Jan Roger Goetgeluk Sells 8,185 Shares of Virtuix (NASDAQ:VTIX) Stock

Virtuix Holdings Inc. (NASDAQ:VTIX) CEO Jan Roger Goetgeluk sold 8,185 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $6.40, for a total transaction of $52,384.00. Following the sale, the chief executive officer directly owned 4,456,565 shares in the company, valued at $28,522,016. This represents a 0.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

• 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.
• On Tuesday, April 14th, Jan Roger Goetgeluk sold 6,713 shares of Virtuix stock. The stock was sold at an average price of $6.43, for a total transaction of $43,164.59.
• On Monday, April 13th, Jan Roger Goetgeluk sold 3,842 shares of Virtuix stock. The stock was sold at an average price of $6.17, for a total transaction of $23,705.14.
• On Thursday, April 9th, Jan Roger Goetgeluk sold 7,889 shares of Virtuix stock. The stock was sold at an average price of $6.41, for a total transaction of $50,568.49.
• On Wednesday, April 8th, Jan Roger Goetgeluk sold 6,534 shares of Virtuix stock. The shares were sold at an average price of $6.20, for a total transaction of $40,510.80.
• On Tuesday, April 7th, Jan Roger Goetgeluk sold 4,278 shares of Virtuix stock. The stock was sold at an average price of $5.95, for a total transaction of $25,454.10.
• On Monday, April 6th, Jan Roger Goetgeluk sold 5,994 shares of Virtuix stock. The stock was sold at an average price of $6.02, for a total value of $36,083.88.

Virtuix Trading Up 1.3%

Shares of NASDAQ VTIX traded up $0.08 during mid-day trading on Friday, hitting $6.17. The company had a trading volume of 226,370 shares, compared to its average volume of 336,724. Virtuix Holdings Inc. has a 1-year low of $4.39 and a 1-year high of $92.74. The business’s 50-day moving average price is $6.52.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Wall Street Zen downgraded Virtuix from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Zacks Research raised shares of Virtuix to a “hold” rating in a report on Tuesday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

About Virtuix

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.