SG Americas Securities LLC Has $61,000 Stock Position in Intevac, Inc. (NASDAQ:IVAC)

SG Americas Securities LLC raised its position in Intevac, Inc. (NASDAQ:IVAC) by 28.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,168 shares of the electronics maker’s stock after acquiring an additional 3,114 shares during the period. SG Americas Securities LLC’s holdings in Intevac were worth $61,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. grew its stake in shares of Intevac by 0.5% in the 1st quarter. BlackRock Inc. now owns 558,108 shares of the electronics maker’s stock valued at $4,091,000 after purchasing an additional 3,011 shares during the period. Barclays PLC grew its stake in shares of Intevac by 66.6% in the 3rd quarter. Barclays PLC now owns 8,574 shares of the electronics maker’s stock valued at $27,000 after purchasing an additional 3,426 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Intevac by 17.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 26,100 shares of the electronics maker’s stock valued at $169,000 after purchasing an additional 3,900 shares during the period. Millennium Management LLC grew its stake in shares of Intevac by 3.6% in the 2nd quarter. Millennium Management LLC now owns 112,464 shares of the electronics maker’s stock valued at $544,000 after purchasing an additional 3,902 shares during the period. Finally, Morgan Stanley grew its stake in shares of Intevac by 20.2% in the 4th quarter. Morgan Stanley now owns 25,213 shares of the electronics maker’s stock valued at $163,000 after purchasing an additional 4,238 shares during the period. Institutional investors and hedge funds own 60.27% of the company’s stock.

Intevac Stock Performance

NASDAQ:IVAC opened at $3.61 on Friday. The stock’s fifty day moving average price is $3.84 and its two-hundred day moving average price is $3.87. Intevac, Inc. has a 52-week low of $3.07 and a 52-week high of $7.28. The company has a market cap of $95.95 million, a price-to-earnings ratio of -7.68 and a beta of 0.73.

Intevac (NASDAQ:IVAC) last posted its quarterly earnings data on Monday, February 5th. The electronics maker reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $12.91 million for the quarter. Intevac had a negative return on equity of 9.31% and a negative net margin of 23.15%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Intevac from a “sell” rating to a “hold” rating in a research note on Monday, February 19th.

Intevac Company 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.