Tudor Investment Corp Et Al Buys 59,987 Shares of CalAmp Corp. (NASDAQ:CAMP)

Tudor Investment Corp Et Al grew its stake in shares of CalAmp Corp. (NASDAQ:CAMP – Get Rating) by 185.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 92,351 shares of the Wireless communications provider’s stock after purchasing an additional 59,987 shares during the quarter. Tudor Investment Corp Et Al owned approximately 0.25% of CalAmp worth $355,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. B. Riley Asset Management LLC grew its stake in shares of CalAmp by 1,823.2% in the second quarter. B. Riley Asset Management LLC now owns 1,682,778 shares of the Wireless communications provider’s stock worth $7,017,000 after purchasing an additional 1,595,278 shares during the last quarter. Paradigm Capital Management Inc. NY grew its position in shares of CalAmp by 104.4% in the 3rd quarter. Paradigm Capital Management Inc. NY now owns 897,600 shares of the Wireless communications provider’s stock worth $3,447,000 after buying an additional 458,500 shares during the last quarter. Worth Venture Partners LLC bought a new stake in shares of CalAmp in the 1st quarter worth approximately $3,221,000. Goldman Sachs Group Inc. increased its stake in shares of CalAmp by 262.9% during the first quarter. Goldman Sachs Group Inc. now owns 572,287 shares of the Wireless communications provider’s stock valued at $4,184,000 after buying an additional 414,589 shares during the period. Finally, Boothbay Fund Management LLC raised its holdings in shares of CalAmp by 111.4% during the third quarter. Boothbay Fund Management LLC now owns 632,969 shares of the Wireless communications provider’s stock valued at $2,431,000 after acquiring an additional 333,498 shares in the last quarter. Institutional investors own 75.52% of the company’s stock.

CalAmp Stock Up 0.2 %

NASDAQ:CAMP opened at $4.27 on Thursday. The company has a debt-to-equity ratio of 12.15, a current ratio of 1.68 and a quick ratio of 1.47. The firm’s 50-day moving average price is $4.57 and its 200-day moving average price is $4.28. The company has a market capitalization of $157.86 million, a PE ratio of -4.54, a P/E/G ratio of 15.21 and a beta of 2.03. CalAmp Corp. has a 1-year low of $2.96 and a 1-year high of $7.62.

CalAmp (NASDAQ:CAMP – Get Rating) last announced its earnings results on Tuesday, December 20th. The Wireless communications provider reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.03. CalAmp had a negative net margin of 11.79% and a negative return on equity of 40.90%. The business had revenue of $78.89 million during the quarter, compared to the consensus estimate of $74.65 million. On average, equities analysts predict that CalAmp Corp. will post -0.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised CalAmp from a “sell” rating to a “hold” rating in a research report on Thursday, December 22nd.

Insider Activity

In other news, Director Wes Cummins bought 40,000 shares of the firm’s stock in a transaction on Tuesday, December 27th. The shares were bought at an average price of $4.00 per share, for a total transaction of $160,000.00. Following the purchase, the director now owns 3,299,059 shares in the company, valued at $13,196,236. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders acquired 110,000 shares of company stock valued at $465,850 in the last quarter. 6.60% of the stock is currently owned by insiders.

About CalAmp

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CalAmp Corp. engages in delivering of wireless access and computer technologies. It provides Internet of Things (IoT) enablement solutions for a broad array of mobile and fixed applications serving multiple vertical markets worldwide. It offers solutions for mobile resource management and applications for the broader IoT market, enabling customers to optimize their operations by collecting, monitoring and efficiently reporting business-critical data and desired intelligence from high-value remote and often mobile assets.