Akoustis TechnologiesAKTS
Market Cap: $7M
About: Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.
Employees: 222
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
20.55% less ownership
Funds ownership: 41.47% [Q1] → 20.92% (-20.55%) [Q2]
22% less funds holding
Funds holding: 116 [Q1] → 90 (-26) [Q2]
46% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 35
58% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 45
88% less capital invested
Capital invested by funds: $24.2M [Q1] → $3.02M (-$21.2M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for AKTS.