Insider Buying: Intevac Director Acquires 94,409 Shares of Stock (IVAC)
Intevac (NASDAQ:IVAC) Director Matthew A. Drapkin bought 94,409 shares of Intevac stock in a transaction dated Friday, August 22nd. The stock was purchased at an average cost of $6.88 per share, with a total value of $649,533.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Intevac (NASDAQ:IVAC) traded down 0.14% on Friday, hitting $6.99. 40,009 shares of the company’s stock traded hands. Intevac has a one year low of $4.82 and a one year high of $10.20. The stock has a 50-day moving average of $6.88 and a 200-day moving average of $7.75. The company’s market cap is $165.1 million.
Intevac (NASDAQ:IVAC) last posted its quarterly earnings results on Monday, July 28th. The company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.03. The company had revenue of $14.70 million for the quarter, compared to the consensus estimate of $13.10 million. During the same quarter in the previous year, the company posted ($0.26) earnings per share. The company’s revenue for the quarter was down 13.4% on a year-over-year basis. Analysts expect that Intevac will post $-0.52 EPS for the current fiscal year.
Intevac, Inc (NASDAQ:IVAC) provides process manufacturing equipment solutions to the hard disk drive industry and manufacturing equipment and inspection solutions to the photovoltaic (PV) industry.
Receive News & Ratings for Intevac Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intevac Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.