RF Industries, Inc. (NASDAQ:RFIL) Director William Reynolds Sells 30,076 Shares

RF Industries, Inc. (NASDAQ:RFIL) Director William Reynolds sold 30,076 shares of the firm’s stock in a transaction that occurred on Monday, March 19th. The stock was sold at an average price of $4.71, for a total transaction of $141,657.96. Following the sale, the director now directly owns 234,221 shares in the company, valued at approximately $1,103,180.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of RFIL traded up $0.20 during mid-day trading on Wednesday, reaching $4.85. 48,257 shares of the company’s stock were exchanged, compared to its average volume of 111,464. The firm has a market cap of $40.61, a PE ratio of 45.25 and a beta of 0.19. RF Industries, Inc. has a 52-week low of $1.40 and a 52-week high of $5.50.

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RF Industries (NASDAQ:RFIL) last announced its earnings results on Tuesday, March 13th. The electronics maker reported $0.05 earnings per share (EPS) for the quarter. RF Industries had a net margin of 2.97% and a return on equity of 4.49%. The business had revenue of $10.34 million for the quarter.

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, April 15th. Investors of record on Saturday, March 31st will be given a $0.02 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $0.08 dividend on an annualized basis and a yield of 1.65%.

A hedge fund recently raised its stake in RF Industries stock. Renaissance Technologies LLC boosted its position in RF Industries, Inc. (NASDAQ:RFIL) by 4.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 680,853 shares of the electronics maker’s stock after buying an additional 26,453 shares during the period. Renaissance Technologies LLC owned approximately 7.68% of RF Industries worth $1,838,000 as of its most recent SEC filing. 19.05% of the stock is owned by institutional investors and hedge funds.

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About RF Industries

RF Industries, Ltd. is engaged in the design, manufacture and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. It operates through two segments: RF Connector and Cable Assembly, which consists of Connector and Cable Assembly Division, and the Custom Cabling Manufacturing and Assembly, which consists of subsidiaries, including Cables Unlimited, Inc (Cables Unlimited,) Comnet Telecom Supply, Inc (Comnet) and Rel-Tech Electronics, Inc (Rel-Tech).

Insider Buying and Selling by Quarter for RF Industries (NASDAQ:RFIL)

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