KVH Industries, Inc. (NASDAQ:KVHI) CEO Brent C. Bruun Sells 3,530 Shares

KVH Industries, Inc. (NASDAQ:KVHI) CEO Brent C. Bruun sold 3,530 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $5.81, for a total value of $20,509.30. Following the completion of the sale, the chief executive officer now owns 183,099 shares of the company’s stock, valued at $1,063,805.19. This trade represents a 1.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

KVH Industries Price Performance

Shares of NASDAQ:KVHI opened at $5.94 on Friday. The company’s fifty day moving average is $5.80 and its two-hundred day moving average is $5.17. KVH Industries, Inc. has a 1-year low of $4.17 and a 1-year high of $6.16.

Hedge Funds Weigh In On KVH Industries

Institutional investors have recently made changes to their positions in the stock. Black Diamond Capital Management L.L.C. increased its position in KVH Industries by 0.8% in the fourth quarter. Black Diamond Capital Management L.L.C. now owns 3,384,054 shares of the communications equipment provider’s stock worth $19,289,000 after buying an additional 26,656 shares during the period. Dimensional Fund Advisors LP grew its position in shares of KVH Industries by 2.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 840,622 shares of the communications equipment provider’s stock worth $4,791,000 after acquiring an additional 18,448 shares during the last quarter. Peapod Lane Capital LLC acquired a new stake in shares of KVH Industries in the 4th quarter worth about $1,909,000. Renaissance Technologies LLC lifted its position in KVH Industries by 23.8% in the 4th quarter. Renaissance Technologies LLC now owns 249,915 shares of the communications equipment provider’s stock valued at $1,425,000 after purchasing an additional 48,002 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of KVH Industries by 5.3% in the fourth quarter. Geode Capital Management LLC now owns 147,176 shares of the communications equipment provider’s stock valued at $839,000 after purchasing an additional 7,466 shares during the period. 73.66% of the stock is owned by institutional investors.

About KVH Industries

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.