Yorktown Management & Research Co Inc Takes Position in V2X, Inc. $VVX

Yorktown Management & Research Co Inc acquired a new stake in V2X, Inc. (NYSE:VVX) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,400 shares of the company’s stock, valued at approximately $262,000.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on VVX shares. Zacks Research upgraded V2X from a “hold” rating to a “strong-buy” rating in a report on Friday, October 17th. Wall Street Zen upgraded V2X from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of V2X in a report on Wednesday, October 8th. The Goldman Sachs Group raised their target price on V2X from $45.00 to $50.00 and gave the company a “sell” rating in a report on Wednesday, August 13th. Finally, Stifel Nicolaus set a $63.00 target price on V2X and gave the company a “buy” rating in a report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $62.60.

V2X Price Performance

VVX stock opened at $59.72 on Wednesday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.02. V2X, Inc. has a 52-week low of $41.08 and a 52-week high of $69.75. The stock’s 50 day moving average is $57.39 and its two-hundred day moving average is $51.83. The company has a market capitalization of $1.89 billion, a PE ratio of 27.15, a P/E/G ratio of 0.62 and a beta of 0.25.

V2X (NYSE:VVX) last posted its quarterly earnings data on Monday, August 4th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.33. V2X had a return on equity of 15.28% and a net margin of 1.63%.The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the business earned $0.83 EPS. V2X’s revenue for the quarter was up .6% compared to the same quarter last year. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Analysts predict that V2X, Inc. will post 4.16 earnings per share for the current fiscal year.

Insider Activity at V2X

In other V2X news, major shareholder American Industrial Partners C sold 1,700,000 shares of V2X stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $52.20, for a total transaction of $88,740,000.00. Following the sale, the insider directly owned 8,000,001 shares in the company, valued at $417,600,052.20. The trade was a 17.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dino M. Cusumano sold 1,700,000 shares of V2X stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $52.20, for a total value of $88,740,000.00. Following the sale, the director owned 8,000,001 shares in the company, valued at $417,600,052.20. This represents a 17.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 5,400,000 shares of company stock worth $277,480,000 over the last 90 days. 0.88% of the stock is owned by company insiders.

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.