Jump Financial LLC Decreases Stake in Commercial Vehicle Group, Inc. (NASDAQ:CVGI)

Jump Financial LLC cut its stake in Commercial Vehicle Group, Inc. (NASDAQ:CVGIFree Report) by 16.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 45,153 shares of the company’s stock after selling 8,747 shares during the period. Jump Financial LLC’s holdings in Commercial Vehicle Group were worth $350,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Ameritas Investment Partners Inc. bought a new stake in Commercial Vehicle Group during the second quarter worth approximately $29,000. Quarry LP bought a new stake in Commercial Vehicle Group during the second quarter worth approximately $38,000. Allspring Global Investments Holdings LLC bought a new stake in Commercial Vehicle Group during the third quarter worth approximately $34,000. Quantbot Technologies LP boosted its holdings in Commercial Vehicle Group by 133.3% during the second quarter. Quantbot Technologies LP now owns 4,900 shares of the company’s stock worth $28,000 after buying an additional 2,800 shares in the last quarter. Finally, Advisor Group Holdings Inc. bought a new stake in Commercial Vehicle Group during the first quarter worth approximately $67,000. 70.51% of the stock is currently owned by institutional investors.

Commercial Vehicle Group Stock Up 4.2 %

CVGI stock opened at $6.69 on Tuesday. Commercial Vehicle Group, Inc. has a 12-month low of $5.48 and a 12-month high of $11.96. The company has a quick ratio of 1.34, a current ratio of 2.06 and a debt-to-equity ratio of 0.93. The company has a market cap of $225.52 million, a price-to-earnings ratio of -33.45, a PEG ratio of 0.34 and a beta of 2.76. The company has a 50 day moving average of $6.67 and a two-hundred day moving average of $7.44.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on CVGI. TheStreet cut shares of Commercial Vehicle Group from a “c” rating to a “d+” rating in a report on Thursday, November 2nd. StockNews.com upgraded shares of Commercial Vehicle Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, January 24th.

View Our Latest Research Report on Commercial Vehicle Group

About Commercial Vehicle Group

(Free Report)

Commercial Vehicle Group, Inc, together with its subsidiaries, designs, manufactures, produces, and sells components and assemblies in North America, Europe, and the Asia-Pacific regions. The company operates in four segments: Vehicle Solutions, Electrical Systems, Aftermarket & Accessories, and Industrial Automation.

See Also

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Institutional Ownership by Quarter for Commercial Vehicle Group (NASDAQ:CVGI)

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