Shares of RadiSys Corp. (NASDAQ:RSYS) were down 1.7% on Wednesday . The company traded as low as $5.08 and last traded at $5.14, with a volume of 145,031 shares. The stock had previously closed at $5.23.

A number of analysts have recently weighed in on RSYS shares. Zacks Investment Research upgraded shares of RadiSys Corp. from a “hold” rating to a “buy” rating and set a $5.50 target price for the company in a report on Wednesday, July 13th. Jefferies Group reiterated a “buy” rating and set a $7.25 target price (up from $6.00) on shares of RadiSys Corp. in a report on Friday, June 17th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $5.50 target price (up from $4.00) on shares of RadiSys Corp. in a report on Friday, April 8th. Seven research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of $5.83.

The company’s market capitalization is $189.46 million. The company has a 50 day moving average of $4.84 and a 200 day moving average of $3.86.

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

In related news, Director C Scott Gibson sold 18,000 shares of the stock in a transaction dated Thursday, May 5th. The stock was sold at an average price of $4.94, for a total transaction of $88,920.00. Following the completion of the transaction, the director now directly owns 110,000 shares in the company, valued at $543,400. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

An institutional investor recently raised its position in RadiSys Corp. stock. Royce & Associates LLC boosted its position in RadiSys Corp. (NASDAQ:RSYS) by 26.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,100,257 shares of the company’s stock after buying an additional 232,700 shares during the period. Royce & Associates LLC owned 2.98% of RadiSys Corp. worth $3,048,000 as of its most recent SEC filing.

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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