Intevac, Inc. (NASDAQ:IVAC) major shareholder April Fund Ltd. 21 acquired 21,300 shares of the stock in a transaction on Thursday, February 8th. The stock was bought at an average cost of $6.32 per share, for a total transaction of $134,616.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

April Fund Ltd. 21 also recently made the following trade(s):

  • On Tuesday, February 6th, April Fund Ltd. 21 acquired 86,332 shares of Intevac stock. The stock was bought at an average cost of $6.33 per share, for a total transaction of $546,481.56.
  • On Friday, February 2nd, April Fund Ltd. 21 acquired 45,908 shares of Intevac stock. The stock was bought at an average cost of $6.56 per share, for a total transaction of $301,156.48.
  • On Wednesday, January 31st, April Fund Ltd. 21 acquired 88,183 shares of Intevac stock. The stock was bought at an average cost of $6.81 per share, for a total transaction of $600,526.23.

Intevac, Inc. (NASDAQ IVAC) traded down $0.05 on Friday, hitting $6.20. 150,247 shares of the stock traded hands, compared to its average volume of 108,066. The stock has a market capitalization of $136.18, a P/E ratio of 34.44 and a beta of 0.90. Intevac, Inc. has a 52-week low of $6.10 and a 52-week high of $14.15.

Intevac (NASDAQ:IVAC) last posted its earnings results on Wednesday, January 31st. The electronics maker reported $0.00 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.01. The firm had revenue of $24.80 million during the quarter, compared to the consensus estimate of $24.80 million. Intevac had a net margin of 3.65% and a return on equity of 4.89%. The company’s revenue was down 14.5% on a year-over-year basis. During the same quarter last year, the company earned $0.13 earnings per share. analysts anticipate that Intevac, Inc. will post 0.22 earnings per share for the current year.

Several analysts have commented on IVAC shares. Zacks Investment Research lowered shares of Intevac from a “hold” rating to a “sell” rating in a research report on Friday, December 8th. Maxim Group reaffirmed a “buy” rating and issued a $12.00 price objective on shares of Intevac in a research report on Friday, October 27th. B. Riley raised shares of Intevac to a “buy” rating in a research report on Thursday, January 18th. Noble Financial reaffirmed a “buy” rating on shares of Intevac in a research report on Thursday, January 18th. Finally, Benchmark reaffirmed a “hold” rating on shares of Intevac in a research report on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $12.10.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Royce & Associates LP increased its stake in shares of Intevac by 24.2% in the fourth quarter. Royce & Associates LP now owns 1,741,646 shares of the electronics maker’s stock worth $11,930,000 after purchasing an additional 338,871 shares in the last quarter. BlackRock Inc. increased its stake in shares of Intevac by 0.8% in the fourth quarter. BlackRock Inc. now owns 1,447,893 shares of the electronics maker’s stock worth $9,917,000 after purchasing an additional 11,556 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Intevac by 4.7% in the third quarter. Dimensional Fund Advisors LP now owns 869,615 shares of the electronics maker’s stock worth $7,348,000 after purchasing an additional 38,859 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Intevac by 4.9% in the second quarter. Vanguard Group Inc. now owns 868,575 shares of the electronics maker’s stock worth $9,641,000 after purchasing an additional 40,865 shares in the last quarter. Finally, Algert Global LLC increased its stake in shares of Intevac by 10.1% in the fourth quarter. Algert Global LLC now owns 273,553 shares of the electronics maker’s stock worth $1,874,000 after purchasing an additional 25,001 shares in the last quarter. Hedge funds and other institutional investors own 70.00% of the company’s stock.

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Intevac Company Profile

Intevac, Inc (Intevac) is a provider of vacuum deposition equipment for a range of thin-film applications, and digital night-vision technologies and products to the defense industry. The Company’s segments include Thin-film Equipment and Photonics. The Company designs, manufactures, markets and services capital equipment used to deposit thin films and lubricants onto substrates to produce magnetic disks that are used in hard disk drives.

Insider Buying and Selling by Quarter for Intevac (NASDAQ:IVAC)

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