How Many Vonage Holdings Corp. (NYSE:VG)’s Analysts Are Bullish?

February 10, 2018 - By Marie Mckinney

 How Many Vonage Holdings Corp. (NYSE:VG)'s Analysts Are Bullish?
Investors sentiment increased to 1.33 in Q3 2017. Its up 0.28, from 1.05 in 2017Q2. It is positive, as 15 investors sold Vonage Holdings Corp. shares while 66 reduced holdings. 44 funds opened positions while 64 raised stakes. 181.10 million shares or 8.56% more from 166.81 million shares in 2017Q2 were reported.
State Board Of Administration Of Florida Retirement Sys invested in 0% or 77,074 shares. Swiss Commercial Bank stated it has 0% in Vonage Holdings Corp. (NYSE:VG). Intl Group holds 159,111 shares. The Connecticut-based Trexquant Invest L P has invested 0.06% in Vonage Holdings Corp. (NYSE:VG). The Massachusetts-based Grantham Mayo Van Otterloo And Limited has invested 0% in Vonage Holdings Corp. (NYSE:VG). Sei Invests Company stated it has 0% in Vonage Holdings Corp. (NYSE:VG). Thompson Davis & Co holds 0.11% of its portfolio in Vonage Holdings Corp. (NYSE:VG) for 7,625 shares. Granahan Invest Mgmt Inc Ma holds 0.26% or 377,040 shares in its portfolio. Amer Century Cos, a Missouri-based fund reported 350,078 shares. Texas Permanent School Fund reported 0.02% in Vonage Holdings Corp. (NYSE:VG). 413,908 were accumulated by Legal And General Group Inc Public Ltd Com. Paloma Prns Management holds 16,203 shares. Tci Wealth Advsr accumulated 261 shares. Invesco Ltd has invested 0% of its portfolio in Vonage Holdings Corp. (NYSE:VG). First Quadrant Lp Ca invested in 0.03% or 208,200 shares.

Since August 15, 2017, it had 0 insider buys, and 6 insider sales for $22.36 million activity. PEARSON DAVID T. also sold $1.60M worth of Vonage Holdings Corp. (NYSE:VG) on Monday, August 21.

Vonage Holdings Corp. (NYSE:VG) Ratings Coverage

Among 11 analysts covering Vonage (NYSE:VG), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Vonage had 31 analyst reports since July 31, 2015 according to SRatingsIntel. Robert W. Baird initiated Vonage Holdings Corp. (NYSE:VG) rating on Wednesday, September 14. Robert W. Baird has “Outperform” rating and $8 target. William Blair maintained the stock with “Buy” rating in Friday, May 5 report. The stock of Vonage Holdings Corp. (NYSE:VG) has “Buy” rating given on Wednesday, November 8 by William Blair. The firm has “Buy” rating by Needham given on Monday, December 11. The firm has “Outperform” rating given on Thursday, November 5 by Oppenheimer. On Thursday, August 3 the stock rating was maintained by Craig Hallum with “Buy”. The firm earned “Buy” rating on Monday, September 12 by Dougherty & Company. The company was maintained on Tuesday, June 28 by Needham. The stock has “Buy” rating by Canaccord Genuity on Thursday, November 5. Dougherty & Company maintained Vonage Holdings Corp. (NYSE:VG) on Friday, August 4 with “Buy” rating. Below is a list of Vonage Holdings Corp. (NYSE:VG) latest ratings and price target changes.

03/01/2018 Broker: Robert W. Baird Rating: Buy New Target: $11.0 Maintain
11/12/2017 Broker: Needham Rating: Buy New Target: $12.0 Maintain
09/11/2017 Broker: Oppenheimer Rating: Outperform Old Target: $9 New Target: $10 Maintain
08/11/2017 Broker: William Blair Rating: Buy Maintain
08/11/2017 Broker: Needham Rating: Buy New Target: $10.0 Maintain
07/11/2017 Broker: Craig Hallum Rating: Buy New Target: $11.0 Maintain
19/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $9.0 Maintain
27/09/2017 Broker: Needham Rating: Buy New Target: $9.5
13/09/2017 Broker: Citigroup Rating: Buy New Target: $9.75
05/09/2017 Broker: Northland Capital Rating: Buy New Target: $9.5 Maintain

The stock increased 1.35% or $0.14 during the last trading session, reaching $10.51. About 1.63M shares traded. Vonage Holdings Corp. (NYSE:VG) has risen 55.05% since February 10, 2017 and is uptrending. It has outperformed by 38.35% the S&P500.

Vonage Holdings Corp. provides communications services connecting people through cloud-connected devices worldwide. The company has market cap of $2.40 billion. 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. It has a 104.06 P/E ratio. 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.

Another recent and important Vonage Holdings Corp. (NYSE:VG) news was published by Prnewswire.com which published an article titled: “Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call …” on January 23, 2018.

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