Renaissance Technologies LLC Acquires 204,700 Shares of Magicjack Vocaltec Ltd (NASDAQ:CALL)

Renaissance Technologies LLC raised its position in Magicjack Vocaltec Ltd (NASDAQ:CALL) by 24.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,048,200 shares of the technology company’s stock after purchasing an additional 204,700 shares during the quarter. Renaissance Technologies LLC owned 6.47% of Magicjack Vocaltec worth $8,857,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Virtu Financial LLC acquired a new stake in Magicjack Vocaltec in the fourth quarter valued at approximately $160,000. California Public Employees Retirement System boosted its stake in Magicjack Vocaltec by 11.2% in the third quarter. California Public Employees Retirement System now owns 189,545 shares of the technology company’s stock valued at $1,355,000 after acquiring an additional 19,045 shares in the last quarter. Citadel Advisors LLC boosted its stake in Magicjack Vocaltec by 110.1% in the third quarter. Citadel Advisors LLC now owns 39,718 shares of the technology company’s stock valued at $284,000 after acquiring an additional 20,818 shares in the last quarter. Sterling Capital Management LLC boosted its stake in Magicjack Vocaltec by 24.1% in the third quarter. Sterling Capital Management LLC now owns 180,371 shares of the technology company’s stock valued at $1,290,000 after acquiring an additional 35,000 shares in the last quarter. Finally, ARK Investment Management LLC acquired a new stake in Magicjack Vocaltec in the fourth quarter valued at approximately $314,000. Institutional investors and hedge funds own 62.91% of the company’s stock.

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NASDAQ CALL opened at $8.40 on Tuesday. The firm has a market capitalization of $135.99, a price-to-earnings ratio of 8.48 and a beta of 0.70. Magicjack Vocaltec Ltd has a 12-month low of $5.55 and a 12-month high of $8.60.



Magicjack Vocaltec (NASDAQ:CALL) last issued its earnings results on Friday, March 16th. The technology company reported $0.37 earnings per share (EPS) for the quarter. Magicjack Vocaltec had a negative net margin of 28.37% and a positive return on equity of 43.78%. The firm had revenue of $20.76 million during the quarter.

Separately, ValuEngine upgraded shares of Magicjack Vocaltec from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 1st.

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Magicjack Vocaltec Company Profile

magicJack VocalTec Ltd., together with its subsidiaries, operates as a cloud communications company in the United States. The company's products and services allow users to make and/or receive free telephone calls to and from where the customer has broadband access to the Internet. It provides magicJack devices, such as The magicJack, magicJack PLUS, New magicJack PLUS, magicJack GO, and magicJack EXPRESS, which are voice-over-Internet-Protocol (VoIP) devices that enables customers to receive free VoIP phone service for their home, enterprise, or while traveling.

Institutional Ownership by Quarter for Magicjack Vocaltec (NASDAQ:CALL)

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