Sterling Capital Management LLC boosted its position in magicJack VocalTec Ltd (NASDAQ:CALL) by 24.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,371 shares of the technology company’s stock after buying an additional 35,000 shares during the quarter. Sterling Capital Management LLC owned approximately 1.12% of magicJack VocalTec worth $1,290,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Citadel Advisors LLC boosted its stake in magicJack VocalTec by 110.1% in the third quarter. Citadel Advisors LLC now owns 39,718 shares of the technology company’s stock worth $284,000 after buying an additional 20,818 shares in the last quarter. Discovery Group I LLC purchased a new stake in magicJack VocalTec in the third quarter worth approximately $700,000. Fondren Management LP boosted its stake in magicJack VocalTec by 476.7% in the second quarter. Fondren Management LP now owns 144,163 shares of the technology company’s stock worth $1,038,000 after buying an additional 119,163 shares in the last quarter. Macquarie Group Ltd. boosted its stake in magicJack VocalTec by 45.3% in the third quarter. Macquarie Group Ltd. now owns 179,035 shares of the technology company’s stock worth $1,280,000 after buying an additional 55,835 shares in the last quarter. Finally, California Public Employees Retirement System boosted its stake in magicJack VocalTec by 11.2% in the third quarter. California Public Employees Retirement System now owns 189,545 shares of the technology company’s stock worth $1,355,000 after buying an additional 19,045 shares in the last quarter. 47.24% of the stock is owned by institutional investors and hedge funds.

Separately, ValuEngine raised magicJack VocalTec from a “buy” rating to a “strong-buy” rating in a research note on Thursday, November 9th.

Shares of magicJack VocalTec Ltd (CALL) opened at $8.40 on Wednesday. The stock has a market capitalization of $134.76, a P/E ratio of 12.10 and a beta of 0.64. magicJack VocalTec Ltd has a 52 week low of $5.55 and a 52 week high of $8.90.

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magicJack VocalTec Company Profile

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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