Barclays PLC Has $316,000 Position in KVH Industries, Inc. (NASDAQ:KVHI)

Barclays PLC boosted its position in shares of KVH Industries, Inc. (NASDAQ:KVHI) by 4.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,466 shares of the communications equipment provider’s stock after purchasing an additional 2,645 shares during the quarter. Barclays PLC owned 0.33% of KVH Industries worth $316,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Cubist Systematic Strategies LLC bought a new position in KVH Industries during the second quarter worth about $30,000. American Century Companies Inc. bought a new stake in KVH Industries during the 2nd quarter worth approximately $54,000. AQR Capital Management LLC acquired a new stake in KVH Industries during the 2nd quarter worth approximately $63,000. Marshall Wace LLP bought a new position in KVH Industries in the second quarter valued at approximately $75,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of KVH Industries during the second quarter worth $130,000. Institutional investors own 73.66% of the company’s stock.

Insiders Place Their Bets

In related news, major shareholder Bradley Louis Radoff acquired 17,499 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was bought at an average price of $4.67 per share, for a total transaction of $81,720.33. Following the acquisition, the insider now directly owns 2,077,499 shares of the company’s stock, valued at approximately $9,701,920.33. The trade was a 0.85 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 20.70% of the company’s stock.

KVH Industries Stock Up 0.9 %

Shares of NASDAQ:KVHI opened at $5.93 on Monday. The firm has a market cap of $117.41 million, a price-to-earnings ratio of -6.11 and a beta of 0.62. KVH Industries, Inc. has a 12 month low of $4.17 and a 12 month high of $6.04. The company’s fifty day simple moving average is $5.52 and its 200 day simple moving average is $4.93.

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.