Virtu Financial, Inc. (NYSE:VIRT) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Virtu Financial, Inc. (NYSE:VIRT) have been given an average recommendation of “Moderate Buy” by the seven brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $58.80.

A number of brokerages recently commented on VIRT. JPMorgan Chase & Co. increased their price objective on shares of Virtu Financial from $51.00 to $59.00 and gave the company a “neutral” rating in a research note on Tuesday, July 28th. Morgan Stanley upped their price target on shares of Virtu Financial from $39.00 to $57.00 and gave the company an “underweight” rating in a report on Friday, July 10th. Piper Sandler increased their price target on shares of Virtu Financial from $61.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Zacks Research raised shares of Virtu Financial from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 26th. Finally, The Goldman Sachs Group upped their target price on Virtu Financial from $51.00 to $63.00 and gave the company a “neutral” rating in a research note on Tuesday, June 30th.

Insider Transactions at Virtu Financial

In other Virtu Financial news, Director John Nixon sold 9,094 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $60.13, for a total transaction of $546,822.22. Following the sale, the director directly owned 30,902 shares of the company’s stock, valued at $1,858,137.26. This trade represents a 22.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Joseph J. Grano, Jr. sold 8,400 shares of Virtu Financial stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $60.94, for a total transaction of $511,896.00. Following the sale, the director owned 33,814 shares of the company’s stock, valued at approximately $2,060,625.16. This trade represents a 19.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 46.76% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VIRT. Allspring Global Investments Holdings LLC lifted its position in Virtu Financial by 41.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,928,509 shares of the company’s stock worth $85,607,000 after buying an additional 569,057 shares during the period. Stephens Investment Management Group LLC increased its stake in shares of Virtu Financial by 27.5% during the 1st quarter. Stephens Investment Management Group LLC now owns 516,366 shares of the company’s stock valued at $22,710,000 after acquiring an additional 111,437 shares during the last quarter. Algebris UK Ltd. acquired a new position in shares of Virtu Financial during the 4th quarter valued at about $22,377,000. Collar Capital Management LLC purchased a new position in shares of Virtu Financial during the 4th quarter worth about $1,798,000. Finally, OP Asset Management Ltd purchased a new position in shares of Virtu Financial during the 1st quarter worth about $2,811,000. 45.78% of the stock is currently owned by institutional investors and hedge funds.

Virtu Financial Price Performance

Shares of NYSE:VIRT opened at $64.57 on Tuesday. The business’s 50 day simple moving average is $60.92 and its 200-day simple moving average is $52.90. The firm has a market capitalization of $10.02 billion, a price-to-earnings ratio of 10.73, a price-to-earnings-growth ratio of 0.43 and a beta of 0.62. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.45 and a quick ratio of 0.45. Virtu Financial has a 12 month low of $31.55 and a 12 month high of $68.76.

Virtu Financial (NYSE:VIRT) last issued its quarterly earnings data on Tuesday, July 14th. The company reported $1.82 earnings per share (EPS) for the quarter. The firm had revenue of $984.69 million during the quarter. Virtu Financial had a return on equity of 49.06% and a net margin of 13.50%.Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. As a group, equities analysts forecast that Virtu Financial will post 6.38 earnings per share for the current fiscal year.

Virtu Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.5%. Virtu Financial’s dividend payout ratio (DPR) is presently 15.95%.

Virtu Financial Company Profile

Virtu Financial, Inc is a technology-driven electronic trading firm and market maker that provides liquidity and price discovery across a wide range of financial instruments. Leveraging advanced analytics, high-performance computing and proprietary algorithms, Virtu operates in equities, fixed income, foreign exchange, commodities and derivative products. Its technology platform is designed to capture bid-ask spreads in real time, manage risk through automated controls and adapt to changing market conditions.

The company offers a suite of execution services and market-making solutions to institutional clients such as asset managers, banks, broker-dealers and hedge funds.