KVH Industries (NASDAQ:KVHI) VP Sells $12,088.80 in Stock

KVH Industries (NASDAQ:KVHI) VP Van Heyningen Robert Wb Kits sold 1,168 shares of the firm’s stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $10.35, for a total value of $12,088.80. Following the completion of the sale, the vice president now directly owns 200,819 shares in the company, valued at $2,078,476.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Van Heyningen Robert Wb Kits also recently made the following trade(s):

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  • On Thursday, February 22nd, Van Heyningen Robert Wb Kits sold 1,962 shares of KVH Industries stock. The stock was sold at an average price of $9.21, for a total value of $18,070.02.

Shares of NASDAQ KVHI traded down $0.05 during trading on Friday, reaching $10.25. The stock had a trading volume of 10,460 shares, compared to its average volume of 23,945. KVH Industries has a fifty-two week low of $7.65 and a fifty-two week high of $12.65. The company has a current ratio of 2.26, a quick ratio of 1.73 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $179.63, a PE ratio of -78.85 and a beta of 0.79.

KVH Industries (NASDAQ:KVHI) last issued its quarterly earnings data on Friday, March 2nd. The communications equipment provider reported $0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.07). KVH Industries had a negative net margin of 6.89% and a negative return on equity of 1.25%. The firm had revenue of $38.98 million during the quarter, compared to analyst estimates of $40.11 million. equities analysts predict that KVH Industries will post -0.18 earnings per share for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN grew its stake in KVH Industries by 73.1% during the 3rd quarter. Wells Fargo & Company MN now owns 17,972 shares of the communications equipment provider’s stock worth $215,000 after purchasing an additional 7,588 shares in the last quarter. Millennium Management LLC acquired a new position in KVH Industries during the 4th quarter worth $196,000. Parametric Portfolio Associates LLC grew its stake in KVH Industries by 0.8% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 20,669 shares of the communications equipment provider’s stock worth $196,000 after purchasing an additional 165 shares in the last quarter. Teachers Advisors LLC grew its stake in KVH Industries by 14.0% during the 2nd quarter. Teachers Advisors LLC now owns 26,203 shares of the communications equipment provider’s stock worth $249,000 after purchasing an additional 3,227 shares in the last quarter. Finally, Burney Co. acquired a new position in KVH Industries during the 4th quarter worth $303,000. 54.88% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on KVHI shares. ValuEngine downgraded KVH Industries from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Zacks Investment Research upgraded KVH Industries from a “hold” rating to a “strong-buy” rating and set a $12.00 target price on the stock in a research report on Wednesday, January 3rd.

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About KVH Industries

KVH Industries, Inc designs, develops, manufactures, and markets mobile connectivity products and services for the marine and land mobile markets in the United States and internationally. The company offers mobile satellite TV and communications products, including satellite TV antennas; two-way satellite communications systems; onboard V-IP terminals and hub equipment; network management hardware and software products for maritime communications; and Iridium OpenPort hardware products and services.

Insider Buying and Selling by Quarter for KVH Industries (NASDAQ:KVHI)

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