Virtu Financial (NYSE:VIRT – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.
VIRT has been the subject of several other research reports. The Goldman Sachs Group lifted their price target on shares of Virtu Financial from $51.00 to $63.00 and gave the company a “neutral” rating in a research report on Tuesday, June 30th. Piper Sandler upped their price objective 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. Zacks Research lowered shares of Virtu Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. 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 note on Friday, July 10th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Virtu Financial in a report on Friday, May 29th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Virtu Financial has a consensus rating of “Hold” and an average target price of $58.80.
Read Our Latest Stock Report on VIRT
Virtu Financial Stock Down 0.0%
Virtu Financial (NYSE:VIRT – Get Free Report) last announced its quarterly earnings data on Tuesday, July 14th. The company reported $1.82 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 during the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. As a group, research analysts forecast that Virtu Financial will post 6.33 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Handelsbanken Fonder AB grew its position in Virtu Financial by 1.7% in the 2nd quarter. Handelsbanken Fonder AB now owns 23,815 shares of the company’s stock worth $1,419,000 after purchasing an additional 400 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Virtu Financial by 4.3% during the 2nd quarter. GAMMA Investing LLC now owns 6,310 shares of the company’s stock worth $376,000 after buying an additional 259 shares in the last quarter. Redwood Investment Management LLC purchased a new position in shares of Virtu Financial in the 1st quarter worth approximately $1,048,000. Militia Capital Management LLC purchased a new position in shares of Virtu Financial in the 1st quarter worth approximately $563,000. Finally, DV Trading LLC grew its holdings in shares of Virtu Financial by 16.7% in the first quarter. DV Trading LLC now owns 7,000 shares of the company’s stock valued at $308,000 after acquiring an additional 1,000 shares in the last quarter. 45.78% of the stock is currently owned by hedge funds and other institutional investors.
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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