Insider Buying: Concurrent Computer Corp (CCUR) Major Shareholder Acquires 6,917 Shares of Stock

Concurrent Computer Corp (NASDAQ:CCUR) major shareholder Julian D. Singer bought 6,917 shares of the business’s stock in a transaction dated Friday, January 5th. The stock was acquired at an average cost of $5.80 per share, for a total transaction of $40,118.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Concurrent Computer Corp (CCUR) opened at $5.69 on Thursday. The firm has a market cap of $56.79, a price-to-earnings ratio of 1.75 and a beta of 0.37. Concurrent Computer Corp has a 1 year low of $4.63 and a 1 year high of $7.10.

Concurrent Computer (NASDAQ:CCUR) last released its quarterly earnings data on Monday, November 13th. The technology company reported ($0.11) EPS for the quarter. Concurrent Computer had a negative return on equity of 12.99% and a net margin of 65.52%. The business had revenue of $7.87 million during the quarter.

The company also recently announced a quarterly dividend, which was paid on Thursday, December 28th. Investors of record on Thursday, December 14th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 8.44%. The ex-dividend date was Wednesday, December 13th. Concurrent Computer’s payout ratio is 14.77%.

A hedge fund recently bought a new stake in Concurrent Computer stock. Bard Associates Inc. bought a new position in shares of Concurrent Computer Corp (NASDAQ:CCUR) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 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.

TRADEMARK VIOLATION WARNING: This piece of content was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of United States and international copyright legislation. The legal version of this piece of content can be read at https://www.dispatchtribunal.com/2018/01/18/concurrent-computer-corp-ccur-major-shareholder-purchases-40118-60-in-stock.html.

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.

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

Receive News & Ratings for Concurrent Computer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Concurrent Computer and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply