KVHINasdaqCommunications Services, NECFiscal year ends December 31
KVH INDUSTRIES INC \DE\
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$6.18+0.26 (+4.39%)
Close on Oct 19, 2026
- Market cap
- $121.54M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
72.8%
13M of 18M shares
Institutional holders
97
39 new, 10 sold out
Net institutional buying
3M
In Q2 2026
Insider trades, 12 months
8 buys · 8 sales
Net bought $532.10K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Bdcm Ct, L.L.C. | 3,410,164 | 17.60% | 13D (active) amendment | Aug 22, 2025 |
| Bradley L. Radoff | 2,325,000 | 11.80% | 13G (passive) amendment | Aug 1, 2024 |
| Michael Torok | 1,400,000 | 7.18% | 13G (passive) amendment | Jun 30, 2025 |
| Torok Michael | 1,195,348 | 6.60% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of KVHI | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Black Diamond Capital Management I, LLLP | 3,508,824 | 19.34% | $34.77M | +6,819 | 23.02% |
| BlackRock, Inc. | 998,049 | 5.50% | $9.89M | +523,540 | 0.00% |
| Systematic Financial Management LP | 872,933 | 4.81% | $8.65M | −33,281 | 0.17% |
| Dimensional Fund Advisors LP | 686,015 | 3.78% | $6.80M | −51,321 | 0.00% |
| First Eagle Investment Management, LLC | 566,652 | 3.12% | $5.62M | +355,826 | 0.00% |
| Tema Etfs LLC | 546,272 | 3.01% | $5.41M | +545,096 | 0.17% |
| Toroso Investments, LLC | 546,272 | 3.01% | $5.41M | New | 0.01% |
| Vanguard Capital Management LLC | 541,405 | 2.98% | $5.37M | −156,056 | 0.00% |
| Acadian Asset Management LLC | 420,205 | 2.32% | $4.15K | +331,764 | 0.00% |
| Needham Investment Management LLC | 385,000 | 2.12% | $3.82M | – | 0.11% |
| Geode Capital Management, LLC | 334,546 | 1.84% | $3.32M | +172,201 | 0.00% |
| Essex Investment Management Co LLC | 293,132 | 1.62% | $2.90M | New | 0.38% |
| Renaissance Technologies LLC | 284,115 | 1.57% | $2.82M | −61,400 | 0.00% |
| Potomac Capital Management, Inc. | 260,501 | 1.44% | $2.58M | −205,399 | 1.76% |
| Peapod Lane Capital LLC | 249,907 | 1.38% | $2.48M | −164,831 | 1.67% |
| Bridgeway Capital Management, LLC | 212,092 | 1.17% | $2.10M | +64,117 | 0.04% |
| State Street Corp | 156,314 | 0.86% | $1.55M | +82,960 | 0.00% |
| O'Shaughnessy Asset Management, LLC | 125,634 | 0.69% | $1.25M | +32,211 | 0.01% |
| Cannell Capital LLC | 114,934 | 0.63% | $1.14M | New | 0.76% |
| Trexquant Investment LP | 104,514 | 0.58% | $1.04M | New | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 97 | 13M | 72.8% | 39 / 29 | 22 / 10 | 4M | 1M |
| Q1 2026 | 69 | 10M | 56.9% | 18 / 26 | 16 / 7 | 2M | 1M |
| Q4 2025 | 60 | 10M | 56.0% | 17 / 16 | 20 / 5 | 1M | 1M |
| Q3 2025 | 48 | 10M | 53.1% | 6 / 17 | 17 / 5 | 4M | 1M |
| Q2 2025 | 48 | 10M | 54.9% | 3 / 14 | 19 / 5 | 0M | 1M |
| Q1 2025 | 51 | 10M | 57.2% | 8 / 13 | 20 / 8 | 0M | 0M |
| Q4 2024 | 51 | 10M | 57.8% | 7 / 19 | 18 / 7 | 1M | 1M |
| Q3 2024 | 51 | 11M | 58.6% | 3 / 16 | 24 / 25 | 1M | 1M |
| Q2 2024 | 75 | 12M | 66.1% | 24 / 23 | 25 / 16 | 1M | 3M |
| Q1 2024 | 67 | 14M | 77.7% | 10 / 23 | 24 / 11 | 1M | 1M |
| Q4 2023 | 69 | 14M | 79.6% | 11 / 26 | 22 / 11 | 1M | 0M |
| Q3 2023 | 70 | 14M | 78.4% | 10 / 28 | 17 / 13 | 1M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of KVHI | Value | % of fund | As of |
|---|---|---|---|---|---|
| Tema Space Innovators ETF | 718,801 | 3.96% | $6.67M | 0.26% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 372,956 | 2.06% | $3.70M | 0.00% | Jun 30, 2026 |
| First Eagle Small Cap Opportunity Fund | 338,367 | 1.87% | $3.13M | 0.11% | Jul 31, 2026 |
| Needham Aggressive Growth Fund | 300,000 | 1.65% | $2.97M | 0.11% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 288,925 | 1.59% | $2.86M | 0.00% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 150,805 | 0.83% | $1.49M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 135,614 | 0.75% | $1.26M | 0.00% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 114,170 | 0.63% | $1.13M | 0.01% | Jun 30, 2026 |
| U.S. Small Cap Portfolio | 112,689 | 0.62% | $1.04M | 0.01% | Jul 31, 2026 |
| Ultra-Small Company Fund | 90,400 | 0.50% | $895.86K | 0.91% | Jun 30, 2026 |
| U.S. Micro Cap Portfolio | 71,639 | 0.39% | $663.38K | 0.01% | Jul 31, 2026 |
| 1290 Essex Small Cap Growth Fund | 71,220 | 0.39% | $659.50K | 0.57% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 71,199 | 0.39% | $660.73K | 0.00% | May 31, 2026 |
| Dimensional U.S. Small Cap ETF | 65,657 | 0.36% | $607.98K | 0.00% | Jul 31, 2026 |
| U.S. Small Cap Value Portfolio | 63,177 | 0.35% | $585.02K | 0.00% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Brent C. Bruun | CEO, Director | 167,394 | 0.92% | Jun 12, 2026 |
| Felise Feingold | SVP General Counsel | 67,792 | 0.37% | Jun 12, 2026 |
| Anthony Pike | CFO | 18,200 | 0.10% | Mar 9, 2026 |
| David Tolley | Director | 76,234 | 0.42% | Aug 24, 2026 |
| David B. Kagan | Director | 73,447 | 0.40% | Aug 24, 2026 |
| Joseph Anthony Spytek | Director | 30,548 | 0.17% | Aug 24, 2026 |
| Stephen H. Deckoff | Director, 10% owner | 3,410,164 | 18.80% | Aug 24, 2026 |
| Charles Robert Trimble | Director | 184,121 | 1.01% | Feb 13, 2025 |
| Black Diamond Capital Management I, LLLP | 10% owner | 3,518,330 | 19.39% | Aug 24, 2026 |
| Bradley Louis Radoff | 10% owner | 2,470,000 | 13.62% | May 29, 2026 |
| Family Foundation Radoff | – | 2,475,000 | 13.64% | May 29, 2026 |
| Black Diamond Capital Management, L.L.C. | 10% owner | 3,396,527 | 18.72% | Dec 18, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| David Tolley Director | Aug 20, 2026 | Other | +13,499 | – | – | 76,234 |
| Black Diamond Capital Management I, LLLP 10% owner | Aug 20, 2026 | Award | +9,506 | – | – | 9,506 |
| Joseph Anthony Spytek Director | Aug 20, 2026 | Other | +12,548 | – | – | 30,548 |
| David B. Kagan Director | Aug 20, 2026 | Other | +13,055 | – | – | 73,447 |
| Brent C. Bruun CEO, Director | Jun 10, 2026 | Sale | −2,230 | $7.60 | $16.95K | 167,394 |
| Felise Feingold SVP General Counsel | Jun 10, 2026 | Sale | −1,862 | $7.60 | $14.15K | 67,792 |
| Bradley Louis Radoff 10% owner | May 27, 2026 | Sale | −24,059 | $11.39 | $274.03K | 290,000 |
| Bradley Louis Radoff 10% owner | May 27, 2026 | Sale | −10,941 | $10.78 | $117.94K | 314,059 |
| Brent C. Bruun CEO, Director | Mar 10, 2026 | Sale | −2,049 | $6.64 | $13.61K | 169,624 |
| Felise Feingold SVP General Counsel | Mar 10, 2026 | Sale | −1,594 | $6.64 | $10.58K | 69,654 |
| Felise Feingold SVP General Counsel | Feb 18, 2026 | Sale | −1,715 | $6.38 | $10.94K | 71,248 |
| Brent C. Bruun CEO, Director | Feb 18, 2026 | Sale | −3,537 | $6.38 | $22.57K | 171,673 |
| Bradley Louis Radoff 10% owner | Feb 12, 2026 | Buy | +30,000 | $6.26 | $187.80K | 2,180,000 |
| Black Diamond Capital Management I, LLLP 10% owner | Dec 9, 2025 | Buy | +60,201 | $6.02 | $362.41K | 3,498,596 |
| Black Diamond Capital Management I, LLLP 10% owner | Dec 8, 2025 | Buy | +2,461 | $6.05 | $14.89K | 3,438,395 |
| Black Diamond Capital Management I, LLLP 10% owner | Dec 5, 2025 | Buy | +7,956 | $5.99 | $47.66K | 3,435,934 |
| Black Diamond Capital Management I, LLLP 10% owner | Dec 2, 2025 | Buy | +13,000 | $6.06 | $78.78K | 3,427,978 |
| Black Diamond Capital Management I, LLLP 10% owner | Dec 1, 2025 | Buy | +3,345 | $6.00 | $20.07K | 3,414,978 |
| Black Diamond Capital Management I, LLLP 10% owner | Nov 28, 2025 | Buy | +11,697 | $5.99 | $70.07K | 3,411,633 |
| Family Foundation Radoff – | Nov 14, 2025 | Buy | +40,000 | $5.78 | $231.20K | 2,150,000 |
| Brent C. Bruun CEO, Director | Oct 15, 2025 | Sale | −717 | $5.77 | $4.14K | 175,210 |
| Joseph Anthony Spytek Director | Aug 21, 2025 | Other | +18,000 | – | – | 18,000 |
| David Tolley Director | Aug 21, 2025 | Other | +19,364 | – | – | 62,735 |
| David B. Kagan Director | Aug 21, 2025 | Other | +18,728 | – | – | 60,392 |
| Stephen H. Deckoff Director, 10% owner | Aug 21, 2025 | Award | +13,637 | – | – | 13,637 |
| Felise Feingold SVP General Counsel | Jun 10, 2025 | Sale | −1,601 | $5.22 | $8.36K | 72,963 |
| Brent C. Bruun CEO, Director | Jun 10, 2025 | Sale | −2,368 | $5.22 | $12.36K | 175,927 |
| Felise Feingold SVP General Counsel | Apr 2, 2025 | Sale | −1,125 | $5.17 | $5.82K | 74,564 |
| Brent C. Bruun CEO, Director | Apr 2, 2025 | Sale | −1,663 | $5.17 | $8.60K | 178,295 |
| Brent C. Bruun CEO, Director | Mar 11, 2025 | Sale | −3,141 | $5.12 | $16.08K | 179,958 |
| Felise Feingold SVP General Counsel | Mar 11, 2025 | Sale | −1,714 | $5.12 | $8.78K | 75,689 |
| Brent C. Bruun CEO, Director | Feb 19, 2025 | Sale | −3,530 | $5.81 | $20.51K | 183,099 |
| Felise Feingold SVP General Counsel | Feb 19, 2025 | Sale | −1,712 | $5.81 | $9.95K | 77,403 |
| Black Diamond Capital Management, L.L.C. 10% owner | Dec 16, 2024 | Buy | +22,499 | $5.78 | $130.04K | 3,384,054 |
| Family Foundation Radoff – | Nov 12, 2024 | Buy | +32,501 | $4.86 | $157.95K | 2,110,000 |
| Family Foundation Radoff – | Nov 11, 2024 | Buy | +17,499 | $4.67 | $81.72K | 2,077,499 |
| Brent C. Bruun CEO, Director | Oct 14, 2024 | Sale | −726 | $4.97 | $3.61K | 186,629 |
| Stephen H. Deckoff Director, 10% owner | Sep 12, 2024 | Buy | +50,200 | $4.47 | $224.39K | 3,357,398 |
| Family Foundation Radoff – | Sep 5, 2024 | Buy | +29,912 | $4.63 | $138.49K | 325,000 |
| Family Foundation Radoff – | Sep 4, 2024 | Buy | +30,088 | $4.63 | $139.31K | 295,088 |
| David B. Kagan Director | Aug 13, 2024 | Other | +22,839 | – | – | 41,664 |
| David Tolley Director | Aug 13, 2024 | Other | +23,615 | – | – | 43,371 |
| Charles Robert Trimble Director | Aug 13, 2024 | Other | +21,952 | – | – | 184,121 |
| Black Diamond Capital Management, L.L.C. 10% owner | Aug 13, 2024 | Award | +16,630 | – | – | 16,630 |
| Brent C. Bruun CEO, Director | Aug 6, 2024 | Sale | −2,440 | $4.57 | $11.15K | 187,355 |
| Felise Feingold SVP General Counsel | Aug 6, 2024 | Sale | −1,650 | $4.57 | $7.54K | 79,115 |
| Family Foundation Radoff – | Aug 5, 2024 | Buy | +50,500 | $4.50 | $227.25K | 2,060,000 |
| Family Foundation Radoff – | Aug 2, 2024 | Buy | +63,159 | $4.53 | $286.11K | 265,000 |
| Family Foundation Radoff – | Aug 1, 2024 | Buy | +239,173 | $4.35 | $1.04M | 2,009,500 |
| Felise Feingold SVP General Counsel | Jun 11, 2024 | Sale | −1,639 | $5.01 | $8.21K | 80,765 |
| Brent C. Bruun CEO, Director | Jun 11, 2024 | Sale | −2,424 | $4.88 | $11.83K | 189,795 |
| Brent C. Bruun CEO, Director | Apr 2, 2024 | Sale | −1,509 | $5.03 | $7.59K | 192,219 |
| Felise Feingold SVP General Counsel | Apr 2, 2024 | Sale | −1,111 | $5.03 | $5.59K | 82,404 |
| Robert J. Balog COO | Apr 2, 2024 | Sale | −1,262 | $5.03 | $6.35K | 95,944 |
| Felise Feingold SVP General Counsel | Mar 11, 2024 | Sale | −1,590 | $4.65 | $7.39K | 83,515 |
| Brent C. Bruun CEO, Director | Mar 11, 2024 | Sale | −2,682 | $4.65 | $12.47K | 193,728 |
| Robert J. Balog COO | Mar 11, 2024 | Sale | −1,798 | $4.65 | $8.36K | 97,206 |
| Roger Kuebel CFO | Mar 11, 2024 | Sale | −1,112 | $4.65 | $5.17K | 27,674 |
| Felise Feingold SVP General Counsel | Feb 16, 2024 | Other | +12,301 | – | – | 85,105 |
| Brent C. Bruun President & CEO, Director | Feb 16, 2024 | Other | +23,598 | – | – | 196,410 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.