Beamr Imaging (NASDAQ:BMR) Announces Earnings Results
by Kim Johansen · The Markets DailyBeamr Imaging (NASDAQ:BMR – Get Free Report) posted its earnings results on Tuesday. The company reported ($0.14) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $0.44 million during the quarter.
Beamr Imaging Trading Down 1.5%
Shares of NASDAQ:BMR traded down $0.02 on Thursday, hitting $1.29. The company had a trading volume of 7,827 shares, compared to its average volume of 108,524. Beamr Imaging has a 1 year low of $1.06 and a 1 year high of $3.85. The firm’s 50-day simple moving average is $1.43 and its two-hundred day simple moving average is $1.64.
Insider Transactions at Beamr Imaging
In related news, CEO Sharon Carmel acquired 82,650 shares of the stock in a transaction on Wednesday, July 22nd. The stock was acquired at an average cost of $1.28 per share, for a total transaction of $105,792.00. Following the completion of the acquisition, the chief executive officer directly owned 3,650,840 shares of the company’s stock, valued at approximately $4,673,075.20. This represents a 2.32% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.70% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of BMR. Cubist Systematic Strategies LLC purchased a new position in shares of Beamr Imaging during the first quarter valued at approximately $84,000. Renaissance Technologies LLC boosted its holdings in Beamr Imaging by 56.2% in the fourth quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock worth $65,000 after acquiring an additional 15,000 shares in the last quarter. Two Sigma Investments LP purchased a new stake in shares of Beamr Imaging in the third quarter worth $33,000. Finally, Susquehanna International Group LLP grew its stake in shares of Beamr Imaging by 15.2% in 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 during the last quarter. 0.71% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Beamr Imaging in a research report on Monday, May 18th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Beamr Imaging has a consensus rating of “Sell”.
Read Our Latest Analysis on BMR
Beamr Imaging Company Profile
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.