Concurrent Computer Corp (NASDAQ:CCUR) major shareholder Julian D. Singer acquired 19,447 shares of the firm’s stock in a transaction on Thursday, January 18th. The shares were purchased at an average cost of $5.69 per share, for a total transaction of $110,653.43. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of Concurrent Computer Corp (CCUR) traded up $0.05 during trading on Friday, reaching $5.74. 16,200 shares of the company’s stock traded hands, compared to its average volume of 31,900. The company has a market capitalization of $56.29, a PE ratio of 1.77 and a beta of 0.37. Concurrent Computer Corp has a 1 year low of $4.63 and a 1 year high of $7.10.
Concurrent Computer (NASDAQ:CCUR) last issued its quarterly earnings data on Monday, November 13th. The technology company reported ($0.11) earnings per share for the quarter. The firm had revenue of $7.87 million for the quarter. Concurrent Computer had a negative return on equity of 12.99% and a net margin of 65.52%.
An institutional investor recently raised its position in Concurrent Computer stock. Foundry Partners LLC grew its position in shares of Concurrent Computer Corp (NASDAQ:CCUR) by 8.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 241,365 shares of the technology company’s stock after buying an additional 18,525 shares during the quarter. Foundry Partners LLC owned approximately 2.58% of Concurrent Computer worth $1,448,000 as of its most recent filing with the Securities and Exchange Commission. 30.40% of the stock is currently owned by institutional investors and hedge funds.
Concurrent Computer 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.
Receive News & Ratings for Concurrent Computer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Concurrent Computer and related companies with MarketBeat.com's FREE daily email newsletter.