The Benchmark Company downgraded Intevac from Buy to Hold
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/14/2023 | Buy → Hold | The Benchmark Company | |
| 1/3/2023 | $9.00 | Hold → Buy | The Benchmark Company |
| 2/10/2022 | Buy → Hold | Benchmark | |
| 2/10/2022 | Buy → Hold | The Benchmark Company |
The Benchmark Company downgraded Intevac from Buy to Hold
The Benchmark Company upgraded Intevac from Hold to Buy and set a new price target of $9.00
Benchmark downgraded Intevac from Buy to Hold
2024 Year-end Cash Expected to be $70-$72 million 2025 Revenue Expected to be $52-$55 million Quarterly Dividend of $0.05 per share to Begin in Q1 2025 HDD Business Projected to Generate ~$200 million of Revenue Over Next Three Years Intevac, Inc. (NASDAQ:IVAC) ("Intevac" or the "Company") today announced its anticipated year end cash position, 2025 revenue guidance, commencement of quarterly dividends, further restructuring to strengthen profitability, and a renewed focus on its pursuit of strategic options. At year end Intevac's cash position, composed of restricted cash, and investments, is expected to be in the range of $70-$72 million. 2025 revenue is expected to be in the ra
Intevac, Inc. (NASDAQ:IVAC), a leading supplier of thin-film processing systems, today announced the appointment of Ryan L. Vardeman to its board of directors (the "Board"), effective immediately. Mr. Vardeman is a principal and co-founder of Palogic Value Fund, L.P. ("Palogic"), which is a substantial shareholder of Intevac. "We are pleased to welcome Ryan to the Board," said Kevin Barber, chair of the Board. "We look forward to Ryan's contributions as a director and believe that he will further enhance the strength of our Board as we focus on building value for all stockholders." "I believe that Intevac is an outstanding company," said Mr. Vardeman. "I look forward to working with the
Replacing David S. Dury, Board Chairman Since 2017, as Part of the Company's Planned Succession Strategy Intevac, Inc. (NASDAQ:IVAC), a leading supplier of thin-film processing systems, today announced the appointment of Kevin Barber as the Company's Board Chairman, effective today. Mr. Barber succeeds David S. Dury, who has served as Board Chairman since 2017 and will remain on the Board until the annual meeting of stockholders in 2025. "I would like to thank David for his meaningful contributions during his time as Board Chairman," commented Nigel Hunton, Intevac's president and chief executive officer. "David has proven to be a critical asset to the Company and has been instrumental in
SCHEDULE 13D/A - INTEVAC INC (0001001902) (Subject)
SCHEDULE 13G/A - INTEVAC INC (0001001902) (Subject)
SC 14D9/A - INTEVAC INC (0001001902) (Subject)
Intevac, Inc. (NASDAQ:IVAC) ("Intevac"), a supplier of thin-film processing systems, today announced that a one-time special cash dividend of $0.052 per share of common stock will be paid on March 28, 2025, to all stockholders of record as of the close of business on March 24, 2025. The one-time special cash dividend is being paid in connection with the proposed acquisition of Intevac by Seagate Technology Holdings plc ("Seagate"). Seagate has commenced a tender offer (the "Offer") to acquire all of Intevac's outstanding common stock for $4.00 per share in cash. The tender offer is scheduled to expire at one minute after 11:59 p.m., Eastern Time, on March 28, 2025. Intevac's Board of Direc
Intevac Stockholders to Receive $4.00 Per Share in Cash, Plus a Special Dividend of $0.052 Per Share and a Regular Dividend of $0.05 Per Share Acquisition Delivers Compelling and Certain Cash Value Seagate Technology Holdings plc (NASDAQ:STX) ("Seagate"), a leading innovator of mass-capacity data storage, and Intevac, Inc. (NASDAQ:IVAC) ("Intevac"), a supplier of thin-film processing systems, today announced that Seagate has entered into a definitive agreement to acquire Intevac in an all-cash transaction for $4.00 per share (the "Transaction"). In connection with the closing of the Transaction, Intevac will pay a one-time special dividend of $0.052 per share. The payment of the speci
Intevac, Inc. (NASDAQ:IVAC) ("Intevac"), a leading supplier of thin-film processing systems, today announced that it plans to host an earnings conference call for its fiscal fourth quarter and full year 2024 at 1:30 p.m. PT (4:30 p.m. ET) on Tuesday, February 25th 2025. Event: Intevac Fourth Quarter and Fiscal Year 2024 Earnings Call Date: Tuesday, February 25th 2025 Time: 1:30 p.m. PT (4:30 p.m. ET) Live Call: 1 (877) 407-0989 (U.S. Toll-Free) or +1 (201) 389-0921 (International) Meeting number: 13751168 Webcast: https://www.webcast-eqs.com/login/intevac022525 or https://ir.intevac.com For those unable t
SC 13G/A - INTEVAC INC (0001001902) (Subject)
SC 13G/A - INTEVAC INC (0001001902) (Subject)
SC 13G/A - INTEVAC INC (0001001902) (Subject)
4 - INTEVAC INC (0001001902) (Issuer)
4 - INTEVAC INC (0001001902) (Issuer)
4 - INTEVAC INC (0001001902) (Issuer)
Intevac, Inc. (NASDAQ:IVAC) ("Intevac"), a supplier of thin-film processing systems, today announced that a one-time special cash dividend of $0.052 per share of common stock will be paid on March 28, 2025, to all stockholders of record as of the close of business on March 24, 2025. The one-time special cash dividend is being paid in connection with the proposed acquisition of Intevac by Seagate Technology Holdings plc ("Seagate"). Seagate has commenced a tender offer (the "Offer") to acquire all of Intevac's outstanding common stock for $4.00 per share in cash. The tender offer is scheduled to expire at one minute after 11:59 p.m., Eastern Time, on March 28, 2025. Intevac's Board of Direc
Intevac Stockholders to Receive $4.00 Per Share in Cash, Plus a Special Dividend of $0.052 Per Share and a Regular Dividend of $0.05 Per Share Acquisition Delivers Compelling and Certain Cash Value Seagate Technology Holdings plc (NASDAQ:STX) ("Seagate"), a leading innovator of mass-capacity data storage, and Intevac, Inc. (NASDAQ:IVAC) ("Intevac"), a supplier of thin-film processing systems, today announced that Seagate has entered into a definitive agreement to acquire Intevac in an all-cash transaction for $4.00 per share (the "Transaction"). In connection with the closing of the Transaction, Intevac will pay a one-time special dividend of $0.052 per share. The payment of the speci
Intevac, Inc. (NASDAQ:IVAC) ("Intevac"), a leading supplier of thin-film processing systems, today announced that it plans to host an earnings conference call for its fiscal fourth quarter and full year 2024 at 1:30 p.m. PT (4:30 p.m. ET) on Tuesday, February 25th 2025. Event: Intevac Fourth Quarter and Fiscal Year 2024 Earnings Call Date: Tuesday, February 25th 2025 Time: 1:30 p.m. PT (4:30 p.m. ET) Live Call: 1 (877) 407-0989 (U.S. Toll-Free) or +1 (201) 389-0921 (International) Meeting number: 13751168 Webcast: https://www.webcast-eqs.com/login/intevac022525 or https://ir.intevac.com For those unable t