Oppenheimer Downgrades Sonim Technologies Inc (SONM) to a Perform from an Outperform

Sonim Technologies Inc’s filing revealed that its insider Becher Charles unloaded Company’s shares for reported $45423.0 on Apr 23 ’25. In the deal valued at $1.45 per share,31,326 shares were sold. As a result of this transaction, Becher Charles now holds 62,668 shares worth roughly $62668.0.

Then, MULICA MICHAEL C sold 27,818 shares, generating $40,336 in total proceeds. Upon selling the shares at $1.45, the Director now owns 73,292 shares.

Before that, Crolius Clayton sold 11,634 shares. Sonim Technologies Inc shares valued at $16,869 were divested by the Chief Financial Officer at a price of $1.45 per share. As a result of the transaction, Crolius Clayton now holds 30,958 shares, worth roughly $30958.0.

Oppenheimer downgraded its Sonim Technologies Inc [SONM] rating to a Perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including B. Riley FBR’s analysts, who began to cover the stock in mid July with a ‘”a Buy”‘ rating. National Securities also remained covering SONM and has increased its forecast on July 09, 2019 with a “Buy” recommendation from previously “Neutral” rating. National Securities started covering the stock on June 10, 2019. It rated SONM as “a Neutral”.

Price Performance Review of SONM

On Monday, Sonim Technologies Inc [NASDAQ:SONM] saw its stock jump 9.34% to $1.00. Over the last five days, the stock has lost -33.22%. Sonim Technologies Inc shares have fallen nearly -68.46% since the year began. Nevertheless, the stocks have fallen -80.20% over the past one year.

How much short interest is there in Sonim Technologies Inc?

A steep rise in short interest was recorded in Sonim Technologies Inc stocks on 2025-04-30, dropping by 70875.0 shares to a total of 11188.0 shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 82063.0 shares. There was a decline of -633.49%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on June 04, 2019 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $18 price target.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.