Jeffrey A. Killian Sells 4,395 Shares of Resonant Inc. (RESN) Stock
Resonant Inc. (NASDAQ:RESN) CFO Jeffrey A. Killian sold 4,395 shares of Resonant stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $7.21, for a total transaction of $31,687.95. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of Resonant Inc. (NASDAQ RESN) traded up $0.30 on Tuesday, reaching $7.47. 265,539 shares of the company’s stock were exchanged, compared to its average volume of 88,969. Resonant Inc. has a 1 year low of $3.82 and a 1 year high of $8.06.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Concert Wealth Management Inc. bought a new position in Resonant in the second quarter valued at approximately $1,542,000. Leisure Capital Management lifted its stake in Resonant by 25.2% in the second 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. Westside Investment Management Inc. lifted its stake in Resonant by 2.9% in the second 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. Finally, Stifel Financial Corp lifted its stake in Resonant by 195.2% in the third 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. 5.15% of the stock is currently owned by hedge funds and other institutional investors.
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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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