Beamr Imaging (NASDAQ:BMR) CEO Buys $105,792.00 in Stock

Beamr Imaging Ltd. (NASDAQ:BMR) CEO Sharon Carmel acquired 82,650 shares of the firm’s stock in a transaction on Wednesday, July 22nd. The shares were acquired at an average price of $1.28 per share, with a total value 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. This trade represents a 2.32% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Beamr Imaging Trading Up 2.5%

Shares of BMR opened at $1.22 on Friday. The business’s 50-day moving average is $1.53 and its 200-day moving average is $1.68. Beamr Imaging Ltd. has a fifty-two week low of $1.06 and a fifty-two week high of $3.85.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Two Sigma Investments LP purchased a new stake in shares of Beamr Imaging during the 3rd quarter worth about $33,000. Renaissance Technologies LLC lifted its holdings in shares of Beamr Imaging by 56.2% during the 4th quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock valued at $65,000 after buying an additional 15,000 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of Beamr Imaging in the 1st quarter valued at approximately $84,000. Finally, Susquehanna International Group LLP increased its holdings in 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 buying an additional 7,600 shares during the last quarter. Hedge funds and other institutional investors own 0.71% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Beamr Imaging in a research note on Monday, May 18th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Beamr Imaging presently has an average rating of “Sell”.

About Beamr Imaging

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.