Qumu Corporation (NASDAQ:QUMU) major shareholder Discovery Fund Lp Harbert purchased 9,300 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was bought at an average price of $2.44 per share, with a total value of $22,692.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Discovery Fund Lp Harbert also recently made the following trade(s):

  • On Monday, November 13th, Discovery Fund Lp Harbert purchased 87,300 shares of Qumu Corporation stock. The stock was bought at an average price of $2.46 per share, with a total value of $214,758.00.
  • On Wednesday, November 1st, Discovery Fund Lp Harbert purchased 51,618 shares of Qumu Corporation stock. The stock was bought at an average price of $2.46 per share, with a total value of $126,980.28.

Shares of Qumu Corporation (NASDAQ:QUMU) opened at $2.49 on Tuesday. Qumu Corporation has a 12 month low of $1.80 and a 12 month high of $3.28.

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Hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC increased its stake in Qumu Corporation by 1.1% during the first quarter. Renaissance Technologies LLC now owns 642,100 shares of the technology company’s stock valued at $1,811,000 after purchasing an additional 6,741 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Qumu Corporation by 76.6% during the first quarter. Bank of New York Mellon Corp now owns 51,862 shares of the technology company’s stock valued at $146,000 after purchasing an additional 22,501 shares during the last quarter. Finally, Northern Trust Corp increased its stake in Qumu Corporation by 9.6% during the second quarter. Northern Trust Corp now owns 35,745 shares of the technology company’s stock valued at $104,000 after purchasing an additional 3,144 shares during the last quarter. Hedge funds and other institutional investors own 24.36% of the company’s stock.

Qumu Corporation Company Profile

Qumu Corporation (Qumu) is an enterprise video content management software company. The Company is engaged in providing tools businesses need to create, manage, secure, deliver and measure their videos. The Company operates through the enterprise video content management software business segment. Its video content management software solutions allow organizations to create, capture, organize and deliver content across the extended enterprise to a range of end points, including mobile devices and thick or thin clients.

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