Concurrent Computer Corp (CCUR) Major Shareholder Julian D. Singer Buys 21,202 Shares of Stock
Concurrent Computer Corp (NASDAQ:CCUR) major shareholder Julian D. Singer bought 21,202 shares of the stock in a transaction that occurred on Thursday, December 14th. The stock was purchased at an average price of $5.84 per share, for a total transaction of $123,819.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Concurrent Computer Corp (NASDAQ:CCUR) traded down $0.05 during midday trading on Friday, reaching $5.67. 100,078 shares of the company’s stock traded hands, compared to its average volume of 19,970. Concurrent Computer Corp has a 52 week low of $4.63 and a 52 week high of $7.10.
Concurrent Computer (NASDAQ:CCUR) last posted its quarterly earnings results on Monday, November 13th. The technology company reported ($0.11) earnings per share (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 its most recent 13F filing with the SEC. The firm purchased 202,719 shares of the technology company’s stock, valued at approximately $1,348,000. Bard Associates Inc. owned about 2.19% of Concurrent Computer at the end of the most recent reporting period. 30.40% of the stock is owned by hedge funds and other institutional investors.
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.
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.