V2X (NYSE:VVX) Major Shareholder American Industrial Partners C Sells 2,545,432 Shares of Stock

V2X, Inc. (NYSE:VVXGet Free Report) major shareholder American Industrial Partners C sold 2,545,432 shares of V2X stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $68.21, for a total transaction of $173,623,916.72. Following the completion of the transaction, the insider owned 2,004,569 shares of the company’s stock, valued at $136,731,651.49. This represents a 55.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

V2X Stock Performance

VVX stock traded up $0.22 during midday trading on Monday, reaching $67.12. 645,206 shares of the company’s stock traded hands, compared to its average volume of 489,438. The firm has a market capitalization of $2.09 billion, a PE ratio of 27.51, a price-to-earnings-growth ratio of 0.57 and a beta of 0.12. The company has a 50-day moving average price of $67.63 and a two-hundred day moving average price of $60.21. V2X, Inc. has a 52 week low of $42.09 and a 52 week high of $75.00. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.22 and a current ratio of 1.22.

V2X (NYSE:VVXGet Free Report) last announced its quarterly earnings results on Monday, February 23rd. The company reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.23. V2X had a return on equity of 15.64% and a net margin of 1.74%.The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the business earned $1.33 earnings per share. The firm’s quarterly revenue was up 5.3% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. As a group, equities analysts anticipate that V2X, Inc. will post 4.16 EPS for the current year.

Institutional Trading of V2X

Institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. boosted its position in shares of V2X by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,986 shares of the company’s stock valued at $217,000 after acquiring an additional 165 shares during the last quarter. Comerica Bank increased its position in shares of V2X by 79.1% in the third quarter. Comerica Bank now owns 480 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of V2X by 1.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 16,445 shares of the company’s stock worth $955,000 after purchasing an additional 223 shares during the last quarter. New York State Teachers Retirement System raised its stake in V2X by 16.6% in the fourth quarter. New York State Teachers Retirement System now owns 1,762 shares of the company’s stock valued at $96,000 after purchasing an additional 251 shares in the last quarter. Finally, Vident Advisory LLC raised its stake in V2X by 2.5% in the fourth quarter. Vident Advisory LLC now owns 10,778 shares of the company’s stock valued at $588,000 after purchasing an additional 261 shares in the last quarter. Hedge funds and other institutional investors own 95.18% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on VVX. Morgan Stanley upped their price target on V2X from $61.00 to $66.00 and gave the company an “underweight” rating in a research report on Wednesday, February 25th. Weiss Ratings restated a “hold (c+)” rating on shares of V2X in a research report on Monday, December 29th. Robert W. Baird set a $94.00 price objective on shares of V2X in a research note on Tuesday, February 24th. BTIG Research upped their target price on shares of V2X from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Finally, The Goldman Sachs Group increased their target price on shares of V2X from $57.00 to $63.00 and gave the stock a “sell” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, V2X presently has a consensus rating of “Hold” and a consensus price target of $72.22.

Check Out Our Latest Stock Report on V2X

About V2X

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V2X, Inc provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Mclean, Virginia.

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Insider Buying and Selling by Quarter for V2X (NYSE:VVX)

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