Concurrent Computer Corp (NASDAQ:CCUR) major shareholder Julian D. Singer purchased 6,917 shares of the firm’s stock in a transaction on Friday, January 5th. The stock was bought at an average price of $5.80 per share, for a total transaction of $40,118.60. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of Concurrent Computer Corp (NASDAQ:CCUR) traded up $0.07 during mid-day trading on Friday, reaching $5.79. 25,111 shares of the company’s stock traded hands, compared to its average volume of 25,644. The stock has a market cap of $56.59 and a PE ratio of 1.78. Concurrent Computer Corp has a 1-year low of $4.63 and a 1-year high of $7.10.
Concurrent Computer (NASDAQ:CCUR) last announced its quarterly earnings results on Monday, November 13th. The technology company reported ($0.11) EPS for the quarter. The company had revenue of $7.87 million during the quarter. Concurrent Computer had a negative return on equity of 12.99% and a net margin of 65.52%.
A hedge fund recently bought a new stake in Concurrent Computer stock. Bard Associates Inc. purchased a new position in Concurrent Computer Corp (NASDAQ:CCUR) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 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 SEC filing. 30.54% of the stock is currently owned by hedge funds and other institutional investors.
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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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