Intevac, Inc. (NASDAQ:IVAC) major shareholder April Fund Ltd. 21 acquired 86,332 shares of Intevac stock in a transaction that occurred on Tuesday, February 6th. The shares were purchased at an average price of $6.33 per share, for a total transaction of $546,481.56. The acquisition was disclosed in a filing with the SEC, which is available through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

April Fund Ltd. 21 also recently made the following trade(s):

  • On Thursday, February 8th, April Fund Ltd. 21 acquired 21,300 shares of Intevac stock. The shares were purchased at an average price of $6.32 per share, for a total transaction of $134,616.00.
  • On Friday, February 2nd, April Fund Ltd. 21 acquired 45,908 shares of Intevac stock. The shares were purchased at an average price of $6.56 per share, for a total transaction of $301,156.48.
  • On Wednesday, January 31st, April Fund Ltd. 21 bought 88,183 shares of Intevac stock. The shares were bought at an average cost of $6.81 per share, for a total transaction of $600,526.23.

Intevac, Inc. (IVAC) opened at $6.20 on Friday. The company has a market capitalization of $138.36, a PE ratio of 34.44 and a beta of 0.90. Intevac, Inc. has a twelve month low of $6.10 and a twelve month high of $14.15.

Intevac (NASDAQ:IVAC) last announced its earnings results on Wednesday, January 31st. The electronics maker reported $0.00 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.01. The firm had revenue of $24.80 million for the quarter, compared to the consensus estimate of $24.80 million. Intevac had a return on equity of 4.89% and a net margin of 3.65%. The business’s quarterly revenue was down 14.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.13 EPS. equities research analysts predict that Intevac, Inc. will post 0.22 EPS for the current year.

IVAC has been the topic of several recent research reports. Maxim Group reaffirmed a “buy” rating and set a $12.00 target price on shares of Intevac in a report on Friday, October 27th. Noble Financial raised Intevac from a “hold” rating to a “buy” rating in a report on Tuesday, October 31st. Benchmark reaffirmed a “hold” rating on shares of Intevac in a report on Tuesday, October 31st. B. Riley reaffirmed a “buy” rating and set a $14.00 target price on shares of Intevac in a report on Tuesday, October 31st. Finally, Zacks Investment Research downgraded Intevac from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $12.10.

Large investors have recently made changes to their positions in the company. D.A. Davidson & CO. acquired a new position in shares of Intevac in the 2nd quarter valued at about $117,000. Nationwide Fund Advisors lifted its stake in shares of Intevac by 695.2% in the 2nd quarter. Nationwide Fund Advisors now owns 12,350 shares of the electronics maker’s stock valued at $137,000 after purchasing an additional 10,797 shares during the period. Alambic Investment Management L.P. acquired a new position in shares of Intevac in the 4th quarter valued at about $150,000. Cubist Systematic Strategies LLC acquired a new position in shares of Intevac in the 2nd quarter valued at about $191,000. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Intevac by 1,393.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,568 shares of the electronics maker’s stock valued at $195,000 after purchasing an additional 16,392 shares during the period. 70.00% of the stock is currently owned by institutional investors.

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About Intevac

Intevac, Inc (Intevac) is a provider of vacuum deposition equipment for a range of thin-film applications, and digital night-vision technologies and products to the defense industry. The Company’s segments include Thin-film Equipment and Photonics. The Company designs, manufactures, markets and services capital equipment used to deposit thin films and lubricants onto substrates to produce magnetic disks that are used in hard disk drives.

Insider Buying and Selling by Quarter for Intevac (NASDAQ:IVAC)

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