Sphere 3D (ANY) Lifted to Sell at ValuEngine
ValuEngine upgraded shares of Sphere 3D (NASDAQ:ANY) from a strong sell rating to a sell rating in a research note released on Friday morning.
Separately, Zacks Investment Research raised shares of Sphere 3D from a hold rating to a buy rating and set a $2.75 price target on the stock in a report on Thursday, November 2nd.
Shares of Sphere 3D (ANY) opened at $2.36 on Friday. The stock has a market cap of $15.54, a price-to-earnings ratio of -0.39 and a beta of 3.09. Sphere 3D has a fifty-two week low of $1.90 and a fifty-two week high of $8.73.
In other news, SVP Jenny C. Yeh sold 22,752 shares of the company’s stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $2.50, for a total value of $56,880.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
An institutional investor recently raised its position in Sphere 3D stock. Virtu KCG Holdings LLC lifted its position in Sphere 3D Corp. (NASDAQ:ANY) by 540.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 866,676 shares of the technology company’s stock after purchasing an additional 731,429 shares during the quarter. Virtu KCG Holdings LLC owned 21.10% of Sphere 3D worth $167,000 at the end of the most recent reporting period. Institutional investors own 11.13% of the company’s stock.
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Sphere 3D Company Profile
Sphere 3D Corp. provides virtualization technologies and data management solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It enables organizations to deploy a combination of public, private, or hybrid cloud strategies through containerized applications, virtual desktops, virtual storage, and physical hyper-converged platforms.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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