Boston Partners Sells 21,796 Shares of RADCOM Ltd. (NASDAQ:RDCM)

Boston Partners trimmed its holdings in RADCOM Ltd. (NASDAQ:RDCM) by 44.6% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 27,085 shares of the technology company’s stock after selling 21,796 shares during the quarter. Boston Partners owned about 0.17% of RADCOM worth $335,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of RDCM. Janney Montgomery Scott LLC boosted its holdings in shares of RADCOM by 3.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 313,211 shares of the technology company’s stock valued at $3,871,000 after acquiring an additional 9,147 shares during the last quarter. Legato Capital Management LLC bought a new position in RADCOM during the fourth quarter valued at approximately $848,000. Acuitas Investments LLC boosted its holdings in RADCOM by 21.6% in the fourth quarter. Acuitas Investments LLC now owns 183,498 shares of the technology company’s stock worth $2,268,000 after purchasing an additional 32,631 shares during the last quarter. Finally, Essex Investment Management Co. LLC purchased a new stake in RADCOM in the fourth quarter worth approximately $2,832,000. Hedge funds and other institutional investors own 48.32% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. StockNews.com cut RADCOM from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 19th. Needham & Company LLC reissued a “buy” rating and issued a $16.00 target price on shares of RADCOM in a report on Friday, January 17th.

RADCOM Trading Down 1.3 %

Shares of RDCM stock opened at $12.18 on Monday. RADCOM Ltd. has a 12 month low of $8.52 and a 12 month high of $15.98. The stock has a market cap of $190.76 million, a P/E ratio of 27.68 and a beta of 0.93. The company has a 50 day simple moving average of $12.95 and a two-hundred day simple moving average of $11.71.

RADCOM (NASDAQ:RDCM) last posted its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.05). RADCOM had a return on equity of 8.18% and a net margin of 11.42%. As a group, equities analysts forecast that RADCOM Ltd. will post 0.54 earnings per share for the current year.

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.