KVH Industries, Inc. (KVHI) VP Felise Feingold Sells 4,432 Shares of Stock
KVH Industries, Inc. (NASDAQ:KVHI) VP Felise Feingold sold 4,432 shares of KVH Industries stock in a transaction that occurred on Wednesday, September 5th. The stock was sold at an average price of $12.26, for a total transaction of $54,336.32. Following the completion of the sale, the vice president now directly owns 54,146 shares of the company’s stock, valued at $663,829.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
KVHI stock traded up $0.05 during midday trading on Friday, hitting $12.00. The stock had a trading volume of 9,043 shares, compared to its average volume of 10,993. The stock has a market capitalization of $211.09 million, a P/E ratio of -92.31 and a beta of 0.67. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.45 and a current ratio of 1.91. KVH Industries, Inc. has a 12-month low of $9.05 and a 12-month high of $14.15.
KVH Industries (NASDAQ:KVHI) last released its earnings results on Thursday, August 2nd. The communications equipment provider reported ($0.08) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.08). The firm had revenue of $43.39 million during the quarter, compared to analysts’ expectations of $41.91 million. KVH Industries had a negative net margin of 5.74% and a negative return on equity of 0.95%. research analysts forecast that KVH Industries, Inc. will post -0.11 earnings per share for the current fiscal year.
Separately, Needham & Company LLC reaffirmed a “buy” rating and issued a $14.00 target price on shares of KVH Industries in a research note on Friday, August 3rd.
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 offers mobile satellite TV and communications products, including satellite TV antennas; two-way satellite communications systems; onboard V-IP terminals and hub equipment; network management hardware and software products for maritime communications; and Iridium OpenPort hardware products and services.
Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks
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