Sonim Technologies Inc (NASDAQ: SONM) is -86.35% lower on its value in year-to-date trading and has touched a low of $0.85 and a high of $10.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SONM stock was last observed hovering at around $1.76 in the last trading session, with the day’s gains setting it 2.12%.
Currently trading at $3.88M, the stock is 18.50% and 13.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.28 million and changing 3277792% at the moment leaves the stock -42.76% off its SMA200. SONM registered -54.99% loss for a year compared to 6-month loss of -57.49%.
The stock witnessed a 51.06% gain in the last 1 month and extending the period to 3 months gives it a -39.06%, and is 11.81% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 36.59% over the week and 20.58% over the month.
Sonim Technologies Inc (SONM) has around 160 employees, a market worth around $14.68M and $58.24M in sales. Profit margin for the company is -52.00%. Distance from 52-week low is 67.06% and -86.48% from its 52-week high.
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Sonim Technologies Inc (SONM) Top Institutional Holders
The shares outstanding are 6.33M, and float is at 5.91M with Short Float at 4.08%.
The top institutional shareholder in the company is SICART ASSOCIATES LLC with over 0.41 million shares valued at $0.41 million. The investor’s holdings represent 0.942% of the SONM Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 0.3 million shares valued at $0.3 million to account for 0.6948 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 0.2 million shares representing 0.4725% and valued at over $0.2 million, while COMMONWEALTH EQUITY SERVICES, LLC holds 0.1118 of the shares totaling 48308.0 with a market value of $48000.0.
Sonim Technologies Inc (SONM) Insider Activity
The most recent transaction is an insider sale by Becher Charles. SEC filings show that Becher Charles sold 31,326 shares of the company’s common stock on Apr 23 ’25 at a price of $1.45 per share for a total of $45423.0. Following the sale, the insider now owns 62668.0 shares.
Sonim Technologies Inc disclosed in a document filed with the SEC on Apr 23 ’25 that MULICA MICHAEL C (Director) sold a total of 27,818 shares of the company’s common stock. The trade occurred on Apr 23 ’25 and was made at $1.45 per share for $40336.0. Following the transaction, the insider now directly holds 73292.0 shares of the SONM stock.
Still, SEC filings show that on Apr 23 ’25, Crolius Clayton (Chief Financial Officer) disposed off 11,634 shares at an average price of $1.45 for $16869.0. The insider now directly holds 30,958 shares of Sonim Technologies Inc (SONM).
