Clearone Inc (NASDAQ:CLRO) price target raised to $6.00 by Singular Research

ME Staff
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Analyst Ratings For Clearone Inc (NASDAQ:CLRO)

Today, Singular Research raised its price target on Clearone Inc (NASDAQ:CLRO) to $6.00 per share.

There are 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings, no Buy Ratings on the stock.

The current consensus rating on Clearone Inc (NASDAQ:CLRO) is Hold with a consensus target price of $6.00 per share, a potential 140.00% upside.

Some recent analyst ratings include

  • 5/15/2018-Clearone Inc (NASDAQ:CLRO) gets downgraded to Neutral by B. Riley with a price target of $6.00

Recent Insider Trading Activity For Clearone Inc (NASDAQ:CLRO)
Clearone Inc (NASDAQ:CLRO) has insider ownership of 9.45% and institutional ownership of 6.42%.

  • On 12/8/2017 Larry Hendricks, Director, sold 3,235 with an average share price of $9.19 per share and the total transaction amounting to $29,729.65.
  • On 11/29/2017 Edward D Bagley, Major Shareholder, bought 300,000 with an average share price of $7.00 per share and the total transaction amounting to $2,100,000.00.
  • On 11/22/2017 Edward D Bagley, Major Shareholder, bought 18 with an average share price of $6.90 per share and the total transaction amounting to $124.20.
  • On 11/9/2017 E Bryan Bagley, Major Shareholder, bought 45,448 with an average share price of $6.79 per share and the total transaction amounting to $308,591.92.
  • On 9/18/2017 Edward D Bagley, Major Shareholder, bought 12,001 with an average share price of $7.60 per share and the total transaction amounting to $91,207.60.
  • On 9/12/2017 Larry Hendricks, Director, sold 1,000 with an average share price of $7.50 per share and the total transaction amounting to $7,500.00.
  • On 9/8/2017 Edward D Bagley, Major Shareholder, bought 22,195 with an average share price of $7.57 per share and the total transaction amounting to $168,016.15.

About Clearone Inc (NASDAQ:CLRO)
ClearOne, Inc., together with its subsidiaries, designs, develops, and sells conferencing, collaboration, streaming, and digital signage solutions for voice and visual communications in the United States and internationally. The company offers various professional audio communication products, including professional conferencing and sound-reinforcement products for use in enterprise, healthcare, education and distance learning, government, legal, and finance organizations; mid-tier premium conferencing products for smaller rooms, and small and medium businesses, which interface with video and Web conferencing systems; and professional microphones for use in various applications. It also provides unified communications audio end points comprising traditional tabletop conferencing phones used in conference rooms and offices; and personal conferencing products that could be used with PCs, laptops, tablets, smartphones, and other portable devices. The company's audio communication products and unified communications audio end points enhance communication during a conference call by eliminating echo and background noise. In addition, it offers visual communication products, such as video conferencing products; streaming products, which deliver the Internet protocol (IP) A/V experience by streaming time sensitive high definition audio and video and control over TCP/IP networks; and digital signage systems. The company sells its commercial products to a network of independent audiovisual, information technology, and telecommunications distributors, as well as independent systems integrators, dealers, value-added resellers, and end-users. ClearOne, Inc. was founded in 1983 and is headquartered in Salt Lake City, Utah.

Recent Trading Activity for Clearone Inc (NASDAQ:CLRO)
Shares of Clearone Inc closed the previous trading session at 2,55 +0,100 4,08 % with 120300 shares trading hands.