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

Shares of Resonant Inc (RESN) traded down $0.08 during trading on Friday, hitting $7.27. The stock had a trading volume of 170,301 shares, compared to its average volume of 280,553. Resonant Inc has a 12 month low of $3.82 and a 12 month high of $8.55.

Several analysts recently issued reports on the company. HC Wainwright set a $8.00 price target on Resonant and gave the company a “buy” rating in a report on Tuesday, December 12th. Drexel Hamilton reiterated a “buy” rating and issued a $8.00 price target on shares of Resonant in a report on Thursday, November 9th. Zacks Investment Research upgraded Resonant from a “hold” rating to a “buy” rating and set a $5.50 target price for the company in a research note on Tuesday, November 21st. Finally, National Securities assumed coverage on Resonant in a research note on Tuesday, December 5th. They set a “buy” rating and a $14.00 target price for the company. Five analysts have rated the stock with a buy rating, Resonant presently has an average rating of “Buy” and an average target price of $8.70.

Institutional investors have recently made changes to their positions in the company. Stifel Financial Corp grew its stake in shares of Resonant by 195.2% during the third 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 in the last quarter. Westside Investment Management Inc. grew its stake in shares of Resonant by 2.9% during the second 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 in the last quarter. Finally, Concert Wealth Management Inc. acquired a new stake in shares of Resonant during the second quarter valued at about $1,542,000. Institutional investors 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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