Free Trial

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

RADCOM logo with Computer and Technology background
Remove Ads

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.

Remove Ads

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.

Check Out Our Latest Report on RADCOM

RADCOM Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for RADCOM (NASDAQ:RDCM)

Should You Invest $1,000 in RADCOM Right Now?

Before you consider RADCOM, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RADCOM wasn't on the list.

While RADCOM currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!

3 Bank Stocks Defying Market Turmoil—Cheap Options Trades!

While tech giants are down, "boring" bank stocks are quietly outperforming. Find out how to leverage these banks' stability for significant gains!

Related Videos

Why Palantir’s Future Just Got a Massive Boost
7 Flying Car Stocks to Buy Before the Sector Really Takes Off
Archer Aviation: Sinking Now, Soaring Soon?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads