Akoustis Technologies Inc (NASDAQ:AKTS) has coverage initiated with a Buy rating and $10.00 price target

ME Staff
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Analyst Ratings For Akoustis Technologies Inc (NASDAQ:AKTS)

Today, Piper Jaffray Companies initiated coverage on Akoustis Technologies Inc (NASDAQ:AKTS) with a Buy with a price target of $10.00.

There are 6 Buy Ratings, no Strong Buy Ratings, no Sell Ratings, no Hold Ratings on the stock.

The current consensus rating on Akoustis Technologies Inc (NASDAQ:AKTS) is Buy with a consensus target price of $12.0833 per share, a potential 83.08% upside.

Some recent analyst ratings include

  • 10/10/2018-Akoustis Technologies Inc (NASDAQ:AKTS) has coverage initiated with a Buy rating and $10.00 price target
  • 8/30/2018-Akoustis Technologies Inc (NASDAQ:AKTS) has coverage initiated with a Outperform rating and $10.00 price target
  • 6/21/2018-Akoustis Technologies Inc (NASDAQ:AKTS) has coverage initiated with a Buy rating and $15.00 price target
  • 2/27/2018-Akoustis Technologies Inc (NASDAQ:AKTS) had its Buy rating reiterated by Northland Securities with a $12.50 price target
  • 2/9/2018-Akoustis Technologies Inc (NASDAQ:AKTS) has coverage initiated with a Buy ➝ Buy rating and $15.00 price target

Recent Insider Trading Activity For Akoustis Technologies Inc (NASDAQ:AKTS)
Akoustis Technologies Inc (NASDAQ:AKTS) has insider ownership of 22.60% and institutional ownership of 14.58%.

  • On 10/3/2018 Suzanne B Rudy, Director, sold 8,000 with an average share price of $7.45 per share and the total transaction amounting to $59,600.00.
  • On 9/28/2018 John T Kurtzweil, CFO, sold 12,500 with an average share price of $8.08 per share and the total transaction amounting to $101,000.00.
  • On 9/27/2018 David Aichele, VP, sold 1,388 with an average share price of $8.05 per share and the total transaction amounting to $11,173.40.
  • On 9/27/2018 Jeffrey B Shealy, CEO, sold 3,000 with an average share price of $8.26 per share and the total transaction amounting to $24,780.00.
  • On 9/20/2018 Jeffrey Mcmahon, Director, sold 3,230 with an average share price of $8.24 per share and the total transaction amounting to $26,615.20.
  • On 8/13/2018 David Aichele, VP, sold 3,700 with an average share price of $7.68 per share and the total transaction amounting to $28,416.00.
  • On 8/13/2018 Jeffrey B Shealy, CEO, sold 7,200 with an average share price of $7.67 per share and the total transaction amounting to $55,224.00.

About Akoustis Technologies Inc (NASDAQ:AKTS)
Akoustis Technologies, Inc., through its subsidiary, Akoustis, Inc., develops, designs, manufactures, and sells radio frequency (RF) filter products for the mobile wireless device industries in the United States. The company operates through two segments, Foundry Fabrication Services and RF Filters. The Foundry Fabrication Services segment provides engineering review services; and smart systems technology and commercialization center foundry, as well as manufacturing and microelectromechanical systems foundry services. The RF Filters segment consists of amplifier and filter products. It offers RF filters for mobile wireless devices, such as smartphones and tablets, cellular infrastructure equipment, and Wi-Fi premise equipment. Akoustis Technologies, Inc. is headquartered in Huntersville, North Carolina.

Recent Trading Activity for Akoustis Technologies Inc (NASDAQ:AKTS)
Shares of Akoustis Technologies Inc closed the previous trading session at 6,60 0,00 0,00 % with 79600 shares trading hands.