Vontobel Holding Ltd. increased its stake in Karman Holdings Inc. by 53.3% in the third quarter, according to a recent 13F filing. It acquired an additional 45,847 shares, bringing its total holdings to 131,881 shares, valued at approximately $4.28 million.
Analysts have a consensus rating of Moderate Buy on Karman, with an average price target of $87.33.
Karman recently reported quarterly revenue of $182.06 million, up 58.2% year over year. Earnings per share were $0.14, beating analyst estimates. A company director also recently purchased shares.