Acuitas Investments LLC Acquires 32,631 Shares of RADCOM Ltd. (NASDAQ:RDCM)

Acuitas Investments LLC raised its holdings in RADCOM Ltd. (NASDAQ:RDCM) by 21.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 183,498 shares of the technology company’s stock after purchasing an additional 32,631 shares during the period. RADCOM makes up about 1.9% of Acuitas Investments LLC’s portfolio, making the stock its 28th largest holding. Acuitas Investments LLC owned approximately 1.17% of RADCOM worth $2,268,000 as of its most recent SEC filing.

Separately, Janney Montgomery Scott LLC boosted its stake 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 during the period. 48.32% of the stock is currently owned by hedge funds and other institutional investors.

RADCOM Trading Down 4.3 %

Shares of NASDAQ:RDCM opened at $13.49 on Tuesday. The firm has a 50 day moving average of $12.84 and a 200-day moving average of $11.28. RADCOM Ltd. has a 12 month low of $8.52 and a 12 month high of $15.98. The stock has a market capitalization of $211.25 million, a PE ratio of 28.70 and a beta of 0.90.

RADCOM (NASDAQ:RDCM) last released its earnings results on Wednesday, February 12th. The technology company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.05). RADCOM had a return on equity of 8.90% and a net margin of 12.44%. On average, research analysts predict that RADCOM Ltd. will post 0.42 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on RDCM shares. 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 raised RADCOM from a “buy” rating to a “strong-buy” rating in a report on Friday.

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.