334,927 Shares in KVH Industries, Inc. (NASDAQ:KVHI) Acquired by Peapod Lane Capital LLC

Peapod Lane Capital LLC purchased a new position in shares of KVH Industries, Inc. (NASDAQ:KVHI) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 334,927 shares of the communications equipment provider’s stock, valued at approximately $1,909,000. KVH Industries accounts for about 1.9% of Peapod Lane Capital LLC’s investment portfolio, making the stock its 20th largest position. Peapod Lane Capital LLC owned approximately 1.69% of KVH Industries at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Barclays PLC raised its position in shares of KVH Industries by 4.2% in the 3rd quarter. Barclays PLC now owns 65,466 shares of the communications equipment provider’s stock worth $316,000 after buying an additional 2,645 shares during the period. State Street Corp increased its stake in KVH Industries by 6.0% during the third quarter. State Street Corp now owns 59,980 shares of the communications equipment provider’s stock worth $290,000 after acquiring an additional 3,400 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of KVH Industries in the 2nd quarter worth about $30,000. Finally, AQR Capital Management LLC acquired a new position in shares of KVH Industries in the 2nd quarter valued at about $63,000. Institutional investors and hedge funds own 73.66% of the company’s stock.

KVH Industries Trading Down 0.3 %

Shares of NASDAQ:KVHI opened at $5.98 on Thursday. KVH Industries, Inc. has a 1 year low of $4.17 and a 1 year high of $6.16. The stock has a 50-day simple moving average of $5.78 and a 200-day simple moving average of $5.11.

KVH Industries Profile

KVH Industries, Inc, together with its subsidiaries, engages in the design, development, manufacture, and marketing of mobile connectivity solutions for the marine and land mobile markets in the United States and internationally. The company offers Internet and VoIP airtime services; AgilePlans, a Connectivity as a Service solution; KVH Link, a crew wellbeing content subscription service with delivery by IP-Mobilecast; and OpenNet, a KVH VSAT data delivering service for non-KVH Ku-band VSAT terminals.