Cenveo SVP Ian R. Scheinmann Purchases 2,990 Shares (CVO)
Cenveo (NYSE:CVO) SVP Ian R. Scheinmann purchased 2,990 shares of Cenveo stock in a transaction that occurred on Thursday, August 7th. The stock was purchased at an average cost of $3.34 per share, for a total transaction of $9,986.60. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Cenveo (NYSE:CVO) opened at 3.19 on Wednesday. Cenveo has a 1-year low of $2.16 and a 1-year high of $3.92. The stock has a 50-day moving average of $3.52 and a 200-day moving average of $3.27. The company’s market cap is $215.8 million.
Cenveo (NYSE:CVO) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $0.06. The company had revenue of $479.40 million for the quarter, compared to the consensus estimate of $480.35 million. Analysts expect that Cenveo will post $0.19 EPS for the current fiscal year.
Separately, analysts at CRT Capital raised their price target on shares of Cenveo from $3.75 to $5.50 in a research note on Monday, June 23rd. They now have a “buy” rating on the stock.
Cenveo, Inc is a diversified printing company in North America. Its portfolio of products includes commercial printing, envelope converting, label manufacturing and specialty packaging production.
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