Wealthtrust Axiom Lowers stake in Sonic Foundry Inc (SOFO)

Sonic Foundry Inc (SOFO) : Wealthtrust Axiom reduced its stake in Sonic Foundry Inc by 0.79% during the most recent quarter end. The investment management company now holds a total of 527,919 shares of Sonic Foundry Inc which is valued at $3,093,605 after selling 4,229 shares in Sonic Foundry Inc , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Sonic Foundry Inc makes up approximately 1.17% of Wealthtrust Axiom’s portfolio.

Other Hedge Funds, Including ,

Sonic Foundry Inc closed down -0.5399 points or -8.37% at $5.91 with 4,104 shares getting traded on Friday. Post opening the session at $6.24, the shares hit an intraday low of $5.91 and an intraday high of $6.24 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Sonic Foundry Inc. is engaged in the business of providing enterprise solutions and services for the web communications market. The Company is a provider of enterprise webcasting solutions providing video content management and distribution for education business and government. The Company helps people to share knowledge online using video webcasts to bridge time and distance enhance learning outcomes and improve performance. The Company’s Products include Mediasite Enterprise Video Platform Mediasite Cloud and Mediasite Capture Solutions. The Company also provides services such as Advanced Integration Services Installation Services and Training Services.

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