Boston Partners Sells 21,796 Shares of RADCOM Ltd. (NASDAQ:RDCM)

Boston Partners lessened its stake in RADCOM Ltd. (NASDAQ:RDCM - Free Report) by 44.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,085 shares of the technology company's stock after selling 21,796 shares during the period. Boston Partners owned about 0.17% of RADCOM worth $335,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of RDCM. Legato Capital Management LLC acquired a new position in shares of RADCOM during the fourth quarter valued at approximately $848,000. Acuitas Investments LLC boosted its position in shares of RADCOM by 21.6% during the 4th quarter. Acuitas Investments LLC now owns 183,498 shares of the technology company's stock valued at $2,268,000 after purchasing an additional 32,631 shares in the last quarter. Essex Investment Management Co. LLC acquired a new position in shares of RADCOM in the 4th quarter worth approximately $2,832,000. Finally, Janney Montgomery Scott LLC increased its holdings in shares of RADCOM by 3.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 313,211 shares of the technology company's stock valued at $3,871,000 after buying an additional 9,147 shares in the last quarter. Institutional investors and hedge funds own 48.32% of the company's stock.

RADCOM Trading Down 0.2 %

NASDAQ:RDCM traded down $0.03 on Thursday, hitting $12.16. 15,914 shares of the company's stock traded hands, compared to its average volume of 50,890. The firm has a 50-day moving average price of $12.92 and a 200-day moving average price of $11.75. The company has a market cap of $190.45 million, a PE ratio of 27.64 and a beta of 0.93. RADCOM Ltd. has a 1 year low of $8.52 and a 1 year high of $15.98.

RADCOM (NASDAQ:RDCM - Get Free Report) last issued its earnings results on Wednesday, February 12th. The technology company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by ($0.05). RADCOM had a net margin of 11.42% and a return on equity of 8.18%. On average, research analysts forecast that RADCOM Ltd. will post 0.54 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on RDCM. StockNews.com cut shares of RADCOM from a "strong-buy" rating to a "buy" rating in a report on Wednesday, March 19th. Needham & Company LLC reissued a "buy" rating and set a $16.00 target price on shares of RADCOM in a research note on Friday, January 17th.

RADCOM Company Profile

RADCOM Ltd. provides 5G ready cloud-native, network intelligence, and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-ready, and virtualized service assurance solutions, which allows telecom operators to gain end-to-end network visibility and customer experience insights across all networks; RADCOM Network Visibility, a cloud-native network packet broker and filtering solution that allows CSPs to manage network traffic at scale across multiple cloud environments, and control the visibility layer to perform analysis of select datasets; and RADCOM Network Insights, a business intelligence solution that offers insights for multiple use cases enabled by data captured and correlated through RADCOM Network Visibility and RADCOM Service Assurance.