Victory Capital (VCTR) Receiving Somewhat Negative Press Coverage, Report Finds
News stories about Victory Capital (NASDAQ:VCTR) have trended somewhat negative this week, according to Accern. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Victory Capital earned a media sentiment score of -0.02 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.2551199191556 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Victory Capital (NASDAQ:VCTR) opened at $13.30 on Friday. Victory Capital has a 1 year low of $11.03 and a 1 year high of $13.50.
In other news, CFO Terence Francis Sullivan acquired 14,000 shares of the stock in a transaction dated Thursday, February 8th. The shares were acquired at an average cost of $13.00 per share, for a total transaction of $182,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James B. Hawkes acquired 335,000 shares of the stock in a transaction dated Friday, February 9th. The shares were purchased at an average price of $12.66 per share, for a total transaction of $4,241,100.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 385,500 shares of company stock worth $4,882,400.
Victory Capital Holdings, Inc is an investment management company. The Company’s model features an operating platform that provides centralized distribution, marketing and operations infrastructure to its franchises and solutions platform. Its solutions platform consists of multi-Franchise and customized solutions strategies that are primarily rules-based.
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