Vonage Holdings Corp (NYSE:VG) Shorted Shares Reduced By 9.06%

June 27, 2018 - By Arturo Altman

Vonage Holdings Corp. (NYSE:VG) Corporate Logo

During Q1 2018 the big money sentiment decreased to 1.3. That’s change of 0.10, from 2017Q4’s 1.4. 23 investors sold all, 74 reduced holdings as Vonage Holdings Corp. ratio dropped. 74 rose holdings while 52 funds took holdings. Funds hold 187.98 million shares thus 0.94% more from 2017Q4’s 186.23 million shares.
Gru holds 131,573 shs. 89,275 are held by Perkins Cap Management. First Republic Management, California-based fund reported 23,064 shs. Parametric Portfolio Lc holds 0.01% or 773,651 shs in its capital. Smith Asset Mgmt Gp L P invested in 186,530 shs. 157,453 were accumulated by Teachers Retirement Sys Of The State Of Kentucky. Michigan-based World Asset Mngmt has invested 0.01% in Vonage Holdings Corp. (NYSE:VG). Federated Investors Pa holds 0.05% or 1.58 million shs. 64,433 were accumulated by Metropolitan Life Co Ny. Parallax Volatility Advisers L P holds 0% or 9,012 shs in its capital. Mitsubishi Ufj Trust & Corporation holds 0% or 18,653 shs. Strs Ohio stated it has 0.01% of its capital in Vonage Holdings Corp. (NYSE:VG). Fmr Lc owns 2.62 million shs. Da Davidson &, Montana-based fund reported 77,805 shs. Bluecrest Capital Mngmt accumulated 0.02% or 61,422 shs.

Vonage Holdings Corp. had 15 sales and 0 insider buys since January 10, 2018. This’s net activity of $36.18 million. On Monday, March 19 $311,529 worth of Vonage Holdings Corp. (NYSE:VG) was sold by LALA VINOD. KAHN VALERIE sold 9,826 shs worth $106,214. PATEL JAYESH also sold $27,346 worth of Vonage Holdings Corp. (NYSE:VG) shs. Another trade for 38,000 shs valued at $411,996 was made by WYATT KENNETH on Wednesday, March 14. Shares for $5.04M were sold by MASAREK ALAN on Monday, February 26. On Thursday, March 15 a trade for 11,322 shs valued at $121,406 was made by GILVAR EDWARD M..

Vonage Holdings Corp (NYSE:VG) had a decrease of its shorted shares by 9.06%. In June was issued VG’s total 5.65M shorted shares by FINRA. The down change of 9.06% from 6.21M shares was reported. 6 days will cost VG with 967,100 average volume to restore its previous position. Float short on Vonage Holdings Corp is 2.68%.

VG hit $12.52 during the last trading session after $0.04 change.Currently Vonage Holdings Corp. is uptrending after 58.76% change in last June 27, 2017. VG has 263,892 shares volume. VG outperformed the S&P500 by 46.19%.

Vonage Holdings Corp. provides communications services connecting people through cloud-connected devices worldwide.The company has $2.97 billion market cap. It offers various business services, including basic dial tone, call queue, conferencing, call groups, mobile functionality, CRM integration, and detailed analytics, as well as Vonage Essential services.Last it reported negative earnings. The firm also provides home telephone replacement services through various service plans with basic features, such as voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, as well as area code selection, virtual phone number, and Web-enabled voicemail.

Vonage Holdings Corp. (NYSE:VG) Ratings Coverage

In total 3 analysts cover Vonage Holdings (NYSE:VG). “Buy” rating has 3, “Sell” are 0, while 0 are “Hold”. (NYSE:VG) has 100% bullish analysts. 4 are the (NYSE:VG)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Thursday, February 22 William Blair maintained the shares of VG in report with “Buy” rating. In Thursday, February 22 report Robert W. Baird maintained the stock with “Outperform” rating. On Thursday, February 22 the rating was maintained by Northland Capital with “Buy”. On Wednesday, January 3 the rating was maintained by Robert W. Baird with “Buy”.

Vonage Holdings Corp. (NYSE:VG) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: