Virco Manufacturing (NASDAQ:VIRC) CEO Purchases $16,794.00 in Stock

Posted by Geri Gentry on Apr 14th, 2026

Virco Manufacturing Corporation (NASDAQ:VIRC – Get Free Report) CEO Robert Virtue bought 2,700 shares of the business’s stock in a transaction on Tuesday, April 14th. The stock was bought at an average price of $6.22 per share, with a total value of $16,794.00. Following the transaction, the chief executive officer owned 501,824 shares in the company, valued at approximately $3,121,345.28. This represents a 0.54% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Virco Manufacturing Stock Up 3.6%

VIRC stock traded up $0.21 during midday trading on Tuesday, reaching $6.06. The company had a trading volume of 36,465 shares, compared to its average volume of 44,044. Virco Manufacturing Corporation has a 1 year low of $5.16 and a 1 year high of $10.62. The company has a current ratio of 3.09, a quick ratio of 1.31 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $95.51 million, a P/E ratio of 35.65 and a beta of 0.27. The company has a 50 day moving average of $6.20 and a two-hundred day moving average of $6.62.

Virco Manufacturing (NASDAQ:VIRC – Get Free Report) last released its earnings results on Wednesday, April 8th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.10). Virco Manufacturing had a return on equity of 2.18% and a net margin of 1.29%.The company had revenue of $26.18 million during the quarter, compared to analysts’ expectations of $29.61 million. On average, equities research analysts expect that Virco Manufacturing Corporation will post 1.54 earnings per share for the current fiscal year.

Virco Manufacturing Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, March 20th were given a $0.025 dividend. The ex-dividend date was Friday, March 20th. This represents a $0.10 dividend on an annualized basis and a yield of 1.7%. Virco Manufacturing’s dividend payout ratio is presently 58.82%.

Institutional Investors Weigh In On Virco Manufacturing

Several institutional investors and hedge funds have recently modified their holdings of the business. Empowered Funds LLC lifted its stake in shares of Virco Manufacturing by 8.9% in the 4th quarter. Empowered Funds LLC now owns 37,957 shares of the company’s stock valued at $243,000 after purchasing an additional 3,095 shares during the last quarter. Bridgeway Capital Management LLC lifted its stake in shares of Virco Manufacturing by 3.4% in the 4th quarter. Bridgeway Capital Management LLC now owns 95,057 shares of the company’s stock valued at $607,000 after purchasing an additional 3,095 shares during the last quarter. Trexquant Investment LP lifted its stake in shares of Virco Manufacturing by 111.0% in the 4th quarter. Trexquant Investment LP now owns 53,145 shares of the company’s stock valued at $340,000 after purchasing an additional 27,963 shares during the last quarter. Barclays PLC lifted its stake in shares of Virco Manufacturing by 16.4% in the 4th quarter. Barclays PLC now owns 17,665 shares of the company’s stock valued at $113,000 after purchasing an additional 2,495 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Virco Manufacturing by 16.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 40,404 shares of the company’s stock valued at $258,000 after purchasing an additional 5,741 shares during the last quarter. Institutional investors and hedge funds own 30.97% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on VIRC. Freedom Capital upgraded shares of Virco Manufacturing from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 9th. Weiss Ratings downgraded shares of Virco Manufacturing from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Virco Manufacturing presently has a consensus rating of “Hold”.

View Our Latest Report on VIRC

About Virco Manufacturing

(Get Free Report)

Virco Manufacturing Corporation (NASDAQ: VIRC) is a leading American manufacturer of furniture, primarily serving the K-12 education market. Headquartered in Torrance, California, the company designs, produces and distributes a comprehensive range of classroom seating, student desks, tables and educational workstations. Over several decades, Virco has built a reputation for durable, cost-effective solutions tailored to the needs of schools, colleges and other institutional customers.

The company’s product portfolio includes molded plastic and wood-seat student chairs, modular and fixed-height desks, multi-purpose tables, computer furniture, laboratory stools and teacher furnishings.