News articles about Silver Spring Networks (NYSE:SSNI) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Silver Spring Networks earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 46.4138666068428 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment’s analysis:
- Itron and FPL Sign Contract Renewal for Managed Services (finance.yahoo.com)
- Itron to Grow on Silver Spring Acquisition Amid Rising Costs (zacks.com)
- Silver Spring Networks Inc (SSNI:NYS): Analytics, Extensive Financial Metrics, and Benchmarks Against Averages and … – MilTech (military-technologies.net)
- Quanergy Names Rick Arnold as General Counsel | Business Wire – Business Wire (press release) (businesswire.com)
- Silver Spring Networks Inc (SSNI) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
Silver Spring Networks (NYSE SSNI) opened at $16.26 on Tuesday. Silver Spring Networks has a 52-week low of $9.68 and a 52-week high of $16.26. The stock has a market capitalization of $880.35, a price-to-earnings ratio of -19.59 and a beta of 1.60.
In other news, insider Theresa Stynes sold 17,618 shares of the business’s stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $16.23, for a total transaction of $285,940.14. Following the completion of the sale, the insider now owns 24,519 shares in the company, valued at $397,943.37. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Michael Bell sold 140,230 shares of the business’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $16.23, for a total value of $2,275,932.90. Following the sale, the chief executive officer now owns 208,068 shares of the company’s stock, valued at approximately $3,376,943.64. The disclosure for this sale can be found here. In the last quarter, insiders sold 158,426 shares of company stock valued at $2,571,260. Corporate insiders own 25.20% of the company’s stock.
Silver Spring Networks Company Profile
Silver Spring Networks, Inc is engaged in creating, building and deploying large-scale networks and solutions enabling the Internet of things (IoT) for critical infrastructure. The Company provides a networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid.
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