V2X, Inc. (NYSE:VVX) SVP Sells $177,720.00 in Stock

V2X, Inc. (NYSE:VVX) SVP Richard L. Jr. Caputo sold 4,000 shares of the business’s stock in a transaction on Thursday, June 5th. The stock was 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 directly owns 15,869 shares of the company’s stock, valued at approximately $705,059.67. The trade was a 20.13% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

V2X Trading Up 0.1%

VVX traded up $0.04 on Monday, hitting $45.07. The company had a trading volume of 162,137 shares, compared to its average volume of 205,536. The company’s fifty day moving average price is $48.07 and its 200 day moving average price is $49.90. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09. The firm has a market cap of $1.43 billion, a P/E ratio of 160.97, a PEG ratio of 0.61 and a beta of 0.21.

V2X (NYSE:VVX) last posted its quarterly earnings data on Monday, May 5th. The company reported $0.98 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.06. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.04 billion. V2X had a net margin of 0.22% and a return on equity of 13.49%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the company posted $0.90 EPS. As a group, equities analysts expect that V2X, Inc. will post 4.16 earnings per share for the current year.

Institutional Investors Weigh In On V2X

A number of institutional investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company lifted its stake in V2X by 3.7% during the 4th quarter. The Manufacturers Life Insurance Company now owns 7,376 shares of the company’s stock worth $353,000 after acquiring an additional 266 shares in the last quarter. Summit Investment Advisors Inc. grew its stake in shares of V2X by 24.1% in the fourth quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company’s stock worth $71,000 after acquiring an additional 288 shares in the last quarter. Corebridge Financial Inc. increased its position in shares of V2X by 7.1% during the fourth quarter. Corebridge Financial Inc. now owns 7,044 shares of the company’s stock worth $337,000 after acquiring an additional 470 shares during the period. LPL Financial LLC increased its position in shares of V2X by 11.0% during the fourth quarter. LPL Financial LLC now owns 5,112 shares of the company’s stock worth $245,000 after acquiring an additional 508 shares during the period. Finally, Edmond DE Rothschild Holding S.A. grew its stake in V2X by 15.3% during the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company’s stock worth $201,000 after purchasing an additional 558 shares in the last quarter. 95.18% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Morgan Stanley began coverage on shares of V2X in a research report on Wednesday, April 16th. They set an “underweight” rating and a $51.00 price target for the company. Raymond James cut their price objective on V2X from $65.00 to $60.00 and set an “outperform” rating for the company in a research note on Tuesday, February 25th. Royal Bank of Canada decreased their target price on V2X from $58.00 to $54.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. Finally, Truist Financial lowered their price target 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 research 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 company. According to MarketBeat.com, the company presently 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.