KVH Industries, Inc. (NASDAQ:KVHI) CMO Elizabeth Jackson sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $10.10, for a total value of $25,250.00. Following the completion of the sale, the chief marketing officer now directly owns 31,552 shares in the company, valued at $318,675.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Elizabeth Jackson also recently made the following trade(s):

  • On Monday, July 1st, Elizabeth Jackson sold 276 shares of KVH Industries stock. The shares were sold at an average price of $10.60, for a total value of $2,925.60.

NASDAQ:KVHI opened at $10.31 on Friday. KVH Industries, Inc. has a 52 week low of $8.64 and a 52 week high of $13.20. The company has a quick ratio of 2.02, a current ratio of 2.50 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $184.78 million, a P/E ratio of -85.92 and a beta of 0.92. The stock’s fifty day moving average is $9.48 and its two-hundred day moving average is $9.97.

KVH Industries (NASDAQ:KVHI) last posted its earnings results on Friday, August 2nd. The communications equipment provider reported ($0.15) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.09) by ($0.06). The business had revenue of $41.00 million during the quarter, compared to analysts’ expectations of $40.32 million. KVH Industries had a net margin of 22.83% and a negative return on equity of 6.13%. Sell-side analysts anticipate that KVH Industries, Inc. will post -0.64 earnings per share for the current fiscal year.

KVHI has been the topic of a number of research analyst reports. Chardan Capital reaffirmed a “buy” rating and issued a $20.00 price target on shares of KVH Industries in a research note on Monday, August 5th. ValuEngine raised KVH Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, July 17th. Raymond James lowered their price target on KVH Industries from $12.00 to $11.00 and set an “outperform” rating on the stock in a research note on Monday, August 5th. B. Riley set a $15.00 price target on KVH Industries and gave the stock a “buy” rating in a research note on Friday, August 2nd. Finally, TheStreet lowered KVH Industries from a “c-” rating to a “d+” rating in a research note on Tuesday, August 13th. One analyst has rated the stock with a sell rating and five have issued a buy rating to the company. KVH Industries presently has an average rating of “Buy” and an average target price of $14.00.

Several hedge funds have recently bought and sold shares of KVHI. Bank of America Corp DE raised its holdings in shares of KVH Industries by 37.4% in the 4th quarter. Bank of America Corp DE now owns 14,693 shares of the communications equipment provider’s stock valued at $152,000 after buying an additional 3,999 shares during the period. BNP Paribas Arbitrage SA raised its holdings in shares of KVH Industries by 565.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 3,458 shares of the communications equipment provider’s stock valued at $35,000 after buying an additional 2,938 shares during the period. B. Riley Financial Inc. purchased a new stake in shares of KVH Industries in the 1st quarter valued at $255,000. White Pine Capital LLC purchased a new stake in shares of KVH Industries in the 1st quarter valued at $401,000. Finally, Systematic Financial Management LP raised its holdings in shares of KVH Industries by 1.0% in the 2nd quarter. Systematic Financial Management LP now owns 1,762,943 shares of the communications equipment provider’s stock valued at $19,163,000 after buying an additional 17,240 shares during the period. Hedge funds and other institutional investors own 56.30% of the company’s stock.

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 offers mobile satellite TV and communications products; 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.

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