Insider Selling: Virtu Financial (NYSE:VIRT) Director Sells $546,822.22 in Stock

Virtu Financial, Inc. (NYSE:VIRT) Director John Nixon sold 9,094 shares of Virtu Financial stock in a transaction on Monday, August 17th. The stock was sold at an average price of $60.13, for a total transaction of $546,822.22. Following the completion of the transaction, the director directly owned 30,902 shares of the company’s stock, valued at approximately $1,858,137.26. This represents a 22.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Virtu Financial Stock Up 1.9%

VIRT stock opened at $61.09 on Friday. The firm has a market cap of $9.48 billion, a price-to-earnings ratio of 10.15, a PEG ratio of 0.41 and a beta of 0.60. Virtu Financial, Inc. has a 1-year low of $31.55 and a 1-year high of $68.02. The firm has a fifty day moving average price of $59.89 and a two-hundred day moving average price of $50.90. 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 (NYSE:VIRT) last posted its quarterly earnings results on Tuesday, July 14th. The company reported $1.82 earnings per share (EPS) for the quarter. Virtu Financial had a net margin of 13.50% and a return on equity of 49.06%. The company had revenue of $984.69 million for the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. Research analysts predict that Virtu Financial, Inc. will post 6.33 EPS for the current year.

Virtu Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Tuesday, September 1st. Virtu Financial’s payout ratio is presently 15.95%.

Institutional Investors Weigh In On Virtu Financial

Hedge funds have recently made changes to their positions in the business. Transamerica Financial Advisors LLC grew its holdings in Virtu Financial by 480.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 836 shares of the company’s stock worth $28,000 after buying an additional 692 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Virtu Financial by 103.8% during the second quarter. EverSource Wealth Advisors LLC now owns 760 shares of the company’s stock valued at $34,000 after acquiring an additional 387 shares during the period. CIBC Private Wealth Group LLC increased its stake in shares of Virtu Financial by 51.9% during the third quarter. CIBC Private Wealth Group LLC now owns 972 shares of the company’s stock valued at $35,000 after acquiring an additional 332 shares during the period. Quarry LP acquired a new position in shares of Virtu Financial during the third quarter valued at approximately $35,000. Finally, International Assets Investment Management LLC bought a new stake in Virtu Financial during the fourth quarter worth approximately $37,000. Institutional investors own 45.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on VIRT. JPMorgan Chase & Co. increased their price target on Virtu Financial from $51.00 to $59.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 28th. Zacks Research lowered Virtu Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Morgan Stanley increased their target price on Virtu Financial from $39.00 to $57.00 and gave the stock an “underweight” rating in a research report on Friday, July 10th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Virtu Financial in a research report on Friday, May 29th. Finally, Piper Sandler raised their target price on Virtu Financial from $61.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $58.80.

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.