Jane Street Group LLC Has $73,000 Holdings in Intevac, Inc. (NASDAQ:IVAC)

Jane Street Group LLC cut its stake in Intevac, Inc. (NASDAQ:IVAC) by 26.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,615 shares of the electronics maker’s stock after selling 7,930 shares during the period. Jane Street Group LLC owned approximately 0.08% of Intevac worth $73,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Renaissance Technologies LLC raised its stake in shares of Intevac by 7.8% in the fourth quarter. Renaissance Technologies LLC now owns 619,977 shares of the electronics maker’s stock valued at $2,108,000 after purchasing an additional 44,804 shares in the last quarter. Gamco Investors INC. ET AL increased its holdings in Intevac by 13.7% in the 4th quarter. Gamco Investors INC. ET AL now owns 590,428 shares of the electronics maker’s stock valued at $2,007,000 after buying an additional 71,100 shares during the period. Peapod Lane Capital LLC acquired a new position in shares of Intevac in the 4th quarter valued at $1,562,000. Gabelli Funds LLC raised its stake in shares of Intevac by 1.9% in the 4th quarter. Gabelli Funds LLC now owns 317,299 shares of the electronics maker’s stock valued at $1,079,000 after buying an additional 5,800 shares in the last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. lifted its holdings in shares of Intevac by 11.3% during the 4th quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 277,390 shares of the electronics maker’s stock worth $943,000 after acquiring an additional 28,200 shares during the period. 60.27% of the stock is currently owned by institutional investors and hedge funds.

Intevac Trading Down 0.1%

Shares of IVAC opened at $4.00 on Monday. Intevac, Inc. has a 1 year low of $2.46 and a 1 year high of $4.25. The stock has a 50 day simple moving average of $4.00 and a 200-day simple moving average of $3.70. The stock has a market cap of $108.54 million, a PE ratio of -12.11 and a beta of 0.62.

Intevac Dividend Announcement

The company also recently disclosed a special dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.052 per share. The ex-dividend date was Monday, March 24th. Intevac’s dividend payout ratio is -60.61%.

Analyst Ratings Changes

Separately, Wall Street Zen started coverage on shares of Intevac in a research note on Friday, May 16th. They issued a “sell” rating on the stock.

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.