RadiSys Corp. (NASDAQ:RSYS)’s share price traded down 1.7% during mid-day trading on Wednesday . The stock traded as low as $5.08 and last traded at $5.14, with a volume of 145,031 shares trading hands. The stock had previously closed at $5.23.

Several equities analysts recently issued reports on the company. Zacks Investment Research upgraded RadiSys Corp. from a “hold” rating to a “buy” rating and set a $5.50 price objective for the company in a research report on Wednesday, July 13th. Needham & Company LLC reiterated a “buy” rating and issued a $5.50 price objective (up from $4.00) on shares of RadiSys Corp. in a research report on Friday, April 8th. Roth Capital assumed coverage on RadiSys Corp. in a research report on Tuesday, March 22nd. They issued a “buy” rating and a $6.00 price objective for the company. Finally, Jefferies Group reiterated a “buy” rating and issued a $6.00 price objective on shares of RadiSys Corp. in a research report on Thursday, May 5th. Seven analysts have rated the stock with a buy rating, RadiSys Corp. presently has a consensus rating of “Buy” and a consensus price target of $5.83.

The firm has a 50-day moving average price of $4.83 and a 200-day moving average price of $3.85. The stock’s market capitalization is $189.83 million.

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

In related news, Director C Scott Gibson sold 18,000 shares of RadiSys Corp. stock in a transaction 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 sale, the director now directly owns 110,000 shares in the company, valued at $543,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Several hedge funds have recently modified their holdings of the stock. Royce & Associates LLC raised its stake in 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 during the last quarter. Dimensional Fund Advisors LP raised its stake 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 worth $3,551,000 after buying an additional 16,303 shares during the last quarter. Finally, Heartland Advisors Inc. bought a new stake in RadiSys Corp. during the fourth quarter worth about $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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