Radcom Ltd. (NASDAQ:RDCM) Shares Sold by Yelin Lapidot Holdings Management Ltd.

Yelin Lapidot Holdings Management Ltd. reduced its position in Radcom Ltd. (NASDAQ:RDCM - Free Report) by 12.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 531,303 shares of the technology company's stock after selling 72,919 shares during the quarter. Radcom makes up about 1.2% of Yelin Lapidot Holdings Management Ltd.'s investment portfolio, making the stock its 24th biggest holding. Yelin Lapidot Holdings Management Ltd. owned approximately 3.39% of Radcom worth $6,073,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RDCM. Acuitas Investments LLC raised its holdings in shares of Radcom by 21.4% during the first 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 during the period. Public Employees Retirement System of Ohio acquired a new stake in Radcom during the fourth quarter worth about $31,000. AWM Investment Company Inc. lifted its holdings in Radcom by 2.8% in the fourth quarter. AWM Investment Company Inc. now owns 991,261 shares of the technology company's stock worth $12,252,000 after acquiring an additional 27,394 shares during the last quarter. Millennium Management LLC boosted its stake in Radcom by 171.6% in the fourth quarter. Millennium Management LLC now owns 57,505 shares of the technology company's stock valued at $711,000 after acquiring an additional 36,333 shares during the period. Finally, Citadel Advisors LLC grew its holdings in shares of Radcom by 101.1% during the fourth quarter. Citadel Advisors LLC now owns 39,083 shares of the technology company's stock valued at $483,000 after purchasing an additional 19,653 shares during the last quarter. 48.32% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Wall Street Zen raised Radcom from a "buy" rating to a "strong-buy" rating in a report on Friday, May 16th. Needham & Company LLC raised their target price on Radcom from $17.00 to $18.00 and gave the company a "buy" rating in a research note on Thursday, May 15th.

Radcom Stock Up 1.1%

Radcom stock traded up $0.15 during mid-day trading on Friday, hitting $13.73. 33,290 shares of the company's stock traded hands, compared to its average volume of 57,595. Radcom Ltd. has a one year low of $9.08 and a one year high of $15.98. The firm has a 50 day moving average price of $12.77 and a 200 day moving average price of $12.46. The company has a market cap of $214.96 million, a PE ratio of 25.42 and a beta of 0.73.

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.