AWM Investment Company Inc. Invests $4.37 Million in RADCOM Ltd. (RDCM) Stock

AWM Investment Company Inc. acquired a new stake in RADCOM Ltd. (NASDAQ:RDCM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 388,662 shares of the technology company’s stock, valued at approximately $4,372,000.

A number of other large investors have also recently modified their holdings of RDCM. Taylor Frigon Capital Management LLC grew its holdings in RADCOM by 114.0% during the 3rd quarter. Taylor Frigon Capital Management LLC now owns 224,353 shares of the technology company’s stock valued at $2,523,000 after purchasing an additional 119,533 shares during the last quarter. Malaga Cove Capital LLC grew its stake in RADCOM by 29.6% in the 3rd quarter. Malaga Cove Capital LLC now owns 48,606 shares of the technology company’s stock worth $552,000 after acquiring an additional 11,100 shares in the last quarter. Northern Trust Corp bought a new position in RADCOM in the 2nd quarter worth about $104,000. Finally, Renaissance Technologies LLC grew its stake in RADCOM by 119.7% in the 2nd quarter. Renaissance Technologies LLC now owns 154,700 shares of the technology company’s stock worth $3,055,000 after acquiring an additional 84,300 shares in the last quarter. 29.27% of the stock is owned by institutional investors.

Shares of RDCM stock opened at $8.39 on Friday. The stock has a market capitalization of $117.06 million, a price-to-earnings ratio of 36.48 and a beta of 0.34. RADCOM Ltd. has a one year low of $8.16 and a one year high of $21.80.

RADCOM (NASDAQ:RDCM) last issued its earnings results on Wednesday, November 7th. The technology company reported $0.05 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.11) by $0.16. The business had revenue of $8.52 million for the quarter, compared to the consensus estimate of $10.70 million. RADCOM had a net margin of 9.76% and a return on equity of 4.99%. On average, sell-side analysts anticipate that RADCOM Ltd. will post -0.21 earnings per share for the current fiscal year.

A number of equities analysts have commented on RDCM shares. Zacks Investment Research upgraded shares of RADCOM from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a research note on Saturday, August 11th. ValuEngine upgraded shares of RADCOM from a “hold” rating to a “buy” rating in a research note on Friday, August 10th. Needham & Company LLC dropped their target price on shares of RADCOM from $27.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, September 19th. TheStreet downgraded shares of RADCOM from a “b-” rating to a “c” rating in a research note on Monday, September 17th. Finally, William Blair restated an “outperform” rating on shares of RADCOM in a research note on Friday, September 14th. Three investment analysts have rated the stock with a sell rating and two have issued a buy rating to the stock. RADCOM presently has a consensus rating of “Hold” and a consensus target price of $17.00.

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RADCOM Company Profile

RADCOM Ltd. provides service assurance and customer experience management solutions for communication service providers (CSPs). Its carrier-grade solutions support mobile and fixed networks, and scale to terabit data bandwidths to enable data analytics. The company offers solutions for virtualized infrastructure and next-generation networks.

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Institutional Ownership by Quarter for RADCOM (NASDAQ:RDCM)

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