Sonim Technologies Inc’s recent filing unveils that its 10% Owner LYTTON LAURENCE W unloaded Company’s shares for reported $0.7 million on Jun 26 ’25. In the deal valued at $1.50 per share,466,402 shares were sold. As a result of this transaction, LYTTON LAURENCE W now holds 400,514 shares worth roughly $0.49 million.
Then, LYTTON LAURENCE W sold 400,514 shares, generating $556,714 in total proceeds. Upon selling the shares at $1.39, the 10% Owner now owns 0 shares.
Before that, Becher Charles sold 31,326 shares. Sonim Technologies Inc shares valued at $45,423 were divested by the insider at a price of $1.45 per share. As a result of the transaction, Becher Charles now holds 62,668 shares, worth roughly $76454.95999999999.
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 fall -14.08% to $1.22. Over the last five days, the stock has gained 3.39%. Sonim Technologies Inc shares have fallen nearly -88.27% since the year began. Nevertheless, the stocks have fallen -61.33% over the past one year. While a 52-week high of $10.50 was reached on 01/15/25, a 52-week low of $0.85 was recorded on 05/28/25.
Levels Of Support And Resistance For SONM Stock
The 24-hour chart illustrates a support level at 1.1300, which if violated will result in even more drops to 1.0400. On the upside, there is a resistance level at 1.4000. A further resistance level may holdings at 1.5800.
How much short interest is there in Sonim Technologies Inc?
A steep rise in short interest was recorded in Sonim Technologies Inc stocks on 2025-06-13, growing by 0.22 million shares to a total of 0.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 20978.0 shares. There was a rise of 91.3%, which implies that there is a positive 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.
