Brightcove Inc (NASDAQ:BCOV) had its price target decreased by RBC Capital from $16.00 to $13.00 in a research note issued to investors. The firm currently has an outperform rating on the stock. Brightcove Inc (NASDAQ:BCOV) stock performance was -6.69% in last session and finished the day at $7.95. Traded volume was 818.42K shares in the last session and the average volume of the stock remained 427.12K shares. Brightcove Inc (NASDAQ:BCOV) insider ownership is 4.00%.
Global internet intelligence company, Procera Networks Inc (NASDAQ:PKT) has announced it was awarded approximately USD 3.5 million of business from two Tier One service providers that represent new customers in the Asia Pacific region. The operators selected Procera Networks Inc (NASDAQ:PKT)’s PacketLogic platform and displaced a long-term incumbent vendor to deliver a enhanced subscriber experience. Procera Networks Inc (NASDAQ:PKT) dropped -8.05 percent to $8.68 Friday on volume of 1.04million shares. The intra-day range of the stock was $8.44 to $9.21. Procera Networks Inc (NASDAQ:PKT) has a market capitalization of $179.33million.
Semiconductor manufacturer ANADIGICS, Inc. (NASDAQ:ANAD) reported relatively modest first-quarter 2014 results with a balanced sales mix, efficient production and stringent cost-cutting initiatives. The company incurred an adjusted net loss of $9.6 million or 11 cents per share in the reported quarter, narrower than the loss of $14.8 million or 20 cents per share in the year-ago quarter. ANADIGICS, Inc. (NASDAQ:ANAD)’s stock on May 2, 2014 reported a increase of 5.31% to the closing price of $1.19. Its fifty two weeks range is $1.12 -$2.45. The total market capitalization recorded $101.56million. The overall volume in the last trading session was 1.29million shares. In its share capital, ANAD has 85.38million outstanding shares.
Citing inventory rebalancing by tablet OEM customers using its display bridge ICs, QuickLogic Corporation (NASDAQ:QUIK) guided on its Q1 CC (transcript) for Q2 revenue of $6.5M and EPS of -$0.05, below a consensus of $10.4M and -$0.04. The company also notes that while two of Samsung’s three 7″ tablet platforms use a QuickLogic Corporation (NASDAQ:QUIK) display bridge, its new Galaxy Tab 4 7.0 doesn’t need one. On Thursday, shares of QuickLogic Corporation (NASDAQ:QUIK) dropped -2.39% to close the day at $3.68. Company return on investment (ROI) is -29.40% and its monthly performance is recorded as -33.57%. QuickLogic Corporation (NASDAQ:QUIK) quarterly revenue growth is -22.20%.