RADCOM (NASDAQ:RDCM) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of RADCOM (NASDAQ:RDCMFree Report) in a research note issued to investors on Monday morning. The brokerage issued a buy rating on the technology company’s stock.

Separately, Needham & Company LLC raised RADCOM from a hold rating to a buy rating and set a $14.00 price objective for the company in a research note on Thursday, January 25th.

Get Our Latest Report on RDCM

RADCOM Trading Down 4.8 %

Shares of NASDAQ RDCM opened at $10.03 on Monday. The company has a market cap of $147.84 million, a price-to-earnings ratio of 41.79 and a beta of 0.72. RADCOM has a 12 month low of $7.52 and a 12 month high of $10.94. The stock has a 50-day moving average price of $8.51 and a two-hundred day moving average price of $8.55.

Institutional Trading of RADCOM

Several institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its holdings in RADCOM by 114.2% in the first quarter. JPMorgan Chase & Co. now owns 3,547 shares of the technology company’s stock valued at $46,000 after acquiring an additional 1,891 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of RADCOM by 4.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 96,081 shares of the technology company’s stock worth $909,000 after buying an additional 3,700 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in shares of RADCOM by 17.9% during the 2nd quarter. Acadian Asset Management LLC now owns 46,843 shares of the technology company’s stock worth $430,000 after buying an additional 7,098 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in shares of RADCOM by 4.9% during the 1st quarter. Renaissance Technologies LLC now owns 163,333 shares of the technology company’s stock worth $1,646,000 after buying an additional 7,700 shares in the last quarter. Finally, Millennium Management LLC bought a new position in shares of RADCOM during the 2nd quarter worth approximately $123,000. 34.06% of the stock is currently owned by institutional investors.

RADCOM Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for RADCOM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RADCOM and related companies with MarketBeat.com's FREE daily email newsletter.