Nuance Communications, Inc. (NUAN): Adam Bruce Bowden , Executive VP Corporate Strateg of Nuance Communications, Inc. sold 6,000 shares on Jul 1, 2016. The Insider selling transaction was reported by the company on Jul 6, 2016 to the Securities and Exchange Commission. The shares were sold at $15.59 per share for a total value of $93,540.00 , 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 10, 2016, Katherine A Martin (director) sold 10,000 shares at $17.25 per share price.On Jun 3, 2016, Adam Bruce Bowden (Executive VP Corporate Strateg) sold 8,000 shares at $16.85 per share price.Also, On Mar 18, 2016, Mark R Laret (director) sold 14,000 shares at $19.56 per share price.On Mar 18, 2016, Daniel David Tempesta (Executive Vice President and C) sold 9,256 shares at $19.50 per share price.
Shares of Nuance Communications (NUAN) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -0.5 points or -3.19% at $15.17 with 21,85,290 shares getting traded. Post opening the session at $15.6, the shares hit an intraday low of $15.14 and an intraday high of $15.65 and the price vacillated in this range throughout the day. The company has a market cap of $4,236 M and the number of outstanding shares has been calculated to be 27,92,17,320 shares. The 52-week high of Nuance Communications is $21.825 and the 52-week low is $14.37.
Company has been under the radar of several Street Analysts.Nuance Communications is Reiterated by UBS to Neutral while Lowering the Price Target of the company shares to $ 18 from a previous price target of $19 . The Rating was issued on May 12, 2016.Nuance Communications is Reiterated by Leerink Partners to Outperform while Lowering the Price Target of the company shares to $ 22 from a previous price target of $23 . The Rating was issued on May 11, 2016.Nuance Communications is Reiterated by Canaccord Genuity to Buy while Lowering the Price Target of the company shares to $ 20 from a previous price target of $22 . The Rating was issued on May 11, 2016.Nuance Communications is Initiated by Barclays to Equal Weight and the brokerage firm has set the Price Target at $22. The Rating was issued on Apr 15, 2016.
Nuance Communications Inc. is a provider of voice and language solutions for businesses and consumers across the world. The Company’s solutions are used in healthcare mobile consumer enterprise customer service and imaging markets. The Company offers accuracy natural language understanding capability domain knowledge and implementation capabilities. The Company’s solutions are based on the Company’s voice and language platform and are used by businesses for tasks and services such as requesting information from a phone-based self-service solution dictating medical records searching the mobile Web by voice entering a destination into a navigation system or working with portable document format (PDF) documents. The Company offers its solutions to its customers in a range of ways including through products hosting professional services and maintenance and support. The Company operates in four segments: Healthcare Mobile and Consumer Enterprise and Imaging.