AudioCodesAUDC
Market Cap: $257M
About: AudioCodes Ltd develops and sells advanced and converged voice over IP and data networking solutions, products and applications to service providers and channels, OEMs, network equipment providers and system integrators. Its products include IP phones, session border controllers, voice applications, multi-service business routers, digital and analog media gateways, among others. The company generates revenues from the sale of products through a direct sales force and sales representatives. Its geographic segments are Israel, Americas, Europe, and the Far East. It derives a majority of the revenues from Americas segment.
Employees: 950
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
6.37% less ownership
Funds ownership: 49.73% [Q1] → 43.36% (-6.37%) [Q2]
9% less funds holding
Funds holding: 79 [Q1] → 72 (-7) [Q2]
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
31% less capital invested
Capital invested by funds: $198M [Q1] → $136M (-$61.5M) [Q2]
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
81% less call options, than puts
Call options by funds: $57K | Put options by funds: $306K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Needham Ryan Koontz 59% 1-year accuracy 51 / 86 met price target | 57%upside $14 | Buy Reiterated | 31 Jul 2024 |
Financial journalist opinion
Based on 3 articles about AUDC published over the past 30 days