GLOBALT Investments LLC GA Has $4.46 Million Position in Virtu Financial, Inc. $VIRT

GLOBALT Investments LLC GA lowered its holdings in Virtu Financial, Inc. (NYSE:VIRTFree Report) by 7.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 133,850 shares of the company’s stock after selling 10,346 shares during the quarter. GLOBALT Investments LLC GA owned about 0.09% of Virtu Financial worth $4,460,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Virtu Financial by 1.4% in the third quarter. Vanguard Group Inc. now owns 9,999,628 shares of the company’s stock worth $354,987,000 after purchasing an additional 142,890 shares in the last quarter. Invesco Ltd. boosted its stake in Virtu Financial by 64.2% in the third quarter. Invesco Ltd. now owns 2,370,400 shares of the company’s stock worth $84,149,000 after purchasing an additional 926,376 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Virtu Financial by 2.6% in the third quarter. Dimensional Fund Advisors LP now owns 1,785,090 shares of the company’s stock worth $63,374,000 after purchasing an additional 44,976 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in Virtu Financial by 53.1% in the third quarter. Qube Research & Technologies Ltd now owns 1,367,583 shares of the company’s stock worth $48,549,000 after purchasing an additional 474,177 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in Virtu Financial by 14.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,359,452 shares of the company’s stock worth $44,318,000 after purchasing an additional 176,184 shares in the last quarter. Institutional investors and hedge funds own 45.78% of the company’s stock.

Insiders Place Their Bets

In other Virtu Financial news, COO Brett Fairclough sold 30,000 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $50.06, for a total value of $1,501,800.00. Following the completion of the sale, the chief operating officer directly owned 42,473 shares in the company, valued at $2,126,198.38. This represents a 41.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Stephen Cavoli sold 28,370 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $38.94, for a total value of $1,104,727.80. Following the completion of the sale, the executive vice president owned 116,191 shares of the company’s stock, valued at $4,524,477.54. This trade represents a 19.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 258,370 shares of company stock worth $10,382,528 over the last ninety days. 46.76% of the stock is currently owned by corporate insiders.

Virtu Financial News Roundup

Here are the key news stories impacting Virtu Financial this week:

  • Positive Sentiment: Zacks Research raised multiple earnings estimates for Virtu Financial, including FY2026, FY2027, and several quarterly periods, while keeping a Strong-Buy rating on the stock. Higher profit forecasts can boost investor confidence. Article Title
  • Positive Sentiment: The company was featured in Zacks Focus List coverage as a top long-term idea, reinforcing the view that Virtu Financial may have durable earnings power and attractive fundamentals.
  • Neutral Sentiment: Virtu Financial also rang the Nasdaq opening bell, which is a visibility/branding event rather than a direct operating catalyst. Article Title
  • Neutral Sentiment: Recent commentary from GuruFocus suggested the stock may be overvalued after a sharp rally, which could temper enthusiasm, but it does not change the broader bullish analyst tone. Article Title

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on Virtu Financial from $44.00 to $51.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Piper Sandler boosted their target price on Virtu Financial from $57.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday, March 20th. Weiss Ratings upgraded Virtu Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 2nd. Morgan Stanley boosted their target price on Virtu Financial from $36.00 to $39.00 and gave the stock an “underweight” rating in a research report on Friday, April 10th. Finally, Zacks Research upgraded Virtu Financial from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Virtu Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $48.67.

View Our Latest Report on Virtu Financial

Virtu Financial Trading Up 0.2%

NYSE VIRT opened at $54.57 on Monday. The stock has a 50-day simple moving average of $46.55 and a 200 day simple moving average of $39.79. The company has a market capitalization of $8.46 billion, a PE ratio of 9.04, a P/E/G ratio of 1.38 and a beta of 0.62. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.92. Virtu Financial, Inc. has a 12 month low of $31.55 and a 12 month high of $55.33.

Virtu Financial (NYSE:VIRTGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates of $1.66 by $0.58. The business had revenue of $786.53 million during the quarter, compared to the consensus estimate of $613.12 million. Virtu Financial had a return on equity of 51.63% and a net margin of 14.17%.The firm’s revenue was up 30.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.30 earnings per share. Research analysts forecast that Virtu Financial, Inc. will post 5.53 EPS for the current year.

Virtu Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Monday, June 1st. Virtu Financial’s dividend payout ratio is 15.89%.

Virtu Financial Profile

(Free Report)

Virtu Financial, Inc is a technology-driven electronic trading firm and market maker that provides liquidity and price discovery across a wide range of financial instruments. Leveraging advanced analytics, high-performance computing and proprietary algorithms, Virtu operates in equities, fixed income, foreign exchange, commodities and derivative products. Its technology platform is designed to capture bid-ask spreads in real time, manage risk through automated controls and adapt to changing market conditions.

The company offers a suite of execution services and market-making solutions to institutional clients such as asset managers, banks, broker-dealers and hedge funds.

Further Reading

Institutional Ownership by Quarter for Virtu Financial (NYSE:VIRT)

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