Harbert Discovery Fund is Buying Qumu Corp (NASDAQ:QUMU) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more


Relief Therapeutics Holding AG (RLFTF) Stock Makes a...
BTTX Stock Price is up 23%, can it go higher? URGENT
BTTX Stock Price is so consistent, can it go higher?

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Qumu Corp (NASDAQ:QUMU)
reported that Harbert Discovery Fund, Lp has picked up 570,962 of common stock as of 2017-04-03.

The acquisition brings the aggregate amount owned by Harbert Discovery Fund, Lp to a total of 570,962 representing a 6.2% stake in the company.

For those not familiar with the company, Qumu Corporation (Qumu) is an enterprise video content management software company. The Company is engaged in providing tools businesses need to create, manage, secure, deliver and measure their videos. The Company operates through the enterprise video content management software business segment. Its video content management software solutions allow organizations to create, capture, organize and deliver content across the extended enterprise to a range of end points, including mobile devices and thick or thin clients. Qumu’s video platform supports both live and on-demand streaming. The Qumu platform is a video content management software solution that can be deployed as a perpetual software license, a term software license or a cloud-hosted software as a service (SaaS). Qumu Capture Studio is a portable software-enabled device that records, edits and publishes video and presentation content.

A glance at Qumu Corp (NASDAQ:QUMU)’s key stats reveals a current market capitalization of 26.02 Million based on 9.23 Million shares outstanding and a price at last close of $2.77 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-11-17, Madison picked up 3,250 at a purchase price of $2.95. This brings their total holding to 14,625 as of the date of the filing.

On the sell side, the most recent transaction saw Hotchkiss unload 1,875 shares at a sale price of $14.50. This brings their total holding to 4,625.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Qumu Corp (NASDAQ:QUMU) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.




Stay in the lopp :

Zomedica (ZOM) Stock May Get Attention After ...

Over the course of the year so far, the Zomedica (NYSEAMERICAN:ZOM) stock has had a rollercoaster run so far this year. At this

COBAF Positioned to Break Past the Crowd of L...

Put COBAF at the top of your WATCHLIST!

You will be thanking us later. Getting a position at these prices could

TWO STOCKS GO UP 109% in Two Trading Days!

Click HERE To Receive Exclusive, PRIVATE-PREMIUM STOCK PICKS & Possibly $250 (Yes we’re bribing you)


related post

Skip to content