Weber Alan W buys $1,710,162 stake in Cenveo (CVO)

Cenveo (CVO) : Weber Alan W scooped up 197,413 additional shares in Cenveo during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 225,615 shares of Cenveo which is valued at $1,710,162.Cenveo makes up approximately 1.09% of Weber Alan W’s portfolio.

Other Hedge Funds, Including , Ingalls Snyder reduced its stake in CVO by selling 13,990 shares or 29.44% in the most recent quarter. The Hedge Fund company now holds 33,532 shares of CVO which is valued at $254,173. Cenveo makes up approx 0.01% of Ingalls Snyder’s portfolio.Deltec Asset Management reduced its stake in CVO by selling 3,463 shares or 65.95% in the most recent quarter. The Hedge Fund company now holds 1,788 shares of CVO which is valued at $16,986.

Cenveo opened for trading at $6.75 and hit $7.52 on the upside on Tuesday, eventually ending the session at $7.4, with a gain of 9.63% or 0.65 points. The heightened volatility saw the trading volume jump to 34,608 shares. Company has a market cap of $63 M.

Cenveo Inc. is a diversified manufacturing company focused on print-related products. The Company’s portfolio of products includes envelope converting commercial printing label manufacturing and specialty packaging. The Company operates through three segments: Envelope Print and Label and Packaging. The Company’s Envelope segment offers direct mail products used for customer solicitations and transactional envelopes used for billing and remittance by end users including financial institutions insurance companies and telecommunications companies. The Company’s Print segment primarily caters to the consumer products automotive travel and leisure and telecommunications industries. The Company’s Label and Packaging segment produces a line of custom labels for a range of industries including manufacturing warehousing packaging food and beverage and health and beauty.

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