AudioCodes (AUDC) News Today

AudioCodes (NASDAQ:AUDC) will be releasing earnings before the market opens on Tuesday, July 30, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=259389)

AudioCodes Ltd. (NASDAQ:AUDC - Get Free Report) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totalling 136,600 shares, an increase of 20.4% from the June 15th total of 113,500 shares. Currently, 0.6% of the company's stock are sold short. Based on an average daily volume of 67,100 shares, the days-to-cover ratio is currently 2.0 days.

Janney Montgomery Scott LLC trimmed its stake in AudioCodes Ltd. (NASDAQ:AUDC - Free Report) by 70.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 36,602 shares of the communications equipment provider's stock after selling 87,294 shares during the

AudioCodes Ltd. (NASDAQ:AUDC - Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totalling 102,000 shares, an increase of 8.9% from the April 30th total of 93,700 shares. Based on an average daily volume of 63,300 shares, the short-interest ratio is presently 1.6 days. Currently, 0.5% of the company's stock are short sold.

Assenagon Asset Management S.A. purchased a new position in AudioCodes Ltd. (NASDAQ:AUDC - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 125,445 shares of the communi

Needham & Company LLC decreased their price objective on shares of AudioCodes from $18.00 to $14.00 and set a "buy" rating for the company in a research note on Thursday.

Barclays dropped their price target on shares of AudioCodes from $12.00 to $10.00 and set an "underweight" rating for the company in a research report on Wednesday.

AudioCodes (NASDAQ:AUDC) updated its FY 2024 earnings guidance. The company provided EPS guidance of 0.850-1.000 for the period, compared to the consensus estimate of 1.070. The company also issued revenue guidance of $240.0 millionillion-$250.0 millionillion, compared to the consensus estimate of $259.0 millionillion.

StockNews.com raised shares of AudioCodes from a "buy" rating to a "strong-buy" rating in a report on Tuesday.

AudioCodes Ltd. (NASDAQ:AUDC - Get Free Report) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 96,200 shares, a decrease of 7.4% from the March 31st total of 103,900 shares. Based on an average daily trading volume, of 74,800 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.4% of the company's shares are short sold.

AudioCodes Ltd. (NASDAQ:AUDC - Get Free Report) saw a significant drop in short interest in February. As of February 29th, there was short interest totalling 120,300 shares, a drop of 15.4% from the February 14th total of 142,200 shares. Based on an average trading volume of 102,200 shares, the short-interest ratio is currently 1.2 days. Approximately 0.6% of the company's shares are short sold.

Phoenix Holdings Ltd. trimmed its stake in shares of AudioCodes Ltd. (NASDAQ:AUDC - Free Report) by 81.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 147,000 shares of the communications equipment prov

Acadian Asset Management LLC lifted its position in AudioCodes Ltd. (NASDAQ:AUDC - Free Report) by 9.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,106,660 shares of the communica

Janney Montgomery Scott LLC acquired a new position in AudioCodes Ltd. (NASDAQ:AUDC - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 123,896 shares of the communications equipment provider's stock, valu

Phoenix Holdings Ltd. decreased its position in AudioCodes Ltd. (NASDAQ:AUDC - Free Report) by 81.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 147,000 shares of the communications equipment provider's stock after selling 662,236 shares during the p

Anchor Capital Advisors LLC acquired a new position in AudioCodes Ltd. (NASDAQ:AUDC - Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 51,394 shares of the communications equipment provider

AudioCodes Ltd. (NASDAQ:AUDC - Get Free Report) was the recipient of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 132,800 shares, a decrease of 34.2% from the January 15th total of 201,900 shares. Based on an average trading volume of 123,500 shares, the short-interest ratio is presently 1.1 days. Approximately 0.6% of the shares of the company are short sold.

Barclays lifted their price objective on AudioCodes from $10.00 to $12.00 and gave the stock an "underweight" rating in a report on Wednesday.

Needham & Company LLC upped their target price on shares of AudioCodes from $16.00 to $18.00 and gave the stock a "buy" rating in a research note on Tuesday.