Concurrent Computer Corp (CCUR) Major Shareholder Purchases $238,636.44 in Stock

Concurrent Computer Corp (NASDAQ:CCUR) major shareholder Julian D. Singer bought 42,462 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was purchased at an average price of $5.62 per share, for a total transaction of $238,636.44. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Concurrent Computer Corp (CCUR) opened at $5.82 on Thursday. Concurrent Computer Corp has a fifty-two week low of $4.63 and a fifty-two week high of $7.10. The firm has a market cap of $57.58, a PE ratio of -7.46 and a beta of 0.37.

Concurrent Computer (NASDAQ:CCUR) last announced its quarterly earnings data 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 for the quarter.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Thursday, December 14th were issued a dividend of $0.12 per share. The ex-dividend date was Wednesday, December 13th. This represents a $0.48 annualized dividend and a dividend yield of 8.25%. Concurrent Computer’s dividend payout ratio is currently -61.54%.

A hedge fund recently bought a new stake in Concurrent Computer stock. Bard Associates Inc. acquired a new position in Concurrent Computer Corp (NASDAQ:CCUR) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 202,719 shares of the technology company’s stock, valued at approximately $1,348,000. Bard Associates Inc. owned approximately 2.19% of Concurrent Computer as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 30.40% of the company’s stock.

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Concurrent Computer 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.

Insider Buying and Selling by Quarter for Concurrent Computer (NASDAQ:CCUR)

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