Key Points
- CFO Niran Baruch sold 1,875 AudioCodes shares at an average price of $9.99, generating $18,731.25. The sale was made under a pre-arranged Rule 10b5-1 plan and reduced his holdings by 1.85% to 99,375 shares.
- AudioCodes reported quarterly EPS of $0.15, beating estimates by $0.01, while revenue of $62.96 million also exceeded expectations. The company issued fiscal 2026 EPS guidance of $0.60–$0.75.
- AUDC shares opened at $9.95, down 0.5%, while analysts maintain a consensus “Hold” rating. The company declared a $0.20-per-share dividend payable September 3 to shareholders of record August 19.
AudioCodes Ltd. (NASDAQ:AUDC - Get Free Report) CFO Niran Baruch sold 1,875 shares of the company's stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $9.99, for a total value of $18,731.25. Following the sale, the chief financial officer owned 99,375 shares of the company's stock, valued at approximately $992,756.25. This trade represents a 1.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Niran Baruch also recently made the following trade(s):
- On Thursday, August 6th, Niran Baruch sold 1,875 shares of AudioCodes stock. The stock was sold at an average price of $9.95, for a total value of $18,656.25.
AudioCodes Stock Down 0.5%
Shares of AUDC stock opened at $9.95 on Wednesday. AudioCodes Ltd. has a 12 month low of $6.95 and a 12 month high of $10.86. The company has a market cap of $240.29 million, a PE ratio of 38.27 and a beta of 0.96. The business's 50 day moving average is $9.64 and its two-hundred day moving average is $8.83.
AudioCodes (NASDAQ:AUDC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The communications equipment provider reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.01. The business had revenue of $62.96 million during the quarter, compared to analysts' expectations of $62.40 million. AudioCodes had a net margin of 2.83% and a return on equity of 6.79%. AudioCodes has set its FY 2026 guidance at 0.600-0.750 EPS.
AudioCodes Dividend Announcement
The company also recently declared a dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Wednesday, August 19th will be issued a dividend of $0.20 per share. This represents a yield of 398.0%. The ex-dividend date is Wednesday, August 19th. AudioCodes's dividend payout ratio is 153.85%.
Hedge Funds Weigh In On AudioCodes
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Assenagon Asset Management S.A. acquired a new stake in AudioCodes during the first quarter worth about $1,238,000. Millennium Management LLC raised its holdings in AudioCodes by 101.6% in the 4th quarter. Millennium Management LLC now owns 284,951 shares of the communications equipment provider's stock valued at $2,488,000 after acquiring an additional 143,632 shares in the last quarter. Heartland Advisors Inc. lifted its position in shares of AudioCodes by 15.8% in the 1st quarter. Heartland Advisors Inc. now owns 965,734 shares of the communications equipment provider's stock worth $8,122,000 after acquiring an additional 131,934 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of AudioCodes by 12.5% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 740,560 shares of the communications equipment provider's stock worth $6,209,000 after purchasing an additional 82,016 shares in the last quarter. Finally, Marshall Wace LLP grew its holdings in shares of AudioCodes by 41.7% during the 4th quarter. Marshall Wace LLP now owns 186,983 shares of the communications equipment provider's stock worth $1,632,000 after purchasing an additional 55,055 shares in the last quarter. Institutional investors own 68.05% of the company's stock.
Analyst Ratings Changes
A number of equities analysts have recently commented on the company. Wall Street Zen upgraded AudioCodes from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 27th. Weiss Ratings upgraded AudioCodes from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, August 4th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of "Hold".
Check Out Our Latest Report on AudioCodes
About AudioCodes
(
Get Free Report)
AudioCodes Ltd is a global provider of advanced voice networking and media processing solutions for enterprises and service providers. The company designs and manufactures a comprehensive portfolio of products, including session border controllers (SBCs), media gateways, IP phones, management and monitoring software, and cloud-based communications microservices. Its offerings support a wide range of unified communications (UC) and contact center deployments, enabling secure, high-quality voice connectivity across on-premises, hybrid and cloud environments.
Founded in 1993 and headquartered in Rosh Ha'Ayin, Israel, AudioCodes serves customers in North America, Europe, Asia-Pacific and Latin America.
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