Insider Selling: CVD Equipment Co. (CVV) COO Sells 2,343 Shares of Stock

CVD Equipment Co. (NASDAQ:CVV) COO Steven Aragon sold 2,343 shares of the company’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $11.05, for a total transaction of $25,890.15. Following the completion of the transaction, the chief operating officer now owns 6,276 shares in the company, valued at $69,349.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

CVD Equipment Co. (NASDAQ CVV) traded down $0.21 during trading hours on Tuesday, hitting $11.16. 4,926 shares of the company’s stock traded hands, compared to its average volume of 14,963. The company has a debt-to-equity ratio of 0.07, a quick ratio of 5.98 and a current ratio of 6.67. CVD Equipment Co. has a 12-month low of $7.72 and a 12-month high of $13.50. The firm has a market capitalization of $71.73, a P/E ratio of 15.94 and a beta of 1.26.

CVD Equipment (NASDAQ:CVV) last released its quarterly earnings results on Tuesday, November 14th. The industrial products company reported $0.22 EPS for the quarter. CVD Equipment had a net margin of 11.51% and a return on equity of 12.22%. The business had revenue of $10.83 million for the quarter.

Several hedge funds have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC grew its stake in shares of CVD Equipment by 11.3% in the third quarter. Janney Montgomery Scott LLC now owns 73,590 shares of the industrial products company’s stock valued at $809,000 after acquiring an additional 7,500 shares in the last quarter. Essex Investment Management Co. LLC grew its stake in shares of CVD Equipment by 153.0% in the third quarter. Essex Investment Management Co. LLC now owns 32,188 shares of the industrial products company’s stock valued at $354,000 after acquiring an additional 19,464 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of CVD Equipment by 1.5% in the second quarter. Vanguard Group Inc. now owns 196,445 shares of the industrial products company’s stock valued at $2,174,000 after acquiring an additional 2,826 shares in the last quarter. Institutional investors and hedge funds own 20.15% of the company’s stock.

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CVD Equipment Company Profile

CVD Equipment Corporation designs and manufactures equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications. The Company operates through two divisions: CVD/First Nano and Stainless Design Concepts (SDC). The Company’s CVD/First Nano division supplies chemical vapor deposition systems for use in the research, development and manufacturing of aerospace and medical components, semiconductors, light emitting diodes (LEDs), carbon nanotubes, nanowires, solar cells and a number of other industrial applications.

Insider Buying and Selling by Quarter for CVD Equipment (NASDAQ:CVV)

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