RF Industries, Ltd. (NASDAQ:RFIL) Director Mark Keith Holdsworth Acquires 5,000 Shares

RF Industries, Ltd. (NASDAQ:RFILGet Free Report) Director Mark Keith Holdsworth acquired 5,000 shares of the stock in a transaction on Monday, September 30th. The shares were purchased at an average price of $3.94 per share, for a total transaction of $19,700.00. Following the transaction, the director now directly owns 57,229 shares in the company, valued at $225,482.26. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Mark Keith Holdsworth also recently made the following trade(s):

  • On Friday, September 27th, Mark Keith Holdsworth acquired 220 shares of RF Industries stock. The shares were purchased at an average price of $3.69 per share, for a total transaction of $811.80.

RF Industries Stock Performance

Shares of NASDAQ RFIL opened at $4.00 on Thursday. RF Industries, Ltd. has a 52 week low of $2.51 and a 52 week high of $4.65. The stock has a market capitalization of $41.98 million, a P/E ratio of -5.13 and a beta of 0.99. The stock’s fifty day moving average is $3.75 and its 200 day moving average is $3.46.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in RF Industries stock. Dimensional Fund Advisors LP increased its stake in RF Industries, Ltd. (NASDAQ:RFILFree Report) by 5.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 225,737 shares of the electronics maker’s stock after purchasing an additional 12,296 shares during the period. Dimensional Fund Advisors LP owned approximately 2.15% of RF Industries worth $788,000 as of its most recent filing with the SEC. 23.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. StockNews.com assumed coverage on RF Industries in a research report on Tuesday. They set a “hold” rating on the stock. B. Riley increased their price objective on RF Industries from $4.25 to $4.50 and gave the stock a “buy” rating in a research report on Tuesday, September 17th.

Get Our Latest Stock Analysis on RFIL

About RF Industries

(Get Free Report)

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.

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