163,246 Shares in KVH Industries, Inc. (NASDAQ:KVHI) Bought by Twin Focus Capital Partners LLC

Twin Focus Capital Partners LLC bought a new position in KVH Industries, Inc. (NASDAQ:KVHI) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 163,246 shares of the communications equipment provider’s stock, valued at approximately $859,000. Twin Focus Capital Partners LLC owned 0.83% of KVH Industries at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC bought a new position in shares of KVH Industries during the 4th quarter worth about $54,000. Marquette Asset Management LLC increased its holdings in shares of KVH Industries by 20.9% during the 4th quarter. Marquette Asset Management LLC now owns 32,000 shares of the communications equipment provider’s stock worth $168,000 after purchasing an additional 5,538 shares during the period. Quadrature Capital Ltd increased its holdings in shares of KVH Industries by 83.9% during the 3rd quarter. Quadrature Capital Ltd now owns 37,232 shares of the communications equipment provider’s stock worth $191,000 after purchasing an additional 16,988 shares during the period. Barclays PLC increased its holdings in shares of KVH Industries by 50.7% during the 3rd quarter. Barclays PLC now owns 51,117 shares of the communications equipment provider’s stock worth $261,000 after purchasing an additional 17,193 shares during the period. Finally, AMH Equity Ltd bought a new position in shares of KVH Industries during the 4th quarter worth about $458,000. Institutional investors own 73.66% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of KVH Industries from a “sell” rating to a “hold” rating in a report on Wednesday, May 8th.

KVH Industries Price Performance

NASDAQ KVHI opened at $4.79 on Monday. The company’s 50-day simple moving average is $5.03 and its 200 day simple moving average is $4.98. KVH Industries, Inc. has a twelve month low of $4.30 and a twelve month high of $10.17.

KVH Industries (NASDAQ:KVHI) last posted its earnings results on Monday, May 6th. The communications equipment provider reported ($0.05) earnings per share for the quarter. The business had revenue of $29.27 million during the quarter. KVH Industries had a negative net margin of 14.54% and a negative return on equity of 0.98%.

KVH Industries 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.