Inflection Point Investments LLP Sells 40,960 Shares of Radcom Ltd. $RDCM

Key Points

• Inflection Point Investments LLP reduced its stake in Radcom Ltd. by 8.6%, selling 40,960 shares and owning 434,994 shares after the transaction.
• Radcom's current market capitalization is approximately $216.42 million, with a P/E ratio of 23.83 and trading down 2.7% recently.
• Analysts have mixed ratings for Radcom, with one calling it a "buy" and another issuing a "hold" rating, while the stock has an average price target of $18.00.

Inflection Point Investments LLP lowered its stake in shares of Radcom Ltd. (NASDAQ:RDCM - Free Report) by 8.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 434,994 shares of the technology company's stock after selling 40,960 shares during the quarter. Radcom comprises approximately 11.2% of Inflection Point Investments LLP's investment portfolio, making the stock its 4th biggest position. Inflection Point Investments LLP owned about 2.78% of Radcom worth $5,912,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in RDCM. ARK Investment Management LLC acquired a new stake in Radcom during the first quarter worth approximately $1,575,000. Acuitas Investments LLC grew its holdings in shares of Radcom by 21.4% during the 1st quarter. Acuitas Investments LLC now owns 222,725 shares of the technology company's stock worth $2,546,000 after purchasing an additional 39,227 shares in the last quarter. Worth Venture Partners LLC grew its holdings in shares of Radcom by 25.6% during the 1st quarter. Worth Venture Partners LLC now owns 179,343 shares of the technology company's stock worth $2,050,000 after purchasing an additional 36,503 shares in the last quarter. Trexquant Investment LP acquired a new stake in Radcom during the first quarter worth about $352,000. Finally, Acadian Asset Management LLC grew its stake in Radcom by 9.7% during the first quarter. Acadian Asset Management LLC now owns 287,826 shares of the technology company's stock worth $3,265,000 after buying an additional 25,463 shares in the last quarter. Institutional investors and hedge funds own 48.32% of the company's stock.

Radcom Trading Down 2.7%

RDCM opened at $13.82 on Tuesday. The company's 50 day moving average is $13.73 and its 200-day moving average is $12.96. Radcom Ltd. has a 1-year low of $9.81 and a 1-year high of $15.98. The company has a market cap of $216.42 million, a P/E ratio of 23.83 and a beta of 0.69.

Analyst Ratings Changes

A number of equities research analysts have issued reports on RDCM shares. Wall Street Zen downgraded shares of Radcom from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 16th. Weiss Ratings reiterated a "hold (c)" rating on shares of Radcom in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Radcom presently has an average rating of "Moderate Buy" and an average price target of $18.00.

Radcom Company 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.

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