The EVP & CFO of Nuance Communications (NASDAQ: NUAN) is Selling Shares

By Carrie Williams

Today, the EVP & CFO of Nuance Communications (NUANResearch Report), Daniel David Tempesta, sold shares of NUAN for $678.8K.

Following Daniel David Tempesta’s last NUAN Sell transaction on November 24, 2020, the stock climbed by 13.6%. In addition to Daniel David Tempesta, one other NUAN executive reported Sell trades in the last month.

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Based on Nuance Communications’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $337 million and GAAP net loss of -$26,267,000. In comparison, last year the company earned revenue of $299 million and had a net profit of $16.66 million. The company has a one-year high of $55.27 and a one-year low of $30.31. NUAN’s market cap is $17.36 billion and the company has a P/E ratio of -394.40.

The insider sentiment on Nuance Communications has been negative according to 62 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Nuance Communications, Inc. is the pioneer in conversational AI innovations that bring intelligence to everyday work and life. It delivers solutions that understand, analyze and respond to people, amplifying human intelligence to increase productivity and security. The firm operates through the following segments: Healthcare, Enterprise, Automotive, and Other. The Healthcare segment improves clinical documentation, improve quality of care, minimize physician burnout, integrate quality measures and aid reimbursement. The Enterprise segment engages in multi-channel access to customer service from the businesses they interact with is driving demand for AI-powered omni-channel engagement solutions. The Automotive segment provides embedded and cloud-based automotive solutions. The other segment includes SRS and Devices businesses The company was founded in March 1992 and is headquartered in Burlington, MA.