Former type
|
Private |
---|---|
Industry | Computer products distribution and publishing |
Fate | Acquired by WYNIT Distribution, LLC |
Founded | 1983 (1983) |
Founder | Eric H. Paulson |
Defunct | 2013 (2013) |
Headquarters | Greenville, SC, United States |
Owner | Geof Lewis and Peter Richichi |
Number of employees
|
648 |
Parent | WYNIT Distribution, LLC |
Subsidiaries | Encore, Inc. BCI |
Website | www |
Navarre Corp. was a public distribution and publishing company founded in 1983 by Eric H. Paulson. The company was headquartered in New Hope, Minnesota. Navarre owned two subsidiary companies: a software publisher, Encore, Inc., and a distributor, Navarre Entertainment Media. The company formerly offered niche films through BCI Home Entertainment a.k.a. BCI Eclipse Company (formerly Brentwood), but this division was closed in a 2008 re-structuring due to the recession, after 2 years of being unprofitable.
In June 2005, Navarre determined that its financial statements for 2004, and the first and third quarter of 2005, should be restated, because expenses related to the incentive-based deferred compensation of the company's CEO was recorded in the wrong quarter.
In May 2005, Navarre acquired Funimation Productions. After the sale, Funimation Productions changed its name to Funimation Entertainment. Then, in April 2011, Navarre sold Funimation to a group of investors including Funimation co-founder Gen Fukunaga.
On September 28, 2008, Dallas-based SpeedFC agreed to merge with Navarre for $50 million in cash and stock. The merger closed in 2013; the company changed their name from Navarre Corporation to Speed Commerce afterward.
On July 9, 2014, Syracuse, NY based Wynit Distribution LLC acquired the majority of the assets of Navarre Distribution Services and Encore from Speed Commerce. Since then, the Navarre name has been retired.
2015-11-02 | Lower Price Target | Craig Hallum | Buy to Hold | $4.50 to $2.00 |
2015-02-10 | Downgrade | Craig Hallum | Buy to Hold | $2.00 |
2014-08-13 | Initiated Coverage | Stifel Nicolaus | Hold | |
2014-02-07 | Initiated Coverage | Stifel Nicolaus | Buy | $5.00 |
2015-11-02 | Lower Price Target | Craig Hallum | Buy to Hold | $4.50 to $2.00 |
2015-02-10 | Downgrade | Craig Hallum | Buy to Hold | $2.00 |
2014-08-13 | Initiated Coverage | Stifel Nicolaus | Hold | |
2014-02-07 | Initiated Coverage | Stifel Nicolaus | Buy | $5.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In SPDC 0 funds of 2213 total. Show all
Fund name | Ticker shares |
---|
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Zisk Jeffrey B. President of SpeedFC | 12.00% (7851315) | SPDC / |
Bryant Monroe David JR | 5.95% (3894684) | SPDC / |
Willis Richard President and CEO | 1.17% (767467) | SPDC / TUES / |
Becker Drapkin Management, L.P. Member of a 13(d) 10% Group | 1.10% (719404) | EMKR / FSYS / IVAC / PXLW / RGDX / SPDC / |
Gentz Timothy R | 0.12% (81231) | SPDC / |
Tuttle Terry J. CFO | 0.08% (55318) | SPDC / |
Shisler Bradley J. | 0.07% (44051) | PXLW / SPDC / |
WEYL TOM | 0.06% (42000) | SPDC / |
Green Frederick C IV | 0.06% (40000) | SPDC / |
BENSON KEITH A | 0.06% (38800) | SPDC / |
Lapp Diane D Interim CFO | 0.06% (37783) | SPDC / |
Thomas Ward President of Distribution | 0.05% (33100) | SPDC / |
IVERSON KATHLEEN P | 0.02% (10500) | CYBE / MOCO / SPDC / |