RadiSys Co. (RSYS) CFO Purchases $20,750.00 in Stock

RadiSys Co. (NASDAQ:RSYS) CFO Jonathan Wilson purchased 25,000 shares of the stock in a transaction dated Wednesday, February 14th. The stock was acquired at an average cost of $0.83 per share, for a total transaction of $20,750.00. Following the transaction, the chief financial officer now owns 118,529 shares of the company’s stock, valued at $98,379.07. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

RadiSys Co. (NASDAQ:RSYS) traded up $0.03 during trading on Wednesday, reaching $0.84. 995,211 shares of the company were exchanged, compared to its average volume of 1,101,104. The company has a market cap of $33.14, a price-to-earnings ratio of -0.63 and a beta of 0.79. RadiSys Co. has a twelve month low of $0.63 and a twelve month high of $4.39.

RadiSys (NASDAQ:RSYS) last posted its earnings results on Wednesday, February 7th. The technology company reported ($0.01) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.05. The business had revenue of $32.30 million for the quarter, compared to analyst estimates of $31.09 million. RadiSys had a negative net margin of 39.33% and a negative return on equity of 56.68%. RadiSys’s revenue was down 20.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.04 EPS. analysts forecast that RadiSys Co. will post -0.26 EPS for the current year.

Several research firms have recently issued reports on RSYS. Zacks Investment Research lowered shares of RadiSys from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 10th. Roth Capital reissued a “buy” rating on shares of RadiSys in a research report on Monday, December 4th. DA Davidson reissued a “buy” rating on shares of RadiSys in a research report on Thursday, February 8th. Finally, ValuEngine raised shares of RadiSys from a “strong sell” rating to a “sell” rating in a research report on Friday, February 2nd. Two investment analysts have rated the stock with a sell rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $3.60.

A number of institutional investors have recently bought and sold shares of RSYS. Rhumbline Advisers increased its holdings in RadiSys by 26.3% during the 2nd quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock worth $155,000 after acquiring an additional 8,575 shares during the period. Two Sigma Advisers LP increased its holdings in RadiSys by 247.7% during the 4th quarter. Two Sigma Advisers LP now owns 186,000 shares of the technology company’s stock worth $187,000 after acquiring an additional 132,500 shares during the period. B. Riley Financial Inc. increased its holdings in RadiSys by 300.0% during the 4th quarter. B. Riley Financial Inc. now owns 200,000 shares of the technology company’s stock worth $201,000 after acquiring an additional 150,000 shares during the period. Two Sigma Investments LP increased its holdings in RadiSys by 76.7% during the 4th quarter. Two Sigma Investments LP now owns 454,623 shares of the technology company’s stock worth $457,000 after acquiring an additional 197,342 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in RadiSys by 19.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 155,665 shares of the technology company’s stock worth $585,000 after acquiring an additional 25,495 shares during the period. 50.88% of the stock is currently owned by institutional investors and hedge funds.

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RadiSys Company Profile

Radisys Corporation (Radisys) is a services acceleration company. The Company’s application aware traffic distribution platforms, real-time media processing products and wireless access technologies enable service providers to virtualize and monetize their networks. The Company’s products and services are organized into two segments: Software-Systems, and Embedded Products and Hardware Services.

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