Resonant Inc (RESN) CFO Sells $31,687.95 in Stock

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.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RESN. Concert Wealth Management Inc. purchased a new position in shares of Resonant during the 2nd quarter worth $1,542,000. Stifel Financial Corp grew its holdings in shares of Resonant by 195.2% during the 3rd quarter. Stifel Financial Corp now owns 31,000 shares of the semiconductor company’s stock worth $137,000 after purchasing an additional 20,500 shares during the period. Leisure Capital Management grew its holdings in shares of Resonant by 25.2% during the 2nd quarter. Leisure Capital Management now owns 64,574 shares of the semiconductor company’s stock worth $286,000 after purchasing an additional 13,003 shares during the period. Finally, Westside Investment Management Inc. grew its holdings in shares of Resonant by 2.9% during the 2nd quarter. Westside Investment Management Inc. now owns 44,600 shares of the semiconductor company’s stock worth $217,000 after purchasing an additional 1,250 shares during the period. Institutional investors and hedge funds own 5.15% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Resonant (NASDAQ:RESN)

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