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)
Lam Research • Milacron • Cricut • Veeco Instruments • Axcelis • Manitex International • Desktop Metal • Amtech Systems • Energy Recovery • Azenta ...
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)
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
8-K
Intevac Announces Second Quarter 2023 Financial Results
2 Aug 23
8-K
Departure of Directors or Certain Officers
18 Jul 23
8-K
Intevac Announces Appointment of Houlihan Lokey to Evaluate Strategic Options
13 Jun 23
8-K/A
Submission of Matters to a Vote of Security Holders
31 May 23
8-K
Other Events
31 May 23
SD
Conflict minerals disclosure
24 May 23
8-K
Submission of Matters to a Vote of Security Holders
19 May 23
Transcripts
IVAC
Earnings call transcript
2023 Q2
2 Aug 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
IVAC
Earnings call transcript
2021 Q3
2 Nov 21
IVAC
Earnings call transcript
2021 Q2
3 Aug 21
IVAC
Earnings call transcript
2021 Q1
4 May 21
IVAC
Earnings call transcript
2020 Q4
4 Feb 21
Latest ownership filings
Financial summary
| Quarter (USD) | Jul 23 | Apr 23 | Dec 22 | Oct 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) | 43.98 mm | 43.98 mm | 43.98 mm | 43.98 mm | 43.98 mm | 43.98 mm |
| Cash burn (monthly) | 2.94 mm | 807.75 k | 1.82 mm | 1.36 mm | 3.26 mm | 2.45 mm |
| Cash used (since last report) | 8.78 mm | 2.41 mm | 5.43 mm | 4.07 mm | 9.76 mm | 7.32 mm |
| Cash remaining | 35.20 mm | 41.56 mm | 38.55 mm | 39.91 mm | 34.22 mm | 36.66 mm |
| Runway (months of cash) | 12.0 | 51.5 | 21.2 | 29.3 | 10.5 | 15.0 |
Institutional ownership, Q2 2023
73.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 70 |
| Opened positions | 20 |
| Closed positions | 14 |
| Increased positions | 25 |
| Reduced positions | 16 |
| 13F shares | Current |
|---|---|
| Total value | 68.71 bn |
| Total shares | 19.31 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 31 Jul 23 | Nigel Hunton | Common Stock | Grant | Acquire A | No | No | 3.04 | 2,500 | 7.60 k | 388,753 |
| 18 May 23 | Dury David S | Common Stock | Grant | Acquire A | No | No | 0 | 17,000 | 0.00 | 146,000 |