CVD Equipment Co. (NASDAQ:CVV) CEO Leonard A. Rosenbaum bought 5,000 shares of the business’s stock in a transaction that occurred on Thursday, November 29th. The stock was purchased at an average cost of $4.57 per share, with a total value of $22,850.00. Following the purchase, the chief executive officer now directly owns 829,768 shares in the company, valued at approximately $3,792,039.76. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Shares of NASDAQ CVV traded up $0.17 on Thursday, reaching $4.57. 29,200 shares of the company traded hands, compared to its average volume of 20,048. CVD Equipment Co. has a fifty-two week low of $4.00 and a fifty-two week high of $12.90. The company has a quick ratio of 4.04, a current ratio of 4.60 and a debt-to-equity ratio of 0.32.
CVD Equipment (NASDAQ:CVV) last posted its quarterly earnings data on Wednesday, November 14th. The industrial products company reported ($0.39) EPS for the quarter. CVD Equipment had a negative net margin of 5.75% and a negative return on equity of 4.22%. The company had revenue of $4.03 million for the quarter.
Hedge funds and other institutional investors have recently bought and sold shares of the company. BB&T Securities LLC acquired a new position in shares of CVD Equipment during the 2nd quarter valued at about $132,000. Commonwealth Equity Services LLC increased its stake in shares of CVD Equipment by 154.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 32,478 shares of the industrial products company’s stock valued at $216,000 after acquiring an additional 19,700 shares during the last quarter. Finally, Wynnefield Capital Inc. increased its stake in shares of CVD Equipment by 7.4% during the 2nd quarter. Wynnefield Capital Inc. now owns 144,794 shares of the industrial products company’s stock valued at $964,000 after acquiring an additional 10,000 shares during the last quarter. 21.25% of the stock is owned by institutional investors.
Several research analysts recently weighed in on CVV shares. ValuEngine raised shares of CVD Equipment from a “sell” rating to a “hold” rating in a research note on Wednesday, September 12th. TheStreet downgraded shares of CVD Equipment from a “c-” rating to a “d” rating in a research note on Monday, November 19th.
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CVD Equipment Company Profile
CVD Equipment Corporation develops, manufactures, and sells equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications in the United States and internationally. It operates through two segments, CVD/First Nano and SDC. The company offers chemical vapor deposition systems for use in the research, development, and manufacture of aerospace and medical components, semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial applications; and rapid thermal processing systems for use in implant activation, oxidation, silicide formation, and other processes.
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