StockNews.com initiated coverage on shares of RF Industries (NASDAQ:RFIL – Free Report) in a report published on Tuesday. The brokerage issued a hold rating on the electronics maker’s stock.
Separately, B. Riley raised their price target on shares of RF Industries from $4.25 to $4.50 and gave the company a buy rating in a report on Tuesday, September 17th.
Check Out Our Latest Research Report on RFIL
RF Industries Trading Up 1.2 %
Insider Transactions at RF Industries
In other RF Industries news, Director Mark Keith Holdsworth bought 8,815 shares of the business’s stock in a transaction that occurred on Friday, October 4th. The stock was bought at an average cost of $4.07 per share, for a total transaction of $35,877.05. Following the completion of the transaction, the director now owns 84,944 shares of the company’s stock, valued at $345,722.08. This represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have bought a total of 22,835 shares of company stock worth $91,325 in the last ninety days. Insiders own 12.20% of the company’s stock.
Institutional Inflows and Outflows
An institutional investor recently raised its position in RF Industries stock. Dimensional Fund Advisors LP increased its holdings in shares of RF Industries, Ltd. (NASDAQ:RFIL – Free Report) by 5.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 225,737 shares of the electronics maker’s stock after purchasing an additional 12,296 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.15% of RF Industries worth $788,000 at the end of the most recent reporting period. 23.49% of the stock is currently owned by institutional investors.
About RF Industries
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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