Felise Feingold Sells 1,227 Shares of KVH Industries, Inc. (NASDAQ:KVHI) Stock

KVH Industries, Inc. (NASDAQ:KVHIGet Rating) SVP Felise Feingold sold 1,227 shares of the business’s stock in a transaction that occurred on Thursday, August 4th. The stock was sold at an average price of $8.16, for a total transaction of $10,012.32. Following the completion of the transaction, the senior vice president now owns 66,314 shares in the company, valued at approximately $541,122.24. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

KVH Industries Stock Performance

Shares of NASDAQ KVHI opened at $8.22 on Friday. KVH Industries, Inc. has a 52-week low of $6.89 and a 52-week high of $11.99. The company’s 50 day moving average price is $8.24 and its 200-day moving average price is $8.44.

KVH Industries (NASDAQ:KVHIGet Rating) last issued its quarterly earnings results on Tuesday, May 10th. The communications equipment provider reported ($0.10) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.05. The firm had revenue of $41.09 million for the quarter, compared to the consensus estimate of $41.40 million. KVH Industries had a negative net margin of 6.11% and a negative return on equity of 7.72%. On average, analysts predict that KVH Industries, Inc. will post -0.27 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of KVHI. Van ECK Associates Corp acquired a new position in shares of KVH Industries during the 2nd quarter valued at $42,000. Bank of America Corp DE lifted its position in shares of KVH Industries by 18.8% during the 1st quarter. Bank of America Corp DE now owns 22,123 shares of the communications equipment provider’s stock valued at $202,000 after acquiring an additional 3,504 shares during the period. First Republic Investment Management Inc. lifted its position in shares of KVH Industries by 6.0% during the 1st quarter. First Republic Investment Management Inc. now owns 142,218 shares of the communications equipment provider’s stock valued at $1,294,000 after acquiring an additional 7,996 shares during the period. Brinker Capital Investments LLC lifted its position in shares of KVH Industries by 18.4% during the 1st quarter. Brinker Capital Investments LLC now owns 88,760 shares of the communications equipment provider’s stock valued at $808,000 after acquiring an additional 13,770 shares during the period. Finally, State Street Corp lifted its position in shares of KVH Industries by 1.0% during the 1st quarter. State Street Corp now owns 294,680 shares of the communications equipment provider’s stock valued at $2,682,000 after acquiring an additional 2,839 shares during the period. Institutional investors and hedge funds own 65.52% of the company’s stock.

KVH Industries Company Profile

(Get Rating)

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 operates through Mobile Connectivity and Inertial Navigation segments. The company offers mobile satellite TV and communications products; two-way satellite communications systems; onboard TracPhone terminals and hub equipment; data management software; and Iridium OpenPort hardware products and services.

Further Reading

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

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.