Intevac, Inc. (NASDAQ:IVAC) Stock Holdings Lifted by Marquette Asset Management LLC

Marquette Asset Management LLC grew its position in Intevac, Inc. (NASDAQ:IVAC) by 29.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 66,273 shares of the electronics maker’s stock after purchasing an additional 14,888 shares during the period. Marquette Asset Management LLC owned about 0.25% of Intevac worth $225,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Geode Capital Management LLC increased its holdings in Intevac by 2.9% in the third quarter. Geode Capital Management LLC now owns 287,163 shares of the electronics maker’s stock worth $977,000 after buying an additional 8,063 shares during the last quarter. XTX Topco Ltd bought a new stake in Intevac in the third quarter worth approximately $49,000. RBF Capital LLC grew its position in Intevac by 6.6% in the third quarter. RBF Capital LLC now owns 221,553 shares of the electronics maker’s stock worth $753,000 after acquiring an additional 13,777 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Intevac by 9.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 112,336 shares of the electronics maker’s stock worth $382,000 after purchasing an additional 10,013 shares during the last quarter. Finally, Royce & Associates LP raised its holdings in shares of Intevac by 1.2% during the 3rd quarter. Royce & Associates LP now owns 3,545,897 shares of the electronics maker’s stock valued at $12,056,000 after purchasing an additional 43,052 shares in the last quarter. 60.27% of the stock is owned by hedge funds and other institutional investors.

Intevac Stock Down 1.4 %

Shares of IVAC stock opened at $3.45 on Wednesday. Intevac, Inc. has a 12 month low of $2.46 and a 12 month high of $4.51. The company has a market cap of $93.06 million, a PE ratio of -10.45 and a beta of 0.66. The business’s 50 day moving average is $3.08 and its two-hundred day moving average is $3.41.

Intevac (NASDAQ:IVAC) last posted its earnings results on Monday, November 11th. The electronics maker reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.07. The business had revenue of $28.51 million for the quarter. Intevac had a negative net margin of 13.55% and a negative return on equity of 8.82%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on IVAC shares. Benchmark reiterated a “hold” rating on shares of Intevac in a report on Tuesday, November 12th. StockNews.com began coverage on Intevac in a research note on Wednesday, January 1st. They set a “hold” rating for the company.

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.