VirTra (NASDAQ:VTSI) CEO Acquires $19,946.41 in Stock

VirTra, Inc. (NASDAQ:VTSI) CEO John Givens II purchased 4,217 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was acquired at an average cost of $4.73 per share, with a total value of $19,946.41. Following the acquisition, the chief executive officer owned 327,605 shares in the company, valued at $1,549,571.65. The trade was a 1.30% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

VirTra Trading Down 4.0%

NASDAQ VTSI traded down $0.20 during trading hours on Tuesday, hitting $4.77. 43,722 shares of the company were exchanged, compared to its average volume of 79,601. VirTra, Inc. has a 52 week low of $3.57 and a 52 week high of $8.20. The company has a quick ratio of 3.13, a current ratio of 4.40 and a debt-to-equity ratio of 0.16. The stock has a 50-day moving average price of $5.64 and a 200 day moving average price of $5.90. The stock has a market cap of $53.91 million, a PE ratio of 47.70 and a beta of 0.64.

VirTra (NASDAQ:VTSI) last announced its earnings results on Monday, November 10th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.08). The company had revenue of $5.35 million during the quarter, compared to analysts’ expectations of $6.99 million. VirTra had a return on equity of 2.41% and a net margin of 4.15%. Analysts forecast that VirTra, Inc. will post 0.34 earnings per share for the current fiscal year.

Institutional Trading of VirTra

A number of institutional investors have recently made changes to their positions in VTSI. Diversify Advisory Services LLC acquired a new stake in VirTra in the third quarter worth about $70,000. Arrowstreet Capital Limited Partnership purchased a new position in VirTra during the 3rd quarter worth approximately $74,000. Bank of America Corp DE increased its stake in shares of VirTra by 64.9% in the third quarter. Bank of America Corp DE now owns 14,780 shares of the company’s stock worth $78,000 after acquiring an additional 5,816 shares during the period. Nuveen LLC acquired a new stake in VirTra during the 1st quarter worth about $94,000. Finally, XTX Topco Ltd purchased a new stake in shares of VirTra in the second quarter worth about $96,000. Institutional investors and hedge funds own 14.69% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Wall Street Zen cut shares of VirTra from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of VirTra in a research note on Wednesday, October 8th. Finally, Zacks Research cut VirTra from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 12th. One research analyst has rated the stock with a Buy rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, VirTra has an average rating of “Reduce” and an average target price of $7.00.

VirTra Company Profile

VirTra, Inc provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.