Value Base Ltd. Purchases New Position in RADCOM Ltd. (NASDAQ:RDCM)

Value Base Ltd. bought a new stake in RADCOM Ltd. (NASDAQ:RDCM) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 835,734 shares of the technology company’s stock, valued at approximately $10,330,000. RADCOM makes up about 6.3% of Value Base Ltd.’s investment portfolio, making the stock its 5th largest position. Value Base Ltd. owned approximately 0.05% of RADCOM as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of RDCM. Janney Montgomery Scott LLC increased its position in shares of RADCOM by 3.0% in the 4th 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. Legato Capital Management LLC bought a new position in RADCOM during the fourth quarter worth about $848,000. Acuitas Investments LLC lifted its holdings in RADCOM by 21.6% during the fourth quarter. Acuitas Investments LLC now owns 183,498 shares of the technology company’s stock worth $2,268,000 after acquiring an additional 32,631 shares in the last quarter. Finally, Essex Investment Management Co. LLC bought a new stake in shares of RADCOM in the fourth quarter worth about $2,832,000. Institutional investors own 48.32% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Needham & Company LLC reiterated a “buy” rating and set a $16.00 price objective on shares of RADCOM in a report on Friday, January 17th. StockNews.com lowered shares of RADCOM from a “strong-buy” rating to a “buy” rating in a research note on Wednesday.

RADCOM Trading Down 2.7 %

RDCM stock opened at $12.34 on Friday. The stock has a 50-day moving average price of $12.97 and a two-hundred day moving average price of $11.67. RADCOM Ltd. has a 1 year low of $8.52 and a 1 year high of $15.98. The stock has a market cap of $193.27 million, a PE ratio of 28.05 and a beta of 0.93.

RADCOM (NASDAQ:RDCM) last announced 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, analysts forecast that RADCOM Ltd. will post 0.54 earnings per share for the current fiscal year.

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.