Sonic Foundry, Inc. (SOFO) At $2.28 Forms Bottom; Salem Investment Counselors Has Boosted Merck & Co (MRK) Stake

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Sonic Foundry, Inc. (SOFO) formed multiple bottom with $2.21 target or 3.00% below today’s $2.28 share price. Sonic Foundry, Inc. (SOFO) has $10.17M valuation. The stock decreased 3.39% or $0.08 during the last trading session, reaching $2.28. About 982 shares traded. Sonic Foundry, Inc. (NASDAQ:SOFO) has declined 56.50% since May 6, 2017 and is downtrending. It has underperformed by 68.05% the S&P500.

Salem Investment Counselors Inc increased Merck & Co Inc (MRK) stake by 36.77% reported in 2017Q4 SEC filing. Salem Investment Counselors Inc acquired 60,334 shares as Merck & Co Inc (MRK)’s stock declined 4.63%. The Salem Investment Counselors Inc holds 224,432 shares with $12.63 million value, up from 164,098 last quarter. Merck & Co Inc now has $155.50B valuation. The stock increased 0.38% or $0.22 during the last trading session, reaching $57.75. About 8.73M shares traded. Merck & Co., Inc. (NYSE:MRK) has declined 14.94% since May 6, 2017 and is downtrending. It has underperformed by 26.49% the S&P500.

Investors sentiment decreased to 0.8 in Q4 2017. Its down 0.20, from 1 in 2017Q3. It is negative, as 0 investors sold Sonic Foundry, Inc. shares while 5 reduced holdings. 2 funds opened positions while 2 raised stakes. 667,976 shares or 2.72% less from 686,622 shares in 2017Q3 were reported. Johnson Grp has invested 0% of its portfolio in Sonic Foundry, Inc. (NASDAQ:SOFO). Morgan Stanley holds 2,001 shares. Renaissance Technology Limited Com owns 49,719 shares or 0% of their US portfolio. 57,646 are owned by Geode Cap Limited Co. Thompson Investment Mngmt Inc has invested 0.01% of its portfolio in Sonic Foundry, Inc. (NASDAQ:SOFO). Dimensional Fund Advsrs Lp has 0% invested in Sonic Foundry, Inc. (NASDAQ:SOFO) for 22,494 shares. Royal State Bank Of Canada invested in 0% or 1 shares. Bancorporation Of America Corp De invested 0% in Sonic Foundry, Inc. (NASDAQ:SOFO). Wealthtrust Axiom Lc reported 0.49% of its portfolio in Sonic Foundry, Inc. (NASDAQ:SOFO). Blackrock Inc invested 0% of its portfolio in Sonic Foundry, Inc. (NASDAQ:SOFO). Deutsche State Bank Ag invested in 3,300 shares. 45,875 are held by Vanguard Group Incorporated. California Employees Retirement owns 13,487 shares. Pnc Financial Group holds 0% of its portfolio in Sonic Foundry, Inc. (NASDAQ:SOFO) for 20 shares.

Since January 31, 2018, it had 2 buys, and 0 selling transactions for $520,948 activity. Burish Andrew D. bought 232,558 shares worth $500,000.

Among 24 analysts covering Merck & Co. Inc. (NYSE:MRK), 21 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Merck & Co. Inc. had 90 analyst reports since August 13, 2015 according to SRatingsIntel. Morgan Stanley maintained Merck & Co., Inc. (NYSE:MRK) rating on Wednesday, February 7. Morgan Stanley has “Equal-Weight” rating and $63 target. The stock has “Sell” rating by Jefferies on Monday, July 17. The firm has “Buy” rating given on Wednesday, April 6 by Societe Generale. The stock of Merck & Co., Inc. (NYSE:MRK) earned “Buy” rating by BMO Capital Markets on Tuesday, June 6. On Monday, October 30 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. The firm earned “Sell” rating on Friday, August 18 by Jefferies. The rating was upgraded by Berenberg to “Hold” on Thursday, August 27. The firm earned “Buy” rating on Monday, October 30 by Citigroup. On Friday, July 28 the stock rating was maintained by SunTrust with “Buy”. BMO Capital Markets maintained Merck & Co., Inc. (NYSE:MRK) on Wednesday, February 14 with “Outperform” rating.

Salem Investment Counselors Inc decreased Abbvie Inc (NYSE:ABBV) stake by 6,278 shares to 91,692 valued at $8.87M in 2017Q4. It also reduced Discover Finl Svcs (NYSE:DFS) stake by 8,900 shares and now owns 55,394 shares. Alphabet Inc was reduced too.

Merck & Co., Inc. (NYSE:MRK) Institutional Positions Chart