about intevac intevac was founded in 1991 and has two businesses: equipment and photonics. in our equipment business, we are a leader in the design and development of high productivity, thin film processing systems. our production-proven platforms are designed for high volume manufacturing of substrates with precise thin film properties. intevac is the market and technology leader in the hard drive industry with approximately 60% of all magnetic disk media produced worldwide. our technology solutions improve performance and throughput, and continue to expand into additional markets - including solar and adjacent thin film deposition applications. in our photonics business, we are a recognized leading developer of advanced high-sensitivity digital sensors, cameras and systems that primarily serve the defense industry. we are the sole source provider of integrated digital imaging systems for most u.s. military night vision programs. • company industries hard disk drive, vacuum coating an
Company profile
Ticker
IVAC
Exchange
Website
CEO
Wendell Thomas Blonigan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Intevac Photonics, Inc. • Intevac Pacific Group Holdings Ltd. Pte • Lotus Technologies, Inc. • IRPC, Inc. • Intevac Foreign Sales Corporation • Intevac Asia Private Limited • Intevac Malaysia Sdn Bhd • Intevac Limited • Intevac (Shenzhen) Co. Ltd. ...
IRS number
943125814
IVAC stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
10 Apr 24
DEF 14A
Definitive proxy
10 Apr 24
10-K
2023 FY
Annual report
15 Feb 24
8-K
Intevac Announces Fourth Quarter and Full Year 2023 Financial Results
5 Feb 24
8-K
Entry into a Material Definitive Agreement
6 Dec 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Intevac Announces Third Quarter 2023 Financial Results
1 Nov 23
8-K/A
Departure of Directors or Certain Officers
22 Aug 23
S-8
Registration of securities for employees
3 Aug 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
Transcripts
IVAC
Earnings call transcript
2023 Q4
5 Feb 24
IVAC
Earnings call transcript
2023 Q3
1 Nov 23
IVAC
Earnings call transcript
2023 Q2
2 Aug 23
IVAC
Earnings call transcript
2023 Q1
3 May 23
IVAC
Earnings call transcript
2023 Q1
3 May 23
IVAC
Earnings call transcript
2022 Q4
1 Feb 23
IVAC
Earnings call transcript
2022 Q3
2 Nov 22
IVAC
Earnings call transcript
2022 Q2
7 Aug 22
IVAC
Earnings call transcript
2022 Q1
9 May 22
IVAC
Earnings call transcript
2021 Q4
10 Feb 22
Latest ownership filings
SC 13G/A
Bleichroeder LP
14 Feb 24
SC 13G/A
NEEDHAM INVESTMENT MANAGEMENT LLC
14 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
4
Nigel Hunton
2 Feb 24
SC 13G
BlackRock Inc.
26 Jan 24
SC 13G/A
ROYCE & ASSOCIATES LP
23 Jan 24
4
Nigel Hunton
23 Jan 24
SC 13D
GAMCO INVESTORS, INC. ET AL
18 Aug 23
4
Kevin Soulsby
18 Aug 23
3
Kevin Soulsby
8 Aug 23
Financial summary
Quarter (USD) | Sep 23 | Jul 23 | Apr 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Jan 22 | Jan 21 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 43.82 mm | 43.82 mm | 43.82 mm | 43.82 mm | 43.82 mm | 43.82 mm |
Cash burn (monthly) | 51.33 k | 2.33 mm | 476.00 k | 1.22 mm | 2.51 mm | 4.35 mm |
Cash used (since last report) | 348.97 k | 15.84 mm | 3.24 mm | 8.27 mm | 17.06 mm | 29.56 mm |
Cash remaining | 43.47 mm | 27.99 mm | 40.59 mm | 35.55 mm | 26.76 mm | 14.26 mm |
Runway (months of cash) | 846.9 | 12.0 | 85.3 | 29.2 | 10.7 | 3.3 |
Institutional ownership, Q2 2023
72.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 71 |
Opened positions | 21 |
Closed positions | 14 |
Increased positions | 25 |
Reduced positions | 16 |
13F shares | Current |
---|---|
Total value | 68.74 bn |
Total shares | 19.32 mm |
Total puts | 2.60 k |
Total calls | 2.70 k |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Bleichroeder | 5.04 mm | $18.90 bn |
Royce & Associates | 2.94 mm | $11.02 bn |
BLK Blackrock | 1.57 mm | $5.88 bn |
Dimensional Fund Advisors | 1.48 mm | $5.56 bn |
Vanguard | 1.21 mm | $4.52 bn |
Needham Investment Management | 1.02 mm | $3.82 bn |
Renaissance Technologies | 630.58 k | $2.37 mm |
Kennedy Capital Management | 595.92 k | $2.23 bn |
Geode Capital Management | 490.61 k | $1.84 bn |
Gamco Investors | 391.50 k | $1.47 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Jan 24 | Nigel Hunton | Common Stock | Grant | Acquire A | No | No | 3.01 | 2,500 | 7.53 k | 361,371 |
19 Jan 24 | Nigel Hunton | Common Stock | Payment of exercise | Dispose F | No | No | 4.29 | 29,882 | 128.19 k | 358,871 |
17 Aug 23 | Kevin Soulsby | Common Stock | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 34,619 |
4 Aug 23 | Moniz James P | Common Stock | Payment of exercise | Dispose F | No | No | 3.84 | 2,746 | 10.54 k | 265,947 |
4 Aug 23 | Moniz James P | Common Stock | Payment of exercise | Dispose F | No | No | 3.84 | 4,518 | 17.35 k | 268,693 |
4 Aug 23 | Moniz James P | Common Stock | Payment of exercise | Dispose F | No | No | 3.84 | 2,422 | 9.30 k | 273,211 |