KVH Industries (NASDAQ:KVHI - Get Rating) is set to release its earnings data on Friday, November 25th.
KVH Industries Stock Performance
KVH Industries stock opened at $11.16 on Thursday. The stock's fifty day moving average price is $9.92 and its two-hundred day moving average price is $9.00. KVH Industries has a one year low of $6.89 and a one year high of $11.50.
Analyst Upgrades and Downgrades
A number of research firms have commented on KVHI. StockNews.com assumed coverage on KVH Industries in a research note on Wednesday, October 12th. They set a "hold" rating on the stock. Needham & Company LLC lifted their price target on KVH Industries from $11.00 to $12.00 and gave the company a "buy" rating in a research note on Wednesday, August 10th.
Hedge Funds Weigh In On KVH Industries
Several hedge funds and other institutional investors have recently modified their holdings of KVHI. Millennium Management LLC bought a new position in shares of KVH Industries in the 2nd quarter valued at $584,000. Citadel Advisors LLC grew its position in KVH Industries by 107.3% during the 2nd quarter. Citadel Advisors LLC now owns 68,075 shares of the communications equipment provider's stock worth $593,000 after acquiring an additional 35,235 shares during the last quarter. Acadian Asset Management LLC grew its position in KVH Industries by 149.4% during the 1st quarter. Acadian Asset Management LLC now owns 37,776 shares of the communications equipment provider's stock worth $342,000 after acquiring an additional 22,629 shares during the last quarter. Panagora Asset Management Inc. grew its position in KVH Industries by 46.1% during the 1st quarter. Panagora Asset Management Inc. now owns 61,148 shares of the communications equipment provider's stock worth $556,000 after acquiring an additional 19,292 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD bought a new stake in KVH Industries during the 2nd quarter worth $134,000. Institutional investors own 60.48% of the company's stock.
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 operates through Mobile Connectivity and Inertial Navigation segments. The company offers mobile satellite TV and communications products; two-way satellite communications systems; onboard TracPhone terminals and hub equipment; data management software; and Iridium OpenPort hardware products and services.
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