835,734 Shares in RADCOM Ltd. (NASDAQ:RDCM) Purchased by Value Base Ltd.

Value Base Ltd. purchased a new stake in RADCOM Ltd. (NASDAQ:RDCM) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 835,734 shares of the technology company’s stock, valued at approximately $10,330,000. RADCOM makes up 6.3% of Value Base Ltd.’s holdings, making the stock its 5th largest holding. Value Base Ltd. owned 5.34% of RADCOM as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Legato Capital Management LLC acquired a new position in shares of RADCOM in the 4th quarter worth approximately $848,000. Acuitas Investments LLC boosted its stake in RADCOM by 21.6% in the fourth quarter. Acuitas Investments LLC now owns 183,498 shares of the technology company’s stock worth $2,268,000 after purchasing an additional 32,631 shares in the last quarter. Essex Investment Management Co. LLC bought a new stake in shares of RADCOM during the fourth quarter worth $2,832,000. Finally, Janney Montgomery Scott LLC grew its holdings in shares of RADCOM by 3.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 313,211 shares of the technology company’s stock worth $3,871,000 after purchasing an additional 9,147 shares during the last quarter. 48.32% of the stock is owned by institutional investors.

RADCOM Stock Performance

NASDAQ RDCM opened at $12.34 on Friday. RADCOM Ltd. has a 52 week low of $8.52 and a 52 week high of $15.98. The stock has a market capitalization of $193.27 million, a P/E ratio of 28.05 and a beta of 0.93. The stock has a fifty day moving average of $12.97 and a 200-day moving average of $11.67.

RADCOM (NASDAQ:RDCM) last announced its quarterly earnings data 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 8.18% and a net margin of 11.42%. Equities research analysts forecast that RADCOM Ltd. will post 0.54 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. StockNews.com lowered shares of RADCOM from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Needham & Company LLC reiterated a “buy” rating and set a $16.00 target price on shares of RADCOM in a research report on Friday, January 17th.

About RADCOM

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.