Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Sonim Technologies Inc shares valued at $45,423 were sold by Becher Charles on Apr 23 ’25. At $1.45 per share, Becher Charles sold 31,326 shares. The insider’s holdings dropped to 62,668 shares worth approximately $0.11 million following the completion of this transaction.
Also, MULICA MICHAEL C sold 27,818 shares, netting a total of over 40,336 in proceeds. Following the sale of shares at $1.45 each, the insider now holds 73,292 shares.
Before that, Crolius Clayton had sold 11,634 shares from its account. In a trade valued at $16,869, the Chief Financial Officer traded Sonim Technologies Inc shares for $1.45 each. Upon closing the transaction, the insider’s holdings decreased to 11,634 shares, worth approximately $54486.08.
As published in a research note from Oppenheimer on October 31, 2019, Sonim Technologies Inc [SONM] has been rated down from an Outperform to a Perform. Analysts at B. Riley FBR started covering the stock with ‘”a Buy”‘ outlook in a report released in mid July. As of July 09, 2019, National Securities has increased its “Neutral” rating to a “Buy” for SONM. Earlier on June 10, 2019, National Securities initiated its rating. Their recommendation was “a Neutral” for SONM stock.
Analyzing SONM Stock Performance
On last trading session,, Sonim Technologies Inc [NASDAQ: SONM] rose 39.68% to $1.76. The stock’s lowest price that day was $1.26, but it reached a high of $2.08 in the same session. During the last five days, there has been a surge of approximately 21.38%. Over the course of the year, Sonim Technologies Inc shares have dropped approximately -81.67%. Shares of the company reached a 52-week high of $6.3800 on 01/15/25 and a 52-week low of $0.8500 on 05/28/25.
Support And Resistance Levels for Sonim Technologies Inc (SONM)
According to the 24-hour chart, there is a support level at 1.3200, which, if violated, would cause prices to drop to 0.8800. In the upper region, resistance lies at 2.1400. The next price resistance is at 2.5200. RSI (Relative Strength Index) is 63.68 on the 14-day chart, showing neutral technical sentiment.
Is Sonim Technologies Inc subject to short interest?
Stocks of Sonim Technologies Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.22 million shares to 0.24 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 20978.0 shares. A jump of 91.3% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.69 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.69.
