John Nixon Sells 9,094 Shares of Virtu Financial (NYSE:VIRT) Stock

Virtu Financial, Inc. (NYSE:VIRT) Director John Nixon sold 9,094 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $60.13, for a total value of $546,822.22. Following the completion of the transaction, the director directly owned 30,902 shares in the company, valued at approximately $1,858,137.26. This trade represents a 22.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Virtu Financial Stock Performance

NYSE VIRT opened at $60.03 on Thursday. The stock has a fifty day simple moving average of $59.77 and a 200-day simple moving average of $50.77. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.87. The stock has a market cap of $9.32 billion, a PE ratio of 9.97, a P/E/G ratio of 0.41 and a beta of 0.60. Virtu Financial, Inc. has a twelve month low of $31.55 and a twelve month high of $68.02.

Virtu Financial (NYSE:VIRT) last issued its quarterly earnings data on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. The firm had revenue of $984.69 million for the quarter. Virtu Financial had a net margin of 13.50% and a return on equity of 49.06%. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. Equities analysts anticipate that Virtu Financial, Inc. will post 6.33 earnings per share for the current year.

Virtu Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Tuesday, September 1st. Virtu Financial’s dividend payout ratio is 15.95%.

Hedge Funds Weigh In On Virtu Financial

Several institutional investors have recently modified their holdings of VIRT. Allspring Global Investments Holdings LLC raised its position in Virtu Financial by 41.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,928,509 shares of the company’s stock valued at $85,607,000 after purchasing an additional 569,057 shares in the last quarter. Stephens Investment Management Group LLC boosted its stake in shares of Virtu Financial by 27.5% in the 1st quarter. Stephens Investment Management Group LLC now owns 516,366 shares of the company’s stock valued at $22,710,000 after buying an additional 111,437 shares during the period. Algebris UK Ltd. acquired a new position in shares of Virtu Financial during the fourth quarter worth about $22,377,000. Collar Capital Management LLC acquired a new position in shares of Virtu Financial during the fourth quarter worth about $1,798,000. Finally, Robertson Stephens Wealth Management LLC acquired a new position in shares of Virtu Financial during the fourth quarter worth about $2,489,000. Institutional investors and hedge funds own 45.78% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on VIRT. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Virtu Financial in a research note on Friday, May 29th. JPMorgan Chase & Co. increased their target price on Virtu Financial from $51.00 to $59.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 28th. Piper Sandler raised their target price on Virtu Financial from $61.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Zacks Research downgraded Virtu Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Finally, The Goldman Sachs Group boosted their price target on shares of Virtu Financial from $51.00 to $63.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 30th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $58.80.

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.