Concurrent Computer Corporation (CCUR) Major Shareholder Julian D. Singer Buys 66,040 Shares
Concurrent Computer Corporation (NASDAQ:CCUR) major shareholder Julian D. Singer purchased 66,040 shares of Concurrent Computer Corporation stock in a transaction that occurred on Monday, October 16th. The stock was bought at an average cost of $6.22 per share, with a total value of $410,768.80. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Concurrent Computer Corporation (CCUR) traded up 3.66% during midday trading on Wednesday, reaching $6.52. 95,422 shares of the company were exchanged. Concurrent Computer Corporation has a 52-week low of $4.63 and a 52-week high of $7.10. The company has a market capitalization of $61.11 million, a PE ratio of 2.13 and a beta of 0.26. The stock’s 50-day moving average price is $6.02 and its 200-day moving average price is $6.11.
Concurrent Computer Corporation (NASDAQ:CCUR) last posted its quarterly earnings data on Thursday, September 7th. The technology company reported ($0.10) EPS for the quarter. Concurrent Computer Corporation had a net margin of 55.12% and a negative return on equity of 25.04%. The company had revenue of $7.85 million for the quarter. Analysts anticipate that Concurrent Computer Corporation will post $0.33 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 26th. Shareholders of record on Tuesday, September 12th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, September 11th. This represents a $0.48 dividend on an annualized basis and a yield of 7.36%. Concurrent Computer Corporation’s dividend payout ratio (DPR) is 15.79%.
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An institutional investor recently bought a new position in Concurrent Computer Corporation stock. Algert Global LLC acquired a new stake in shares of Concurrent Computer Corporation (NASDAQ:CCUR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 54,329 shares of the technology company’s stock, valued at approximately $361,000. Algert Global LLC owned about 0.59% of Concurrent Computer Corporation at the end of the most recent reporting period. 31.13% of the stock is owned by institutional investors and hedge funds.
Concurrent Computer Corporation Company Profile
Concurrent Computer Corporation is a software and solutions company that develops applications on storage technologies. The Company’s operates through content delivery segment, which include software, hardware and services for streaming video content to various consumer devices and storing and managing content in the network.
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