Paradigm Capital Management Inc. NY lowered its holdings in RadiSys Corporation (NASDAQ:RSYS) by 44.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,625,406 shares of the technology company’s stock after selling 1,315,039 shares during the period. Paradigm Capital Management Inc. NY owned about 4.16% of RadiSys Corporation worth $2,227,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Moors & Cabot Inc. grew its stake in shares of RadiSys Corporation by 0.4% in the 2nd quarter. Moors & Cabot Inc. now owns 47,900 shares of the technology company’s stock worth $183,000 after purchasing an additional 200 shares during the last quarter. State Street Corp boosted its holdings in shares of RadiSys Corporation by 10.1% in the second quarter. State Street Corp now owns 517,315 shares of the technology company’s stock worth $1,946,000 after buying an additional 47,538 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of RadiSys Corporation by 3.3% in the second quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock worth $5,785,000 after buying an additional 49,835 shares during the period. S Squared Technology LLC boosted its holdings in shares of RadiSys Corporation by 34.7% in the second quarter. S Squared Technology LLC now owns 413,402 shares of the technology company’s stock worth $1,554,000 after buying an additional 106,500 shares during the period. Finally, Royce & Associates LP boosted its holdings in shares of RadiSys Corporation by 0.7% in the second quarter. Royce & Associates LP now owns 763,157 shares of the technology company’s stock worth $2,869,000 after buying an additional 5,000 shares during the period. 52.85% of the stock is currently owned by institutional investors.

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RadiSys Corporation (NASDAQ:RSYS) traded up $0.08 during mid-day trading on Monday, hitting $0.75. 1,632,000 shares of the company traded hands, compared to its average volume of 284,027. RadiSys Corporation has a twelve month low of $0.63 and a twelve month high of $5.26.

RadiSys Corporation (NASDAQ:RSYS) last posted its quarterly earnings results on Tuesday, November 7th. The technology company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.16). The company had revenue of $28.80 million for the quarter, compared to analyst estimates of $28.11 million. RadiSys Corporation had a negative return on equity of 47.11% and a negative net margin of 26.07%. The business’s revenue for the quarter was down 48.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.07 earnings per share. analysts anticipate that RadiSys Corporation will post -0.59 EPS for the current year.

Several brokerages have commented on RSYS. Lake Street Capital reiterated a “buy” rating and issued a $3.00 target price (down from $4.50) on shares of RadiSys Corporation in a report on Wednesday, August 2nd. Jefferies Group LLC reiterated a “buy” rating and issued a $6.25 target price (down from $6.75) on shares of RadiSys Corporation in a report on Tuesday, July 25th. Roth Capital set a $6.00 target price on shares of RadiSys Corporation and gave the stock a “buy” rating in a report on Friday, July 28th. DA Davidson reiterated a “buy” rating and issued a $3.50 target price on shares of RadiSys Corporation in a report on Friday, September 8th. Finally, Zacks Investment Research upgraded shares of RadiSys Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $3.60.

About RadiSys Corporation

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.

Institutional Ownership by Quarter for RadiSys Corporation (NASDAQ:RSYS)

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