Martin J. Teitelbaum Sells 5,000 Shares of CVD Equipment Co. (CVV) Stock

CVD Equipment Co. (NASDAQ:CVV) insider Martin J. Teitelbaum sold 5,000 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $11.90, for a total transaction of $59,500.00. Following the transaction, the insider now directly owns 73,133 shares of the company’s stock, valued at $870,282.70. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

CVD Equipment Co. (NASDAQ CVV) traded up $0.02 during trading on Thursday, hitting $11.44. 13,600 shares of the stock were exchanged, compared to its average volume of 14,971. CVD Equipment Co. has a 1 year low of $7.70 and a 1 year high of $13.50. The company has a market cap of $73.20, a P/E ratio of 16.31 and a beta of 1.26. The company has a quick ratio of 5.98, a current ratio of 6.67 and a debt-to-equity ratio of 0.07.

CVD Equipment (NASDAQ:CVV) last released its earnings results on Tuesday, November 14th. The industrial products company reported $0.22 earnings per share for the quarter. CVD Equipment had a net margin of 11.51% and a return on equity of 12.22%. The firm had revenue of $10.83 million during the quarter.

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of CVD Equipment by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 196,445 shares of the industrial products company’s stock valued at $2,174,000 after acquiring an additional 2,826 shares during the period. Janney Montgomery Scott LLC boosted its holdings in CVD Equipment by 11.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 73,590 shares of the industrial products company’s stock worth $809,000 after buying an additional 7,500 shares during the period. Finally, Essex Investment Management Co. LLC boosted its holdings in CVD Equipment by 153.0% in the 3rd quarter. Essex Investment Management Co. LLC now owns 32,188 shares of the industrial products company’s stock worth $354,000 after buying an additional 19,464 shares during the period. 20.15% of the stock is owned by hedge funds and other institutional investors.

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About CVD Equipment

CVD Equipment Corporation designs and manufactures equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications. The Company operates through two divisions: CVD/First Nano and Stainless Design Concepts (SDC). 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.

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