Analyzing Sonim Technologies Inc (SONM) After Recent Trading Activity

In a filing, Sonim Technologies Inc revealed 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 $72694.87999999999.

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 $35911.28.

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 Friday, Sonim Technologies Inc [NASDAQ:SONM] saw its stock jump 16.00% to $1.16. Over the last five days, the stock has gained 25.41%. Sonim Technologies Inc shares have fallen nearly -63.23% since the year began. Nevertheless, the stocks have fallen -79.29% over the past one year. While a 52-week high of $10.70 was reached on 01/15/25, a 52-week low of $0.85 was recorded on 05/28/25. SMA at 50 days reached $1.4494, while 200 days put it at $2.5651.

Levels Of Support And Resistance For SONM Stock

The 24-hour chart illustrates a support level at 1.0267, which if violated will result in even more drops to 0.8933. On the upside, there is a resistance level at 1.2667. A further resistance level may holdings at 1.3733. The Relative Strength Index (RSI) on the 14-day chart is 50.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0747, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.51%. Stochastics %K at 60.98% indicates the stock is a holding.

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.

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