Cenveo, Inc. (CVO) Major Shareholder Purchases $258,851.52 in Stock
Cenveo, Inc. (NYSE:CVO) major shareholder Nathu R. Puri purchased 41,616 shares of Cenveo stock in a transaction on Wednesday, June 7th. The stock was bought at an average price of $6.22 per share, with a total value of $258,851.52. Following the transaction, the insider now owns 1,025,000 shares of the company’s stock, valued at $6,375,500. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Cenveo, Inc. (NYSE CVO) opened at 6.29 on Friday. Cenveo, Inc. has a 12 month low of $3.52 and a 12 month high of $10.50. The stock has a market cap of $53.80 million, a PE ratio of 1.18 and a beta of 2.04. The firm has a 50-day moving average price of $5.05 and a 200-day moving average price of $5.90.
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Separately, TheStreet cut Cenveo from a “c-” rating to a “d+” rating in a research report on Tuesday, May 16th.
Cenveo Company Profile
Cenveo, Inc is a diversified manufacturing company focused on print-related products. The Company’s portfolio of products includes envelope converting, commercial printing and label manufacturing. The Company operates through three segments: Envelope, Print and Label. The Company’s Envelope segment offers direct mail products used for customer solicitations and transactional envelopes used for billing and remittance by end users, including financial institutions, insurance companies and telecommunications companies.
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