Cenveo, Inc. (NYSE CVO) traded up $0.02 during trading on Monday, hitting $1.20. The company had a trading volume of 27,972 shares. The company has a quick ratio of 0.99, a current ratio of 1.46 and a debt-to-equity ratio of -1.73.
In related news, Chairman Robert G. Sr Burton, Sr. bought 24,390 shares of the company’s stock in a transaction on Tuesday, August 29th. The shares were purchased at an average cost of $4.10 per share, for a total transaction of $99,999.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gerald S. Armstrong bought 10,000 shares of the company’s stock in a transaction on Tuesday, August 29th. The stock was bought at an average price of $4.02 per share, for a total transaction of $40,200.00. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 90,695 shares of company stock worth $349,165. Corporate insiders own 12.70% of the company’s stock.
A hedge fund recently raised its stake in Cenveo stock. Northern Trust Corp raised its stake in Cenveo, Inc. (NYSE:CVO) by 2.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,139 shares of the business services provider’s stock after acquiring an additional 436 shares during the quarter. Northern Trust Corp owned approximately 0.22% of Cenveo worth $117,000 as of its most recent filing with the Securities & Exchange Commission. 46.37% of the stock is owned by institutional investors.
Cenveo, Inc is a diversified manufacturing company focused on print-related products. The Company’s portfolio of products includes envelope converting, commercial printing and label manufacturing. The Company operates through three segments: Envelope, Print and Label. The Company’s Envelope segment offers direct mail products used for customer solicitations and transactional envelopes used for billing and remittance by end users, including financial institutions, insurance companies and telecommunications companies.
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