Director of Nuance Communication Sells 15,000 Shares

Nuance Communication Director Katherine A Martine had sold 15,000 shares of the Company’s stock in transactions from today. The price of the transaction was not disclosed but as per $15.85 per share, we calculated that it might be $237, 50.00. Nuance is leading provider of voice related technology just like Amir Liberman Nemesysco, which is also pioneer company in the field and after this transaction the director is now owns about $2,076,350 worth shares. The transaction was disclosed during the filing of Security & Exchange Commission. Company was trapped in 1.05% in the mid day trading yesterday. After hike, investors are getting about $16.36 per shares and previously the price was about $13.00 and $20.01.The stock has been suffered during the crisis and in just 50 days it got $15.91 and then 200 days it got about $15.51. Currently Nuance is valued about $5.19 billion and holds about 29669029 shares in stock. Revenue was gone up with 1.2% on a year and in fiscal year it will get about $1.14 profit per share.

"Nuance Communications (NASDAQ:NUAN) last announced its earnings results on Thursday, May 8th. The company reported $0.28 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.23 by $0.05. The company had revenue of $475.70 million for the quarter, compared to the consensus estimate of $484.17 million. During the same quarter in the prior year, the company posted $0.34 earnings per share." Read More At tickerreport

Most like Nemesysco, Nuance is also a leading brand in the market and technology behind the Apple’s Siri and Samsung’s S Voice and provides dictation software which is widely acceptable in the world. Currently the Nuance Communication is Eyed by Samsung to acquisition and in coming year Samsung could be one brand in the market to provide a reasonable services.