February 13, 2017: Sonus Networks’ stock is under accumulation as evidenced by the rising money flow.
The 3-month change in institutional ownership is +1.52%. According to the most recent 13F filing, First Trust Advisors increased their position by 520,707 shares over the previous reporting period. The next institutional investor group is Dimensional Fund Advisors which increased their position by 414,917 shares over the previous period. The third largest institutional investor group to increase their position in Sonus Networks is BlackRock Fund Advisors who increase their position by 322,068 shares over the previous reporting period.
Sonus Networks is a turnaround play candidate.
Sonus Networks Stock Chart
Sonus brings intelligence and security to real-time communications. By helping the world embrace the next generation of cloud-based SIP and 4G/LTE solutions, Sonus enables and secures latency-sensitive, mission critical traffic for VoIP, video, instant messaging and online collaboration. With Sonus, enterprises can give priority to real-time communications based on smart business rules while service providers can offer reliable, comprehensive and secure on-demand network services to their customers. With solutions deployed in more than 100 countries and nearly two decades of experience, Sonus offers a complete portfolio of hardware-based and virtualized Session Border Controllers (SBCs), Diameter Signaling Controllers (DSCs), Network as a Service capabilities, policy/routing servers and media and signaling gateways.