Virtu Financial, Inc. (NYSE:VIRT – Get Free Report) Director John Nixon sold 9,094 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $60.13, for a total value of $546,822.22. Following the completion of the transaction, the director owned 30,902 shares of the company’s stock, valued at $1,858,137.26. The trade was a 22.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Virtu Financial Trading Up 2.5%
NYSE:VIRT traded up $1.52 during mid-day trading on Tuesday, reaching $61.02. The company’s stock had a trading volume of 2,355,617 shares, compared to its average volume of 1,263,498. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.45 and a quick ratio of 0.45. The stock has a market cap of $9.47 billion, a P/E ratio of 10.14, a P/E/G ratio of 0.41 and a beta of 0.60. The company’s fifty day simple moving average is $59.56 and its two-hundred day simple moving average is $50.47. Virtu Financial, Inc. has a twelve month low of $31.55 and a twelve month high of $68.02.
Virtu Financial (NYSE:VIRT – Get Free Report) last posted its quarterly earnings data on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. Virtu Financial had a net margin of 13.50% and a return on equity of 49.06%. The company had revenue of $984.69 million during the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. On average, equities analysts predict that Virtu Financial, Inc. will post 6.33 EPS for the current year.
Virtu Financial Announces Dividend
Analyst Ratings Changes
VIRT has been the subject of several research reports. JPMorgan Chase & Co. boosted their price objective on shares of Virtu Financial from $51.00 to $59.00 and gave the company a “neutral” rating in a research note on Tuesday, July 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Virtu Financial in a report on Friday, May 29th. Piper Sandler boosted their price target on Virtu Financial from $61.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Zacks Research lowered Virtu Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Finally, Wall Street Zen downgraded Virtu Financial from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Three equities research analysts have rated the stock with 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, the company currently has an average rating of “Hold” and a consensus price target of $58.80.
View Our Latest Stock Report on Virtu Financial
Institutional Investors Weigh In On Virtu Financial
Large investors have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC increased its holdings in Virtu Financial by 41.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,928,509 shares of the company’s stock valued at $85,607,000 after purchasing an additional 569,057 shares in the last quarter. Stephens Investment Management Group LLC lifted its stake in shares of Virtu Financial by 27.5% during the first quarter. Stephens Investment Management Group LLC now owns 516,366 shares of the company’s stock worth $22,710,000 after purchasing an additional 111,437 shares in the last quarter. Algebris UK Ltd. purchased a new stake in shares of Virtu Financial in the fourth quarter worth about $22,377,000. Collar Capital Management LLC purchased a new stake in shares of Virtu Financial in the fourth quarter worth about $1,798,000. Finally, Robertson Stephens Wealth Management LLC acquired a new stake in shares of Virtu Financial in the fourth quarter valued at about $2,489,000. Institutional investors and hedge funds own 45.78% of the company’s stock.
Virtu Financial Company Profile
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.
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