Virco Manufacturing (NASDAQ:VIRC) EVP Douglas Virtue Acquires 8,083 Shares

Posted by Stanley Muller on Jul 9th, 2026

Virco Manufacturing Corporation (NASDAQ:VIRC – Get Free Report) EVP Douglas Virtue acquired 8,083 shares of Virco Manufacturing stock in a transaction dated Wednesday, July 8th. The shares were acquired at an average price of $6.00 per share, with a total value of $48,498.00. Following the completion of the purchase, the executive vice president owned 888,663 shares in the company, valued at approximately $5,331,978. The trade was a 0.92% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Virco Manufacturing Stock Up 0.7%

Shares of NASDAQ:VIRC traded up $0.04 during trading on Thursday, hitting $6.10. 17,510 shares of the company were exchanged, compared to its average volume of 56,998. The stock has a market cap of $95.95 million, a price-to-earnings ratio of -101.65 and a beta of 0.21. Virco Manufacturing Corporation has a fifty-two week low of $5.16 and a fifty-two week high of $9.09. The firm has a fifty day moving average price of $6.11 and a two-hundred day moving average price of $6.22. The company has a current ratio of 2.71, a quick ratio of 0.90 and a debt-to-equity ratio of 0.03.

Virco Manufacturing (NASDAQ:VIRC – Get Free Report) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.19). The company had revenue of $30.69 million for the quarter, compared to the consensus estimate of $27.20 million. Virco Manufacturing had a negative return on equity of 0.16% and a negative net margin of 0.48%.

Virco Manufacturing Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Friday, June 19th will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, June 18th. Virco Manufacturing’s dividend payout ratio is -166.67%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Weiss Ratings downgraded shares of Virco Manufacturing from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, April 10th. Freedom Capital cut shares of Virco Manufacturing from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Get Our Latest Stock Report on VIRC

Institutional Investors Weigh In On Virco Manufacturing

A number of large investors have recently added to or reduced their stakes in VIRC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Virco Manufacturing during the third quarter worth $41,000. State of Alaska Department of Revenue bought a new position in shares of Virco Manufacturing in the fourth quarter valued at about $47,000. Barclays PLC lifted its stake in shares of Virco Manufacturing by 16.4% during the 4th quarter. Barclays PLC now owns 17,665 shares of the company’s stock worth $113,000 after buying an additional 2,495 shares during the last quarter. Park Edge Advisors LLC lifted its stake in shares of Virco Manufacturing by 12.9% during the 4th quarter. Park Edge Advisors LLC now owns 18,100 shares of the company’s stock worth $116,000 after buying an additional 2,072 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new stake in shares of Virco Manufacturing during the 3rd quarter worth about $158,000. Institutional investors own 30.97% of the company’s stock.

Virco Manufacturing Company Profile

(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.