Insider Buying: Beamr Imaging (NASDAQ:BMR) CEO Purchases 82,650 Shares of Stock

Beamr Imaging Ltd. (NASDAQ:BMR) CEO Sharon Carmel bought 82,650 shares of the business’s stock in a transaction that occurred on Wednesday, July 22nd. The shares were acquired at an average cost of $1.28 per share, with a total value of $105,792.00. Following the completion of the purchase, the chief executive officer owned 3,650,840 shares of the company’s stock, valued at approximately $4,673,075.20. The trade was a 2.32% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Beamr Imaging Trading Down 4.3%

Beamr Imaging stock traded down $0.06 during mid-day trading on Tuesday, hitting $1.23. The company’s stock had a trading volume of 20,005 shares, compared to its average volume of 111,445. Beamr Imaging Ltd. has a twelve month low of $1.06 and a twelve month high of $3.85. The stock’s fifty day moving average price is $1.57 and its two-hundred day moving average price is $1.70.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed 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, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Institutional Investors Weigh In On Beamr Imaging

Hedge funds and other institutional investors have recently made changes to their positions in the company. Susquehanna International Group LLP increased its stake in shares of Beamr Imaging by 15.2% during the 3rd quarter. Susquehanna International Group LLP now owns 57,450 shares of the company’s stock worth $176,000 after purchasing an additional 7,600 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of Beamr Imaging by 56.2% in the 4th quarter. Renaissance Technologies LLC now owns 41,700 shares of the company’s stock valued at $65,000 after purchasing an additional 15,000 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Beamr Imaging in the 1st quarter valued at $84,000. Finally, Two Sigma Investments LP bought a new stake in Beamr Imaging in the third quarter worth $33,000. 0.71% of the stock is owned by hedge funds and other institutional investors.

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.