Insider Buying: Beamr Imaging (NASDAQ:BMR) CEO Acquires $105,792.00 in Stock

Beamr Imaging Ltd. (NASDAQ:BMR) CEO Sharon Carmel purchased 82,650 shares of the firm’s stock in a transaction dated Wednesday, July 22nd. The shares were bought at an average price of $1.28 per share, with a total value of $105,792.00. Following the purchase, the chief executive officer owned 3,650,840 shares in the company, valued at $4,673,075.20. This represents a 2.32% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Beamr Imaging Stock Performance

BMR traded down $0.06 during trading on Tuesday, hitting $1.23. The stock had a trading volume of 20,005 shares, compared to its average volume of 111,445. Beamr Imaging Ltd. has a 12 month low of $1.06 and a 12 month high of $3.85. The company has a 50 day simple moving average of $1.57 and a 200-day simple moving average of $1.70.

Institutional Investors Weigh In On Beamr Imaging

A number of institutional investors have recently added to or reduced their stakes in BMR. Two Sigma Investments LP acquired a new position in Beamr Imaging in the 3rd quarter valued at approximately $33,000. Renaissance Technologies LLC boosted its stake in shares of Beamr Imaging by 56.2% in the 4th quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock valued at $65,000 after purchasing an additional 15,000 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Beamr Imaging in the 1st quarter valued at $84,000. Finally, Susquehanna International Group LLP grew its holdings in shares of Beamr Imaging by 15.2% in the 3rd quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock worth $176,000 after purchasing an additional 7,600 shares during the last quarter. 0.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Beamr Imaging in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Beamr Imaging presently has a consensus rating of “Sell”.

About Beamr Imaging

Beamr Imaging (NASDAQ: BMR) is a technology company specializing in perceptual image and video compression solutions. The company develops software encoders and cloud-based optimization tools that reduce file sizes while preserving visual quality. Its proprietary technology analyzes visual data in accordance with human perception, allowing media providers to deliver high-resolution content with lower bandwidth consumption.

Beamr’s product suite includes an image optimization SDK, a video encoder that supports multiple codecs, and an API for cloud integration.