Lynrock Lake Sells Another $2.2M of RADCOM, Stake Down to 14.6%
RDCM sits 27% above its 52-week low of $10.41 on light trading volume (0.3× avg).
Summary
Lynrock Lake LP sold another $2.2 million of RADCOM shares, continuing a multi-month exit that has reduced its stake to 14.6% following the resolution of its activist campaign.
Key Events · Ownership and Investor Activity · RDCM
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Lynrock Lake Sells $2.2M More
Between July 14 and July 24, Lynrock Lake sold 169,726 shares at prices ranging from $12.76 to $14.22, totaling approximately $2.2 million.
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Stake Reduced to 14.6%
Following these sales, Lynrock Lake now holds 2,439,026 shares, or 14.6% of outstanding shares, down from over 20% earlier this year.
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Cumulative Exit Exceeds $20M
Since April 2026, Lynrock Lake has sold over $20 million worth of RADCOM shares, unwinding its position after the activist campaign concluded with board changes in May.
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Activist Campaign Fully Resolved
The sales follow the May 2026 resignation of five directors and appointment of a new chairman, effectively ending Lynrock Lake's activist involvement.
Analysis · RDCM · Technology
Activist investor Lynrock Lake LP continues to exit RADCOM, selling an additional $2.2 million in shares over the past two weeks. This brings its total disclosed sales to over $20 million since April, reducing its stake to 14.6% from a peak of over 20%. The persistent selling by a formerly activist investor, combined with recent board resignations and governance changes, signals a complete unwinding of its involvement. While the sales are spread over many days and represent routine portfolio management for a fund, the cumulative reduction and the context of the activist campaign's resolution make this a notable negative signal for retail investors.
At the time of this filing, RDCM was trading at $13.25 on NASDAQ in the Technology sector, with a market capitalization of approximately $221.8M. The 52-week trading range was $10.41 to $16.74. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.