RF Industries, Ltd. (RFIL) Director Marvin Fink Sells 4,616 Shares

RF Industries, Ltd. (NASDAQ:RFIL) Director Marvin Fink sold 4,616 shares of the firm’s stock in a transaction on Tuesday, January 8th. The shares were sold at an average price of $7.80, for a total value of $36,004.80. Following the sale, the director now directly owns 78,339 shares of the company’s stock, valued at $611,044.20. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Marvin Fink also recently made the following trade(s):

  • On Wednesday, January 2nd, Marvin Fink sold 2,000 shares of RF Industries stock. The shares were sold at an average price of $7.30, for a total value of $14,600.00.
  • On Friday, January 4th, Marvin Fink sold 5,860 shares of RF Industries stock. The shares were sold at an average price of $7.46, for a total value of $43,715.60.
  • On Thursday, December 26th, Marvin Fink sold 4,300 shares of RF Industries stock. The shares were sold at an average price of $6.59, for a total value of $28,337.00.
  • On Saturday, December 28th, Marvin Fink sold 4,000 shares of RF Industries stock. The shares were sold at an average price of $6.89, for a total value of $27,560.00.
  • On Friday, December 28th, Marvin Fink sold 4,000 shares of RF Industries stock. The shares were sold at an average price of $6.89, for a total value of $27,560.00.
  • On Wednesday, December 26th, Marvin Fink sold 4,300 shares of RF Industries stock. The shares were sold at an average price of $6.59, for a total value of $28,337.00.
  • On Friday, December 21st, Marvin Fink sold 2,000 shares of RF Industries stock. The shares were sold at an average price of $6.35, for a total value of $12,700.00.

RFIL stock opened at $7.87 on Friday. RF Industries, Ltd. has a fifty-two week low of $2.55 and a fifty-two week high of $12.75. The firm has a market cap of $74.81 million, a P/E ratio of 12.20 and a beta of 0.30.

RF Industries (NASDAQ:RFIL) last released its quarterly earnings results on Thursday, December 20th. The electronics maker reported $0.09 earnings per share for the quarter. RF Industries had a return on equity of 24.68% and a net margin of 10.36%. The firm had revenue of $9.89 million during the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 15th. Investors of record on Monday, December 31st will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Friday, December 28th. This represents a $0.08 dividend on an annualized basis and a yield of 1.02%.

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc boosted its holdings in RF Industries by 28.2% in the 3rd quarter. Vanguard Group Inc now owns 244,539 shares of the electronics maker’s stock valued at $1,736,000 after purchasing an additional 53,814 shares during the period. Marshall Wace LLP purchased a new position in RF Industries in the 3rd quarter worth $239,000. Vanguard Group Inc. raised its position in RF Industries by 28.2% in the 3rd quarter. Vanguard Group Inc. now owns 244,539 shares of the electronics maker’s stock worth $1,736,000 after purchasing an additional 53,814 shares during the period. Jane Street Group LLC purchased a new position in shares of RF Industries in the third quarter valued at about $144,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of RF Industries in the third quarter valued at about $257,000. 27.21% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: “RF Industries, Ltd. (RFIL) Director Marvin Fink Sells 4,616 Shares” was originally published by WKRB News and is the property of of WKRB News. If you are reading this news story on another site, it was stolen and republished in violation of US and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.wkrb13.com/2019/01/11/rf-industries-ltd-rfil-director-marvin-fink-sells-4616-shares.html.

About RF Industries

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States and internationally. The company's RF Connector and Cable Assembly division designs, manufactures, and distributes coaxial connectors and cable assemblies that are integrated with coaxial connectors.

Featured Story: What is Depreciation?

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

Receive News & Ratings for RF Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RF Industries and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply