Virco Manufacturing (NASDAQ:VIRC) EVP Buys $18,300.00 in Stock

Posted by Brian Himes on Sep 15th, 2026

Virco Manufacturing Corporation (NASDAQ:VIRC – Get Free Report) EVP Douglas Virtue acquired 3,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was acquired at an average price of $6.10 per share, for a total transaction of $18,300.00. Following the purchase, the executive vice president directly owned 897,408 shares of the company’s stock, valued at approximately $5,474,188.80. This trade represents a 0.34% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Virco Manufacturing Stock Performance

NASDAQ VIRC traded up $0.13 on Tuesday, reaching $6.23. 12,095 shares of the company’s stock traded hands, compared to its average volume of 48,803. The firm has a market cap of $98.21 million, a price-to-earnings ratio of -38.94 and a beta of 0.20. The stock has a 50 day moving average price of $6.07 and a 200-day moving average price of $6.11. Virco Manufacturing Corporation has a fifty-two week low of $5.16 and a fifty-two week high of $8.23. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.43 and a current ratio of 2.53.

Virco Manufacturing (NASDAQ:VIRC – Get Free Report) last announced its quarterly earnings results on Friday, September 4th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.48. The company had revenue of $87.47 million for the quarter, compared to the consensus estimate of $72.10 million. Virco Manufacturing had a negative return on equity of 2.32% and a negative net margin of 1.31%.

Virco Manufacturing Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 18th will be paid a $0.025 dividend. The ex-dividend date is Friday, September 18th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 1.6%. Virco Manufacturing’s dividend payout ratio is presently -62.50%.

Hedge Funds Weigh In On Virco Manufacturing

Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Virco Manufacturing in the second quarter worth approximately $860,000. Bank of New York Mellon Corp acquired a new position in Virco Manufacturing in the 2nd quarter valued at $635,000. Minerva Advisors LLC raised its stake in Virco Manufacturing by 6.3% in the 4th quarter. Minerva Advisors LLC now owns 1,448,198 shares of the company’s stock valued at $9,254,000 after purchasing an additional 85,696 shares during the last quarter. Susquehanna International Group LLP raised its stake in Virco Manufacturing by 564.4% in the 2nd quarter. Susquehanna International Group LLP now owns 68,437 shares of the company’s stock valued at $420,000 after purchasing an additional 58,137 shares during the last quarter. Finally, GSA Capital Partners LLP purchased a new position in Virco Manufacturing in the 2nd quarter valued at $332,000. Hedge funds and other institutional investors own 30.97% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Wall Street Zen upgraded Virco Manufacturing from a “sell” rating to a “hold” rating in a research report on Saturday, September 5th. Freedom Capital cut shares of Virco Manufacturing from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Virco Manufacturing in a report on Wednesday, July 8th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.

Check Out Our Latest Stock Analysis 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.