Mark Keith Holdsworth Buys 7,009 Shares of RF Industries, Ltd. (NASDAQ:RFIL) Stock

RF Industries, Ltd. (NASDAQ:RFIL) Director Mark Keith Holdsworth purchased 7,009 shares of the business’s stock in a transaction on Tuesday, October 15th. The stock was acquired at an average cost of $4.00 per share, with a total value of $28,036.00. Following the completion of the acquisition, the director now directly owns 91,953 shares in the company, valued at $367,812. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, October 4th, Mark Keith Holdsworth acquired 8,815 shares of RF Industries stock. The stock was acquired at an average cost of $4.07 per share, for a total transaction of $35,877.05.
• On Wednesday, October 2nd, Mark Keith Holdsworth bought 8,800 shares of RF Industries stock. The shares were acquired at an average cost of $3.97 per share, with a total value of $34,936.00.
• On Monday, September 30th, Mark Keith Holdsworth bought 5,000 shares of RF Industries stock. The shares were acquired at an average price of $3.94 per share, with a total value of $19,700.00.
• On Friday, September 27th, Mark Keith Holdsworth purchased 220 shares of RF Industries stock. The stock was bought at an average cost of $3.69 per share, for a total transaction of $811.80.

RF Industries Price Performance

Shares of RFIL opened at $4.12 on Friday. The company has a 50-day moving average of $3.80 and a two-hundred day moving average of $3.53. The stock has a market cap of $43.24 million, a price-to-earnings ratio of -5.28 and a beta of 0.99. RF Industries, Ltd. has a one year low of $2.51 and a one year high of $4.65.

RF Industries (NASDAQ:RFIL) last posted its quarterly earnings data on Monday, September 16th. The electronics maker reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.07). RF Industries had a negative return on equity of 4.28% and a negative net margin of 11.58%. The firm had revenue of $16.84 million during the quarter, compared to analyst estimates of $17.84 million. Analysts anticipate that RF Industries, Ltd. will post -0.08 earnings per share for the current year.

Institutional Trading of RF Industries

An institutional investor recently raised its position in RF Industries stock. Dimensional Fund Advisors LP increased its holdings in RF Industries, Ltd. (NASDAQ:RFIL) by 5.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent reporting period. Hedge funds and other institutional investors own 23.49% of the company’s stock.

Analyst Ratings Changes

RFIL has been the topic of a number of recent research reports. B. Riley lifted their target price on RF Industries from $4.25 to $4.50 and gave the stock a “buy” rating in a report on Tuesday, September 17th. StockNews.com initiated coverage on RF Industries in a research report on Thursday. They issued a “hold” rating for the company.

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.