Boston Partners Lowers Position in RADCOM Ltd. (NASDAQ:RDCM)

Boston Partners decreased its stake in shares of RADCOM Ltd. (NASDAQ:RDCM) by 44.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 27,085 shares of the technology company’s stock after selling 21,796 shares during the quarter. Boston Partners’ holdings in RADCOM were worth $335,000 at the end of the most recent quarter.

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

RADCOM Stock Performance

Shares of NASDAQ RDCM opened at $12.18 on Monday. RADCOM Ltd. has a fifty-two week low of $8.52 and a fifty-two week high of $15.98. The company has a market cap of $190.76 million, a price-to-earnings ratio of 27.68 and a beta of 0.93. The business’s 50 day moving average price is $12.95 and its 200-day moving average price is $11.71.

RADCOM (NASDAQ:RDCM) last released its earnings results on Wednesday, February 12th. The technology company reported $0.14 earnings per share 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%. Sell-side analysts predict that RADCOM Ltd. will post 0.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

RDCM has been the subject of a number of analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $16.00 price target on shares of RADCOM in a report on Friday, January 17th. StockNews.com downgraded shares of RADCOM from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 19th.

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.