Shares of RadiSys Corp. (NASDAQ:RSYS) were down 1.4% during mid-day trading on Monday . The company traded as low as $4.79 and last traded at $4.83, with a volume of 137,617 shares. The stock had previously closed at $4.90.

A number of analysts have issued reports on RSYS shares. Jefferies Group reaffirmed a “buy” rating and issued a $7.25 price objective (up previously from $6.00) on shares of RadiSys Corp. in a research note on Friday, June 17th. Needham & Company LLC reissued a “buy” rating and set a $5.50 target price (up previously from $4.00) on shares of RadiSys Corp. in a research report on Friday, April 8th. Roth Capital initiated coverage on RadiSys Corp. in a research report on Tuesday, March 22nd. They set a “buy” rating and a $6.00 target price on the stock. Lake Street Capital initiated coverage on RadiSys Corp. in a research report on Monday, March 21st. They set a “buy” rating and a $4.50 target price on the stock. Finally, DA Davidson reissued a “buy” rating on shares of RadiSys Corp. in a research report on Monday, March 14th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $5.38.

The stock’s 50-day moving average price is $4.69 and its 200-day moving average price is $3.75. The firm’s market capitalization is $181.68 million.

RadiSys Corp. (NASDAQ:RSYS) last issued its quarterly earnings results on Tuesday, May 3rd. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. During the same quarter in the prior year, the company posted $0.03 EPS. The business had revenue of $55.10 million for the quarter, compared to analysts’ expectations of $50.32 million. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. On average, equities analysts expect that RadiSys Corp. will post $0.25 earnings per share for the current year.

In other RadiSys Corp. news, Director C Scott Gibson sold 18,000 shares of the stock in a transaction that occurred on Thursday, May 5th. The stock was sold at an average price of $4.94, for a total transaction of $88,920.00. Following the transaction, the director now owns 110,000 shares in the company, valued at $543,400. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Other institutional investors have modified their holdings of the company. Royce & Associates LLC increased its position in shares of RadiSys Corp. by 26.8% in the fourth quarter. Royce & Associates LLC now owns 1,100,257 shares of the company’s stock worth $3,048,000 after buying an additional 232,700 shares in the last quarter. Dimensional Fund Advisors LP increased its position in RadiSys Corp. by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,281,812 shares of the company’s stock valued at $3,551,000 after buying an additional 16,303 shares during the period. Finally, Heartland Advisors Inc. purchased a new position in RadiSys Corp. during the fourth quarter valued at $4,006,000.

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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