Here is Who Picked Concurrent Computer Corp (NASDAQ:CCUR) Shares



In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Concurrent Computer Corp (NASDAQ:CCUR) that Singer Julian D. has picked up 1,372,379 of common stock as of 2017-07-10.

The acquisition brings the aggregate amount owned by Singer Julian a total of 1,372,379 representing a 13.9% stake in the company.

For those not familiar with the company, Concurrent Computer Corporation is a software and solutions company that develops applications on storage technologies. The Company’s operates through content delivery segment, which include software, hardware and services for streaming video content to various consumer devices and storing and managing content in the network. Its streaming video and storage products and services are deployed by service providers to support consumer-facing video applications, including live broadcast video, video-on-demand (VOD) and time-shifted video services, such as cloud-based digital video recording (cDVR). Its multi-workload, scale-out storage products are suited for a range of enterprise information technology (IT) and video applications.

A glance at Concurrent Computer Corp (NASDAQ:CCUR)’s key stats reveals a current market capitalization of $63.48 Million based on $9.85 Million shares outstanding and a price at last close of $6.56 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-05-18, Singer picked up 190,000 at a purchase price of $6.15. This brings their total holding to 1,372,379 as of the date of the filing.

On the sell side, the most recent transaction saw Singh unload 16,000 shares at a sale price of $6.20. This brings their total holding to 11,000.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Concurrent Computer Corp (NASDAQ:CCUR) as things move forward to see if its progress aligns with these transactions.

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