Insider Selling: V2X, Inc. (NYSE:VVX) SVP Sells 4,000 Shares of Stock

V2X, Inc. (NYSE:VVX) SVP Richard L. Jr. Caputo sold 4,000 shares of the business’s stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $44.43, for a total transaction of $177,720.00. Following the completion of the sale, the senior vice president now owns 15,869 shares in the company, valued at approximately $705,059.67. This trade represents a 20.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

V2X Stock Up 0.1%

Shares of NYSE:VVX opened at $45.07 on Tuesday. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market capitalization of $1.43 billion, a PE ratio of 160.97, a price-to-earnings-growth ratio of 0.61 and a beta of 0.21. The firm’s 50-day moving average is $47.95 and its two-hundred day moving average is $49.79. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75.

V2X (NYSE:VVX) last issued its quarterly earnings results on Monday, May 5th. The company reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.06. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.04 billion. V2X had a net margin of 0.22% and a return on equity of 13.49%. The business’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.90 earnings per share. Analysts predict that V2X, Inc. will post 4.16 EPS for the current year.

Institutional Trading of V2X

A number of institutional investors and hedge funds have recently bought and sold shares of VVX. FMR LLC increased its stake in V2X by 23.8% during the fourth quarter. FMR LLC now owns 3,712,196 shares of the company’s stock worth $177,554,000 after purchasing an additional 714,722 shares during the period. Simcoe Capital Management LLC increased its stake in V2X by 252.8% during the fourth quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company’s stock worth $35,057,000 after purchasing an additional 525,204 shares during the period. Nuveen LLC purchased a new stake in V2X during the first quarter worth about $19,753,000. Victory Capital Management Inc. purchased a new stake in V2X during the fourth quarter worth about $13,947,000. Finally, Bridgeway Capital Management LLC purchased a new stake in V2X during the first quarter worth about $11,036,000. 95.18% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have commented on VVX. Royal Bank of Canada decreased their target price on shares of V2X from $58.00 to $54.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. Morgan Stanley began coverage on shares of V2X in a research report on Wednesday, April 16th. They issued an “underweight” rating and a $51.00 target price on the stock. Raymond James decreased their target price on shares of V2X from $65.00 to $60.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 25th. Finally, Truist Financial decreased their target price on shares of V2X from $68.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $63.67.

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.