Virtuix (NASDAQ:VTIX) CEO Sells $84,619.50 in Stock

Virtuix Holdings Inc. (NASDAQ:VTIX) CEO Jan Roger Goetgeluk sold 24,177 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $3.50, for a total value of $84,619.50. Following the transaction, the chief executive officer owned 4,097,711 shares in the company, valued at approximately $14,341,988.50. This trade represents a 0.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Jan Roger Goetgeluk also recently made the following trade(s):

• On Tuesday, May 5th, Jan Roger Goetgeluk sold 77,432 shares of Virtuix stock. The shares were sold at an average price of $4.04, for a total transaction of $312,825.28.
• On Thursday, April 30th, Jan Roger Goetgeluk sold 13,563 shares of Virtuix stock. The shares were sold at an average price of $3.40, for a total transaction of $46,114.20.
• On Wednesday, April 29th, Jan Roger Goetgeluk sold 18,696 shares of Virtuix stock. The stock was sold at an average price of $3.32, for a total value of $62,070.72.
• On Tuesday, April 28th, Jan Roger Goetgeluk sold 15,899 shares of Virtuix stock. The stock was sold at an average price of $3.52, for a total value of $55,964.48.
• On Monday, April 27th, Jan Roger Goetgeluk sold 28,696 shares of Virtuix stock. The shares were sold at an average price of $3.69, for a total value of $105,888.24.
• On Thursday, April 23rd, Jan Roger Goetgeluk sold 61,825 shares of Virtuix stock. The stock was sold at an average price of $4.58, for a total value of $283,158.50.
• On Wednesday, April 22nd, Jan Roger Goetgeluk sold 49,122 shares of Virtuix stock. The stock was sold at an average price of $5.96, for a total transaction of $292,767.12.
• On Tuesday, April 21st, Jan Roger Goetgeluk sold 112,563 shares of Virtuix stock. The shares were sold at an average price of $6.96, for a total transaction of $783,438.48.
• On Monday, April 20th, Jan Roger Goetgeluk sold 24,990 shares of Virtuix stock. The shares were sold at an average price of $6.62, for a total transaction of $165,433.80.
• On Thursday, April 16th, Jan Roger Goetgeluk sold 9,323 shares of Virtuix stock. The shares were sold at an average price of $6.14, for a total transaction of $57,243.22.

Virtuix Stock Down 5.2%

VTIX traded down $0.20 during midday trading on Wednesday, reaching $3.65. 321,173 shares of the company’s stock were exchanged, compared to its average volume of 364,734. The company’s 50-day moving average is $6.37. Virtuix Holdings Inc. has a one year low of $3.14 and a one year high of $92.74.

Virtuix (NASDAQ:VTIX) last issued its earnings results on Friday, March 6th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $0.96 million during the quarter.

Analyst Upgrades and Downgrades

VTIX has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of Virtuix to a “hold” rating in a research report on Tuesday, April 14th. Wall Street Zen cut shares of Virtuix from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. Finally, Weiss Ratings began coverage on shares of Virtuix in a report on Monday, April 20th. They set a “sell (e-)” rating for the company. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Virtuix presently has an average rating of “Reduce”.

Virtuix Company Profile

Virtuix (NASDAQ:VTIX) is a company that develops and commercializes hardware and software for immersive virtual reality (VR) locomotion and related experiences. Its core focus is on enabling natural movement inside virtual environments through purpose-built platforms and systems that pair motion-control hardware with software integrations for games, training and location-based entertainment.

The company is best known for its Omni family of omnidirectional locomotion platforms, which are designed to allow users to walk, run and maneuver in 360 degrees within a virtual space while remaining stationary in the real world.