KVH Industries, Inc. (NASDAQ:KVHI – Get Free Report) Director Stephen H. Deckoff acquired 50,200 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was purchased at an average cost of $4.47 per share, with a total value of $224,394.00. Following the purchase, the director now owns 3,357,398 shares of the company’s stock, valued at $15,007,569.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
KVH Industries Stock Up 1.3 %
KVHI stock opened at $4.75 on Friday. The firm has a market cap of $93.65 million, a price-to-earnings ratio of -4.95 and a beta of 0.60. KVH Industries, Inc. has a twelve month low of $4.17 and a twelve month high of $5.49. The business’s fifty day simple moving average is $4.57 and its two-hundred day simple moving average is $4.78.
KVH Industries (NASDAQ:KVHI – Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The communications equipment provider reported ($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.02. The company had revenue of $28.67 million during the quarter. KVH Industries had a negative net margin of 17.88% and a negative return on equity of 2.64%.
Institutional Trading of KVH Industries
KVH Industries Company Profile
KVH Industries, Inc, together with its subsidiaries, engages in the design, development, manufacture, and marketing of mobile connectivity solutions for the marine and land mobile markets in the United States and internationally. The company offers Internet and VoIP airtime services; AgilePlans, a Connectivity as a Service solution; KVH Link, a crew wellbeing content subscription service with delivery by IP-Mobilecast; and OpenNet, a KVH VSAT data delivering service for non-KVH Ku-band VSAT terminals.
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