Van Heyningen Martin Kits Sells 1,036 Shares of KVH Industries, Inc. (KVHI) Stock
KVH Industries, Inc. (NASDAQ:KVHI) CEO Van Heyningen Martin Kits sold 1,036 shares of KVH Industries stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $10.08, for a total value of $10,442.88. Following the sale, the chief executive officer now directly owns 808,531 shares in the company, valued at approximately $8,149,992.48. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.
Van Heyningen Martin Kits also recently made the following trade(s):
- On Wednesday, March 27th, Van Heyningen Martin Kits sold 3,293 shares of KVH Industries stock. The shares were sold at an average price of $10.21, for a total value of $33,621.53.
- On Wednesday, February 20th, Van Heyningen Martin Kits sold 5,166 shares of KVH Industries stock. The shares were sold at an average price of $11.51, for a total value of $59,460.66.
- On Tuesday, January 15th, Van Heyningen Martin Kits sold 270 shares of KVH Industries stock. The shares were sold at an average price of $10.58, for a total value of $2,856.60.
NASDAQ:KVHI opened at $10.00 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.98 and a current ratio of 1.39. KVH Industries, Inc. has a 1 year low of $9.16 and a 1 year high of $14.15. The company has a market capitalization of $182.05 million, a price-to-earnings ratio of -83.33 and a beta of 0.79.
A number of analysts have issued reports on the company. Raymond James set a $13.00 price objective on KVH Industries and gave the stock a “buy” rating in a research note on Tuesday, March 5th. ValuEngine raised KVH Industries from a “hold” rating to a “buy” rating in a research note on Monday, March 11th. B. Riley assumed coverage on KVH Industries in a research note on Wednesday, March 6th. They issued a “buy” rating and a $15.00 price objective on the stock. Finally, Zacks Investment Research downgraded KVH Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, January 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $15.20.
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KVH Industries Company Profile
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; 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.
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