Cenveo, Inc. (NYSE:CVO), saw a high level insider alter his position with the company through a transaction that began last week and was officially filed today, September 2nd. Director Mark Griffin acquired 3,000 shares of common stock at an average price of $3.0613 per share. As well, following this move Griffin has 206,732 shares directly invested in the company. Moreover, Cenveo, Inc. (NYSE:CVO) is a $211.11 million market cap diversified printing company in North America. The Company’s portfolio of products includes commercial printing, envelope converting, label manufacturing and specialty packaging production.
In addition, there are multiple hedge funds involved with the company. Jerome L. Simon‘s Lonestar Capital Management rose its exposure by 18% last quarter, now holding about 6.2 million shares worth approximately $23 million; while Scott Wallace‘s Wallace Capital Management has around 2.6 million shares involved with Cenveo, Inc. (NYSE:CVO), worth nearly $10 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.