Herald Investment Management Ltd buys $424,000 stake in FalconStor Software (FALC)

FalconStor Software (FALC) : Herald Investment Management Ltd scooped up 100,000 additional shares in FalconStor Software during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 400,000 shares of FalconStor Software which is valued at $424,000.FalconStor Software makes up approximately 0.16% of Herald Investment Management Ltd’s portfolio.

Other Hedge Funds, Including , Bourgeon Capital Management reduced its stake in FALC by selling 13,669 shares or 1.8% in the most recent quarter. The Hedge Fund company now holds 743,691 shares of FALC which is valued at $847,808. FalconStor Software makes up approx 0.52% of Bourgeon Capital Management’s portfolio.First Manhattan Co boosted its stake in FALC in the latest quarter, The investment management firm added 2,200 additional shares and now holds a total of 122,406 shares of FalconStor Software which is valued at $126,078.

FalconStor Software closed down -0.02 points or -1.82% at $1.08 with 36,066 shares getting traded on Monday. Post opening the session at $1.09, the shares hit an intraday low of $1.06 and an intraday high of $1.1 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

FalconStor Software Inc. provides a platform for data migration business continuity disaster recovery optimized backup and deduplication. The Company helps in data availability and system uptime while simplifying data management. Its storage platform for unified data services is FreeStor. FreeStor’s unified platform provides migration continuity protection recovery and optimization for a storage environment through a management interface for a price based on managed capacity across arrays servers hypervisors data centers and the cloud. Its Intelligent Abstraction core provides a scalable storage hypervisor with a data services engine and automation. Its Business Continuity and Disaster Recovery products include network storage server (NSS) and continuous data protector (CDP). Its Backup Optimization with Deduplication products include the virtual tape library (VTL) and file-interface deduplication system (FDS) solutions.

Leave a Reply

FalconStor Software - Is it time to Sell?

Top Brokerage Firms are advising their investors on FalconStor Software. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.