Weber Alan W lowered its stake in shares of Commercial Vehicle Group, Inc. (NASDAQ:CVGI) by 54.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,322 shares of the company’s stock after selling 80,000 shares during the period. Weber Alan W’s holdings in Commercial Vehicle Group were worth $569,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Schneider Capital Management Corp raised its position in Commercial Vehicle Group by 10.0% in the first quarter. Schneider Capital Management Corp now owns 332,157 shares of the company’s stock valued at $2,249,000 after buying an additional 30,100 shares during the last quarter. Segantii Capital Management Ltd raised its position in Commercial Vehicle Group by 568.0% in the first quarter. Segantii Capital Management Ltd now owns 33,400 shares of the company’s stock valued at $226,000 after buying an additional 28,400 shares during the last quarter. Royce & Associates LP raised its position in Commercial Vehicle Group by 35.5% in the first quarter. Royce & Associates LP now owns 1,573,856 shares of the company’s stock valued at $10,655,000 after buying an additional 412,355 shares during the last quarter. California Public Employees Retirement System raised its position in Commercial Vehicle Group by 23.4% in the first quarter. California Public Employees Retirement System now owns 153,300 shares of the company’s stock valued at $1,038,000 after buying an additional 29,100 shares during the last quarter. Finally, ClariVest Asset Management LLC raised its position in Commercial Vehicle Group by 5.3% in the first quarter. ClariVest Asset Management LLC now owns 72,829 shares of the company’s stock valued at $493,000 after buying an additional 3,675 shares during the last quarter. 59.79% of the stock is currently owned by hedge funds and other institutional investors.

Commercial Vehicle Group, Inc. (CVGI) opened at 6.65 on Thursday. The company’s 50-day moving average price is $8.40 and its 200 day moving average price is $7.47. Commercial Vehicle Group, Inc. has a 52-week low of $4.05 and a 52-week high of $9.62. The firm has a market capitalization of $205.12 million, a price-to-earnings ratio of 41.56 and a beta of 0.66.

Commercial Vehicle Group (NASDAQ:CVGI) last issued its quarterly earnings data on Monday, August 7th. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.05. The business had revenue of $195.13 million for the quarter, compared to analyst estimates of $186.20 million. Commercial Vehicle Group had a return on equity of 10.65% and a net margin of 0.34%. The business’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.10 EPS. Equities analysts predict that Commercial Vehicle Group, Inc. will post $0.36 earnings per share for the current fiscal year.

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Separately, Seaport Global Securities dropped their price target on Commercial Vehicle Group from $11.00 to $8.50 and set a “buy” rating on the stock in a research report on Monday, May 8th.

About Commercial Vehicle Group

Commercial Vehicle Group, Inc is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems.

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Institutional Ownership by Quarter for Commercial Vehicle Group (NASDAQ:CVGI)

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