AudioCodes Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of AUDC?
Owner Type	Number of Shares	Ownership Percentage
State or Government	64,413	0.215%
VC/PE Firms	1,971,346	6.58%
Hedge Funds	2,580,448	8.62%
General Public	6,715,624	22.4%
Individual Insiders	6,911,957	23.1%
Institutions	11,705,844	39.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 72.98% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
15.4%	Shabtai Adlersberg	4,600,253	US$44.6m	0%	no data
8.62%	Senvest Management, LLC	2,580,448	US$25.0m	1.46%	0.67%
7.72%	Leon Bialik	2,311,704	US$22.4m	0%	no data
7.53%	Morgan Stanley, Investment Banking and Brokerage Investments	2,254,589	US$21.9m	0.61%	no data
6.58%	Value Base fund	1,971,346	US$19.1m	0%	no data
4.74%	Phoenix Investments & Finances Ltd	1,418,997	US$13.8m	0%	0.1%
4.09%	Acadian Asset Management LLC	1,224,113	US$11.9m	0%	0.03%
3.04%	Heartland Advisors, Inc.	910,500	US$8.8m	5.17%	0.45%
2.73%	The Vanguard Group, Inc.	818,360	US$7.9m	0%	no data
2.16%	Migdal Mutual Funds Ltd.	646,722	US$6.3m	11.1%	0.05%
1.32%	Taylor Frigon Capital Management LLC	395,911	US$3.8m	-10.4%	1.7%
1.13%	Arrowstreet Capital, Limited Partnership	339,694	US$3.3m	-1.13%	no data
0.83%	Harel Insurance Investments and Finances Services Ltd, Asset Management Arm	247,808	US$2.4m	-14.9%	0.02%
0.81%	William Blair Investment Management, LLC	241,392	US$2.3m	-82.7%	no data
0.79%	Walleye Capital LLC	235,281	US$2.3m	-9.43%	0.02%
0.73%	Dimensional Fund Advisors LP	218,436	US$2.1m	-1.24%	no data
0.64%	Dolphin 1 Investments Ltd.	190,353	US$1.8m	9.96%	1.71%
0.63%	ARK Investment Management LLC	188,538	US$1.8m	-6.75%	0.01%
0.56%	Citadel Advisors LLC	166,797	US$1.6m	70.8%	no data
0.55%	Assenagon Asset Management S.A.	165,598	US$1.6m	0%	no data
0.53%	D. E. Shaw & Co., L.P.	159,727	US$1.5m	-4.55%	no data
0.5%	More Investment House Ltd.	149,114	US$1.4m	38.5%	0.04%
0.48%	Psagot Mutual Funds Ltd.	144,117	US$1.4m	-3.8%	0.09%
0.47%	Millennium Management LLC	139,458	US$1.4m	37.6%	no data
0.46%	QSV Equity Investors, LLC	138,035	US$1.3m	0%	1.23%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 10:35
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AudioCodes Ltd. is covered by 14 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ryan MacWilliams	Barclays
Raimo Lenschow	Barclays
Tal Liani	BofA Global Research