Militia Capital Management LLC purchased a new stake in shares of Virtu Financial, Inc. (NYSE:VIRT – Free Report) in the first quarter, according to its most recent 13F filing with the SEC. The fund purchased 12,800 shares of the company’s stock, valued at approximately $563,000.
Other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its position in shares of Virtu Financial by 1,624.1% in the first quarter. Jones Financial Companies Lllp now owns 1,000 shares of the company’s stock worth $38,000 after buying an additional 942 shares in the last quarter. United Services Automobile Association bought a new stake in Virtu Financial during the first quarter valued at $222,000. Empowered Funds LLC purchased a new position in Virtu Financial during the first quarter worth about $1,934,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Virtu Financial by 13.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 226,233 shares of the company’s stock worth $8,624,000 after buying an additional 26,743 shares in the last quarter. Finally, Creative Planning bought a new position in Virtu Financial in the 2nd quarter worth about $235,000. Institutional investors own 45.78% of the company’s stock.
Analysts Set New Price Targets
Several analysts have weighed in on the company. JPMorgan Chase & Co. raised their price target on Virtu Financial from $44.00 to $51.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Wall Street Zen raised Virtu Financial from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Morgan Stanley upped their price objective on shares of Virtu Financial from $39.00 to $57.00 and gave the stock an “underweight” rating in a research report on Friday, July 10th. The Goldman Sachs Group raised their target price on shares of Virtu Financial from $51.00 to $63.00 and gave the company a “neutral” rating in a research note on Tuesday, June 30th. Finally, Zacks Research lowered shares of Virtu Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $55.17.
Insider Buying and Selling at Virtu Financial
In related news, COO Brett Fairclough sold 30,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $50.06, for a total transaction of $1,501,800.00. Following the transaction, the chief operating officer directly owned 42,473 shares of the company’s stock, valued at approximately $2,126,198.38. This trade represents a 41.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 46.76% of the company’s stock.
Virtu Financial Stock Up 0.1%
Shares of NYSE:VIRT opened at $59.62 on Friday. The firm has a market capitalization of $9.25 billion, a PE ratio of 9.87, a price-to-earnings-growth ratio of 0.40 and a beta of 0.58. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.48 and a current ratio of 0.48. Virtu Financial, Inc. has a 52-week low of $31.55 and a 52-week high of $68.02. The firm has a fifty day moving average of $57.57 and a 200 day moving average of $47.77.
Virtu Financial (NYSE:VIRT – Get Free Report) last released its quarterly earnings results on Tuesday, July 14th. The company reported $1.82 earnings per share for the quarter. Virtu Financial had a return on equity of 51.63% and a net margin of 14.17%.The business had revenue of $718.00 million for the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. As a group, research analysts anticipate that Virtu Financial, Inc. will post 6.26 EPS for the current fiscal year.
Virtu Financial Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.24 per share. The ex-dividend date was Monday, June 1st. This represents a $0.96 annualized dividend and a dividend yield of 1.6%. Virtu Financial’s dividend payout ratio is 15.89%.
Virtu Financial Profile
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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