AudioCodesAUDC
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 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
7% less funds holding
Funds holding: 73 [Q2] → 68 (-5) [Q3]
11.81% less ownership
Funds ownership: 50.99% [Q2] → 39.18% (-11.81%) [Q3]
28% less capital invested
Capital invested by funds: $160M [Q2] → $115M (-$45.2M) [Q3]
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
98% less call options, than puts
Call options by funds: $8K | Put options by funds: $390K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Needham Ryan Koontz 76% 1-year accuracy 69 / 91 met price target | 14%upside $11 | Buy Maintained | 7 Nov 2024 |
Barclays Ryan Macwilliams 45% 1-year accuracy 9 / 20 met price target | 7%downside $9 | Underweight Maintained | 7 Nov 2024 |