Resonant Inc (RESN) Files Form 4 Insider Buying : John E Major Buys 33,500 Shares

Resonant Inc (RESN): John E Major , director of Resonant Inc purchased 33,500 shares on Apr 25, 2016. The Insider buying transaction was reported by the company on Apr 26, 2016 to the Securities and Exchange Commission. The shares were purchased at $2.98 per share for a total value of $99,997.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 18, 2015, John M Philpott (CFO) purchased 10,000 shares at $3.38 per share price.

Resonant Inc: On Friday, Apr 22, 2016 heightened volatility was witnessed in Resonant Inc which led to swings in the share price. The shares opened for trading at $2.94 and hit $3.3 on the upside , eventually ending the session at $3.3, with a gain of 13.60% or 0.395 points. The heightened volatility saw the trading volume jump to 1,38,304 shares. The 52-week high of the share price is $5.75 and the company has a market cap of $24 M . The 52-week low of the share price is at $1.69.

Resonant Inc Money Flow Index Chart

Resonant Inc. is a late-stage development company. The Company creates filter designs for radio frequency (RF) front-ends for the mobile device industry. It uses a technology it calls Infinite Synthesized Networks (ISN) to configure and connect acoustic resonators the building blocks of RF filters. ISN is a systematic process that employs a suite of circuit design methods and tools to create filters. It is engaged in developing its filter design a duplexer. It has produced a design in a laboratory setting for a two-band surface acoustic wave (SAW) filter electronically tunable between two alternate bands.

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