RadiSys (NASDAQ:RSYS)‘s stock had its “buy” rating reiterated by analysts at DA Davidson in a research report issued to clients and investors on Thursday.

A number of other analysts have also issued reports on RSYS. Zacks Investment Research lowered shares of RadiSys from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 7th. Roth Capital reaffirmed a “buy” rating on shares of RadiSys in a research note on Monday, December 4th. Finally, ValuEngine raised shares of RadiSys from a “strong sell” rating to a “sell” rating in a research note on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $3.60.

Shares of RadiSys (NASDAQ RSYS) opened at $0.83 on Thursday. RadiSys has a 1 year low of $0.63 and a 1 year high of $4.39. The stock has a market cap of $32.69, a P/E ratio of -0.62 and a beta of 0.79.

RadiSys (NASDAQ:RSYS) last announced its earnings results on Wednesday, February 7th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.05. RadiSys had a negative net margin of 39.33% and a negative return on equity of 56.68%. The firm had revenue of $32.30 million for the quarter, compared to analyst estimates of $31.09 million. During the same quarter last year, the business earned $0.04 earnings per share. RadiSys’s revenue was down 20.4% compared to the same quarter last year. research analysts forecast that RadiSys will post -0.21 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the business. Bank of New York Mellon Corp raised its stake in RadiSys by 19.6% during the second quarter. Bank of New York Mellon Corp now owns 155,665 shares of the technology company’s stock worth $585,000 after purchasing an additional 25,495 shares during the period. Rhumbline Advisers raised its stake in RadiSys by 26.3% during the second quarter. Rhumbline Advisers now owns 41,125 shares of the technology company’s stock worth $155,000 after purchasing an additional 8,575 shares during the period. Dimensional Fund Advisors LP raised its stake in RadiSys by 3.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock worth $5,785,000 after purchasing an additional 49,835 shares during the period. State Street Corp raised its stake in RadiSys by 10.1% during the second quarter. State Street Corp now owns 517,315 shares of the technology company’s stock worth $1,946,000 after purchasing an additional 47,538 shares during the period. Finally, B. Riley Financial Inc. raised its stake in RadiSys by 300.0% during the fourth quarter. B. Riley Financial Inc. now owns 200,000 shares of the technology company’s stock worth $201,000 after purchasing an additional 150,000 shares during the period. 57.07% of the stock is currently owned by institutional investors.

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About RadiSys

Radisys Corporation (Radisys) is a services acceleration company. The Company’s application aware traffic distribution platforms, real-time media processing products and wireless access technologies enable service providers to virtualize and monetize their networks. The Company’s products and services are organized into two segments: Software-Systems, and Embedded Products and Hardware Services.

Analyst Recommendations for RadiSys (NASDAQ:RSYS)

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