Nuance Communications, Inc. (NASDAQ:NUAN) insider Daniel David Tempesta sold 7,500 shares of the stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $17.36, for a total value of $130,200.00. Following the sale, the insider now directly owns 270,810 shares of the company’s stock, valued at $4,701,261.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Daniel David Tempesta also recently made the following trade(s):

  • On Monday, July 3rd, Daniel David Tempesta sold 7,500 shares of Nuance Communications stock. The stock was sold at an average price of $17.42, for a total value of $130,650.00.
  • On Thursday, June 1st, Daniel David Tempesta sold 8,500 shares of Nuance Communications stock. The stock was sold at an average price of $18.61, for a total value of $158,185.00.
  • On Tuesday, May 30th, Daniel David Tempesta sold 1,000 shares of Nuance Communications stock. The stock was sold at an average price of $19.06, for a total value of $19,060.00.
  • On Monday, May 22nd, Daniel David Tempesta sold 7,500 shares of Nuance Communications stock. The stock was sold at an average price of $18.80, for a total value of $141,000.00.

Nuance Communications, Inc. (NASDAQ:NUAN) traded up 0.90% during midday trading on Friday, reaching $16.85. The company’s stock had a trading volume of 1,019,709 shares. The company’s 50-day moving average price is $17.73 and its 200-day moving average price is $17.41. The company’s market capitalization is $4.85 billion. Nuance Communications, Inc. has a 1-year low of $13.44 and a 1-year high of $19.93.

Nuance Communications (NASDAQ:NUAN) last announced its quarterly earnings data on Tuesday, May 9th. The software maker reported $0.21 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by $0.04. The firm had revenue of $511.10 million during the quarter, compared to analyst estimates of $506.83 million. Nuance Communications had a negative net margin of 2.57% and a positive return on equity of 15.76%. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.38 EPS. On average, analysts predict that Nuance Communications, Inc. will post $1.10 earnings per share for the current fiscal year.

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Several large investors have recently made changes to their positions in the stock. Comerica Bank increased its stake in shares of Nuance Communications by 0.7% in the first quarter. Comerica Bank now owns 12,581 shares of the software maker’s stock valued at $224,000 after buying an additional 90 shares in the last quarter. Ledyard National Bank raised its position in shares of Nuance Communications by 4.8% in the second quarter. Ledyard National Bank now owns 7,160 shares of the software maker’s stock valued at $125,000 after buying an additional 330 shares during the last quarter. IFP Advisors Inc raised its position in shares of Nuance Communications by 5.1% in the first quarter. IFP Advisors Inc now owns 8,270 shares of the software maker’s stock valued at $143,000 after buying an additional 400 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of Nuance Communications by 1.3% in the first quarter. Nomura Asset Management Co. Ltd. now owns 30,900 shares of the software maker’s stock valued at $535,000 after buying an additional 400 shares during the last quarter. Finally, Argent Capital Management LLC raised its position in shares of Nuance Communications by 2.6% in the first quarter. Argent Capital Management LLC now owns 18,890 shares of the software maker’s stock valued at $327,000 after buying an additional 480 shares during the last quarter. 85.38% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts recently weighed in on the company. Deutsche Bank AG reaffirmed a “buy” rating and set a $25.00 price target on shares of Nuance Communications in a report on Monday, June 12th. Zacks Investment Research raised Nuance Communications from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 12th. Stifel Nicolaus increased their price target on Nuance Communications from $16.00 to $19.00 and gave the stock a “hold” rating in a report on Wednesday, May 10th. BidaskClub downgraded Nuance Communications from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Finally, Barclays PLC reaffirmed a “buy” rating and set a $22.00 price target on shares of Nuance Communications in a report on Friday, May 12th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Nuance Communications presently has a consensus rating of “Hold” and an average price target of $20.89.

Nuance Communications Company Profile

Nuance Communications, Inc is a provider of voice recognition and natural language understanding solutions. The Company’s segments include Healthcare, Mobile, Enterprise and Imaging. The Healthcare segment provides clinical speech and clinical language understanding solutions. The solutions for the Healthcare segment include transcription solutions, Dragon Medical, and clinical document improvement (CDI) and coding solutions.

Insider Buying and Selling by Quarter for Nuance Communications (NASDAQ:NUAN)

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