Virtu Financial, Inc. (NYSE:VIRT – Get Free Report) Director Joseph Grano, Jr. sold 8,400 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $60.94, for a total transaction of $511,896.00. Following the sale, the director owned 33,814 shares in the company, valued at $2,060,625.16. The trade was a 19.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
Virtu Financial Stock Performance
Virtu Financial stock traded up $1.11 during mid-day trading on Thursday, reaching $61.09. The company’s stock had a trading volume of 5,152,633 shares, compared to its average volume of 1,297,594. Virtu Financial, Inc. has a 12-month low of $31.55 and a 12-month high of $68.02. The company has a market capitalization of $9.48 billion, a P/E ratio of 10.15, a PEG ratio of 0.41 and a beta of 0.60. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.45 and a current ratio of 0.45. The firm’s fifty day moving average price is $59.77 and its two-hundred day moving average price is $50.77.
Virtu Financial (NYSE:VIRT – Get Free Report) last posted its earnings results on Tuesday, July 14th. The company reported $1.82 earnings per share (EPS) for the quarter. Virtu Financial had a return on equity of 49.06% and a net margin of 13.50%.The firm had revenue of $984.69 million for the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. Sell-side analysts predict that Virtu Financial, Inc. will post 6.33 EPS for the current fiscal year.
Virtu Financial Dividend Announcement
Institutional Trading of Virtu Financial
Institutional investors and hedge funds have recently modified their holdings of the business. Invesco Ltd. boosted its position in shares of Virtu Financial by 64.2% during the 3rd quarter. Invesco Ltd. now owns 2,370,400 shares of the company’s stock valued at $84,149,000 after acquiring an additional 926,376 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in Virtu Financial by 41.9% in the first 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. Dimensional Fund Advisors LP raised its stake in Virtu Financial by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,920,590 shares of the company’s stock valued at $84,458,000 after purchasing an additional 19,888 shares in the last quarter. Geode Capital Management LLC lifted its position in Virtu Financial by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 1,395,686 shares of the company’s stock valued at $46,514,000 after purchasing an additional 14,113 shares during the last quarter. Finally, Qube Research & Technologies Ltd lifted its position in Virtu Financial by 53.1% during the third quarter. Qube Research & Technologies Ltd now owns 1,367,583 shares of the company’s stock valued at $48,549,000 after purchasing an additional 474,177 shares during the last quarter. Hedge funds and other institutional investors own 45.78% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Virtu Financial in a research report on Friday, May 29th. Morgan Stanley raised their price objective on shares of Virtu Financial from $39.00 to $57.00 and gave the company an “underweight” rating in a research report on Friday, July 10th. Zacks Research cut shares of Virtu Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Piper Sandler upped their target price on shares of Virtu Financial from $61.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Finally, The Goldman Sachs Group increased their target price on shares of Virtu Financial from $51.00 to $63.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 30th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $58.80.
Read Our Latest Report on VIRT
About Virtu Financial
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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