Sonic Foundry Inc: Burish Andrew D. Makes Purchase

February 14, 2018 - By Winifred Garcia

 Sonic Foundry Inc: Burish Andrew D. Makes Purchase

Investors sentiment increased to 1 in 2017 Q3. Its up 0.43, from 0.57 in 2017Q2. It is positive, as 1 investors sold Sonic Foundry, Inc. shares while 3 reduced holdings. 2 funds opened positions while 2 raised stakes. 686,622 shares or 7.90% less from 745,535 shares in 2017Q2 were reported.

Thompson Investment Mgmt owns 28,943 shares or 0.02% of their US portfolio. Johnson Financial Grp reported 10 shares stake. Wealthtrust Axiom Limited Liability Co accumulated 459,728 shares. California Employees Retirement System stated it has 13,487 shares or 0% of all its holdings. Vanguard Gp holds 46,275 shares or 0% of its portfolio. Renaissance Lc stated it has 0% in Sonic Foundry, Inc. (NASDAQ:SOFO). Royal Bancorp Of Canada stated it has 0% in Sonic Foundry, Inc. (NASDAQ:SOFO). Blackrock holds 0% or 7,382 shares. Geode Cap Mgmt Ltd invested 0% of its portfolio in Sonic Foundry, Inc. (NASDAQ:SOFO). Morgan Stanley has 2,400 shares. Fincl Bank Of America Corp De holds 1,776 shares. Dimensional Fund Advsrs Ltd Partnership reported 0% of its portfolio in Sonic Foundry, Inc. (NASDAQ:SOFO). Pnc Financial Serv Grp Inc has invested 0% in Sonic Foundry, Inc. (NASDAQ:SOFO).

Since January 31, 2018, it had 1 insider purchase, and 0 insider sales for $20,948 activity.

The New Burish Andrew D. Holding in Sonic Foundry Inc

Burish Andrew D. reported SC 13G/A form with the SEC for Sonic Foundry Inc. Access it here: 000102974418000032. As reported by Burish Andrew D., the filler owns 12.8% or 583,980 shares of the Information Technology–company.

Sonic Foundry Inc stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Burish Andrew D.’s positive view for Sonic Foundry Inc.

Sonic Foundry Inc Institutional Sentiment

Filings show 14 investors own Sonic Foundry Inc. The ownership in Q3 2015 is low, at Infinity of the outstanding shares. This is increased by 9608. 750409 were owned by these investors. 2 funds opened new Sonic Foundry Inc stakes, 1 increased positions. There were 3 that closed positions and 2 reduced them.

Johnson Financial Group Inc is an investor bullish on Sonic Foundry Inc, owning 10 shares as of Q3 2015 for less than 0.01% of its portfolio. Kanaly Trust Co owns 500 shares or less than 0.01% of its portfolio. CT Manatuck Hill Partners Llc have 0.10% of its portfolio for 27000 shares. Further, Firstmerit Bank N A Trustee reported stake worth 0.01% of its portfolio. The PA Wealthtrust Axiom Llc owns 536355 shares. Sonic Foundry Inc is 1.87% of its portfolio.

Business Profile

Sonic Foundry, Inc. is engaged in the business of providing enterprise solutions and services for the Web communications market. The Company is engaged in offering video capture, management and Webcasting solutions in education, business and government. Using its Mediasite Webcasting platform and Webcast services of the Company’s events team, the Company allows its customers to share knowledge online, using video Webcasts to bridge time and distance, and develop learning outcomes. The Company offers video solutions, including Mediasite Video Platform, Mediasite Video Cloud, Mediasite Capture Solutions, Mediasite Events, Mediasite Services and Mediasite Customer Assurance. The Company’s Mediasite Services include Advanced Integration Services, Installation Services and Training Services. It offers solutions for higher education, corporate enterprises, health-related enterprises and government agencies.

SEC Form 13G.

The stock increased 5.58% or $0.14 during the last trading session, reaching $2.64. About 26,693 shares traded or 62.73% up from the average. Sonic Foundry, Inc. (NASDAQ:SOFO) has declined 37.02% since February 14, 2017 and is downtrending. It has underperformed by 53.72% the S&P500.

Sonic Foundry, Inc. provides enterprise solutions and services for the Web communications market in the United States and internationally. The company has market cap of $11.78 million. It offers Mediasite Video Platform, an on-premises solution to publish, stream, manage, search, and analyze videos; and Mediasite Video Cloud, a solution, which provides hosting and management of content. It currently has negative earnings. The firm also provides Mediasite Capture Solutions comprising My Mediasite that makes a snap for instructors, employees, and students to create videos, screencasts, and slideshows from their computers or mobile devices; Mediasite RL Recorders that are a series of built-in room appliances for use in recording video and content; Mediasite RL Mini, which builds/expands an automated lecture capture programs in community colleges, vocational-tech schools, small departments, and K12 classrooms; Mediasite Catch, a video capture solution to extend video capture to various classrooms on campus; Mediasite ML Recorders, a video producer with portable recording solutions to capture and stream broadcast-quality video; and Mediasite Join that captures and preserves video calls or meetings.

More notable recent Sonic Foundry, Inc. (NASDAQ:SOFO) news were published by: Globenewswire.com which released: “Sonic Foundry to Release First Quarter 2018 Results on February 13, 2018” on February 07, 2018, also Globenewswire.com with their article: “Sonic Foundry Files Form 12-b-25” published on December 29, 2017, Globenewswire.com published: “Sonic Foundry Announces NewTek NDI Integration” on February 06, 2018. More interesting news about Sonic Foundry, Inc. (NASDAQ:SOFO) were released by: Globenewswire.com and their article: “Long-Time Director of Sonic Foundry Board, Dr. David C. Kleinman, to Retire” published on November 21, 2017 as well as Marketwatch.com‘s news article titled: “Sonic Foundry Inc.” with publication date: October 14, 2015.

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