KVH Industries (NASDAQ:KVHI) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• KVH shares crossed above their 200‑day moving average, trading as high as $9.81 and last at $9.68 versus a 200‑day MA of $6.72 (50‑day MA $7.50), signaling a short‑term technical uptick.
• Despite the price move, Wall Street sentiment is negative with a consensus "Sell" rating, recent downgrades and Weiss Ratings reaffirming a "sell (d‑)" view.
• Major shareholder Bradley Louis Radoff bought 30,000 shares at about $6.26 in February (insiders own 21.1%) and institutional investors hold roughly 73.66% of the stock; market cap is about $188.6 million.

KVH Industries, Inc. (NASDAQ:KVHI - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.72 and traded as high as $9.81. KVH Industries shares last traded at $9.68, with a volume of 262,564 shares.

Wall Street Analyst Weigh In

KVHI has been the topic of several research reports. Wall Street Zen downgraded KVH Industries from a "buy" rating to a "hold" rating in a report on Sunday, March 22nd. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of KVH Industries in a research report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Sell".

KVH Industries Trading Up 4.6%

The firm has a market cap of $188.56 million, a P/E ratio of -25.47 and a beta of 0.46. The firm has a 50-day simple moving average of $7.50 and a 200-day simple moving average of $6.72.

Insider Transactions at KVH Industries

In related news, major shareholder Bradley Louis Radoff bought 30,000 shares of the company's stock in a transaction on Thursday, February 12th. The shares were acquired at an average price of $6.26 per share, with a total value of $187,800.00. Following the transaction, the insider owned 2,180,000 shares of the company's stock, valued at $13,646,800. The trade was a 1.40% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 21.10% of the company's stock.

Institutional Trading of KVH Industries

A number of institutional investors have recently made changes to their positions in the business. Potomac Capital Management Inc. acquired a new stake in shares of KVH Industries in the 4th quarter worth $3,252,000. Peapod Lane Capital LLC boosted its position in shares of KVH Industries by 0.7% in the 4th quarter. Peapod Lane Capital LLC now owns 414,734 shares of the communications equipment provider's stock worth $2,891,000 after purchasing an additional 3,058 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of KVH Industries by 6.9% in the 4th quarter. Renaissance Technologies LLC now owns 283,108 shares of the communications equipment provider's stock worth $1,973,000 after purchasing an additional 18,193 shares in the last quarter. First Eagle Investment Management LLC boosted its position in shares of KVH Industries by 7.9% in the 3rd quarter. First Eagle Investment Management LLC now owns 211,826 shares of the communications equipment provider's stock worth $1,186,000 after purchasing an additional 15,482 shares in the last quarter. Finally, Mink Brook Asset Management LLC boosted its position in shares of KVH Industries by 11.6% in the 3rd quarter. Mink Brook Asset Management LLC now owns 171,569 shares of the communications equipment provider's stock worth $961,000 after purchasing an additional 17,886 shares in the last quarter. Institutional investors and hedge funds own 73.66% of the company's stock.

About KVH Industries

KVH Industries, Inc develops and manufactures mobile connectivity, inertial navigation, and stabilization systems for maritime, land mobile and defense markets. Its Satellite Communications Group delivers a range of mobile VSAT and broadband systems under the TracPhone and TracNet brands, offering high-speed data, voice and TV programming for commercial and leisure vessels. The company pairs its hardware offerings with the OneCare global network and service platform, providing 24/7 support and coverage across major satellite constellations.

The Inertial Systems Group at KVH produces fiber-optic and hemispherical resonator gyros, inertial measurement units (IMUs) and related inertial navigation products for aerospace, unmanned platforms and precision stabilization applications.

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