Yelin Lapidot Holdings Management Ltd. Sells 75,585 Shares of Radcom Ltd. $RDCM

Yelin Lapidot Holdings Management Ltd. lessened its holdings in shares of Radcom Ltd. (NASDAQ:RDCM) by 15.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 416,790 shares of the technology company’s stock after selling 75,585 shares during the quarter. Radcom comprises 1.1% of Yelin Lapidot Holdings Management Ltd.’s portfolio, making the stock its 23rd biggest holding. Yelin Lapidot Holdings Management Ltd. owned 2.54% of Radcom worth $5,452,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RDCM. Marshall Wace LLP raised its stake in Radcom by 20.5% during the 2nd quarter. Marshall Wace LLP now owns 110,127 shares of the technology company’s stock valued at $1,497,000 after purchasing an additional 18,708 shares during the period. Jump Financial LLC bought a new stake in Radcom in the 2nd quarter worth approximately $165,000. Raymond James Financial Inc. bought a new stake in Radcom in the 2nd quarter worth approximately $34,000. Lazard Asset Management LLC increased its stake in Radcom by 171.1% in the 2nd quarter. Lazard Asset Management LLC now owns 8,136 shares of the technology company’s stock worth $110,000 after acquiring an additional 5,135 shares during the last quarter. Finally, New York State Common Retirement Fund bought a new stake in Radcom in the 3rd quarter worth approximately $76,000. Institutional investors own 48.32% of the company’s stock.

Analyst Upgrades and Downgrades

RDCM has been the topic of a number of research reports. Wall Street Zen downgraded Radcom from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. Needham & Company LLC reaffirmed a “buy” rating and issued a $18.00 price objective on shares of Radcom in a research note on Wednesday, February 11th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Radcom currently has an average rating of “Moderate Buy” and an average target price of $18.00.

Radcom Price Performance

NASDAQ:RDCM opened at $15.99 on Friday. Radcom Ltd. has a 1 year low of $10.41 and a 1 year high of $16.74. The stock’s 50 day simple moving average is $12.97 and its two-hundred day simple moving average is $12.83. The company has a market cap of $267.67 million, a price-to-earnings ratio of 22.21 and a beta of 0.75.

Radcom (NASDAQ:RDCM) last released its quarterly earnings data on Thursday, February 12th. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.08. The business had revenue of $18.86 million for the quarter, compared to the consensus estimate of $18.46 million. Radcom had a return on equity of 11.53% and a net margin of 16.77%. As a group, analysts anticipate that Radcom Ltd. will post 0.84 EPS for the current year.

About Radcom

Radcom Ltd. (NASDAQ: RDCM) is a provider of cloud-based service assurance and analytics solutions designed to help communications service providers monitor and optimize the performance of their networks. Its flagship product, RADCOM ACE, delivers real-time visibility into service quality, subscriber experience and network resource utilization across traditional and virtualized architectures. By combining packet-level data collection with advanced analytics and machine-learning algorithms, Radcom enables carriers to detect, troubleshoot and resolve network and service issues before they impact end users.

Founded in 1991 and headquartered in Tel Aviv, Israel, Radcom has evolved from an early vendor of network testing equipment into a specialist in end-to-end assurance for voice, data, video and next-generation services.