Polar Asset Management Partners Inc. Buys New Shares in Virtu Financial, Inc. $VIRT

Polar Asset Management Partners Inc. bought a new position in shares of Virtu Financial, Inc. (NYSE:VIRT) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 23,459 shares of the company’s stock, valued at approximately $1,032,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Transamerica Financial Advisors LLC lifted its stake in Virtu Financial by 480.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 836 shares of the company’s stock valued at $28,000 after acquiring an additional 692 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Virtu Financial by 103.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 760 shares of the company’s stock worth $34,000 after purchasing an additional 387 shares during the last quarter. Quarry LP acquired a new position in shares of Virtu Financial during the 3rd quarter worth about $35,000. CIBC Private Wealth Group LLC raised its holdings in shares of Virtu Financial by 51.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 972 shares of the company’s stock valued at $35,000 after purchasing an additional 332 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in shares of Virtu Financial in the 4th quarter valued at about $37,000. 45.78% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on VIRT shares. Wall Street Zen upgraded Virtu Financial from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. JPMorgan Chase & Co. upped their price objective on Virtu Financial from $44.00 to $51.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Zacks Research lowered Virtu Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Virtu Financial in a research report on Friday, May 29th. Finally, Piper Sandler lifted their target price on Virtu Financial from $61.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Virtu Financial presently has a consensus rating of “Hold” and a consensus target price of $55.17.

Virtu Financial Price Performance

Shares of VIRT opened at $59.00 on Tuesday. The company’s 50-day moving average is $57.75 and its 200-day moving average is $48.14. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.48 and a quick ratio of 0.48. The firm has a market capitalization of $9.15 billion, a PE ratio of 9.77, a PEG ratio of 0.40 and a beta of 0.58. Virtu Financial, Inc. has a fifty-two week low of $31.55 and a fifty-two week high of $68.02.

Virtu Financial (NYSE:VIRT) last announced its earnings results on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. Virtu Financial had a net margin of 14.17% and a return on equity of 51.63%. The business had revenue of $718.00 million during the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. Equities analysts forecast that Virtu Financial, Inc. will post 6.26 EPS for the current year.

Virtu Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders 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 yield of 1.6%. Virtu Financial’s dividend payout ratio (DPR) is 15.89%.

Insider Transactions at Virtu Financial

In other news, COO Brett Fairclough sold 30,000 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the chief operating officer owned 42,473 shares in the company, valued at $2,126,198.38. The trade was a 41.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 46.76% of the stock is owned by company insiders.

Virtu Financial Company 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.