Concurrent Computer Corp (CCUR) Major Shareholder Purchases $110,653.43 in Stock
Concurrent Computer Corp (NASDAQ:CCUR) major shareholder Julian D. Singer bought 19,447 shares of Concurrent Computer stock in a transaction that occurred on Thursday, January 18th. The stock was bought at an average price of $5.69 per share, with a total value of $110,653.43. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Concurrent Computer Corp (NASDAQ CCUR) traded down $0.04 during midday trading on Friday, hitting $5.70. 9,832 shares of the company traded hands, compared to its average volume of 23,741. Concurrent Computer Corp has a twelve month low of $4.63 and a twelve month high of $7.10. The company has a market capitalization of $56.79, a PE ratio of 1.75 and a beta of 0.37.
Concurrent Computer (NASDAQ:CCUR) last released its earnings results on Monday, November 13th. The technology company reported ($0.11) earnings per share for the quarter. Concurrent Computer had a net margin of 65.52% and a negative return on equity of 12.99%. The company had revenue of $7.87 million during the quarter.
A hedge fund recently raised its stake in Concurrent Computer stock. Foundry Partners LLC lifted its stake 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 SEC. The firm owned 241,365 shares of the technology company’s stock after buying an additional 18,525 shares during the period. Foundry Partners LLC owned about 2.58% of Concurrent Computer worth $1,448,000 at the end of the most recent reporting period. Institutional investors own 30.40% of the company’s stock.
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About Concurrent Computer
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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