Beamr Imaging (NASDAQ:BMR) Announces Quarterly Earnings Results

Beamr Imaging (NASDAQ:BMR) announced its quarterly earnings data on Tuesday. The company reported ($0.14) earnings per share for the quarter, FiscalAI reports. The company had revenue of $0.44 million for the quarter.

Beamr Imaging Price Performance

Shares of BMR traded up $0.01 on Tuesday, hitting $1.34. The company’s stock had a trading volume of 17,549 shares, compared to its average volume of 109,376. The firm’s fifty day moving average price is $1.45 and its 200-day moving average price is $1.65. Beamr Imaging has a fifty-two week low of $1.06 and a fifty-two week high of $3.85.

Insider Buying and Selling

In related news, CEO Sharon Carmel bought 82,650 shares of the company’s stock in a transaction on Wednesday, July 22nd. The shares were purchased at an average cost of $1.28 per share, for a total transaction of $105,792.00. Following the acquisition, the chief executive officer owned 3,650,840 shares of the company’s stock, valued at approximately $4,673,075.20. This represents a 2.32% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Institutional Investors Weigh In On Beamr Imaging

Large investors have recently made changes to their positions in the stock. Two Sigma Investments LP bought a new stake in Beamr Imaging in the 3rd quarter valued at $33,000. Renaissance Technologies LLC increased its holdings in Beamr Imaging by 56.2% during the 4th quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock worth $65,000 after purchasing an additional 15,000 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Beamr Imaging in the 1st quarter valued at about $84,000. Finally, Susquehanna International Group LLP raised its stake in shares of Beamr Imaging by 15.2% in the 3rd quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock valued at $176,000 after purchasing an additional 7,600 shares during the period. Institutional investors own 0.71% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Beamr Imaging in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

About Beamr Imaging

Beamr Imaging (NASDAQ: BMR) is a technology company specializing in perceptual image and video compression solutions. The company develops software encoders and cloud-based optimization tools that reduce file sizes while preserving visual quality. Its proprietary technology analyzes visual data in accordance with human perception, allowing media providers to deliver high-resolution content with lower bandwidth consumption.

Beamr’s product suite includes an image optimization SDK, a video encoder that supports multiple codecs, and an API for cloud integration.