Support.com (SPRT) Sees Unusually-High Trading Volume

Support.com, Inc. (NASDAQ:SPRT) saw an uptick in trading volume on Tuesday . 1,183,350 shares changed hands during mid-day trading, an increase of 3,409% from the previous session’s volume of 33,727 shares.The stock last traded at $2.42 and had previously closed at $2.13.

The company has a market cap of $40.29 million, a PE ratio of 27.13 and a beta of 0.56.

Several institutional investors and hedge funds have recently bought and sold shares of SPRT. Virtu Financial LLC acquired a new position in shares of Support.com in the 4th quarter valued at $29,000. Two Sigma Securities LLC acquired a new position in shares of Support.com in the 4th quarter valued at $39,000. Aspiriant LLC acquired a new position in shares of Support.com in the 1st quarter valued at $47,000. Finally, Kennedy Capital Management Inc. lifted its stake in shares of Support.com by 1.1% in the 1st quarter. Kennedy Capital Management Inc. now owns 884,325 shares of the technology company’s stock valued at $1,999,000 after purchasing an additional 9,411 shares during the period. Hedge funds and other institutional investors own 41.44% of the company’s stock.

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About Support.com (NASDAQ:SPRT)

Support.com, Inc provides customer support services, end user software, and cloud-based software primarily in the United States. The company offers turnkey and outsourced support services for service providers, retailers, original equipment manufacturers (OEMs), warranty providers, Internet of Things solution providers, and technology companies.

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