Support.com (SPRT) Upgraded by ValuEngine to Hold
Support.com (NASDAQ:SPRT) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued on Tuesday.
Support.com (SPRT) opened at $2.79 on Tuesday. Support.com has a fifty-two week low of $1.89 and a fifty-two week high of $2.99.
Hedge funds have recently bought and sold shares of the company. Northern Trust Corp lifted its holdings in shares of Support.com by 6.7% in the second quarter. Northern Trust Corp now owns 50,599 shares of the technology company’s stock worth $117,000 after acquiring an additional 3,182 shares during the last quarter. Cornerstone Capital Inc. bought a new position in shares of Support.com in the fourth quarter worth about $145,000. Vanguard Group Inc. lifted its holdings in shares of Support.com by 3.0% in the second quarter. Vanguard Group Inc. now owns 532,759 shares of the technology company’s stock worth $1,246,000 after acquiring an additional 15,536 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of Support.com by 7.2% in the fourth quarter. Renaissance Technologies LLC now owns 1,115,963 shares of the technology company’s stock worth $2,701,000 after acquiring an additional 75,200 shares during the last quarter. 34.83% of the stock is owned by hedge funds and other institutional investors.
Support.com, Inc is a provider of cloud-based software and services for technology support. The Company offers outsourced support services for service providers, retailers, Internet of Things (IoT) solution providers and technology companies. It offers technology support services programs for both the consumer and small business markets, and includes computer and mobile device set-up, security and support, virus and malware removal, wireless network set-up, and home security and automation system support.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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