ETF Managers Group LLC Boosts Position in RADCOM Ltd. (RDCM)

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ETF Managers Group LLC boosted its holdings in RADCOM Ltd. (NASDAQ:RDCM) by 93.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 25,894 shares of the technology company’s stock after buying an additional 12,523 shares during the period. ETF Managers Group LLC owned approximately 0.19% of RADCOM worth $192,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of RDCM. AWM Investment Company Inc. purchased a new position in RADCOM in the third quarter valued at approximately $4,372,000. Taylor Frigon Capital Management LLC raised its holdings in RADCOM by 114.0% in the third quarter. Taylor Frigon Capital Management LLC now owns 224,353 shares of the technology company’s stock valued at $2,523,000 after buying an additional 119,533 shares during the period. Renaissance Technologies LLC raised its holdings in RADCOM by 119.7% in the second quarter. Renaissance Technologies LLC now owns 154,700 shares of the technology company’s stock valued at $3,055,000 after buying an additional 84,300 shares during the period. Senvest Management LLC raised its holdings in RADCOM by 33.9% in the third quarter. Senvest Management LLC now owns 230,290 shares of the technology company’s stock valued at $2,591,000 after buying an additional 58,251 shares during the period. Finally, Laurion Capital Management LP purchased a new position in RADCOM in the third quarter valued at approximately $329,000. Hedge funds and other institutional investors own 25.44% of the company’s stock.

Shares of NASDAQ:RDCM opened at $8.01 on Monday. RADCOM Ltd. has a 52-week low of $6.96 and a 52-week high of $21.80. The company has a market capitalization of $108.40 million, a price-to-earnings ratio of 34.83 and a beta of 0.57.

Several research firms recently commented on RDCM. Zacks Investment Research lowered shares of RADCOM from a “hold” rating to a “sell” rating in a report on Wednesday, October 17th. ValuEngine upgraded shares of RADCOM from a “sell” rating to a “hold” rating in a report on Monday, February 4th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. RADCOM has a consensus rating of “Hold” and an average price target of $10.63.

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RADCOM Company Profile

RADCOM Ltd. provides service assurance and customer experience management solutions for communication service providers (CSPs). Its carrier-grade solutions support mobile and fixed networks, and scale to terabit data bandwidths to enable data analytics. The company offers solutions for virtualized infrastructure and next-generation networks.

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Institutional Ownership by Quarter for RADCOM (NASDAQ:RDCM)

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