RadiSys Co. (NASDAQ:RSYS) CFO Jonathan Wilson Acquires 25,000 Shares

RadiSys Co. (NASDAQ:RSYS) CFO Jonathan Wilson purchased 25,000 shares of the business’s stock in a transaction on Wednesday, February 14th. The stock was purchased at an average price of $0.83 per share, for a total transaction of $20,750.00. Following the acquisition, the chief financial officer now owns 118,529 shares of the company’s stock, valued at approximately $98,379.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of RadiSys Co. (RSYS) traded up $0.09 on Thursday, hitting $0.99. The company had a trading volume of 1,936,500 shares, compared to its average volume of 1,084,223. RadiSys Co. has a one year low of $0.63 and a one year high of $4.39.

RadiSys (NASDAQ:RSYS) last issued its quarterly earnings results on Wednesday, February 7th. The technology company reported ($0.01) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.05. RadiSys had a negative return on equity of 56.68% and a negative net margin of 39.33%. The company had revenue of $32.30 million during the quarter, compared to the consensus estimate of $31.09 million. During the same period last year, the business posted $0.04 earnings per share. RadiSys’s revenue was down 20.4% on a year-over-year basis. research analysts anticipate that RadiSys Co. will post -0.26 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in RSYS. Renaissance Technologies LLC increased its position in RadiSys by 22.7% in the fourth quarter. Renaissance Technologies LLC now owns 3,094,099 shares of the technology company’s stock worth $3,110,000 after buying an additional 573,400 shares during the last quarter. Millennium Management LLC purchased a new stake in RadiSys in the fourth quarter worth $200,000. Two Sigma Investments LP increased its position in RadiSys by 76.7% in the fourth quarter. Two Sigma Investments LP now owns 454,623 shares of the technology company’s stock worth $457,000 after buying an additional 197,342 shares during the last quarter. B. Riley Financial Inc. increased its position in RadiSys by 300.0% in the fourth quarter. B. Riley Financial Inc. now owns 200,000 shares of the technology company’s stock worth $201,000 after buying an additional 150,000 shares during the last quarter. Finally, Two Sigma Advisers LP increased its position in RadiSys by 247.7% in the fourth quarter. Two Sigma Advisers LP now owns 186,000 shares of the technology company’s stock worth $187,000 after buying an additional 132,500 shares during the last quarter. 38.28% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently weighed in on RSYS shares. Zacks Investment Research lowered RadiSys from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 10th. Roth Capital restated a “buy” rating on shares of RadiSys in a report on Monday, December 4th. DA Davidson restated a “buy” rating on shares of RadiSys in a report on Thursday, February 8th. Finally, ValuEngine upgraded RadiSys from a “strong sell” rating to a “sell” rating in a report on Friday, February 2nd. Two analysts have rated the stock with a sell rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $3.60.

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About RadiSys

Radisys Corporation (Radisys) is a services acceleration company. The Company’s application aware traffic distribution platforms, real-time media processing products and wireless access technologies enable service providers to virtualize and monetize their networks. The Company’s products and services are organized into two segments: Software-Systems, and Embedded Products and Hardware Services.

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