Radcom Ltd. (NASDAQ:RDCM - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.65 and traded as high as $13.81. Radcom shares last traded at $13.21, with a volume of 11,355 shares changing hands.
Wall Street Analyst Weigh In
Several research firms recently issued reports on RDCM. Wall Street Zen raised Radcom from a "buy" rating to a "strong-buy" rating in a research note on Friday, May 16th. Needham & Company LLC lifted their price target on Radcom from $17.00 to $18.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th.
Get Our Latest Research Report on Radcom
Radcom Stock Up 1.5%
The stock has a market capitalization of $203.45 million, a P/E ratio of 24.06 and a beta of 0.74. The firm has a 50-day moving average of $13.24 and a 200 day moving average of $12.63.
Institutional Trading of Radcom
Large investors have recently bought and sold shares of the business. ARK Investment Management LLC purchased a new position in shares of Radcom during the 1st quarter worth $1,575,000. Walleye Capital LLC purchased a new position in shares of Radcom in the 4th quarter worth approximately $681,000. Acuitas Investments LLC lifted its stake in Radcom by 21.4% during the 1st quarter. Acuitas Investments LLC now owns 222,725 shares of the technology company's stock valued at $2,546,000 after acquiring an additional 39,227 shares during the period. Acadian Asset Management LLC raised its position in shares of Radcom by 13.3% in the second quarter. Acadian Asset Management LLC now owns 326,110 shares of the technology company's stock worth $4,406,000 after acquiring an additional 38,284 shares during the period. Finally, Worth Venture Partners LLC lifted its stake in Radcom by 25.6% in the 1st quarter. Worth Venture Partners LLC now owns 179,343 shares of the technology company's stock worth $2,050,000 after purchasing an additional 36,503 shares in the last quarter. 48.32% of the stock is currently owned by institutional investors and hedge funds.
Radcom Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Radcom, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Radcom wasn't on the list.
While Radcom currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.