Julian D. Singer Purchases 29,687 Shares of Concurrent Computer Corp (CCUR) Stock
Concurrent Computer Corp (NASDAQ:CCUR) major shareholder Julian D. Singer acquired 29,687 shares of the company’s stock in a transaction that occurred on Thursday, December 7th. The stock was bought at an average cost of $6.03 per share, with a total value of $179,012.61. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Concurrent Computer Corp (CCUR) traded up $0.03 during trading hours on Monday, reaching $6.03. 7,600 shares of the company traded hands, compared to its average volume of 32,790. Concurrent Computer Corp has a fifty-two week low of $4.63 and a fifty-two week high of $7.10.
Concurrent Computer (NASDAQ:CCUR) last issued its quarterly earnings data on Monday, November 13th. The technology company reported ($0.11) EPS for the quarter. The company had revenue of $7.87 million during the quarter. Concurrent Computer had a net margin of 65.52% and a negative return on equity of 12.99%.
A hedge fund recently bought a new stake in Concurrent Computer stock. Bard Associates Inc. acquired a new stake in Concurrent Computer Corp (NASDAQ:CCUR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 202,719 shares of the technology company’s stock, valued at approximately $1,348,000. Bard Associates Inc. owned about 2.19% of Concurrent Computer at the end of the most recent reporting period. 30.40% of the stock is currently owned by institutional investors and hedge funds.
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About Concurrent Computer
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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