Sharon Carmel Acquires 82,650 Shares of Beamr Imaging (NASDAQ:BMR) Stock

Beamr Imaging Ltd. (NASDAQ:BMR) CEO Sharon Carmel bought 82,650 shares of the firm’s stock in a transaction dated Wednesday, July 22nd. The shares were acquired at an average price of $1.28 per share, for a total transaction of $105,792.00. Following the acquisition, the chief executive officer directly owned 3,650,840 shares of the company’s stock, valued at approximately $4,673,075.20. The trade was a 2.32% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Beamr Imaging Stock Down 1.6%

Shares of NASDAQ BMR opened at $1.20 on Thursday. The company has a 50-day moving average of $1.54 and a two-hundred day moving average of $1.69. Beamr Imaging Ltd. has a 1-year low of $1.06 and a 1-year high of $3.85.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Beamr Imaging in a report on Monday, May 18th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Trading of Beamr Imaging

Hedge funds have recently modified their holdings of the company. Susquehanna International Group LLP boosted its stake in Beamr Imaging by 15.2% during the 3rd quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock worth $176,000 after acquiring an additional 7,600 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Beamr Imaging in the first quarter worth $84,000. Renaissance Technologies LLC raised its holdings in Beamr Imaging by 56.2% in the fourth quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock worth $65,000 after purchasing an additional 15,000 shares during the period. Finally, Two Sigma Investments LP bought a new position in shares of Beamr Imaging during the third quarter worth $33,000. 0.71% of the stock is currently owned by institutional investors and hedge funds.

Beamr Imaging Company Profile

Beamr Imaging (NASDAQ: BMR) is a technology company specializing in perceptual image and video compression solutions. The company develops software encoders and cloud-based optimization tools that reduce file sizes while preserving visual quality. Its proprietary technology analyzes visual data in accordance with human perception, allowing media providers to deliver high-resolution content with lower bandwidth consumption.

Beamr’s product suite includes an image optimization SDK, a video encoder that supports multiple codecs, and an API for cloud integration.