Sonim Technologies Inc [SONM] Shares Fall -4.16 % on Wednesday

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Sonim Technologies Inc shares valued at $699,603 were sold by LYTTON LAURENCE W on Jun 26 ’25. At $1.50 per share, LYTTON LAURENCE W sold 466,402 shares. The insider’s holdings dropped to 400,514 shares worth approximately $0.26 million following the completion of this transaction.

Also, LYTTON LAURENCE W sold 400,514 shares, netting a total of over 556,714 in proceeds. Following the sale of shares at $1.39 each, the insider now holds 0 shares.

Before that, Becher Charles had sold 31,326 shares from its account. In a trade valued at $45,423, the insider traded Sonim Technologies Inc shares for $1.45 each. Upon closing the transaction, the insider’s holdings decreased to 31,326 shares, worth approximately $40734.200000000004.

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] plunged -4.16% to $0.65. The stock’s lowest price that day was $0.6363, but it reached a high of $0.6868 in the same session. During the last five days, there has been a drop of approximately -48.28%. Over the course of the year, Sonim Technologies Inc shares have dropped approximately -93.48%. Shares of the company reached a 52-week high of $6.3800 on 01/15/25 and a 52-week low of $0.6000 on 07/01/25.

Support And Resistance Levels for Sonim Technologies Inc (SONM)

According to the 24-hour chart, there is a support level at 0.6297, which, if violated, would cause prices to drop to 0.6078. In the upper region, resistance lies at 0.6802. The next price resistance is at 0.7088. RSI (Relative Strength Index) is 38.67 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.

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