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.

RESN has been the topic of several recent analyst reports. HC Wainwright set a $8.00 price objective on shares of Resonant and gave the stock a “buy” rating in a research note on Thursday, October 26th. Zacks Investment Research raised shares of Resonant from a “hold” rating to a “buy” rating and set a $5.50 price objective on the stock in a research note on Tuesday, November 21st. Drexel Hamilton reissued a “buy” rating and set a $8.00 price objective on shares of Resonant in a research note on Thursday, November 9th. Finally, National Securities initiated coverage on shares of Resonant in a research note on Tuesday. They set a “buy” rating and a $14.00 price objective on the stock. Five investment analysts have rated the stock with a buy rating, Resonant presently has a consensus rating of “Buy” and an average price target of $8.70.

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About Resonant

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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