Algert Global buys $2,436,116 stake in Commercial Vehicle Group (CVGI)

Commercial Vehicle Group (CVGI) : Algert Global scooped up 149,799 additional shares in Commercial Vehicle Group during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 431,171 shares of Commercial Vehicle Group which is valued at $2,436,116.Commercial Vehicle Group makes up approximately 0.71% of Algert Global’s portfolio.

Other Hedge Funds, Including , Creative Planning added CVGI to its portfolio by purchasing 100 company shares during the most recent quarter which is valued at $565.

Commercial Vehicle Group closed down -0.04 points or -0.70% at $5.65 with 91,968 shares getting traded on Tuesday. Post opening the session at $5.68, the shares hit an intraday low of $5.62 and an intraday high of $5.82 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

Commercial Vehicle Group Inc. (CVG) is a supplier of a range of cab related products and systems for the global commercial vehicle market including the medium-and heavy-duty truck (MD/HD Truck) market the medium-and heavy-construction vehicle market and the military bus agriculture specialty transportation mining industrial equipment and off-road recreational markets. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells seats and seating systems; trim systems and components; cab structures sleeper boxes body panels and structural components and mirrors wipers and controls. The GCA Segment offers electronic wire harnesses and panel assemblies; seats and seating systems; office seating and wipers systems.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *