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

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

V2X Stock Up 0.3%

VVX stock opened at $67.12 on Tuesday. The firm has a market capitalization of $2.09 billion, a PE ratio of 27.51, a P/E/G ratio of 0.57 and a beta of 0.12. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.00. V2X, Inc. has a twelve month low of $42.09 and a twelve month high of $75.00. The stock’s 50 day moving average is $67.78 and its 200-day moving average is $60.27.

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

Institutional Investors Weigh In On V2X

A number of hedge funds have recently made changes to their positions in VVX. Royal Bank of Canada grew its position in V2X by 46.6% during the first quarter. Royal Bank of Canada now owns 5,813 shares of the company’s stock valued at $284,000 after buying an additional 1,847 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in V2X by 22.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,867 shares of the company’s stock worth $484,000 after acquiring an additional 1,826 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in V2X by 10.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 49,544 shares of the company’s stock worth $2,430,000 after acquiring an additional 4,747 shares during the period. Jane Street Group LLC purchased a new position in V2X in the first quarter valued at about $329,000. Finally, Geode Capital Management LLC boosted its stake in V2X by 2.8% in the second quarter. Geode Capital Management LLC now owns 374,553 shares of the company’s stock valued at $18,186,000 after acquiring an additional 10,062 shares during the last quarter. 95.18% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on VVX. The Goldman Sachs Group increased their target price on shares of V2X from $57.00 to $63.00 and gave the company a “sell” rating in a report on Monday, March 2nd. Truist Financial restated a “hold” rating and set a $68.00 price target (up from $65.00) on shares of V2X in a report on Tuesday, February 24th. Robert W. Baird set a $94.00 price objective on shares of V2X in a research report on Tuesday, February 24th. Royal Bank Of Canada increased their price objective on shares of V2X from $60.00 to $70.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 24th. Finally, Citigroup lifted their target price on shares of V2X from $62.00 to $69.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $72.22.

View Our Latest Stock Analysis on VVX

V2X Company Profile

(Get Free Report)

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.

See Also

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

Receive News & Ratings for V2X Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for V2X and related companies with MarketBeat.com's FREE daily email newsletter.