American Industrial Partners C Sells 2,250,000 Shares of V2X (NYSE:VVX) Stock

V2X, Inc. (NYSE:VVX) major shareholder American Industrial Partners C sold 2,250,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the transaction, the insider directly owned 5,750,001 shares in the company, valued at approximately $316,250,055. This represents a 28.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

American Industrial Partners C also recently made the following trade(s):

• On Thursday, September 11th, American Industrial Partners C sold 1,700,000 shares of V2X stock. The shares were sold at an average price of $52.20, for a total transaction of $88,740,000.00.

V2X Stock Performance

Shares of NYSE:VVX opened at $52.30 on Wednesday. V2X, Inc. has a 12-month low of $41.08 and a 12-month high of $63.74. The company’s 50 day moving average price is $57.02 and its two-hundred day moving average price is $52.57. The firm has a market cap of $1.65 billion, a PE ratio of 23.77, a PEG ratio of 0.59 and a beta of 0.26. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.02.

V2X (NYSE:VVX) last released its quarterly earnings results on Monday, November 3rd. The company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.13 billion. V2X had a net margin of 1.63% and a return on equity of 15.28%. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.29 earnings per share. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Equities research analysts predict that V2X, Inc. will post 4.16 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Wellington Management Group LLP grew its holdings in shares of V2X by 842.1% during the 3rd quarter. Wellington Management Group LLP now owns 803,517 shares of the company’s stock valued at $46,676,000 after purchasing an additional 718,225 shares during the last quarter. Reinhart Partners LLC. boosted its position in V2X by 206.8% in the third quarter. Reinhart Partners LLC. now owns 890,002 shares of the company’s stock valued at $51,701,000 after buying an additional 599,921 shares in the last quarter. Boston Partners grew its stake in shares of V2X by 5,323.3% during the third quarter. Boston Partners now owns 553,235 shares of the company’s stock worth $32,139,000 after buying an additional 543,034 shares during the last quarter. Bank of America Corp DE grew its stake in shares of V2X by 727.4% during the third quarter. Bank of America Corp DE now owns 466,863 shares of the company’s stock worth $27,120,000 after buying an additional 410,438 shares during the last quarter. Finally, Nuveen LLC acquired a new position in shares of V2X during the first quarter worth $19,753,000. Institutional investors and hedge funds own 95.18% of the company’s stock.

Analysts Set New Price Targets

VVX has been the topic of several analyst reports. Morgan Stanley increased their target price on V2X from $51.00 to $55.00 and gave the stock an “underweight” rating in a report on Friday, September 19th. Bank of America upgraded shares of V2X from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $55.00 to $65.00 in a research note on Wednesday, August 13th. Wall Street Zen raised shares of V2X from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of V2X in a report on Wednesday, October 8th. Finally, Zacks Research upgraded shares of V2X from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, V2X presently has a consensus rating of “Moderate Buy” and an average target price of $64.40.

V2X Company Profile

V2X, Inc provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Mclean, Virginia.