Radcom Ltd. $RDCM Shares Sold by P.A.W. Capital Corp

P.A.W. Capital Corp lessened its holdings in Radcom Ltd. (NASDAQ:RDCM) by 14.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 128,320 shares of the technology company’s stock after selling 21,680 shares during the quarter. Radcom accounts for about 3.4% of P.A.W. Capital Corp’s holdings, making the stock its 13th biggest position. P.A.W. Capital Corp owned approximately 0.82% of Radcom worth $1,744,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Corton Capital Inc. purchased a new stake in shares of Radcom in the second quarter valued at approximately $210,000. Trexquant Investment LP acquired a new position in Radcom during the first quarter worth $352,000. Walleye Capital LLC boosted its position in Radcom by 31.6% during the first quarter. Walleye Capital LLC now owns 72,561 shares of the technology company’s stock worth $829,000 after purchasing an additional 17,431 shares in the last quarter. ARK Investment Management LLC purchased a new position in shares of Radcom in the first quarter valued at $1,575,000. Finally, Worth Venture Partners LLC increased its position in shares of Radcom by 25.6% in the first quarter. Worth Venture Partners LLC now owns 179,343 shares of the technology company’s stock valued at $2,050,000 after buying an additional 36,503 shares in the last quarter. 48.32% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on RDCM. Wall Street Zen cut shares of Radcom from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Radcom in a report on Wednesday, October 8th. Finally, Needham & Company LLC reissued a “buy” rating and set a $18.00 price objective on shares of Radcom in a research note on Thursday, November 13th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $18.00.

Radcom Trading Down 0.9%

NASDAQ:RDCM opened at $12.67 on Wednesday. Radcom Ltd. has a 12-month low of $9.88 and a 12-month high of $15.98. The firm has a market cap of $207.86 million, a price-to-earnings ratio of 21.85 and a beta of 0.65. The company’s 50-day moving average is $13.82 and its two-hundred day moving average is $13.40.

Radcom Company Profile

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.