Radisys Corp: Heartland Advisors Inc Bought Stake

December 8, 2017 - By Hazel Jackson

 Radisys Corp: Heartland Advisors Inc Bought Stake

Investors sentiment increased to 1.32 in 2017 Q2. Its up 0.14, from 1.18 in 2017Q1. It increased, as 7 investors sold RadiSys Corporation shares while 18 reduced holdings. 14 funds opened positions while 19 raised stakes. 22.88 million shares or 1.04% more from 22.64 million shares in 2017Q1 were reported.

2.27 million are held by Renaissance Technologies Lc. California State Teachers Retirement holds 65,301 shares or 0% of its portfolio. Great Lakes Advsrs has invested 0.05% in RadiSys Corporation (NASDAQ:RSYS). Heartland Advisors accumulated 2.99 million shares. Rhumbline Advisers owns 41,125 shares or 0% of their US portfolio. Legal & General Grp Incorporated Pcl holds 0% in RadiSys Corporation (NASDAQ:RSYS) or 6,128 shares. Spark Inv Mgmt Lc reported 35,500 shares. Dimensional Fund Advsr Ltd Partnership, Texas-based fund reported 1.54M shares. Royal National Bank & Trust Of Canada invested 0% of its portfolio in RadiSys Corporation (NASDAQ:RSYS). Cadence Mngmt Ltd has invested 0.04% in RadiSys Corporation (NASDAQ:RSYS). Baker Ellis Asset Management Ltd Com stated it has 0.02% of its portfolio in RadiSys Corporation (NASDAQ:RSYS). Bnp Paribas Arbitrage Sa accumulated 3,389 shares or 0% of the stock. Wells Fargo And Mn invested 0% in RadiSys Corporation (NASDAQ:RSYS). 86,200 were accumulated by California Public Employees Retirement Systems. Ameriprise Fincl reported 10,910 shares.

The New Heartland Advisors Inc Holding in Radisys Corp

Heartland Advisors Inc reported SC 13G/A form with the SEC for Radisys Corp. Access it here: 000089271217000787. As reported by Heartland Advisors Inc, the filler owns 4.2% or 1,637,100 shares of the Information Technology–company.

Radisys Corp stake is new for [reportingPerson]. Date of activity: November 30, 2017. This shows Heartland Advisors Inc’s positive view for Radisys Corp. For a institutional investor managing $6.06 billion in assets and having 51+ experts this is interesting position.

Radisys Corp Institutional Sentiment

Filings show 47 investors own Radisys Corp. The ownership in Q3 2015 is low, at Infinity of the outstanding shares. This is increased by 1101819. 17974245 were owned by these investors. 9 funds opened new Radisys Corp stakes, 10 increased positions. There were 7 that closed positions and 16 reduced them.

2 investors had the stock in their top 10. Some are: Pacific Ridge Capital Partners Llc..

Sphinx Trading Lp is an investor bullish on Radisys Corp, owning 2000 shares as of Q3 2015 for 0.01% of its portfolio. Herald Investment Management Ltd owns 105500 shares or 0.13% of its portfolio. NY Potomac Capital Management Inc have 4.02% of its portfolio for 1205210 shares. Further, Pacific Ridge Capital Partners Llc reported stake worth 0.84% of its portfolio. The WA Nierenberg Investment Management Company Inc owns 3485055 shares. Radisys Corp is 13.65% of its portfolio.

SEC Form 13G.

Heartland Advisors Inc website.

Analysts await RadiSys Corporation (NASDAQ:RSYS) to report earnings on February, 8. They expect $-0.06 EPS, down 700.00 % or $0.07 from last year’s $0.01 per share. After $-0.28 actual EPS reported by RadiSys Corporation for the previous quarter, Wall Street now forecasts -78.57 % EPS growth.

The stock decreased 1.08% or $0.01 during the last trading session, reaching $0.92. About 3.49M shares traded or 357.13% up from the average. RadiSys Corporation (NASDAQ:RSYS) has declined 4.32% since December 8, 2016 and is downtrending. It has underperformed by 21.02% the S&P500.

Radisys Corporation provides software defined infrastructure, service aware traffic distribution platforms, real-time media processing engines, and wireless access technologies. The company has market cap of $36.02 million. It operates in two divisions, Software-Systems and Hardware Solutions. It currently has negative earnings. The companyÂ’s products include FlowEngine, which comprises data plane traffic distribution products that classify and distribute session data flows to network processing resources; and MediaEngine products that provide media processing capabilities required for applications, such as voice over long-term evolution , voice over Wi-Fi, Web real-time communication, and multimedia conferencing, as well as media interworking.

RadiSys Corporation (NASDAQ:RSYS) Ratings Coverage

Among 6 analysts covering RadiSys (NASDAQ:RSYS), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. RadiSys has $7.25 highest and $3.0 lowest target. $4.60’s average target is 400.00% above currents $0.92 stock price. RadiSys had 11 analyst reports since September 3, 2015 according to SRatingsIntel. On Monday, January 25 the stock rating was upgraded by Needham to “Buy”. The rating was maintained by Jefferies on Friday, June 9 with “Buy”. The firm has “Buy” rating by Roth Capital given on Monday, June 26. The firm earned “Buy” rating on Tuesday, March 22 by Roth Capital. DA Davidson maintained RadiSys Corporation (NASDAQ:RSYS) rating on Friday, September 8. DA Davidson has “Buy” rating and $3.5 target. Needham maintained the stock with “Buy” rating in Friday, February 10 report. The company was initiated on Monday, March 21 by Lake Street. The firm has “Outperform” rating by Northland Capital given on Thursday, September 3. The rating was maintained by Jefferies on Friday, June 17 with “Buy”. The stock of RadiSys Corporation (NASDAQ:RSYS) has “Buy” rating given on Thursday, September 7 by Jefferies.

Another recent and important RadiSys Corporation (NASDAQ:RSYS) news was published by Streetinsider.com which published an article titled: “Radisys Corp (RSYS) Announces $5 Million Order from Large Asian Customer” on November 30, 2017.

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