Beamr Imaging Ltd. (NASDAQ:BMR - Get Free Report) CEO Sharon Carmel purchased 82,650 shares of the firm's stock in a transaction on Wednesday, July 22nd. The stock was bought at an average price of $1.28 per share, for a total transaction of $105,792.00. Following the completion of the transaction, the chief executive officer directly owned 3,650,840 shares in the company, valued at approximately $4,673,075.20. The trade was a 2.32% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Beamr Imaging Stock Down 4.7%
Shares of BMR opened at $1.22 on Wednesday. The company has a 50-day simple moving average of $1.56 and a 200-day simple moving average of $1.69. Beamr Imaging Ltd. has a 52 week low of $1.06 and a 52 week high of $3.85.
Hedge Funds Weigh In On Beamr Imaging
A number of hedge funds have recently modified their holdings of the stock. Two Sigma Investments LP bought a new position in shares of Beamr Imaging during the 3rd quarter worth approximately $33,000. Renaissance Technologies LLC grew its position in 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. Cubist Systematic Strategies LLC bought a new stake in Beamr Imaging in the first quarter valued at $84,000. Finally, Susquehanna International Group LLP raised its stake in Beamr Imaging by 15.2% during the third quarter. Susquehanna International Group LLP now owns 57,450 shares of the company's stock worth $176,000 after acquiring an additional 7,600 shares in the last quarter. 0.71% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, Weiss Ratings restated a "sell (d-)" rating on shares of Beamr Imaging in a research note on Monday, May 18th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of "Sell".
View Our Latest Analysis on BMR
About Beamr Imaging
(
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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.
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