Alanna Boudreau Purchases 5,000 Shares of VirTra (NASDAQ:VTSI) Stock

VirTra, Inc. (NASDAQ:VTSI) CFO Alanna Boudreau purchased 5,000 shares of the stock in a transaction dated Thursday, November 13th. The shares were purchased at an average price of $4.89 per share, for a total transaction of $24,450.00. Following the completion of the transaction, the chief financial officer owned 14,575 shares in the company, valued at $71,271.75. This trade represents a 52.22% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

VirTra Price Performance

Shares of NASDAQ:VTSI traded down $0.07 during trading hours on Friday, hitting $4.79. 17,012 shares of the company’s stock traded hands, compared to its average volume of 79,026. The company’s fifty day simple moving average is $5.67 and its two-hundred day simple moving average is $5.88. The company has a market cap of $53.97 million, a price-to-earnings ratio of 47.90 and a beta of 0.64. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.13 and a current ratio of 4.40. VirTra, Inc. has a 52 week low of $3.57 and a 52 week high of $8.20.

VirTra (NASDAQ:VTSI) last announced its earnings results on Monday, November 10th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.08). VirTra had a net margin of 4.15% and a return on equity of 2.41%. The company had revenue of $5.35 million for the quarter, compared to analysts’ expectations of $6.99 million. As a group, equities analysts anticipate that VirTra, Inc. will post 0.34 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp lifted its position in shares of VirTra by 19.8% in the 1st quarter. Bank of New York Mellon Corp now owns 25,278 shares of the company’s stock worth $103,000 after acquiring an additional 4,184 shares during the period. Nuveen LLC acquired a new stake in VirTra during the first quarter worth $94,000. NewEdge Advisors LLC increased its holdings in VirTra by 88.5% in the 1st quarter. NewEdge Advisors LLC now owns 27,406 shares of the company’s stock valued at $112,000 after buying an additional 12,864 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in VirTra in the second quarter worth about $228,000. Finally, XTX Topco Ltd bought a new position in shares of VirTra in the second quarter valued at about $96,000. Institutional investors and hedge funds own 14.69% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on VTSI. Zacks Research downgraded VirTra from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Wall Street Zen raised shares of VirTra from a “hold” rating to a “buy” rating in a research report on Saturday, August 16th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of VirTra in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, VirTra presently has a consensus rating of “Reduce” and an average price target of $7.00.

VirTra Company Profile

VirTra, Inc provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.