Prudential Financial Inc. Has $5.92 Million Position in V2X, Inc. $VVX

Prudential Financial Inc. lowered its holdings in V2X, Inc. (NYSE:VVX) by 4.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 121,997 shares of the company’s stock after selling 5,224 shares during the period. Prudential Financial Inc.’s holdings in V2X were worth $5,923,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of VVX. Ameritas Advisory Services LLC acquired a new position in V2X during the second quarter valued at $25,000. CWM LLC grew its stake in V2X by 239.0% during the 1st quarter. CWM LLC now owns 990 shares of the company’s stock valued at $49,000 after acquiring an additional 698 shares in the last quarter. New York State Teachers Retirement System acquired a new position in shares of V2X in the 2nd quarter valued at about $73,000. Wealthquest Corp acquired a new position in shares of V2X in the 1st quarter valued at about $97,000. Finally, AlphaQuest LLC lifted its position in shares of V2X by 545.1% in the second quarter. AlphaQuest LLC now owns 2,187 shares of the company’s stock worth $106,000 after purchasing an additional 1,848 shares in the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.

V2X Trading Up 0.5%

V2X stock opened at $54.85 on Friday. V2X, Inc. has a one year low of $41.08 and a one year high of $63.74. The company’s fifty day moving average price is $56.68 and its two-hundred day moving average price is $52.74. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 24.93, a PEG ratio of 0.59 and a beta of 0.26.

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

Insider Buying and Selling

In other V2X news, Director Dino M. Cusumano sold 2,250,000 shares of the stock in a transaction that occurred on 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 director owned 5,750,001 shares in the company, valued at $316,250,055. This trade represents a 28.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder American Industrial Partners C sold 2,250,000 shares of V2X stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the completion of the transaction, the insider directly owned 5,750,001 shares in the company, valued at approximately $316,250,055. This represents a 28.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 7,900,000 shares of company stock valued at $424,980,000 in the last ninety days. Company insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on VVX shares. Wall Street Zen raised shares of V2X from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 30th. Truist Financial boosted their price target on shares of V2X from $58.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Royal Bank Of Canada upped their price target on shares of V2X from $54.00 to $60.00 and gave the stock a “sector perform” rating in a research note on Tuesday, November 4th. Zacks Research raised V2X from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. Finally, The Goldman Sachs Group upped their target price on V2X from $45.00 to $50.00 and gave the stock a “sell” rating in a research report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $62.67.

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.