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

Barclays PLC lifted its position in shares of KVH Industries, Inc. (NASDAQ:KVHI) by 4.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 65,466 shares of the communications equipment provider’s stock after purchasing an additional 2,645 shares during the quarter. Barclays PLC’s holdings in KVH Industries were worth $316,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of KVHI. American Century Companies Inc. acquired a new position in KVH Industries during the 2nd quarter worth approximately $54,000. Renaissance Technologies LLC lifted its position in shares of KVH Industries by 38.8% in the second quarter. Renaissance Technologies LLC now owns 177,400 shares of the communications equipment provider’s stock worth $825,000 after purchasing an additional 49,600 shares in the last quarter. Hsbc Holdings PLC boosted its holdings in KVH Industries by 19.7% during the second quarter. Hsbc Holdings PLC now owns 30,733 shares of the communications equipment provider’s stock worth $145,000 after purchasing an additional 5,054 shares during the last quarter. Marshall Wace LLP bought a new position in KVH Industries in the second quarter valued at $75,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in KVH Industries in the 2nd quarter valued at $30,000. 73.66% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, major shareholder Bradley Louis Radoff purchased 17,499 shares of the company’s stock in a transaction on Monday, November 11th. The shares were purchased at an average cost of $4.67 per share, with a total value of $81,720.33. Following the completion of the transaction, the insider now owns 2,077,499 shares of the company’s stock, valued at $9,701,920.33. The trade was a 0.85 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 20.70% of the stock is currently owned by corporate insiders.

KVH Industries Price Performance

KVH Industries stock opened at $5.65 on Friday. The company has a market cap of $111.86 million, a price-to-earnings ratio of -5.82 and a beta of 0.62. The firm has a 50-day moving average of $5.29 and a 200-day moving average of $4.85. KVH Industries, Inc. has a one year low of $4.17 and a one year high of $6.00.

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.