Twin Vee PowerCats (NASDAQ:VEEE) Director Kevin Schuyler Buys 25,000 Shares

Key Points

  • Director Kevin Schuyler bought 25,000 shares on March 19 at an average price of $0.41 for a $10,250 transaction, increasing his ownership to 31,252 shares (a 399.87% increase) — the trade was disclosed in an SEC filing.
  • Twin Vee PowerCats (VEEE) trades around $0.40 with a market cap of $3.48 million and a one‑year range of $0.26–$9.30; institutional ownership is about 15.57% (Two Sigma recently acquired ~24,370 shares) and analysts have a consensus Sell rating.

Twin Vee PowerCats, Co. (NASDAQ:VEEE - Get Free Report) Director Kevin Schuyler bought 25,000 shares of the stock in a transaction that occurred on Thursday, March 19th. The stock was acquired at an average price of $0.41 per share, for a total transaction of $10,250.00. Following the completion of the transaction, the director owned 31,252 shares in the company, valued at $12,813.32. This trade represents a 399.87% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Twin Vee PowerCats Stock Up 1.0%

Twin Vee PowerCats stock traded up $0.00 during mid-day trading on Friday, hitting $0.40. 3,084,315 shares of the company's stock traded hands, compared to its average volume of 5,504,532. Twin Vee PowerCats, Co. has a one year low of $0.26 and a one year high of $9.30. The firm has a 50 day moving average price of $1.01 and a 200 day moving average price of $1.78. The company has a market cap of $3.48 million, a PE ratio of -0.09 and a beta of 1.16.

Institutional Investors Weigh In On Twin Vee PowerCats

An institutional investor recently bought a new position in Twin Vee PowerCats stock. Two Sigma Investments LP acquired a new stake in shares of Twin Vee PowerCats, Co. (NASDAQ:VEEE - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 24,370 shares of the company's stock, valued at approximately $67,000. Two Sigma Investments LP owned approximately 1.09% of Twin Vee PowerCats at the end of the most recent quarter. 15.57% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes




A number of brokerages recently issued reports on VEEE. Weiss Ratings reiterated a "sell (e+)" rating on shares of Twin Vee PowerCats in a research report on Wednesday, January 21st. Wall Street Zen lowered shares of Twin Vee PowerCats from a "hold" rating to a "sell" rating in a research note on Saturday, December 6th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of "Sell".

View Our Latest Research Report on Twin Vee PowerCats

Twin Vee PowerCats Company Profile

(Get Free Report)

Twin Vee PowerCats (NASDAQ: VEEE) is a U.S.-based designer, manufacturer and marketer of high-performance power catamarans. The company specializes in vacuum-infused fiberglass composite construction, producing vessels that combine speed, stability and fuel efficiency. Twin Vee's product range spans models for both recreational boating enthusiasts and commercial operators, with applications including day cruising, fishing, passenger transport, law enforcement and tourism.

Founded in 1997 by Gregg Seskin and Andy Pastras, Twin Vee has built a reputation for innovation in catamaran design and marine engineering.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].

Insider Buying or Selling at Twin Vee PowerCats?
Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Twin Vee PowerCats and related companies.
From Our Partners
Free Insider Buying and Selling Newsletter
Enter your email address below to receive InsiderTrades.com's daily insider buying and selling report.
From Our Partners

Most Read This Month

Recent Articles