Heartland Advisors has picked up 88,747 additional shares of Invacare stock, the firm disclosed in a report filed with the SEC on May 3. Heartland Advisors now holds about 3.6 million shares valued at about $39.95 million.
Invacareis an official supporter of the 2016 Invictus Games, which will be held May 8-12 in Orlando, Fla. The company has also donated sports wheelchairs and handbikes for competitors to use as part of the Games.
ELYRIA, Ohio – Invacare reported a net loss of $8.6 million for the first quarter of 2016 compared to a net loss of $7.3 million for the same quarter last year. It reported net sales of $257.6 million vs. $289 million.