Latest Stocks: Insider Buying: Cenveo, Inc. (CVO) Major Shareholder Acquires 37,656 Shares of Stock

Latest Stocks: Insider Buying: Cenveo, Inc. (CVO) Major Shareholder Acquires 37,656 Shares of Stock

Cenveo, Inc. (NYSE:CVO) major shareholder Nathu R. Puri purchased 37,656 shares of Cenveo stock in a transaction dated Tuesday, May 16th. The shares were acquired at an average cost of $5.11 per share, for a total transaction of $192,422.16. Following the completion of the transaction, the insider now owns 870,000 shares of the company’s stock, valued at approximately $4,445,700. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of Cenveo, Inc. (NYSE CVO) opened at 6.20 on Tuesday. The stock has a market capitalization of $53.03 million, a price-to-earnings ratio of 1.16 and a beta of 2.04. The stock’s 50 day moving average is $4.92 and its 200 day moving average is $5.90. Cenveo, Inc. has a 1-year low of $3.52 and a 1-year high of $10.50.

Separately, TheStreet lowered shares of Cenveo from a “c-” rating to a “d+” rating in a report on Tuesday, May 16th. Cenveo Company Profile

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