Resonant Inc (NASDAQ:RESN) Quarterly Sentiment Change Report

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Sentiment for Resonant Inc (NASDAQ:RESN)

Resonant Inc (NASDAQ:RESN) institutional sentiment increased to 4.33 in 2018 Q2. Its up 2.88, from 1.45 in 2018Q1. The ratio increased, as 26 investment managers increased and started new positions, while 6 sold and reduced stock positions in Resonant Inc. The investment managers in our partner’s database now hold: 9.40 million shares, up from 2.41 million shares in 2018Q1. Also, the number of investment managers holding Resonant Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 3 Increased: 12 New Position: 14.

Resonant Inc., a late-stage development company, creates software tools, and intellectual property and licensable blocks that enable the development of filter creates for radio frequency front-ends used in the mobile device industry in the United States. The company has market cap of $48.76 million. It uses Infinite Synthesized Networks technology to configure and connect resonators, the building blocks of RF filters. It currently has negative earnings. The firm develops duplexer, a single-band filter design for mobile devices; and multiplexer filter creates for two or more bands to address the carrier aggregation, as well as reconfigurable filter creates for various RF frequency bands.

The stock decreased 6.25% or $0.12 during the last trading session, reaching $1.8. About 395,408 shares traded or 32.19% up from the average. Resonant Inc. (NASDAQ:RESN) has declined 11.63% since December 1, 2017 and is downtrending. It has underperformed by 27.25% the S&P500.

Doheny Asset Management Ca holds 1.98% of its portfolio in Resonant Inc. for 646,475 shares. Institute For Wealth Management Llc. owns 484,565 shares or 0.87% of their US portfolio. Moreover, Hood River Capital Management Llc has 0.37% invested in the company for 1.29 million shares. The California-based Leisure Capital Management has invested 0.27% in the stock. Sigma Planning Corp, a Michigan-based fund reported 136,200 shares.

Since January 1, 0001, it had 1 buying transaction, and 11 selling transactions for $411,111 activity.

More notable recent Resonant Inc. (NASDAQ:RESN) news were published by: Nasdaq.com which released: “Close Update: Wall Street Weighed Down by Apple, Banking Sector as Dow Slips Under 200 DMA – Nasdaq” on November 14, 2018, also Stockhouse.com with their article: “Resonant Inc. to Present at the Craig-Hallum 9th Annual Alpha Select Conference – Stockhouse” published on November 08, 2018, Seekingalpha.com published: “Resonant: Oversold And Misunderstood – Seeking Alpha” on November 16, 2018. More interesting news about Resonant Inc. (NASDAQ:RESN) were released by: Seekingalpha.com and their article: “Resonant Inc. (RESN) CEO George Holmes on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 13, 2018 as well as Globenewswire.com‘s news article titled: “Resonant Inc. Initiates $4 Million Stock Repurchase Program – GlobeNewswire” with publication date: November 26, 2018.

Resonant Inc. (NASDAQ:RESN) Institutional Positions Chart

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