Insider Selling: V2X, Inc. (NYSE:VVX) SVP Sells $177,720.00 in Stock

V2X, Inc. (NYSE:VVX) SVP Richard L. Jr. Caputo sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $44.43, for a total value of $177,720.00. Following the transaction, the senior vice president now directly owns 15,869 shares in the company, valued at $705,059.67. This trade represents a 20.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

V2X Stock Performance

VVX opened at $44.89 on Thursday. The business has a fifty day simple moving average of $47.86 and a 200 day simple moving average of $49.72. The company has a market capitalization of $1.42 billion, a PE ratio of 160.31, a price-to-earnings-growth ratio of 0.61 and a beta of 0.21. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.08 and a quick ratio of 1.08.

V2X (NYSE:VVX) last released its quarterly earnings results on Monday, May 5th. The company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.06. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.04 billion. V2X had a return on equity of 13.49% and a net margin of 0.22%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the company posted $0.90 EPS. Research analysts expect that V2X, Inc. will post 4.16 EPS for the current year.

Institutional Trading of V2X

A number of institutional investors have recently modified their holdings of the stock. FMR LLC lifted its position in shares of V2X by 23.8% during the 4th quarter. FMR LLC now owns 3,712,196 shares of the company’s stock valued at $177,554,000 after acquiring an additional 714,722 shares during the period. Vanguard Group Inc. lifted its position in shares of V2X by 2.8% during the 1st quarter. Vanguard Group Inc. now owns 923,334 shares of the company’s stock valued at $45,290,000 after acquiring an additional 25,222 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of V2X by 12.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 878,820 shares of the company’s stock worth $42,035,000 after buying an additional 97,399 shares in the last quarter. Simcoe Capital Management LLC raised its holdings in shares of V2X by 252.8% during the 4th quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company’s stock worth $35,057,000 after buying an additional 525,204 shares in the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of V2X by 61.1% during the 1st quarter. Victory Capital Management Inc. now owns 469,724 shares of the company’s stock worth $23,040,000 after buying an additional 178,136 shares in the last quarter. 95.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on VVX. Morgan Stanley began coverage on V2X in a research note on Wednesday, April 16th. They set an “underweight” rating and a $51.00 target price for the company. Royal Bank of Canada reduced their target price on V2X from $58.00 to $54.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. Truist Financial reduced their target price on V2X from $68.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Finally, Raymond James reduced their target price on V2X from $65.00 to $60.00 and set an “outperform” rating for the company in a research note on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $63.67.

About V2X

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.