Shares of Radcom Ltd. (NASDAQ:RDCM) have earned a consensus rating of “Hold” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $27.00.

A number of equities analysts have recently weighed in on RDCM shares. ValuEngine downgraded shares of Radcom from a “hold” rating to a “sell” rating in a research note on Monday. Zacks Investment Research downgraded shares of Radcom from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th. Needham & Company LLC reaffirmed a “buy” rating and issued a $27.00 price target on shares of Radcom in a research note on Wednesday, August 9th. William Blair reaffirmed an “outperform” rating on shares of Radcom in a research note on Thursday, June 8th. Finally, BidaskClub raised shares of Radcom from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th.

A number of institutional investors have recently bought and sold shares of the company. ETF Managers Group LLC acquired a new position in Radcom during the second quarter valued at approximately $101,000. Malaga Cove Capital LLC increased its position in Radcom by 9.1% in the second quarter. Malaga Cove Capital LLC now owns 12,000 shares of the technology company’s stock valued at $224,000 after buying an additional 1,000 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Radcom by 0.8% in the second quarter. Goldman Sachs Group Inc. now owns 34,475 shares of the technology company’s stock valued at $667,000 after buying an additional 272 shares during the last quarter. Russell Investments Group Ltd. increased its position in Radcom by 16.4% in the first quarter. Russell Investments Group Ltd. now owns 116,530 shares of the technology company’s stock valued at $2,505,000 after buying an additional 16,457 shares during the last quarter. Finally, Raging Capital Management LLC increased its position in Radcom by 18.5% in the first quarter. Raging Capital Management LLC now owns 576,050 shares of the technology company’s stock valued at $12,385,000 after buying an additional 89,773 shares during the last quarter. 15.03% of the stock is currently owned by hedge funds and other institutional investors.

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Radcom (NASDAQ RDCM) traded down 0.27% during trading on Monday, hitting $18.70. The stock had a trading volume of 55,633 shares. Radcom has a one year low of $16.60 and a one year high of $22.45. The firm’s market cap is $218.58 million. The stock’s 50-day moving average is $20.16 and its 200 day moving average is $19.50.

Radcom (NASDAQ:RDCM) last released its earnings results on Monday, August 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.01. The company had revenue of $8.92 million during the quarter, compared to analyst estimates of $8.68 million. Radcom had a negative return on equity of 2.19% and a negative net margin of 3.90%. The company’s revenue for the quarter was up 23.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.20 earnings per share. Equities analysts anticipate that Radcom will post $0.13 earnings per share for the current year.

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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