Rep. Laura Friedman Sells Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR) Stock

Representative Laura Friedman (Democratic-California) recently sold shares of Chicago Rivet & Machine Co. (NYSEAMERICAN:CVR). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Chicago Rivet & Machine stock on April 8th. The trade occurred in the Representative’s “FIDELITY BROKERAGE SERVICES, LLC” account.

Chicago Rivet & Machine Stock Up 2.4%

Chicago Rivet & Machine stock opened at $9.75 on Wednesday. Chicago Rivet & Machine Co. has a 12-month low of $8.50 and a 12-month high of $15.00. The stock has a market cap of $9.46 million, a price-to-earnings ratio of -4.64 and a beta of 0.35. The business’s 50-day simple moving average is $11.41 and its 200 day simple moving average is $12.04.

Chicago Rivet & Machine (NYSEAMERICAN:CVR) last announced its quarterly earnings data on Friday, May 8th. The company reported ($0.37) earnings per share (EPS) for the quarter. Chicago Rivet & Machine had a negative net margin of 7.15% and a negative return on equity of 10.54%. The business had revenue of $6.85 million during the quarter.

Chicago Rivet & Machine Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were issued a $0.03 dividend. The ex-dividend date was Friday, March 6th. This represents a $0.12 annualized dividend and a yield of 1.2%. Chicago Rivet & Machine’s dividend payout ratio (DPR) is currently -3.27%.

About Representative Friedman

Laura Friedman (Democratic Party) is a member of the U.S. House, representing California’s 30th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Friedman (Democratic Party) is running for re-election to the U.S. House to represent California’s 30th Congressional District. She declared candidacy for the 2026 election.

Laura Friedman was born in New York and lives in Glendale, California. Friedman earned a B.A. from the University of Rochester, New York, in 1988. Her career experience includes working as a producer and head of development in the entertainment industry and as a small business owner selling antiques and decorative arts. Friedman served on the board of directors of the Metropolitan Water District of Southern California, as past president of the Independent Cities Association, as a board member of the Southern California Association of Governments, and on the Glendale Design Review Board. She was elected to the Glendale City Council in 2009 and re-elected in 2013. She served as mayor of Glendale from 2011 to 2012.

About Chicago Rivet & Machine

Chicago Rivet & Machine Co is a Chicago, Illinois–based manufacturer specializing in the design and production of rivets, fasteners and related metal components. The company’s product portfolio includes solid and blind rivets, threaded inserts, screws, bolts, nuts and washers, engineered to meet the requirements of high-precision industrial applications.

Serving a diverse customer base, Chicago Rivet & Machine brings expertise in material selection and heat-treatment processes to deliver fasteners that meet stringent specifications for strength, corrosion resistance and durability.