Mark Keith Holdsworth Acquires 8,815 Shares of RF Industries, Ltd. (NASDAQ:RFIL) Stock

RF Industries, Ltd. (NASDAQ:RFIL) Director Mark Keith Holdsworth acquired 8,815 shares of the business’s stock in a transaction dated Friday, October 4th. The shares were purchased at an average price of $4.07 per share, with a total value of $35,877.05. Following the transaction, the director now 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 document filed with the SEC, which is available through this link.

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

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

RF Industries Stock Performance

Shares of NASDAQ RFIL opened at $4.10 on Friday. RF Industries, Ltd. has a fifty-two week low of $2.51 and a fifty-two week high of $4.65. The company has a market cap of $43.03 million, a price-to-earnings ratio of -5.26 and a beta of 0.99. The business’s 50 day moving average price is $3.75 and its 200-day moving average price is $3.47.

Institutional Trading of RF Industries

A hedge fund recently raised its stake in RF Industries stock. Dimensional Fund Advisors LP increased its stake in RF Industries, Ltd. (NASDAQ:RFIL) by 5.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 225,737 shares of the electronics maker’s stock after buying an additional 12,296 shares during the period. Dimensional Fund Advisors LP owned 2.15% of RF Industries worth $788,000 as of its most recent SEC filing. 23.49% of the stock is owned by institutional investors.

Analysts Set New Price Targets

RFIL has been the subject of a number of analyst reports. StockNews.com assumed coverage on RF Industries in a research report on Tuesday, October 1st. They issued a “hold” rating for the company. B. Riley lifted their price target on shares of RF Industries from $4.25 to $4.50 and gave the stock a “buy” rating in a research note on Tuesday, September 17th.

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.