Adams Street Partners LLC maintained its position in magicJack VocalTec Ltd (NASDAQ:CALL) during the second quarter, Holdings Channel reports. The institutional investor owned 1,976,861 shares of the technology company’s stock at the end of the second quarter. magicJack VocalTec accounts for 3.3% of Adams Street Partners LLC’s holdings, making the stock its 4th largest position. Adams Street Partners LLC owned about 0.12% of magicJack VocalTec worth $14,233,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Pacific Ridge Capital Partners LLC raised its position in magicJack VocalTec by 36.9% in the first quarter. Pacific Ridge Capital Partners LLC now owns 707,521 shares of the technology company’s stock worth $6,049,000 after buying an additional 190,639 shares in the last quarter. Goldman Sachs Group Inc. raised its position in magicJack VocalTec by 80.2% in the first quarter. Goldman Sachs Group Inc. now owns 168,639 shares of the technology company’s stock worth $1,442,000 after buying an additional 75,077 shares in the last quarter. Renaissance Technologies LLC raised its position in magicJack VocalTec by 5.5% in the first quarter. Renaissance Technologies LLC now owns 902,636 shares of the technology company’s stock worth $7,718,000 after buying an additional 46,736 shares in the last quarter. Acadian Asset Management LLC raised its position in magicJack VocalTec by 7.7% in the first quarter. Acadian Asset Management LLC now owns 574,828 shares of the technology company’s stock worth $4,915,000 after buying an additional 41,109 shares in the last quarter. Finally, AXA raised its position in magicJack VocalTec by 46.9% in the first quarter. AXA now owns 105,200 shares of the technology company’s stock worth $899,000 after buying an additional 33,600 shares in the last quarter. 49.55% of the stock is currently owned by institutional investors.

magicJack VocalTec Ltd (CALL) opened at 7.40 on Tuesday. The firm has a 50-day moving average price of $7.31 and a 200-day moving average price of $7.62. magicJack VocalTec Ltd has a 1-year low of $5.27 and a 1-year high of $8.90. The firm’s market cap is $119.24 million.

magicJack VocalTec (NASDAQ:CALL) last issued its quarterly earnings results on Wednesday, August 9th. The technology company reported $0.18 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.18. magicJack VocalTec had a positive return on equity of 23.63% and a negative net margin of 23.97%. The company had revenue of $22.40 million for the quarter, compared to analyst estimates of $21.90 million. During the same quarter last year, the company posted $0.27 EPS. The company’s revenue for the quarter was down 11.5% compared to the same quarter last year. On average, analysts expect that magicJack VocalTec Ltd will post $0.48 earnings per share for the current fiscal year.

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A number of equities analysts have commented on CALL shares. Zacks Investment Research lowered magicJack VocalTec from a “buy” rating to a “hold” rating in a research note on Tuesday, May 16th. TheStreet lowered magicJack VocalTec from a “c” rating to a “d” rating in a research note on Monday, June 12th.

About magicJack VocalTec

magicJack VocalTec Ltd. and its subsidiaries is a cloud communications company. The Company provides magicJack devices and other magicJack products and services. The Company also provides additional products and services, which include voice applications on smart phones, as well as the magicJack PLUS, magicJack GO and magicJack EXPRESS, which are updated versions of the magicJack device that have their own central processing unit (CPU) and can connect a regular phone directly to the users broadband modem/router and function as a standalone phone without using a computer.

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Institutional Ownership by Quarter for magicJack VocalTec (NASDAQ:CALL)

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