Concurrent Computer Corp (CCUR) Major Shareholder Julian D. Singer Buys 29,687 Shares
Concurrent Computer Corp (NASDAQ:CCUR) major shareholder Julian D. Singer bought 29,687 shares of the stock in a transaction that occurred on Thursday, December 7th. The stock was bought at an average cost of $6.03 per share, for a total transaction of $179,012.61. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of Concurrent Computer Corp (NASDAQ CCUR) opened at $6.05 on Tuesday. Concurrent Computer Corp has a one year low of $4.63 and a one year high of $7.10.
Concurrent Computer (NASDAQ:CCUR) last announced its earnings results on Monday, November 13th. The technology company reported ($0.11) earnings per share for the quarter. The company had revenue of $7.87 million during the quarter. Concurrent Computer had a net margin of 65.52% and a negative return on equity of 12.99%.
An institutional investor recently raised its position in Concurrent Computer stock. Foundry Partners LLC raised its holdings in shares of Concurrent Computer Corp (NASDAQ:CCUR) by 8.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 241,365 shares of the technology company’s stock after acquiring an additional 18,525 shares during the period. Foundry Partners LLC owned about 2.58% of Concurrent Computer worth $1,448,000 at the end of the most recent reporting period. 30.40% of the stock is currently owned by institutional investors.
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.
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