Concurrent Computer Corp (NASDAQ:CCUR) major shareholder Julian D. Singer bought 12,733 shares of the business’s stock in a transaction on Tuesday, January 9th. The stock was purchased at an average cost of $5.79 per share, for a total transaction of $73,724.07. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of Concurrent Computer Corp (NASDAQ CCUR) traded down $0.04 during midday trading on Wednesday, reaching $5.83. The company’s stock had a trading volume of 25,300 shares, compared to its average volume of 27,483. The stock has a market capitalization of $57.68, a price-to-earnings ratio of -7.47 and a beta of 0.37. Concurrent Computer Corp has a 52 week low of $4.63 and a 52 week high of $7.10.
Concurrent Computer (NASDAQ:CCUR) last announced its earnings results on Monday, November 13th. The technology company reported ($0.11) earnings per share (EPS) for the quarter. The firm 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%.
An institutional investor recently raised its position in Concurrent Computer stock. Foundry Partners LLC grew its holdings in Concurrent Computer Corp (NASDAQ:CCUR) by 8.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 241,365 shares of the technology company’s stock after acquiring an additional 18,525 shares during the period. Foundry Partners LLC owned about 2.58% of Concurrent Computer worth $1,448,000 as of its most recent filing with the Securities & Exchange Commission. 30.40% of the stock is currently owned by institutional investors.
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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.
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