KVH Industries, Inc. (NASDAQ:KVHI – Get 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:KVHI – Get 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
KVH Industries Company Profile
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.
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