Yelin Lapidot Holdings Management Ltd. Sells 72,919 Shares of Radcom Ltd. (NASDAQ:RDCM)

Yelin Lapidot Holdings Management Ltd. decreased its stake in shares of Radcom Ltd. (NASDAQ:RDCM - Free Report) by 12.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 531,303 shares of the technology company's stock after selling 72,919 shares during the period. Radcom comprises about 1.2% of Yelin Lapidot Holdings Management Ltd.'s holdings, making the stock its 24th largest position. Yelin Lapidot Holdings Management Ltd. owned approximately 3.39% of Radcom worth $6,073,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of RDCM. Essex Investment Management Co. LLC purchased a new position in Radcom during the fourth quarter worth about $2,832,000. Value Base Ltd. bought a new position in shares of Radcom during the 4th quarter worth approximately $10,330,000. Prudential Financial Inc. bought a new position in shares of Radcom during the 4th quarter worth approximately $183,000. JPMorgan Chase & Co. boosted its stake in shares of Radcom by 1,433.3% in the 4th quarter. JPMorgan Chase & Co. now owns 4,600 shares of the technology company's stock worth $57,000 after buying an additional 4,300 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Radcom by 6.2% in the fourth quarter. Russell Investments Group Ltd. now owns 110,721 shares of the technology company's stock valued at $1,367,000 after acquiring an additional 6,436 shares in the last quarter. Institutional investors own 48.32% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. Wall Street Zen upgraded 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 report on Thursday, May 15th.

Radcom Stock Up 1.1%

NASDAQ RDCM traded up $0.15 during trading hours on Friday, reaching $13.73. 33,290 shares of the company were exchanged, compared to its average volume of 57,793. The stock has a market capitalization of $214.93 million, a P/E ratio of 25.42 and a beta of 0.73. Radcom Ltd. has a 1 year low of $9.08 and a 1 year high of $15.98. The business's 50 day simple moving average is $12.83 and its 200-day simple moving average is $12.47.

Radcom 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.