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Synchronoss Technologies (NASDAQ:SNCR) EVP Paula J. Hilbert sold 5,574 shares of the stock in a transaction that occurred on Wednesday, January 29th. The shares were sold at an average price of $27.66, for a total value of $154,176.84. Following the sale, the executive vice president now directly owns 24,004 shares of the company’s stock, valued at approximately $663,951. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Synchronoss Technologies (NASDAQ:SNCR) traded down 2.31% on Friday, hitting $26.66. 489,407 shares of the company’s stock traded hands. Synchronoss Technologies has a one year low of $23.67 and a one year high of $39.30. The stock’s 50-day moving average is $30.02 and its 200-day moving average is $33.46. The company has a market cap of $1.044 billion and a price-to-earnings ratio of 97.81.

Synchronoss Technologies (NASDAQ:SNCR) last announced its earnings results on Monday, November 4th. The company reported $0.34 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.34. The company had revenue of $89.71 million for the quarter, compared to the consensus estimate of $90.08 million. During the same quarter last year, the company posted $0.28 earnings per share. Synchronoss Technologies’s revenue was up 30.1% compared to the same quarter last year. Analysts expect that Synchronoss Technologies will post $1.33 EPS for the current fiscal year.

A number of analysts have recently weighed in on SNCR shares. Analysts at Pacific Crest cut their price target on shares of Synchronoss Technologies from $39.00 to $37.00 in a research note to investors on Thursday, December 19th. They now have an “outperform” rating on the stock. Separately, analysts at Raymond James upgraded shares of Synchronoss Technologies from an “outperform” rating to a “strong-buy” rating in a research note to investors on Thursday, December 12th. They now have a $40.00 price target on the stock. Finally, analysts at Robert W. Baird downgraded shares of Synchronoss Technologies from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, November 18th. They now have a $35.00 price target on the stock, down previously from $40.00. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $40.35.

Synchronoss Technologies, Inc (NASDAQ:SNCR) is a provider of on-demand transaction management solutions.

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