INVE Technologies (NASDAQ: INVE) commenced a modified Dutch auction tender offer to repurchase up to $20 million of its common stock. The company also issued preliminary unaudited results for the third quarter ended September 30, 2026.
INVE expects third-quarter revenue of $2.9 million to $3.1 million and net income of $0.4 million to $0.8 million. It reported a September 30 cash balance of $87.1 million and expects to release final third-quarter results around November 12, 2026.
- Tender offer price range is $2.85 to $3.40 per share.
- The offer expires at 5:00 p.m. New York City time on November 19, 2026, unless extended or terminated.
- Preliminary net income per share is projected at $0.01 to $0.02.
- Preliminary gross margin is projected at 18% to 19%.
- A fully subscribed offer would represent about 24.7% to 29.4% of outstanding shares as of October 19, 2026.
$INVE Hedge Fund Activity
We have seen 30 institutional investors add shares of $INVE stock to their portfolio, and 25 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AIGH CAPITAL MANAGEMENT LLC added 1,039,935 shares (+254.1%) to their portfolio in Q2 2026, for an estimated $2,620,636
- ROYCE & ASSOCIATES LP removed 675,304 shares (-57.4%) from their portfolio in Q2 2026, for an estimated $1,701,766
- PILLSBURY LAKE CAPITAL LLC removed 491,657 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $1,238,975
- ESSEX INVESTMENT MANAGEMENT CO LLC removed 484,438 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $1,143,273
- RENAISSANCE TECHNOLOGIES LLC added 254,598 shares (+97.3%) to their portfolio in Q2 2026, for an estimated $641,586
- PEAPOD LANE CAPITAL LLC added 210,482 shares (+55.9%) to their portfolio in Q2 2026, for an estimated $530,414
- PRELUDE CAPITAL MANAGEMENT, LLC removed 198,167 shares (-84.5%) from their portfolio in Q2 2026, for an estimated $499,380
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
