AudioCodes Ltd. (NASDAQ:AUDC – Get Free Report) CFO Niran Baruch sold 1,875 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $9.95, for a total transaction of $18,656.25. Following the sale, the chief financial officer owned 101,250 shares of the company’s stock, valued at $1,007,437.50. The trade was a 1.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
AudioCodes Stock Performance
NASDAQ AUDC opened at $9.90 on Friday. The stock has a market capitalization of $251.96 million, a P/E ratio of 38.08 and a beta of 0.96. AudioCodes Ltd. has a 1 year low of $6.95 and a 1 year high of $10.86. The business’s fifty day moving average is $9.65 and its two-hundred day moving average is $8.80.
AudioCodes (NASDAQ:AUDC – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The communications equipment provider reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.01. The company had revenue of $62.96 million during the quarter, compared to the consensus estimate of $62.40 million. AudioCodes had a return on equity of 6.79% and a net margin of 2.83%.AudioCodes has set its FY 2026 guidance at 0.600-0.750 EPS.
AudioCodes Dividend Announcement
Wall Street Analyst Weigh In
Several research firms have issued reports on AUDC. Wall Street Zen upgraded AudioCodes from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 27th. Weiss Ratings upgraded shares of AudioCodes from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in AudioCodes in the 2nd quarter worth about $43,000. Barclays PLC increased its holdings in shares of AudioCodes by 3,621.4% in the 4th quarter. Barclays PLC now owns 7,294 shares of the communications equipment provider’s stock valued at $64,000 after purchasing an additional 7,098 shares during the period. Jump Financial LLC acquired a new position in shares of AudioCodes in the 2nd quarter valued at about $127,000. NewEdge Advisors LLC acquired a new position in shares of AudioCodes in the 4th quarter valued at about $150,000. Finally, SIH Partners LLLP purchased a new stake in shares of AudioCodes in the third quarter worth approximately $170,000. 68.05% of the stock is owned by institutional investors and hedge funds.
About AudioCodes
AudioCodes Ltd is a global provider of advanced voice networking and media processing solutions for enterprises and service providers. The company designs and manufactures a comprehensive portfolio of products, including session border controllers (SBCs), media gateways, IP phones, management and monitoring software, and cloud-based communications microservices. Its offerings support a wide range of unified communications (UC) and contact center deployments, enabling secure, high-quality voice connectivity across on-premises, hybrid and cloud environments.
Founded in 1993 and headquartered in Rosh Ha’Ayin, Israel, AudioCodes serves customers in North America, Europe, Asia-Pacific and Latin America.
Featured Articles
- Five stocks we like better than AudioCodes
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Receive News & Ratings for AudioCodes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AudioCodes and related companies with MarketBeat.com's FREE daily email newsletter.
