Value Base Ltd. Has $11.76 Million Stake in Radcom Ltd. $RDCM

Key Points

• Value Base Ltd. increased its stake in Radcom Ltd. by 3.5% during Q2, now owning 865,009 shares valued at approximately $11.76 million, representing 6.7% of its total holdings.
• Institutional investors collectively hold 48.32% of Radcom's stock, with notable increases in holdings from multiple firms during the first quarter.
• Radcom's stock has received mixed ratings from analysts, with a recent downgrade to a "buy" rating, and a consensus target price of $18.00.

Value Base Ltd. boosted its stake in Radcom Ltd. (NASDAQ:RDCM - Free Report) by 3.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 865,009 shares of the technology company's stock after purchasing an additional 29,275 shares during the quarter. Radcom comprises approximately 6.7% of Value Base Ltd.'s holdings, making the stock its 6th largest holding. Value Base Ltd. owned 5.52% of Radcom worth $11,755,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Trexquant Investment LP bought a new position in shares of Radcom during the 1st quarter valued at approximately $352,000. Walleye Capital LLC grew its stake in shares of Radcom by 31.6% in the 1st quarter. Walleye Capital LLC now owns 72,561 shares of the technology company's stock worth $829,000 after buying an additional 17,431 shares in the last quarter. ARK Investment Management LLC bought a new stake in shares of Radcom in the 1st quarter worth about $1,575,000. Worth Venture Partners LLC raised its position 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 valued at $2,050,000 after buying an additional 36,503 shares in the last quarter. Finally, Acuitas Investments LLC grew its position in Radcom by 21.4% in the first quarter. Acuitas Investments LLC now owns 222,725 shares of the technology company's stock worth $2,546,000 after acquiring an additional 39,227 shares in the last quarter. Institutional investors own 48.32% of the company's stock.

Analyst Upgrades and Downgrades

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

Radcom Trading Up 1.2%

Shares of RDCM opened at $13.84 on Friday. The firm has a fifty day moving average price of $13.84 and a 200-day moving average price of $13.08. The firm has a market capitalization of $216.76 million, a P/E ratio of 23.86 and a beta of 0.69. Radcom Ltd. has a 12-month low of $9.81 and a 12-month high of $15.98.

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.

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