Clearone Inc Institutional Investor Sentiment Improved in 2016 Q4

June 20, 2017 - By Dolores Ford

 Clearone Inc Institutional Investor Sentiment  Improved in  2016 Q4

Sentiment for Clearone Inc (NASDAQ:CLRO)

Clearone Inc (NASDAQ:CLRO) institutional sentiment increased to 2.2 in Q4 2016. Its up 0.40, from 1.8 in 2016Q3. The ratio is better, as 11 investment professionals opened new or increased stock positions, while 5 cut down and sold equity positions in Clearone Inc. The investment professionals in our partner’s database now own: 1.75 million shares, up from 1.71 million shares in 2016Q3. Also, the number of investment professionals holding Clearone Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 3 Increased: 8 New Position: 3.

ClearOne, Inc. is a global firm that designs, develops and sells conferencing, collaboration, streaming and digital signage solutions for audio/voice and visual communications. The company has market cap of $80.98 million. The Firm designs, develops, markets and services a line of conferencing products for personal use, as well as traditional tabletop, mid-tier professional products for large, medium and small businesses. It has a 163.64 P/E ratio. The Company’s end users range from companies and institutions to small and medium-sized businesses, higher education and government organizations, as well as individual consumers.

About 101 shares traded. ClearOne Incoprorated (NASDAQ:CLRO) has declined 12.62% since June 20, 2016 and is downtrending. It has underperformed by 29.32% the S&P500.

C M Bidwell & Associates Ltd holds 0.01% of its portfolio in ClearOne Incoprorated for 4,785 shares. Salem Investment Counselors Inc owns 4,000 shares or 0.01% of their US portfolio. Moreover, Bank Of America Corp De has 0% invested in the company for 8 shares. The California-based Blackrock Fund Advisors has invested 0% in the stock. Blackrock Investment Management Llc, a New Jersey-based fund reported 1,035 shares.#img1#

ClearOne Incoprorated (NASDAQ:CLRO) Ratings Coverage

Ratings analysis reveals 100% of ClearOne Inc’s analysts are positive. Out of 2 Wall Street analysts rating ClearOne Inc, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $14 while the high is $14.50. The stock’s average target of $14.25 is 50.79% above today’s ($9.45) share price. CLRO was included in 4 notes of analysts from August 7, 2015. The firm has “Buy” rating by B. Riley & Co given on Wednesday, March 15. On Monday, March 14 the stock rating was maintained by B. RIley with “Buy”.

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