Radcom Ltd. (NASDAQ:RDCM)‘s stock had its “buy” rating restated by stock analysts at William Blair in a report issued on Thursday.

Several other research analysts have also recently weighed in on the stock. Zacks Investment Research raised shares of Radcom from a “sell” rating to a “hold” rating in a research report on Tuesday, April 11th. Needham & Company LLC reissued a “buy” rating and set a $27.00 price target on shares of Radcom in a research report on Wednesday, February 15th. Finally, TheStreet cut shares of Radcom from a “b” rating to a “c” rating in a research report on Wednesday, February 15th.

Radcom (NASDAQ:RDCM) last announced its quarterly earnings results on Thursday, May 4th. The technology company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). The firm had revenue of $8 million for the quarter, compared to analysts’ expectations of $7.43 million. Radcom had a net margin of 2.18% and a return on equity of 2.70%. The company’s revenue was up 23.1% on a year-over-year basis.

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Several hedge funds and other institutional investors have recently made changes to their positions in RDCM. Raging Capital Management LLC boosted its position in shares of Radcom by 120.7% in the fourth quarter. Raging Capital Management LLC now owns 486,277 shares of the technology company’s stock valued at $8,656,000 after buying an additional 265,926 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in shares of Radcom during the fourth quarter valued at $1,791,000. Goldman Sachs Group Inc. purchased a new position in shares of Radcom during the first quarter valued at $735,000. Finally, First Republic Investment Management Inc. boosted its position in shares of Radcom by 114.4% in the fourth quarter. First Republic Investment Management Inc. now owns 30,685 shares of the technology company’s stock valued at $546,000 after buying an additional 16,370 shares during the last quarter. 16.66% of the stock is currently owned by hedge funds and other institutional investors.

About Radcom

RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for communication service providers (CSPs). The Company provides solutions for networks, including long-term evolution (LTE), LTE Advanced (LTE-A), voice over LTE (VoLTE), Internet protocol multimedia subsystem (IMS), Voice over Internet protocol (VoIP), universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband.

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