Beamr Imaging (NASDAQ:BMR) CEO Sharon Carmel Acquires 82,650 Shares of Stock

Beamr Imaging Ltd. (NASDAQ:BMR) CEO Sharon Carmel bought 82,650 shares of Beamr Imaging stock in a transaction that occurred on Wednesday, July 22nd. The stock was bought at an average price of $1.28 per share, with a total value of $105,792.00. Following the completion of the acquisition, the chief executive officer owned 3,650,840 shares in the company, valued at approximately $4,673,075.20. The trade was a 2.32% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Beamr Imaging Stock Down 4.7%

Shares of Beamr Imaging stock opened at $1.22 on Wednesday. Beamr Imaging Ltd. has a 12-month low of $1.06 and a 12-month high of $3.85. The stock has a 50 day moving average price of $1.56 and a two-hundred day moving average price of $1.69.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Beamr Imaging in a report on Monday, May 18th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Beamr Imaging

Several large investors have recently made changes to their positions in BMR. Susquehanna International Group LLP boosted its stake in Beamr Imaging by 15.2% during the 3rd quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock valued at $176,000 after purchasing an additional 7,600 shares during the period. Two Sigma Investments LP acquired a new position in shares of Beamr Imaging during the third quarter worth approximately $33,000. Renaissance Technologies LLC boosted its position in shares of Beamr Imaging by 56.2% in the fourth quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock valued at $65,000 after acquiring an additional 15,000 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Beamr Imaging in the first quarter valued at approximately $84,000. Institutional investors and hedge funds own 0.71% of the company’s stock.

About Beamr Imaging

Beamr Imaging (NASDAQ: BMR) is a technology company specializing in perceptual image and video compression solutions. The company develops software encoders and cloud-based optimization tools that reduce file sizes while preserving visual quality. Its proprietary technology analyzes visual data in accordance with human perception, allowing media providers to deliver high-resolution content with lower bandwidth consumption.

Beamr’s product suite includes an image optimization SDK, a video encoder that supports multiple codecs, and an API for cloud integration.