RadiSys (NASDAQ:RSYS)‘s stock had its “buy” rating reiterated by Roth Capital in a research note issued to investors on Monday.

A number of other analysts have also recently issued reports on the company. Zacks Investment Research cut RadiSys from a “hold” rating to a “strong sell” rating in a report on Thursday. Jefferies Group reissued a “buy” rating and set a $3.00 price objective on shares of RadiSys in a report on Sunday, September 10th. DA Davidson reissued a “buy” rating and set a $3.50 price objective on shares of RadiSys in a report on Friday, September 8th. ValuEngine cut RadiSys from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Finally, Needham & Company LLC reissued a “buy” rating and set a $2.50 price objective (down previously from $4.50) on shares of RadiSys in a report on Tuesday, August 8th. Two research analysts have rated the stock with a sell rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $3.60.

Shares of RadiSys (NASDAQ RSYS) traded up $0.05 on Monday, reaching $0.93. The company had a trading volume of 16,672,700 shares, compared to its average volume of 371,460. RadiSys has a twelve month low of $0.63 and a twelve month high of $5.26.

RadiSys (NASDAQ:RSYS) last issued its quarterly earnings data on Tuesday, November 7th. The technology company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.16). The company had revenue of $28.80 million for the quarter, compared to analysts’ expectations of $28.11 million. RadiSys had a negative return on equity of 47.11% and a negative net margin of 26.07%. The business’s revenue for the quarter was down 48.0% on a year-over-year basis. During the same period last year, the company posted $0.07 EPS. analysts expect that RadiSys will post -0.58 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the business. Moors & Cabot Inc. raised its holdings in shares of RadiSys by 0.4% in the 2nd quarter. Moors & Cabot Inc. now owns 47,900 shares of the technology company’s stock valued at $183,000 after acquiring an additional 200 shares in the last quarter. State Street Corp raised its holdings in shares of RadiSys by 10.1% in the 2nd quarter. State Street Corp now owns 517,315 shares of the technology company’s stock valued at $1,946,000 after acquiring an additional 47,538 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of RadiSys by 3.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,538,609 shares of the technology company’s stock valued at $5,785,000 after acquiring an additional 49,835 shares in the last quarter. Paradigm Capital Management Inc. NY raised its holdings in shares of RadiSys by 24.4% in the 2nd quarter. Paradigm Capital Management Inc. NY now owns 2,940,445 shares of the technology company’s stock valued at $11,056,000 after acquiring an additional 577,132 shares in the last quarter. Finally, S Squared Technology LLC raised its holdings in shares of RadiSys by 34.7% in the 2nd quarter. S Squared Technology LLC now owns 413,402 shares of the technology company’s stock valued at $1,554,000 after acquiring an additional 106,500 shares in the last quarter. 57.21% of the stock is currently owned by hedge funds and other institutional investors.

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RadiSys Company Profile

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.

Analyst Recommendations for RadiSys (NASDAQ:RSYS)

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