Israeli investor Aviv Raiz on Thursday reported holding a 20.9% stake in Commtouch Software Ltd. (CTCH), according to a Schedule 13D filed with the U.S. Securities and Exchange Commission. Raiz beneficially owns about 15.94 million shares of Commtouch Software, a Santa Clara, Calif.-based provider of e-mail and other messaging services. Raiz said he acquired the shares for investment purposes. Commtouch's shares were trading Thursday morning at $1.96 each. -Brian Coyle, Dow Jones Newswires;
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.