Resonant Inc (NASDAQ:RESN) CFO Jeffrey A. Killian sold 4,395 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $7.21, for a total transaction of $31,687.95. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Shares of Resonant Inc (NASDAQ:RESN) traded down $0.12 on Friday, hitting $6.91. The company’s stock had a trading volume of 310,300 shares, compared to its average volume of 90,711. Resonant Inc has a twelve month low of $3.82 and a twelve month high of $8.06.
A number of equities research analysts have recently weighed in on the company. National Securities assumed coverage on Resonant in a research note on Tuesday. They set a “buy” rating and a $14.00 price target on the stock. HC Wainwright set a $8.00 price objective on Resonant and gave the stock a “buy” rating in a research report on Thursday, November 30th. Zacks Investment Research upgraded Resonant from a “hold” rating to a “buy” rating and set a $5.50 price objective on the stock in a research report on Tuesday, November 21st. Finally, Drexel Hamilton reaffirmed a “buy” rating and set a $8.00 target price on shares of Resonant in a research note on Thursday, November 9th. Five investment analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of $8.70.
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Resonant Company Profile
Resonant Inc is a late-stage development company. The Company creates filter designs for radio frequency (RF) front-ends for the mobile device industry. The RF front-end is the circuitry in a mobile device for analog signal processing and is located between the device’s antenna and its digital baseband.
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