Pacific Ridge Capital Partners Lowers stake in RadiSys Corporation (RSYS)

RadiSys Corporation (RSYS) : Pacific Ridge Capital Partners reduced its stake in RadiSys Corporation by 18.94% during the most recent quarter end. The investment management company now holds a total of 1,000,290 shares of RadiSys Corporation which is valued at $4,971,441 after selling 233,680 shares in RadiSys Corporation , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.RadiSys Corporation makes up approximately 2.09% of Pacific Ridge Capital Partners’s portfolio.

Other Hedge Funds, Including , New York State Common Retirement Fund added RSYS to its portfolio by purchasing 36,800 company shares during the most recent quarter which is valued at $182,896.Thompson Davis reduced its stake in RSYS by selling 20,750 shares or 26.9% in the most recent quarter. The Hedge Fund company now holds 56,400 shares of RSYS which is valued at $276,924. RadiSys Corporation makes up approx 0.42% of Thompson Davis’s portfolio.Alambic Investment Management boosted its stake in RSYS in the latest quarter, The investment management firm added 10,150 additional shares and now holds a total of 81,158 shares of RadiSys Corporation which is valued at $402,544. RadiSys Corporation makes up approx 0.09% of Alambic Investment Management’s portfolio.Eam Investors boosted its stake in RSYS in the latest quarter, The investment management firm added 183,938 additional shares and now holds a total of 647,528 shares of RadiSys Corporation which is valued at $3,121,085. RadiSys Corporation makes up approx 0.44% of Eam Investors’s portfolio. Acadian Asset Management sold out all of its stake in RSYS during the most recent quarter. The investment firm sold 5,766 shares of RSYS which is valued $29,522.

RadiSys Corporation opened for trading at $5.07 and hit $5.12 on the upside on Friday, eventually ending the session at $5.08, with a gain of 0.20% or 0.01 points. The heightened volatility saw the trading volume jump to 89,950 shares. Company has a market cap of $194 M.

On the company’s financial health, RadiSys Corporation reported $0.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 3, 2016. Analyst had a consensus of $0.03. The company had revenue of $55.10 million for the quarter, compared to analysts expectations of $50.32 million. The company’s revenue was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.03 EPS.

Radisys Corporation (Radisys) is a services acceleration company. The Company’s application aware traffic distribution platforms real-time media processing engines and wireless access technologies enable service providers to maximize virtualize and monetize their networks. The Company’s products and services are organized into two operating segments: Software-Systems and Embedded Products and Hardware Services. The Company’s Software-Systems segment is comprised of three product families: FlowEngine MediaEngine and CellEngine. Also included in the Software-Systems segment is its Professional Service organization. The Company’s Embedded Products and Hardware Services segment comprises of the product-lines T-Series Advanced Telecommunications Computing Architecture (ATCA) Platforms Component Object Model (COM) Express and Rackmount Servers and Other Products.

Leave a Reply

RadiSys Corporation - Is it time to Sell?

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