SuperCom Ltd. (SPCB) Position Increased by Heartland Advisors Inc.
Heartland Advisors Inc. boosted its stake in shares of SuperCom Ltd. (NASDAQ:SPCB) by 1.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,469,690 shares of the company’s stock after buying an additional 24,170 shares during the period. Heartland Advisors Inc. owned 9.78% of SuperCom worth $5,041,000 as of its most recent filing with the SEC.
Separately, Parametric Portfolio Associates LLC raised its position in SuperCom by 1.0% in the second quarter. Parametric Portfolio Associates LLC now owns 166,811 shares of the company’s stock valued at $634,000 after buying an additional 1,611 shares in the last quarter. 24.40% of the stock is owned by institutional investors.
SuperCom Ltd. (NASDAQ:SPCB) traded down 0.35% during midday trading on Monday, reaching $2.87. 807 shares of the company traded hands. The stock’s 50 day moving average is $3.03 and its 200 day moving average is $3.39. The company’s market capitalization is $43.11 million. SuperCom Ltd. has a one year low of $2.44 and a one year high of $8.05.
Several equities analysts have commented on SPCB shares. Zacks Investment Research raised shares of SuperCom from a “sell” rating to a “hold” rating in a report on Wednesday, September 7th. Feltl & Co. downgraded shares of SuperCom from a “buy” rating to a “hold” rating in a research note on Tuesday, November 1st. TheStreet downgraded shares of SuperCom from a “hold” rating to a “sell” rating in a research note on Friday, October 28th. Finally, B. Riley restated a “buy” rating and issued a $4.50 price target on shares of SuperCom in a research note on Saturday, November 5th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $6.75.
SuperCom Company Profile
SuperCom Ltd. (SuperCom) is a global provider of traditional and digital identity solutions, providing safety, identification, tracking and security products to governments and private and public organizations. The Company offers solutions for traditional and biometrics enrollment, personalization, issuance and border control services.
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