P.A.W. Capital Corp Sells 75,000 Shares of RADCOM Ltd. (NASDAQ:RDCM)

P.A.W. Capital Corp cut its stake in RADCOM Ltd. (NASDAQ:RDCM) by 30.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 175,000 shares of the technology company’s stock after selling 75,000 shares during the quarter. RADCOM makes up 4.1% of P.A.W. Capital Corp’s portfolio, making the stock its 9th biggest holding. P.A.W. Capital Corp owned 1.12% of RADCOM worth $2,163,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of RDCM. Legato Capital Management LLC acquired a new position in shares of RADCOM in the fourth quarter worth $848,000. Acuitas Investments LLC increased its stake 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 worth $2,268,000 after acquiring an additional 32,631 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of RADCOM by 30.2% in the third quarter. Janney Montgomery Scott LLC now owns 304,064 shares of the technology company’s stock worth $3,144,000 after acquiring an additional 70,544 shares during the last quarter. 48.32% of the stock is owned by institutional investors and hedge funds.

RADCOM Trading Down 7.1 %

Shares of NASDAQ:RDCM opened at $12.81 on Friday. The stock has a market capitalization of $200.63 million, a PE ratio of 29.11 and a beta of 0.90. RADCOM Ltd. has a 1 year low of $8.52 and a 1 year high of $15.98. The firm has a fifty day moving average price of $12.98 and a 200 day moving average price of $11.39.

RADCOM (NASDAQ:RDCM) last issued its quarterly earnings data on Wednesday, February 12th. The technology company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.05). RADCOM had a return on equity of 8.18% and a net margin of 11.42%. On average, sell-side analysts forecast that RADCOM Ltd. will post 0.54 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on RDCM. StockNews.com raised shares of RADCOM from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 14th. Needham & Company LLC reiterated a “buy” rating and issued a $16.00 price objective on shares of RADCOM in a report on Friday, January 17th.

About RADCOM

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.