RF Industries, Ltd. (NASDAQ:RFIL) Director Gerald T. Garland sold 2,195 shares of the stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $8.01, for a total value of $17,581.95. Following the completion of the sale, the director now owns 32,340 shares in the company, valued at $259,043.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of NASDAQ RFIL traded up $0.21 during midday trading on Friday, hitting $8.53. The company’s stock had a trading volume of 68,048 shares, compared to its average volume of 30,469. RF Industries, Ltd. has a 12-month low of $5.14 and a 12-month high of $12.75. The company has a market cap of $79.82 million, a price-to-earnings ratio of 11.54 and a beta of 0.22.

RF Industries (NASDAQ:RFIL) last issued its quarterly earnings results on Tuesday, March 12th. The electronics maker reported $0.07 earnings per share for the quarter. The firm had revenue of $10.65 million for the quarter. RF Industries had a return on equity of 23.81% and a net margin of 10.63%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Municipal Employees Retirement System of Michigan purchased a new position in RF Industries during the 4th quarter worth $267,000. Vanguard Group Inc. increased its holdings in RF Industries by 28.2% during 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. Acadian Asset Management LLC increased its holdings in RF Industries by 5.5% during the 4th quarter. Acadian Asset Management LLC now owns 121,040 shares of the electronics maker’s stock worth $879,000 after purchasing an additional 6,322 shares during the period. Vanguard Group Inc increased its holdings in RF Industries by 28.2% during 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. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in RF Industries during the 4th quarter worth $712,000. Institutional investors own 29.55% of the company’s stock.

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RF Industries Company Profile

RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Mexico, 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.

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

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