RADCOM Ltd. (NASDAQ:RDCM) Short Interest Down 39.2% in April

RADCOM Ltd. (NASDAQ:RDCM - Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 13,800 shares, a decrease of 39.2% from the March 31st total of 22,700 shares. Based on an average daily trading volume, of 47,800 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company's shares are short sold.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on RDCM. Needham & Company LLC upgraded shares of RADCOM from a "hold" rating to a "buy" rating and set a $14.00 price objective on the stock in a report on Thursday, January 25th. StockNews.com began coverage on shares of RADCOM in a report on Monday, February 12th. They issued a "buy" rating on the stock.

Institutional Investors Weigh In On RADCOM

Large investors have recently bought and sold shares of the company. Acadian Asset Management LLC increased its position in shares of RADCOM by 39.9% during the third quarter. Acadian Asset Management LLC now owns 65,524 shares of the technology company's stock worth $555,000 after acquiring an additional 18,681 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in RADCOM by 18.8% during the third quarter. Janney Montgomery Scott LLC now owns 114,181 shares of the technology company's stock worth $992,000 after acquiring an additional 18,100 shares in the last quarter. P.A.W. Capital Corp boosted its position in RADCOM by 56.3% during the fourth quarter. P.A.W. Capital Corp now owns 250,000 shares of the technology company's stock valued at $2,015,000 after purchasing an additional 90,000 shares during the last quarter. Inflection Point Investments LLP bought a new position in RADCOM in the fourth quarter valued at approximately $4,883,000. Finally, AWM Investment Company Inc. increased its position in shares of RADCOM by 9.2% during the 3rd quarter. AWM Investment Company Inc. now owns 753,929 shares of the technology company's stock worth $6,552,000 after purchasing an additional 63,622 shares during the last quarter. Institutional investors own 48.32% of the company's stock.

RADCOM Stock Performance

NASDAQ:RDCM remained flat at $8.66 during trading hours on Friday. 32,515 shares of the company's stock traded hands, compared to its average volume of 34,900. RADCOM has a 1 year low of $7.52 and a 1 year high of $12.10. The stock has a market cap of $133.97 million, a P/E ratio of 36.08 and a beta of 0.73. The firm has a 50 day moving average price of $10.27 and a 200 day moving average price of $9.03.

RADCOM (NASDAQ:RDCM - Get Free Report) last issued its earnings results on Wednesday, January 31st. The technology company reported $0.17 EPS for the quarter. RADCOM had a net margin of 7.20% and a return on equity of 5.20%. The firm had revenue of $14.01 million during the quarter, compared to the consensus estimate of $13.50 million. As a group, sell-side analysts expect that RADCOM will post 0.37 EPS for the current fiscal year.

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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