Synchronoss Technologies (SNCR) Projected to Post Quarterly Earnings on Tuesday

Key Points

• Synchronoss Technologies is set to release its Q2 2025 earnings on August 5th, with analysts predicting earnings of $0.25 per share and revenue of $42.79 million.
• The company's stock opened at $8.22, down by 2.7%, with a market cap of approximately $94.51 million and notable insider stock trades occurring recently.
• Goldman Sachs has significantly increased its stake in Synchronoss Technologies by 212.3%, indicating growing institutional interest in the company.

Synchronoss Technologies (NASDAQ:SNCR - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results before the market opens on Tuesday, August 5th. Analysts expect Synchronoss Technologies to post earnings of $0.25 per share and revenue of $42.79 million for the quarter.

Synchronoss Technologies Stock Performance

SNCR stock traded down $0.09 during midday trading on Wednesday, hitting $7.79. The stock had a trading volume of 72,976 shares, compared to its average volume of 88,607. The firm has a market capitalization of $89.59 million, a price-to-earnings ratio of -37.09 and a beta of 1.72. Synchronoss Technologies has a 52 week low of $6.00 and a 52 week high of $15.46. The stock has a 50-day simple moving average of $7.08 and a 200 day simple moving average of $8.87. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 5.23.

Insider Buying and Selling at Synchronoss Technologies

In related news, CEO Jeffrey George Miller sold 8,004 shares of the firm's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $6.99, for a total value of $55,947.96. Following the completion of the transaction, the chief executive officer directly owned 437,560 shares of the company's stock, valued at $3,058,544.40. This trade represents a 1.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Laurie Harris sold 4,800 shares of the firm's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $7.00, for a total value of $33,600.00. Following the completion of the transaction, the director directly owned 47,632 shares of the company's stock, valued at approximately $333,424. This trade represents a 9.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 39,363 shares of company stock valued at $290,691. 19.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Synchronoss Technologies stock. Jane Street Group LLC acquired a new position in Synchronoss Technologies, Inc. (NASDAQ:SNCR - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 23,873 shares of the software maker's stock, valued at approximately $260,000. Jane Street Group LLC owned 0.21% of Synchronoss Technologies as of its most recent SEC filing. Institutional investors own 51.71% of the company's stock.

Synchronoss Technologies Company Profile

Synchronoss Technologies, Inc provides cloud, messaging, digital, and network management solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Synchronoss Personal Cloud platform that allows customers' subscribers to backup and protect, engage with, and manage their personal content.