Gamco Investors INC. ET AL Buys 5,800 Shares of Intevac, Inc. (NASDAQ:IVAC)

Gamco Investors INC. ET AL grew its stake in shares of Intevac, Inc. (NASDAQ:IVAC) by 1.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 561,228 shares of the electronics maker’s stock after purchasing an additional 5,800 shares during the period. Gamco Investors INC. ET AL owned approximately 2.11% of Intevac worth $2,155,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of IVAC. Acuitas Investments LLC bought a new stake in Intevac during the 4th quarter valued at approximately $710,000. Vanguard Group Inc. boosted its position in shares of Intevac by 6.6% during the first quarter. Vanguard Group Inc. now owns 1,360,066 shares of the electronics maker’s stock valued at $5,223,000 after purchasing an additional 83,958 shares in the last quarter. Palogic Value Management L.P. grew its stake in Intevac by 22.1% in the fourth quarter. Palogic Value Management L.P. now owns 372,457 shares of the electronics maker’s stock worth $1,609,000 after purchasing an additional 67,457 shares during the period. GSA Capital Partners LLP raised its holdings in Intevac by 94.2% in the first quarter. GSA Capital Partners LLP now owns 111,475 shares of the electronics maker’s stock worth $428,000 after purchasing an additional 54,060 shares in the last quarter. Finally, Gabelli Funds LLC lifted its position in Intevac by 11.2% during the fourth quarter. Gabelli Funds LLC now owns 352,680 shares of the electronics maker’s stock valued at $1,524,000 after buying an additional 35,628 shares during the period. Institutional investors own 60.27% of the company’s stock.

Intevac Stock Up 0.5 %

Shares of NASDAQ IVAC traded up $0.02 on Friday, reaching $3.69. 37,600 shares of the company’s stock traded hands, compared to its average volume of 208,944. The business’s 50 day simple moving average is $3.90 and its two-hundred day simple moving average is $3.95. Intevac, Inc. has a 12 month low of $3.07 and a 12 month high of $4.57. The company has a market cap of $98.09 million, a price-to-earnings ratio of -9.71 and a beta of 0.82.

Intevac (NASDAQ:IVAC) last posted its quarterly earnings results on Thursday, April 25th. The electronics maker reported ($0.10) earnings per share for the quarter. The company had revenue of $9.63 million during the quarter. Intevac had a negative return on equity of 8.17% and a negative net margin of 19.52%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Intevac from a “sell” rating to a “hold” rating in a research report on Saturday.

Intevac Profile

Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.