November 23, 2016 - By Nellie Frank
As exposed in a legal document that was filled with the Security and Exchange Commission on November 22, 2016, Bruce Swan, shareholder of Cvd Equipment Corp and an insider with a special knowledge about the firm, sold 2,439 shares of the corporation and paid for them close to $19,146 U.S. Dollars based on an average market stock price per share of $7.9. This is not his first insider trade, in the last 30 days, he sold another 4,000 shares worth $31,800 USD. The probability of this stocks unloading staying disregarded is super low, with the shareholder presently having in hand 10,271 shares —- that is 0.16% of the total market capitalization of the Company.
Insitutional Activity: The institutional sentiment increased to 2.75 in Q2 2016. Its up 1.89, from 0.86 in 2016Q1. The ratio improved, as 1 funds sold all CVD Equipment Corporation shares owned while 6 reduced positions. 3 funds bought stakes while 3 increased positions. They now own 993,416 shares or 0.80% less from 1.00 million shares in 2016Q1.
Moreover, National Bank Of America De has 0% invested in CVD Equipment Corporation (NASDAQ:CVV) for 201 shares. Northern Trust Corporation has 10,863 shares for 0% of their US portfolio. Manufacturers Life Insur Company The holds 0% of its portfolio in CVD Equipment Corporation (NASDAQ:CVV) for 71 shares. Benjamin F Edwards & accumulated 0% or 20 shares. Renaissance Technologies holds 0% of its portfolio in CVD Equipment Corporation (NASDAQ:CVV) for 57,400 shares. Janney Montgomery Scott Ltd Liability Co has invested 0.01% of its portfolio in CVD Equipment Corporation (NASDAQ:CVV). California Pub Employees Retirement has invested 0% of its portfolio in CVD Equipment Corporation (NASDAQ:CVV). Walleye Trading Ltd last reported 0% of its portfolio in the stock. Geode Cap Mgmt Lc has invested 0% of its portfolio in CVD Equipment Corporation (NASDAQ:CVV). Manatuck Hill Prtn Limited Liability Company holds 1.08% or 285,000 shares in its portfolio. Wells Fargo And Mn holds 0% or 4,875 shares in its portfolio. Blackrock Fund Advsr accumulated 13,521 shares or 0% of the stock. Vanguard Group Inc last reported 166,119 shares in the company. Awm Invest Co Inc accumulated 288,700 shares or 0.53% of the stock. Keybank National Association Oh has 16,000 shares for 0% of their US portfolio.
Insider Transactions: Since September 21, 2016, the stock had 0 insider buys, and 2 sales for $48,760 net activity. Swan Bruce T also sold $31,800 worth of CVD Equipment Corporation (NASDAQ:CVV) on Wednesday, November 16.
The stock decreased 0.38% or $0.03 on November 22, hitting $7.83. About 19,554 shares traded hands. CVD Equipment Corporation (NASDAQ:CVV) has risen 1.17% since April 21, 2016 and is uptrending. It has underperformed by 4.16% the S&P500.
CVD Equipment Corporation designs and makes equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications. The company has a market cap of $47.99 million. The Firm operates through two divisions: CVD/First Nano and Stainless Design Concepts . It currently has negative earnings. 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.
According to Zacks Investment Research, “CVD Equipment Corporation designs, develops and manufactures customized equipment and process solutions used to develop and manufacture solar, nano and advanced electronic components, materials and coatings for research and industrial applications. It offers a broad range of chemical vapor deposition, gas control and other equipment used by customers to research, design and manufacture semiconductors, solar cells, carbon nanotubes, nanowires, LEDs, MEMS, smart glass coatings, battery and/or ultra capacitor materials, medical and industrial coatings. The Company’s products are sold to the semiconductor, optoelectronic, wireless telecommunications, and aerospace industries. CVD Equipment Corporation, formerly known as CDV Equipment Corporation, is headquartered in Ronkonkoma, New York.”
Another recent and important CVD Equipment Corporation (NASDAQ:CVV) news was published by Marketwatch.com which published an article titled: “CVD Equipment Corp.” on October 18, 2010.
CVD Equipment Corporation, incorporated on October 13, 1982, creates and makes equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications. The Firm operates through two divisions: CVD/First Nano and Stainless Design Concepts (SDC). The Company’s principal products include chemical vapor deposition, rapid thermal processing (RTP), annealing and diffusion furnaces, purity gas and liquid control systems, and quartz-ware. The Firm sells its products primarily to electronic component manufacturers; institutions involved in electronic component research, such as universities, government and industrial laboratories, and to industries, such as aerospace that require specialized coatings.
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By Nellie Frank