AudioCodes (NASDAQ:AUDC) Stock Price Crosses Above 200 Day Moving Average - Here's Why

Key Points

• AudioCodes shares crossed above their 200-day moving average, reaching $10.07 before closing at $9.73, compared with a 200-day average of $9.15.
• The company exceeded quarterly expectations, reporting $0.15 in EPS and $62.96 million in revenue versus estimates of $0.14 and $62.40 million, respectively. Fiscal 2026 EPS guidance is $0.60–$0.75.
• Analyst sentiment remains cautious, with a consensus “Hold” rating, while insiders sold 42,374 shares worth about $420,928 over the past three months; institutional investors own 68.05% of the stock.

AudioCodes Ltd. (NASDAQ:AUDC - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $9.15 and traded as high as $10.07. AudioCodes shares last traded at $9.73, with a volume of 58,363 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on AUDC shares. Wall Street Zen raised AudioCodes from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 27th. Weiss Ratings upgraded AudioCodes from a "hold (c-)" rating to a "hold (c)" rating in a research report on Tuesday, August 4th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, AudioCodes currently has a consensus rating of "Hold".

AudioCodes Price Performance

The firm's fifty day moving average is $9.85 and its two-hundred day moving average is $9.15. The firm has a market cap of $234.98 million, a price-to-earnings ratio of 37.42 and a beta of 0.98.

AudioCodes (NASDAQ:AUDC - Get Free Report) last released its earnings results on Tuesday, August 4th. The communications equipment provider reported $0.15 EPS for the quarter, beating the consensus estimate of $0.14 by $0.01. The firm had revenue of $62.96 million for the quarter, compared to analysts' expectations of $62.40 million. AudioCodes had a net margin of 2.83% and a return on equity of 6.79%. AudioCodes has set its FY 2026 guidance at 0.600-0.750 EPS.

AudioCodes Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, September 3rd. Investors of record on Wednesday, August 19th were paid a dividend of $0.20 per share. This represents a dividend yield of 413.0%. The ex-dividend date was Wednesday, August 19th. AudioCodes's dividend payout ratio (DPR) is currently 153.85%.

Insider Activity at AudioCodes

In other AudioCodes news, Director Zehava Simon sold 27,000 shares of the company's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $9.91, for a total value of $267,570.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Lior Aldema sold 2,812 shares of the company's stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $9.98, for a total value of $28,063.76. Following the completion of the sale, the executive vice president owned 104,065 shares of the company's stock, valued at $1,038,568.70. This trade represents a 2.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 42,374 shares of company stock worth $420,928. 48.80% of the stock is owned by corporate insiders.

Institutional Trading of AudioCodes

A number of hedge funds and other institutional investors have recently modified their holdings of AUDC. Heartland Advisors Inc. lifted its holdings in shares of AudioCodes by 15.8% in the first quarter. Heartland Advisors Inc. now owns 965,734 shares of the communications equipment provider's stock valued at $8,122,000 after buying an additional 131,934 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in AudioCodes by 12.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 740,560 shares of the communications equipment provider's stock worth $6,209,000 after acquiring an additional 82,016 shares during the period. Goldman Sachs Group Inc. raised its position in AudioCodes by 16.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 313,151 shares of the communications equipment provider's stock worth $2,734,000 after acquiring an additional 44,073 shares in the last quarter. Millennium Management LLC raised its position in AudioCodes by 101.6% in the fourth quarter. Millennium Management LLC now owns 284,951 shares of the communications equipment provider's stock worth $2,488,000 after acquiring an additional 143,632 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in AudioCodes by 4.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 262,824 shares of the communications equipment provider's stock valued at $2,295,000 after acquiring an additional 10,056 shares during the last quarter. Institutional investors own 68.05% of the company's stock.

AudioCodes Company Profile

AudioCodes Ltd is a global provider of advanced voice networking and media processing solutions for enterprises and service providers. The company designs and manufactures a comprehensive portfolio of products, including session border controllers (SBCs), media gateways, IP phones, management and monitoring software, and cloud-based communications microservices. Its offerings support a wide range of unified communications (UC) and contact center deployments, enabling secure, high-quality voice connectivity across on-premises, hybrid and cloud environments.

Founded in 1993 and headquartered in Rosh Ha'Ayin, Israel, AudioCodes serves customers in North America, Europe, Asia-Pacific and Latin America.

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