Bank of New York Mellon Corp Purchases 16,720 Shares of VirnetX Holding Co. (NYSE:VHC)
Bank of New York Mellon Corp boosted its stake in shares of VirnetX Holding Co. (NYSE:VHC) by 8.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 207,871 shares of the technology company’s stock after buying an additional 16,720 shares during the period. Bank of New York Mellon Corp’s holdings in VirnetX Holding were worth $477,000 at the end of the most recent quarter.
Separately, State Street Corp increased its stake in VirnetX Holding by 4.9% in the fourth quarter. State Street Corp now owns 806,262 shares of the technology company’s stock worth $1,773,000 after buying an additional 37,838 shares during the last quarter.
VirnetX Holding Co. (NYSE VHC) opened at 3.70 on Friday. The stock’s 50 day moving average price is $4.38 and its 200-day moving average price is $3.18. VirnetX Holding Co. has a 12-month low of $1.70 and a 12-month high of $5.40. The firm’s market cap is $215.13 million.
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Separately, ValuEngine upgraded VirnetX Holding from a “sell” rating to a “hold” rating in a research report on Tuesday.
About VirnetX Holding
VirnetX Holding Corporation is an Internet security software and technology Company with a technology for secure communications, including fourth-generation (4G) long term evolution (LTE) security. The Company’s software and technology solutions, including its secure domain name registry and GABRIEL Connection Technology, facilitate secure communications and provide the security platform required by Internet-based applications, such as instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, remote desktop and machine-to-machine (M2M) communications.
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