AudioCodes Ownership
| AUDC Stock | USD 11.05 0.07 0.63% |
Shares in Circulation | First Issued 1999-03-31 | Previous Quarter 31.4 M | Current Value 30.9 M | Avarage Shares Outstanding 37.9 M | Quarterly Volatility 5.1 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
AudioCodes |
AudioCodes Stock Ownership Analysis
About 22.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.81. Some equities with similar Price to Book (P/B) outperform the market in the long run. AudioCodes has Price/Earnings To Growth (PEG) ratio of 0.83. The entity last dividend was issued on the 16th of February 2024. The firm had 2:1 split on the 10th of October 2000. AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel. Audiocodes operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 885 people. For more info on AudioCodes please contact Shabtai Adlersberg at 972 3 976 4099 or go to https://www.audiocodes.com.Besides selling stocks to institutional investors, AudioCodes also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different AudioCodes' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align AudioCodes' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
AudioCodes Quarterly Liabilities And Stockholders Equity |
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About 22.0% of AudioCodes are currently held by insiders. Unlike AudioCodes' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against AudioCodes' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of AudioCodes' insider trades
AudioCodes Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as AudioCodes is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading AudioCodes backward and forwards among themselves. AudioCodes' institutional investor refers to the entity that pools money to purchase AudioCodes' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Taylor Frigon Capital Management Llc | 2023-12-31 | 240.6 K | Ark Investment Management Llc | 2023-12-31 | 217.4 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 203.8 K | D. E. Shaw & Co Lp | 2023-09-30 | 183.8 K | Essex Investment Management Company, Llc | 2023-12-31 | 171.8 K | Ameriprise Financial Inc | 2023-12-31 | 147.2 K | Qsv Equity Investors Llc | 2023-12-31 | 138.4 K | Millennium Management Llc | 2023-12-31 | 98.1 K | Aptus Capital Advisors, Llc | 2023-12-31 | 93.8 K | Rima Management, Llc | 2023-12-31 | 2.5 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.9 M |
AudioCodes Corporate Filings
| 27th of March 2024 Other Reports | ViewVerify | |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 12th of February 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
6K | 6th of February 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AudioCodes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AudioCodes' short interest history, or implied volatility extrapolated from AudioCodes options trading.
Pair Trading with AudioCodes
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AudioCodes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AudioCodes will appreciate offsetting losses from the drop in the long position's value.Moving together with AudioCodes Stock
| 0.71 | ZEPP | Zepp Health Corp | PairCorr |
Moving against AudioCodes Stock
| 0.75 | RCAT | Red Cat Holdings | PairCorr |
| 0.48 | GB | Global Blue Group | PairCorr |
The ability to find closely correlated positions to AudioCodes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AudioCodes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AudioCodes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AudioCodes to buy it.
The correlation of AudioCodes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AudioCodes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AudioCodes moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AudioCodes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioCodes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.Note that the AudioCodes information on this page should be used as a complementary analysis to other AudioCodes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for AudioCodes Stock analysis
When running AudioCodes' price analysis, check to measure AudioCodes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AudioCodes is operating at the current time. Most of AudioCodes' value examination focuses on studying past and present price action to predict the probability of AudioCodes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AudioCodes' price. Additionally, you may evaluate how the addition of AudioCodes to your portfolios can decrease your overall portfolio volatility.
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Is AudioCodes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AudioCodes. If investors know AudioCodes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AudioCodes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Dividend Share 0.36 | Earnings Share 0.28 | Revenue Per Share 7.783 | Quarterly Revenue Growth (0.10) |
The market value of AudioCodes is measured differently than its book value, which is the value of AudioCodes that is recorded on the company's balance sheet. Investors also form their own opinion of AudioCodes' value that differs from its market value or its book value, called intrinsic value, which is AudioCodes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AudioCodes' market value can be influenced by many factors that don't directly affect AudioCodes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AudioCodes' value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioCodes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioCodes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.