Synacor, Inc. (SYNC) Files Form 4 Insider Selling : Jordan Levy Sells 25,000 Shares

Synacor, Inc. (SYNC): Jordan Levy , director of Synacor, Inc. sold 25,000 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $3.03 per share for a total value of $75,732.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, Jordan Levy (director) sold 25,000 shares at $3.09 per share price.On Mar 11, 2015, Gary L Ginsberg (director) purchased 20,000 shares at $2.33 per share price.Also, On Mar 9, 2015, William John Stuart (CFO) purchased 15,000 shares at $2.17 per share price.On Mar 5, 2015, Michael J Montgomery (director) purchased 25,000 shares at $2.29 per share price.

Synacor Inc: On Tuesday, Jun 7, 2016 heightened volatility was witnessed in Synacor Inc which led to swings in the share price. The shares opened for trading at $3.14 and hit $3.49 on the upside , eventually ending the session at $3.47, with a gain of 14.90% or 0.45 points. The heightened volatility saw the trading volume jump to 39,91,844 shares. The 52-week high of the share price is $3.98 and the company has a market cap of $104 M . The 52-week low of the share price is at $1.03.

Synacor Inc Money Flow Index Chart

Synacor Inc. is a provider of start experiences (startpages and homescreens) video solutions identity management (Cloud ID) and various cloud-based services across various devices for cable satellite telecom and consumer electronics companies. The Company is also a provider of authentication and aggregation solutions enabling the delivery of personalized online content. The Company’s technology allows its customers to package various personalized online content and cloud-based services with their Internet communications television and other digital offerings. The Company’s customers offer the Company’s services under their own brands on Internet-enabled devices such as personal computers (PCs) tablets smartphones and connected Televisions. Its product offerings include Start Watch and Communicate. Its products and services include start experiences advertising video experience cloud ID communications (email) and subscriber-based services.

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