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

June 27, 2018 - By Clyde Turner

Vonage Holdings Corp. (NYSE:VG) Corporate Logo

During 2018 Q1 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 turned negative. 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.
Quantitative Investment Mngmt Ltd reported 218,200 shs stake. 1,000 were accumulated by North Star Mgmt Corporation. Invesco reported 0.01% of its capital in Vonage Holdings Corp. (NYSE:VG). Aqr Capital Mngmt Ltd Liability Corporation has 105,291 shs. Vanguard Grp has invested 0.01% in Vonage Holdings Corp. (NYSE:VG). New York State Common Retirement Fund has 222,200 shs for 0% of their capital. Meeder Asset Mgmt holds 0.01% or 7,172 shs. Riverhead Capital Mgmt Ltd Company, a Delaware-based fund reported 17,783 shs. Massmutual Tru Fsb Adv stated it has 0% of its capital in Vonage Holdings Corp. (NYSE:VG). 76,347 were reported by Rafferty Asset Limited Liability Company. Qs Ltd Com stated it has 17,251 shs. Pnc Financial Svcs stated it has 0% in Vonage Holdings Corp. (NYSE:VG). Cornerstone Advsr has 58 shs. Coho Prtnrs Limited holds 0% or 10,000 shs. Suffolk Cap Mgmt accumulated 76,288 shs.

Vonage Holdings Corp. had 15 insider sales and 0 insider buys since January 10, 2018. This’s net activity of $36.18 million. $5.34 million worth of Vonage Holdings Corp. (NYSE:VG) was sold by Citron Jeffrey A on Wednesday, January 10. WYATT KENNETH had sold 38,000 shs worth $411,996. 29,388 shs were sold by LALA VINOD, worth $311,529. On Tuesday, June 12 $26,304 worth of Vonage Holdings Corp. (NYSE:VG) was sold by KAHN VALERIE. $121,406 worth of stock was sold by GILVAR EDWARD M. on Thursday, March 15. $27,346 worth of stock was sold by PATEL JAYESH on Thursday, May 17.

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

VG is touching $12.52 during the last trading session, after increased 0.32%.Currently Vonage Holdings Corp. is uptrending after 58.76% change in last June 27, 2017. VG has 263,892 shares volume. The stock outperformed the S&P 500 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

A total of 3 analysts rate Vonage Holdings (NYSE:VG) as follows: 3 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. (NYSE:VG) has 4 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Thursday, February 22 William Blair maintained Vonage Holdings Corp. (NYSE:VG) with “Buy” rating. On Wednesday, January 3 the firm has “Buy” rating by Robert W. Baird given. On Thursday, February 22 the firm has “Buy” rating given by Northland Capital. On Thursday, February 22 the stock of Vonage Holdings Corp. (NYSE:VG) has “Outperform” rating given by Robert W. Baird.

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

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