KVH Industries, Inc. (NASDAQ:KVHI – Get Free Report) SVP Felise Feingold sold 1,862 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $7.60, for a total transaction of $14,151.20. Following the sale, the senior vice president directly owned 67,792 shares in the company, valued at $515,219.20. This trade represents a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
KVH Industries Price Performance
NASDAQ KVHI traded up $0.39 on Friday, hitting $8.48. 34,873 shares of the stock were exchanged, compared to its average volume of 137,110. The business’s fifty day moving average is $9.67 and its 200 day moving average is $7.84. KVH Industries, Inc. has a 52 week low of $5.09 and a 52 week high of $13.00. The company has a market capitalization of $165.38 million, a PE ratio of -32.62 and a beta of 0.43.
KVH Industries (NASDAQ:KVHI – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The communications equipment provider reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.05. KVH Industries had a negative net margin of 4.31% and a negative return on equity of 0.80%. The firm had revenue of $32.32 million for the quarter, compared to analyst estimates of $30.56 million.
Institutional Trading of KVH Industries
Analyst Upgrades and Downgrades
Several equities analysts recently commented on KVHI shares. Weiss Ratings restated a “sell (d-)” rating on shares of KVH Industries in a research note on Friday, March 27th. Wall Street Zen raised shares of KVH Industries from a “hold” rating to a “buy” rating in a report on Monday, June 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, KVH Industries has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on KVH Industries
About KVH Industries
KVH Industries, Inc develops and manufactures mobile connectivity, inertial navigation, and stabilization systems for maritime, land mobile and defense markets. Its Satellite Communications Group delivers a range of mobile VSAT and broadband systems under the TracPhone and TracNet brands, offering high-speed data, voice and TV programming for commercial and leisure vessels. The company pairs its hardware offerings with the OneCare global network and service platform, providing 24/7 support and coverage across major satellite constellations.
The Inertial Systems Group at KVH produces fiber-optic and hemispherical resonator gyros, inertial measurement units (IMUs) and related inertial navigation products for aerospace, unmanned platforms and precision stabilization applications.
Featured Articles
- Five stocks we like better than KVH Industries
- ERock IPO: A $1.3B Power Play Solution
- The AI Boom Has a Hidden Winner—And It’s Not Nvidia
- SMX: Can Molecular Tracking Technology Become the Next Moonshot?
- Boeing’s Unseen Rebound: Why the Headlines Are Wrong
Receive News & Ratings for KVH Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KVH Industries and related companies with MarketBeat.com's FREE daily email newsletter.
