Resonant Inc. (NASDAQ:RESN) CEO George B. Holmes sold 6,615 shares of the business’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $7.21, for a total value of $47,694.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Resonant Inc. (RESN) traded up $0.30 during trading on Tuesday, reaching $7.47. The company had a trading volume of 265,539 shares, compared to its average volume of 88,969. Resonant Inc. has a twelve month low of $3.82 and a twelve month high of $8.06.
Institutional investors have recently modified their holdings of the stock. Stifel Financial Corp increased its position in Resonant by 195.2% in the 3rd quarter. Stifel Financial Corp now owns 31,000 shares of the semiconductor company’s stock valued at $137,000 after buying an additional 20,500 shares in the last quarter. Westside Investment Management Inc. increased its position in Resonant by 2.9% in the 2nd quarter. Westside Investment Management Inc. now owns 44,600 shares of the semiconductor company’s stock valued at $217,000 after buying an additional 1,250 shares in the last quarter. Leisure Capital Management increased its position in Resonant by 25.2% in the 2nd quarter. Leisure Capital Management now owns 64,574 shares of the semiconductor company’s stock valued at $286,000 after buying an additional 13,003 shares in the last quarter. Finally, Concert Wealth Management Inc. bought a new stake in Resonant in the 2nd quarter valued at about $1,542,000. 5.15% of the stock is owned by institutional investors and hedge funds.
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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