RADCOM (NASDAQ:RDCM) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of RADCOM (NASDAQ:RDCM) in a research report report published on Tuesday. The firm issued a buy rating on the technology company’s stock.

Separately, Needham & Company LLC raised shares of RADCOM from a hold rating to a buy rating and set a $14.00 price target on the stock in a report on Thursday, January 25th.

RADCOM Stock Performance

Shares of RDCM stock opened at $9.57 on Tuesday. RADCOM has a fifty-two week low of $7.52 and a fifty-two week high of $12.10. The company has a market capitalization of $148.05 million, a P/E ratio of 39.88 and a beta of 0.76. The stock has a 50 day moving average price of $10.16 and a two-hundred day moving average price of $9.07.

Institutional Trading of RADCOM

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RDCM. Acadian Asset Management LLC grew its stake in shares of RADCOM by 39.9% in the third quarter. Acadian Asset Management LLC now owns 65,524 shares of the technology company’s stock worth $555,000 after acquiring an additional 18,681 shares during the last quarter. Janney Montgomery Scott LLC grew its position in RADCOM by 18.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 114,181 shares of the technology company’s stock valued at $992,000 after purchasing an additional 18,100 shares during the last quarter. P.A.W. Capital Corp increased its stake in RADCOM by 56.3% during the 4th quarter. P.A.W. Capital Corp now owns 250,000 shares of the technology company’s stock valued at $2,015,000 after purchasing an additional 90,000 shares in the last quarter. Inflection Point Investments LLP purchased a new position in RADCOM in the fourth quarter worth about $4,883,000. Finally, AWM Investment Company Inc. lifted its stake in shares of RADCOM by 9.2% in the third quarter. AWM Investment Company Inc. now owns 753,929 shares of the technology company’s stock worth $6,552,000 after buying an additional 63,622 shares in the last quarter. Hedge funds and other institutional investors own 48.32% of the company’s stock.

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.