AudioCodes Ltd (AUDC) shareholders
AUDCNasdaqTelephone & Telegraph ApparatusFiscal year ends December 31
$9.07−0.03 (-0.33%)
Close on Nov 13, 2026Market cap $245.70MP/E 29.3Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
35.7%
10M of 27M shares
Institutional holders
67
14 new, 6 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
5 buys · 16 sales
Net sold $357.86K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Shabtai Adlersberg | 4,742,253 | 17.50% | 13G (passive) amendment | Dec 31, 2025 |
| Value Base Fund Management Ltd. for Value Base Fund General Partner Ltd., acting as the general partner to Value Base Fund Limited Partnership Joint filing with Value Base Ltd. (11.54%), Victor Shamrich (11.54%) and 1 more | 3,093,136 | 11.54% | 13G (passive) amendment | Mar 31, 2026 |
| Victor Shamrich Joint filing with Value Base Ltd. (10.41%), Ido Nouberger (10.41%) and 1 more | 2,790,432 | 10.41% | 13G (passive) amendment | Feb 4, 2026 |
| Ido Nouberger Joint filing with Value Base Ltd. (8.14%), Victor Shamrich (8.14%) and 1 more | 2,458,674 | 8.14% | 13G (passive) amendment | Dec 31, 2024 |
| Leon Bialik | 2,263,019 | 8.40% | 13G (passive) amendment | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of AUDC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Value Base Ltd. | 2,628,864 | 9.70% | $25.45M | – | 15.67% |
| Acadian Asset Management LLC | 1,162,407 | 4.29% | $11.23M | −858 | 0.01% |
| Morgan Stanley | 1,064,936 | 3.93% | $10.31M | −19,130 | 0.00% |
| Heartland Advisors Inc | 917,650 | 3.39% | $8.88M | −48,084 | 0.40% |
| Arrowstreet Capital, Limited Partnership | 728,747 | 2.69% | $7.04M | −11,813 | 0.00% |
| Marshall Wace, Llp | 336,181 | 1.24% | $3.25M | +134,099 | 0.00% |
| Jane Street Group, LLC | 251,863 | 0.93% | $2.44M | +196,403 | 0.00% |
| ARK Investment Management LLC | 246,438 | 0.91% | $2.39M | −8,396 | 0.02% |
| Dimensional Fund Advisors LP | 241,808 | 0.89% | $2.34M | +5,260 | 0.00% |
| Assenagon Asset Management S.A. | 236,630 | 0.87% | $2.28M | +88,056 | 0.00% |
| Two Sigma Investments, LP | 174,741 | 0.65% | $1.69M | +46,744 | 0.00% |
| UBS Group AG | 171,616 | 0.63% | $1.66M | +36,051 | 0.00% |
| Trexquant Investment LP | 166,736 | 0.62% | $1.61M | +5,743 | 0.01% |
| Goldman Sachs Group Inc | 162,019 | 0.60% | $1.57M | +123,070 | 0.00% |
| Citadel Advisors LLC | 149,033 | 0.55% | $1.44M | +20,498 | 0.00% |
| Millennium Management LLC | 126,617 | 0.47% | $1.23M | +93,599 | 0.00% |
| Altshuler Shaham Ltd | 94,899 | 0.35% | $913.62K | New | 0.01% |
| Bank of New York Mellon Corp | 90,247 | 0.33% | $873.59K | +4,849 | 0.00% |
| Connor, Clark & Lunn Investment Management Ltd. | 81,993 | 0.30% | $788.83K | −3,337 | 0.00% |
| D. E. Shaw & Co., Inc. | 64,946 | 0.24% | $628.68K | −55,345 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 67 | 10M | 35.7% | 14 / 17 | 20 / 6 | 1M | 0M |
| Q1 2026 | 59 | 9M | 32.9% | 6 / 18 | 17 / 12 | 1M | 2M |
| Q4 2025 | 67 | 10M | 36.3% | 9 / 21 | 23 / 8 | 1M | 1M |
| Q3 2025 | 68 | 10M | 38.1% | 14 / 18 | 18 / 5 | 1M | 1M |
| Q2 2025 | 60 | 11M | 40.2% | 7 / 11 | 29 / 7 | 0M | 1M |
| Q1 2025 | 60 | 12M | 43.8% | 5 / 21 | 16 / 6 | 0M | 1M |
| Q4 2024 | 62 | 13M | 47.0% | 8 / 13 | 28 / 14 | 2M | 2M |
| Q3 2024 | 69 | 12M | 43.8% | 6 / 23 | 21 / 9 | 1M | 2M |
| Q2 2024 | 73 | 13M | 48.8% | 7 / 20 | 25 / 14 | 1M | 5M |
| Q1 2024 | 80 | 18M | 64.7% | 10 / 24 | 28 / 11 | 3M | 1M |
| Q4 2023 | 81 | 15M | 55.6% | 13 / 24 | 33 / 15 | 4M | 2M |
| Q3 2023 | 84 | 13M | 48.0% | 15 / 16 | 41 / 24 | 3M | 6M |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Shabtai Adlersberg | President and CEO | 4,985,192 | 18.40% | Nov 12, 2026 |
| Lior Aldema | EVP and Chief Business Officer | 104,065 | 0.38% | Aug 11, 2026 |
| Niran Baruch | Chief Financial Officer | 99,375 | 0.37% | Aug 11, 2026 |
| Shira Birenbaum | Director | 46,250 | 0.17% | Sep 10, 2026 |
| Itay Makov | Director | 20,000 | 0.07% | Sep 10, 2026 |
| Joseph Tenne | Director | 94,500 | 0.35% | Sep 10, 2026 |
| Doron Nevo | Director | 60,000 | 0.22% | Sep 10, 2026 |
| Zehava Simon | Director | 80,000 | 0.30% | Sep 10, 2026 |
| Stanley Stern | Director | 80,000 | 0.30% | Sep 10, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Shabtai Adlersberg President and CEO | Nov 11, 2026 | Buy | +2,000 | $8.67 | $17.33K | 4,985,192 |
| Shabtai Adlersberg President and CEO | Nov 10, 2026 | Buy | +5,000 | $8.46 | $42.32K | 4,983,192 |
| Shabtai Adlersberg President and CEO | Nov 9, 2026 | Buy | +10,000 | $8.38 | $83.75K | 4,978,192 |
| Shabtai Adlersberg President and CEO | Nov 6, 2026 | Buy | +5,939 | $7.87 | $46.75K | 4,968,192 |
| Shabtai Adlersberg President and CEO | Nov 5, 2026 | Buy | +10,000 | $7.94 | $79.39K | 4,962,253 |
| Shabtai Adlersberg President & CEO | Sep 14, 2026 | Award | +80,000 | – | – | 4,952,253 |
| Doron Nevo Director | Sep 9, 2026 | Award | +10,000 | – | – | 60,000 |
| Joseph Tenne Director | Sep 9, 2026 | Award | +10,000 | – | – | 94,500 |
| Itay Makov Director | Sep 9, 2026 | Award | +10,000 | – | – | 20,000 |
| Zehava Simon Director | Sep 9, 2026 | Award | +10,000 | – | – | 80,000 |
| Shira Birenbaum Director | Sep 9, 2026 | Award | +10,000 | – | – | 46,250 |
| Stanley Stern Director | Sep 9, 2026 | Award | +10,000 | – | – | 80,000 |
| Zehava Simon Director | Sep 1, 2026 | Sale | −27,000 | $9.91 | $267.57K | 0 |
| Zehava Simon Director | Aug 31, 2026 | Sale | −6,000 | $10.03 | $60.18K | 27,000 |
| Niran Baruch Chief Financial Officer | Aug 10, 2026 | Sale(10b5-1 plan) | −1,875 | $9.99 | $18.73K | 99,375 |
| Lior Aldema EVP and Chief Business Officer | Aug 10, 2026 | Sale(10b5-1 plan) | −2,812 | $9.98 | $28.06K | 104,065 |
| Niran Baruch Chief Financial Officer | Aug 6, 2026 | Sale(10b5-1 plan) | −1,875 | $9.95 | $18.66K | 101,250 |
| Lior Aldema EVP and Chief Business Officer | Aug 6, 2026 | Sale(10b5-1 plan) | −2,812 | $9.95 | $27.98K | 106,877 |
| Niran Baruch Chief Financial Officer | Aug 5, 2026 | Sale(10b5-1 plan) | −1,875 | $9.84 | $18.45K | 103,125 |
| Lior Aldema EVP and Chief Business Officer | Aug 5, 2026 | Sale(10b5-1 plan) | −2,812 | $9.86 | $27.73K | 109,689 |
| Niran Baruch Chief Financial Officer | May 8, 2026 | Sale(10b5-1 plan) | −1,875 | $8.34 | $15.64K | 105,000 |
| Lior Aldema EVP and Chief Business Officer | May 8, 2026 | Sale(10b5-1 plan) | −2,813 | $8.34 | $23.46K | 112,501 |
| Niran Baruch Chief Financial Officer | May 6, 2026 | Sale(10b5-1 plan) | −1,875 | $8.52 | $15.98K | 106,875 |
| Lior Aldema EVP and Chief Business Officer | May 6, 2026 | Sale(10b5-1 plan) | −2,813 | $8.53 | $23.99K | 115,314 |
| Niran Baruch Chief Financial Officer | May 5, 2026 | Sale(10b5-1 plan) | −1,875 | $8.57 | $16.07K | 108,750 |
| Lior Aldema EVP and Chief Business Officer | May 5, 2026 | Sale(10b5-1 plan) | −2,813 | $8.56 | $24.08K | 118,127 |
| Niran Baruch Chief Financial Officer | May 4, 2026 | Award | +30,000 | – | – | 110,625 |
| Lior Aldema EVP and Chief Business Officer | May 4, 2026 | Award | +45,000 | – | – | 120,940 |
| Niran Baruch Chief Financial Officer | Apr 28, 2026 | Sale(10b5-1 plan) | −1,875 | $8.71 | $16.33K | 80,625 |
| Lior Aldema EVP and Chief Business Officer | Apr 28, 2026 | Sale(10b5-1 plan) | −2,813 | $8.71 | $24.50K | 75,940 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
1.67%
0M shares short
Days to cover
3.5
At 0M shares a day
Change since last report
+6.2%
From 0M shares
Short volume, 20 days
39.3%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of AudioCodes's stock actually held short. Settlement fails (shares not delivered on time) peaked at 517 shares on Oct 5, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Zehava Simon Director | Sep 1, 2026 | 33,000 | $337.26K | Aug 31, 2026 | Shares issued upon vesting of RSUs |
| Lior Aldema Officer | Aug 5, 2026 | 8,436 | $84.70K | Aug 5, 2026 | Shares issued upon vesting of RSUs |
| Niran Baruch Officer | Aug 5, 2026 | 5,625 | $56.48K | Aug 5, 2026 | Shares issued upon vesting of RSUs |
| Lior Aldema Officer | Apr 28, 2026 | 11,252 | $99.81K | Apr 28, 2026 | Restricted Stock Units |
| Lior Aldema Officer | Mar 5, 2026 | 7,736 | $58.99K | Mar 4, 2026 | Restricted Stock Units |
| Niran Baruch Officer | Mar 5, 2026 | 13,125 | $100.08K | Mar 4, 2026 | Restricted Stock Units |
| Niran Baruch Officer | Nov 26, 2025 | 11,250 | $97.54K | Nov 26, 2025 | Restricted Stock Units |
| Lior Aldema Officer | Nov 26, 2025 | 16,873 | $146.29K | Nov 26, 2025 | Restricted Stock Units |
| Lior Aldema Officer | Oct 28, 2025 | 8,439 | $76.37K | Oct 28, 2025 | Restricted Stock Units |
| Niran Baruch Officer | Oct 28, 2025 | 5,625 | $50.91K | Oct 28, 2025 | Restricted Stock Units |
| Niran Baruch Officer | Jul 28, 2025 | 5,625 | $58.89K | Jul 28, 2025 | Restricted Stock Units |
| Lior Aldema Officer | Jul 28, 2025 | 8,436 | $88.32K | Jul 28, 2025 | Restricted Stock Units |
| Itman Yehiel filled by mistake | Jun 17, 2025 | 0 | $0 | Jun 9, 2025 | N/A |
| Itman Yehiel Officer | Jun 10, 2025 | 2,000 | $26.30K | Jun 9, 2025 | Restricted Stock Units |
| Niran Baruch Officer | Feb 20, 2025 | 18,750 | $217.31K | Feb 19, 2025 | Restricted Stock Units |
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