Concurrent Computer Corp (CCUR) Major Shareholder Julian D. Singer Purchases 6,917 Shares

Concurrent Computer Corp (NASDAQ:CCUR) major shareholder Julian D. Singer bought 6,917 shares of the business’s stock in a transaction dated Friday, January 5th. The shares were bought at an average cost of $5.80 per share, with a total value of $40,118.60. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Shares of Concurrent Computer Corp (NASDAQ CCUR) opened at $5.82 on Thursday. The company has a market cap of $57.58, a PE ratio of -7.46 and a beta of 0.37. Concurrent Computer Corp has a one year low of $4.63 and a one year high of $7.10.

Concurrent Computer (NASDAQ:CCUR) last released its earnings results on Monday, November 13th. The technology company reported ($0.11) EPS for the quarter. The company had revenue of $7.87 million for the quarter. Concurrent Computer had a negative return on equity of 12.99% and a net margin of 65.52%.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, December 14th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, December 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.25%. Concurrent Computer’s dividend payout ratio is currently -61.54%.

An institutional investor recently raised its position in Concurrent Computer stock. Foundry Partners LLC lifted its stake in shares of Concurrent Computer Corp (NASDAQ:CCUR) by 8.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 241,365 shares of the technology company’s stock after purchasing an additional 18,525 shares during the period. Foundry Partners LLC owned about 2.58% of Concurrent Computer worth $1,448,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 30.40% of the company’s stock.

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Concurrent Computer Company Profile

Concurrent Computer Corporation is a software and solutions company that develops applications on storage technologies. The Company’s operates through content delivery segment, which include software, hardware and services for streaming video content to various consumer devices and storing and managing content in the network.

Insider Buying and Selling by Quarter for Concurrent Computer (NASDAQ:CCUR)

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