magicJack VocalTec Ltd (CALL) Holdings Lifted by Numeric Investors LLC
Numeric Investors LLC raised its position in magicJack VocalTec Ltd (NASDAQ:CALL) by 10.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 509,776 shares of the technology company’s stock after buying an additional 48,300 shares during the period. Numeric Investors LLC owned about 3.16% of magicJack VocalTec worth $3,670,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Emancipation Management LLC increased its holdings in magicJack VocalTec by 320.1% in the second quarter. Emancipation Management LLC now owns 275,422 shares of the technology company’s stock valued at $1,983,000 after buying an additional 209,854 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in magicJack VocalTec by 80.2% in the first quarter. Goldman Sachs Group Inc. now owns 168,639 shares of the technology company’s stock valued at $1,442,000 after buying an additional 75,077 shares in the last quarter. Renaissance Technologies LLC increased its holdings in magicJack VocalTec by 5.5% in the first quarter. Renaissance Technologies LLC now owns 902,636 shares of the technology company’s stock valued at $7,718,000 after buying an additional 46,736 shares in the last quarter. California Public Employees Retirement System increased its holdings in magicJack VocalTec by 14.9% in the first quarter. California Public Employees Retirement System now owns 187,900 shares of the technology company’s stock valued at $1,607,000 after buying an additional 24,300 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its holdings in magicJack VocalTec by 22.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 17,507 shares of the technology company’s stock valued at $150,000 after buying an additional 3,209 shares in the last quarter. 44.62% of the stock is owned by institutional investors.
Shares of magicJack VocalTec Ltd (NASDAQ:CALL) opened at 7.15 on Thursday. The stock’s 50 day moving average is $7.28 and its 200-day moving average is $7.54. The stock’s market cap is $115.21 million. magicJack VocalTec Ltd has a 1-year low of $5.65 and a 1-year high of $8.90.
magicJack VocalTec (NASDAQ:CALL) last released its earnings results on Wednesday, August 9th. The technology company reported $0.18 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.18. magicJack VocalTec had a negative net margin of 23.97% and a positive return on equity of 23.63%. The company had revenue of $22.40 million during the quarter, compared to analysts’ expectations of $21.90 million. During the same quarter last year, the business earned $0.27 EPS. The business’s revenue was down 11.5% on a year-over-year basis. On average, analysts predict that magicJack VocalTec Ltd will post $0.53 EPS for the current fiscal year.
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Separately, TheStreet cut shares of magicJack VocalTec from a “c” rating to a “d” rating in a report on Monday, June 12th.
magicJack VocalTec Company Profile
magicJack VocalTec Ltd. and its subsidiaries is a cloud communications company. The Company provides magicJack devices and other magicJack products and services. The Company also provides additional products and services, which include voice applications on smart phones, as well as the magicJack PLUS, magicJack GO and magicJack EXPRESS, which are updated versions of the magicJack device that have their own central processing unit (CPU) and can connect a regular phone directly to the users broadband modem/router and function as a standalone phone without using a computer.
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