KVH Industries, Inc. (NASDAQ:KVHI – Get Rating) CEO Brent C. Bruun sold 2,249 shares of the firm’s stock in a transaction dated Thursday, August 4th. The shares were sold at an average price of $8.16, for a total value of $18,351.84. Following the sale, the chief executive officer now directly owns 153,579 shares in the company, valued at $1,253,204.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
KVH Industries Stock Up 1.6 %
NASDAQ:KVHI traded up $0.13 on Friday, reaching $8.22. 35,274 shares of the company’s stock traded hands, compared to its average volume of 100,460. The stock has a 50-day simple moving average of $8.23 and a 200-day simple moving average of $8.45. The firm has a market cap of $155.31 million, a PE ratio of -14.45 and a beta of 0.53. KVH Industries, Inc. has a 12 month low of $6.89 and a 12 month high of $11.99.
KVH Industries (NASDAQ:KVHI – Get Rating) last posted its quarterly earnings results on Tuesday, May 10th. The communications equipment provider reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.05. The business had revenue of $41.09 million for the quarter, compared to analysts’ expectations of $41.40 million. KVH Industries had a negative return on equity of 7.72% and a negative net margin of 6.11%. On average, equities analysts anticipate that KVH Industries, Inc. will post -0.27 earnings per share for the current year.
Institutional Inflows and Outflows
About KVH Industries
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.
- Get a free copy of the StockNews.com research report on KVH Industries (KVHI)
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Cronos Group Inc’s Revenues Are Up, Is It Time to Buy?
- Beyond Meat Is Not Beyond Hope, And It’s Cheap
- Why Apple Could Be At All-Time Highs By Year End
- BJ’s Wholesale Club Stock Has More Room to Grow
Receive News & Ratings for KVH Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KVH Industries and related companies with MarketBeat.com's FREE daily email newsletter.