Key Points
- SVP Felise Feingold sold 1,594 KVHI shares at an average of $6.64 on March 10 for $10,584.16, leaving her with 69,654 shares (a 2.24% reduction in her ownership).
- KVH stock was down about 5.4% (trading at $7.05, down $0.40) on heavy volume of 118,463 shares versus a 54,539 average, with a market cap of roughly $137.97 million and a 52‑week range of $4.69–$7.71.
- Institutional investors hold about 73.66% of the shares, several funds recently established small new positions, and analyst coverage is weak overall (average rating: "Sell").
KVH Industries, Inc. (NASDAQ:KVHI - Get Free Report) SVP Felise Feingold sold 1,594 shares of the business's stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $6.64, for a total value of $10,584.16. Following the completion of the sale, the senior vice president directly owned 69,654 shares of the company's stock, valued at approximately $462,502.56. This represents a 2.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
KVH Industries Stock Down 5.4%
NASDAQ:KVHI traded down $0.40 during trading hours on Friday, reaching $7.05. 118,463 shares of the stock were exchanged, compared to its average volume of 54,539. The stock has a market capitalization of $137.97 million, a P/E ratio of -18.55 and a beta of 0.72. The firm has a 50 day simple moving average of $6.63 and a 200-day simple moving average of $6.22. KVH Industries, Inc. has a 52 week low of $4.69 and a 52 week high of $7.71.
Institutional Investors Weigh In On KVH Industries
Several large investors have recently made changes to their positions in the company. Hillsdale Investment Management Inc. bought a new stake in shares of KVH Industries during the fourth quarter valued at approximately $54,000. HRT Financial LP acquired a new stake in KVH Industries in the 4th quarter valued at approximately $70,000. OMERS ADMINISTRATION Corp bought a new stake in KVH Industries during the 4th quarter valued at $86,000. NewEdge Advisors LLC bought a new stake in KVH Industries during the 3rd quarter valued at $90,000. Finally, Virtu Financial LLC acquired a new position in KVH Industries during the 4th quarter worth $102,000. Institutional investors and hedge funds own 73.66% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the stock. Wall Street Zen raised shares of KVH Industries to a "hold" rating in a report on Saturday, December 13th. Weiss Ratings reissued a "sell (e+)" rating on shares of KVH Industries in a report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of "Sell".
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About KVH Industries
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KVH Industries, Inc develops and manufactures mobile connectivity, inertial navigation, and stabilization systems for maritime, land mobile and defense markets. Its Satellite Communications Group delivers a range of mobile VSAT and broadband systems under the TracPhone and TracNet brands, offering high-speed data, voice and TV programming for commercial and leisure vessels. The company pairs its hardware offerings with the OneCare global network and service platform, providing 24/7 support and coverage across major satellite constellations.
The Inertial Systems Group at KVH produces fiber-optic and hemispherical resonator gyros, inertial measurement units (IMUs) and related inertial navigation products for aerospace, unmanned platforms and precision stabilization applications.
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