Concurrent Computer Corporation (CCUR) Major Shareholder Purchases $1,784,889.60 in Stock
Concurrent Computer Corporation (NASDAQ:CCUR) major shareholder Julian D. Singer purchased 286,040 shares of the stock in a transaction on Tuesday, October 17th. The stock was bought at an average cost of $6.24 per share, for a total transaction of $1,784,889.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Concurrent Computer Corporation (CCUR) opened at 6.49 on Friday. The firm has a 50-day moving average of $6.04 and a 200 day moving average of $6.15. Concurrent Computer Corporation has a 12-month low of $4.63 and a 12-month high of $7.10. The company has a market capitalization of $60.83 million, a PE ratio of 2.12 and a beta of 0.26.
Concurrent Computer Corporation (NASDAQ:CCUR) last announced its quarterly earnings data on Thursday, September 7th. The technology company reported ($0.10) EPS for the quarter. The company had revenue of $7.85 million during the quarter. Concurrent Computer Corporation had a negative return on equity of 25.04% and a net margin of 55.12%. Analysts forecast that Concurrent Computer Corporation will post $0.33 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 26th. Shareholders of record on Tuesday, September 12th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 7.40%. The ex-dividend date was Monday, September 11th. Concurrent Computer Corporation’s dividend payout ratio is 15.79%.
A hedge fund recently bought a new stake in Concurrent Computer Corporation stock. Bard Associates Inc. acquired a new position in Concurrent Computer Corporation (NASDAQ:CCUR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 202,719 shares of the technology company’s stock, valued at approximately $1,348,000. Bard Associates Inc. owned 2.19% of Concurrent Computer Corporation as of its most recent filing with the Securities & Exchange Commission. 31.13% of the stock is currently owned by institutional investors and hedge funds.
Concurrent Computer Corporation 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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