Athanor Capital LP Invests $643,000 in Magicjack Vocaltec Ltd (CALL) Stock

Athanor Capital LP bought a new position in shares of Magicjack Vocaltec Ltd (NASDAQ:CALL) during the 1st quarter, HoldingsChannel reports. The firm bought 76,500 shares of the technology company’s stock, valued at approximately $643,000.

Other institutional investors have also bought and sold shares of the company. Virtu Financial LLC acquired a new position in Magicjack Vocaltec during the fourth quarter worth $160,000. ARK Investment Management LLC acquired a new position in Magicjack Vocaltec during the fourth quarter worth $314,000. Wolverine Asset Management LLC acquired a new position in Magicjack Vocaltec during the fourth quarter worth $318,000. HGC Investment Management Inc. bought a new stake in Magicjack Vocaltec during the fourth quarter valued at about $423,000. Finally, Mizuho Securities USA LLC bought a new stake in Magicjack Vocaltec during the first quarter valued at about $504,000. 66.07% of the stock is currently owned by hedge funds and other institutional investors.

CALL stock opened at $8.45 on Friday. Magicjack Vocaltec Ltd has a 52-week low of $5.55 and a 52-week high of $8.65. The stock has a market cap of $137.34 million, a price-to-earnings ratio of 8.83 and a beta of 0.67.

Magicjack Vocaltec (NASDAQ:CALL) last released its quarterly earnings results on Friday, March 16th. The technology company reported $0.37 earnings per share (EPS) for the quarter. Magicjack Vocaltec had a net margin of 0.12% and a return on equity of 41.41%. The company had revenue of $20.76 million during the quarter.

Separately, ValuEngine cut shares of Magicjack Vocaltec from a “strong-buy” rating to a “buy” rating in a report on Monday, April 2nd.

About Magicjack Vocaltec

magicJack VocalTec Ltd., together with its subsidiaries, operates as a cloud communications company in the United States. The company's products and services allow users to make and/or receive free telephone calls to and from where the customer has broadband access to the Internet. It provides magicJack devices, such as The magicJack, magicJack PLUS, New magicJack PLUS, magicJack GO, and magicJack EXPRESS, which are voice-over-Internet-Protocol (VoIP) devices that enables customers to receive free VoIP phone service for their home, enterprise, or while traveling.

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Institutional Ownership by Quarter for Magicjack Vocaltec (NASDAQ:CALL)

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