Resonant Inc (NASDAQ:RESN) CFO Jeffrey A. Killian Sells 5,623 Shares

Resonant Inc (NASDAQ:RESN) CFO Jeffrey A. Killian sold 5,623 shares of the company’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $7.43, for a total transaction of $41,778.89. Following the completion of the transaction, the chief financial officer now owns 52,073 shares in the company, valued at $386,902.39. The transaction was disclosed in a filing with the SEC, which is available at this link.

Resonant Inc (NASDAQ RESN) opened at $6.97 on Friday. Resonant Inc has a one year low of $3.82 and a one year high of $8.55. The company has a market cap of $113.62, a PE ratio of -5.09 and a beta of 1.18.

A number of research analysts have issued reports on the stock. HC Wainwright set a $8.00 target price on shares of Resonant and gave the company a “buy” rating in a report on Tuesday, December 12th. Drexel Hamilton reaffirmed a “buy” rating and set a $8.00 price objective on shares of Resonant in a research note on Thursday, November 9th. Zacks Investment Research raised shares of Resonant from a “hold” rating to a “buy” rating and set a $5.50 price objective for the company in a research note on Tuesday, November 21st. Finally, National Securities initiated coverage on shares of Resonant in a research note on Tuesday, December 5th. They set a “buy” rating and a $14.00 price objective for the company. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Resonant has a consensus rating of “Buy” and an average target price of $8.70.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Westside Investment Management Inc. increased its stake 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 valued at $217,000 after acquiring an additional 1,250 shares during the last quarter. Stifel Financial Corp increased its stake 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 valued at $137,000 after acquiring an additional 20,500 shares during the last quarter. Finally, Concert Wealth Management Inc. acquired a new position in shares of Resonant during the 2nd quarter valued at about $1,542,000. 5.15% of the stock is owned by institutional investors.

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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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