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CEO and Chairman of Synchronoss Technologies Inc. Stephen G. Waldis Sold 55,000 Shares
Posted by: alicet236 (IP Logged)
Date: July 19, 2013 01:14PM

In 2000, Synchronoss Technologies Inc. was incorporated in Delaware. Synchronoss Technologies Inc. The company is a provider of transaction management platforms that enable communications service providers, equipment manufacturers with embedded connectivity, and other customers who automate subscriber activation, order management and service provisioning from any channel to any communication service across any device type. has a market cap of $1.19 billion; its shares were traded at around $30.11 with a P/E ratio of 53.19 and P/S ratio of 4.10. Synchronoss Technologies Inc. had an annual average earnings growth of 16.5% over the past five years.

CEO and Chairman of Synchronoss Technologies Inc. (SNCR) Stephen G. Waldis sold 55,000 shares on July 18, 2013 at an average price of $29.59. The total transaction amount was $1,627,450.

In addition to his sell on July 18, Mr. Waldis also sold 220,000 shares of SNCR stock in March, April, Mayand June. From February to June, EVP and CFO Lawrence R. Irving sold a total of 45,907 shares of SNCR stock. Other directors and officers also sold shares of this company’s stock.

Synchronoss Technologies announced its 2013 first financial quarter results with revenues of $78.3 million and net income of $476,000.

Stocks Discussed: SNCR,
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