Yelin Lapidot Holdings Management Ltd. Sells 172,375 Shares of RADCOM Ltd. (NASDAQ:RDCM)

Yelin Lapidot Holdings Management Ltd. reduced its stake in shares of RADCOM Ltd. (NASDAQ:RDCM - Free Report) by 22.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 604,222 shares of the technology company's stock after selling 172,375 shares during the period. RADCOM makes up approximately 1.3% of Yelin Lapidot Holdings Management Ltd.'s holdings, making the stock its 21st biggest holding. Yelin Lapidot Holdings Management Ltd. owned 3.86% of RADCOM worth $7,468,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Legato Capital Management LLC acquired a new stake in RADCOM in the 4th quarter valued at approximately $848,000. Acuitas Investments LLC raised its holdings in shares of RADCOM by 21.6% in the fourth 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 during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of RADCOM by 30.2% in the third quarter. Janney Montgomery Scott LLC now owns 304,064 shares of the technology company's stock worth $3,144,000 after purchasing an additional 70,544 shares in the last quarter. Institutional investors own 48.32% of the company's stock.

RADCOM Trading Up 1.0 %

Shares of RDCM traded up $0.12 during midday trading on Tuesday, reaching $11.66. The stock had a trading volume of 61,381 shares, compared to its average volume of 51,631. The firm has a 50 day simple moving average of $13.02 and a 200-day simple moving average of $11.51. The firm has a market cap of $182.62 million, a PE ratio of 26.50 and a beta of 0.90. RADCOM Ltd. has a one year low of $8.52 and a one year high of $15.98.

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on RDCM. Needham & Company LLC restated a "buy" rating and set a $16.00 price objective on shares of RADCOM in a research note on Friday, January 17th. StockNews.com downgraded RADCOM from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, February 26th.

RADCOM 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.