Edmond DE Rothschild Holding S.A. Increases Stake in V2X, Inc. $VVX

Edmond DE Rothschild Holding S.A. increased its position in V2X, Inc. (NYSE:VVX) by 117.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,892 shares of the company’s stock after purchasing an additional 10,216 shares during the quarter. Edmond DE Rothschild Holding S.A. owned approximately 0.06% of V2X worth $917,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ameritas Advisory Services LLC purchased a new stake in shares of V2X in the 2nd quarter worth approximately $25,000. CWM LLC grew its holdings in shares of V2X by 239.0% in the first quarter. CWM LLC now owns 990 shares of the company’s stock worth $49,000 after acquiring an additional 698 shares during the period. New York State Teachers Retirement System purchased a new stake in shares of V2X during the 2nd quarter valued at about $73,000. Ameritas Investment Partners Inc. increased its holdings in V2X by 18.6% during the second quarter. Ameritas Investment Partners Inc. now owns 1,757 shares of the company’s stock valued at $85,000 after buying an additional 275 shares during the last quarter. Finally, Wealthquest Corp purchased a new stake in shares of V2X in the 1st quarter worth $97,000. Hedge funds and other institutional investors own 95.18% of the company’s stock.

Insider Buying and Selling at V2X

In related news, major shareholder American Industrial Partners C sold 2,250,000 shares of the company’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 of the company’s stock, valued at $316,250,055. This represents a 28.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Dino M. Cusumano sold 2,250,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $55.00, for a total value of $123,750,000.00. Following the sale, the director owned 5,750,001 shares in the company, valued at $316,250,055. The trade was a 28.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 7,900,000 shares of company stock worth $424,980,000. 0.88% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on VVX shares. Truist Financial increased their target price on shares of V2X from $58.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Zacks Research upgraded V2X from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of V2X in a research note on Monday. Wall Street Zen raised V2X from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 30th. Finally, The Goldman Sachs Group raised their target price on shares of V2X from $45.00 to $50.00 and gave the stock a “sell” rating in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $62.67.

V2X Stock Down 0.6%

Shares of NYSE VVX opened at $54.61 on Thursday. V2X, Inc. has a 12-month low of $41.08 and a 12-month high of $63.74. The stock’s fifty day simple moving average is $56.78 and its two-hundred day simple moving average is $52.70. The stock has a market capitalization of $1.72 billion, a PE ratio of 24.82, a price-to-earnings-growth ratio of 0.59 and a beta of 0.26. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.02.

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

V2X 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.