RF Industries, Ltd. (NASDAQ:RFIL) Director Purchases $35,877.05 in Stock

RF Industries, Ltd. (NASDAQ:RFIL) Director Mark Keith Holdsworth bought 8,815 shares of the business’s stock in a transaction on Friday, October 4th. The stock was bought at an average price of $4.07 per share, for a total transaction of $35,877.05. Following the transaction, the director now directly owns 84,944 shares of the company’s stock, valued at approximately $345,722.08. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Wednesday, October 2nd, Mark Keith Holdsworth bought 8,800 shares of RF Industries stock. The stock was bought at an average price of $3.97 per share, for a total transaction of $34,936.00.
• On Monday, September 30th, Mark Keith Holdsworth bought 5,000 shares of RF Industries stock. The stock was bought at an average price of $3.94 per share, for a total transaction of $19,700.00.
• On Friday, September 27th, Mark Keith Holdsworth bought 220 shares of RF Industries stock. The stock was bought at an average price of $3.69 per share, for a total transaction of $811.80.

RF Industries Stock Performance

RFIL stock opened at $4.10 on Monday. The company has a fifty day moving average price of $3.75 and a 200-day moving average price of $3.47. The company has a market capitalization of $43.03 million, a P/E ratio of -5.26 and a beta of 0.99. RF Industries, Ltd. has a 52-week low of $2.51 and a 52-week high of $4.65.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on RFIL. StockNews.com began coverage on shares of RF Industries in a research report on Tuesday, October 1st. They issued a “hold” rating on the stock. 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 research note on Tuesday, September 17th.

Hedge Funds Weigh In On RF Industries

An institutional investor recently raised its position in RF Industries stock. Dimensional Fund Advisors LP grew its holdings in shares of RF Industries, Ltd. (NASDAQ:RFIL) by 5.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 225,737 shares of the electronics maker’s stock after acquiring an additional 12,296 shares during the period. Dimensional Fund Advisors LP owned about 2.15% of RF Industries worth $788,000 as of its most recent SEC filing. Institutional investors own 23.49% of the company’s stock.

RF Industries Company Profile

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.