Insider Selling: V2X (NYSE:VVX) Major Shareholder Sells 2,250,000 Shares of Stock

V2X, Inc. (NYSE:VVX) major shareholder American Industrial Partners C sold 2,250,000 shares of V2X stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the completion of the sale, the insider owned 5,750,001 shares of the company’s stock, valued at approximately $316,250,055. This trade represents a 28.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

American Industrial Partners C also recently made the following trade(s):

• On Thursday, September 11th, American Industrial Partners C sold 1,700,000 shares of V2X stock. The shares were sold at an average price of $52.20, for a total transaction of $88,740,000.00.

V2X Stock Down 1.6%

NYSE VVX traded down $0.85 during trading hours on Monday, reaching $53.39. 221,288 shares of the company traded hands, compared to its average volume of 283,220. The stock has a market capitalization of $1.68 billion, a PE ratio of 24.27, a PEG ratio of 0.59 and a beta of 0.26. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.02. V2X, Inc. has a 12 month low of $41.08 and a 12 month high of $63.74. The company has a 50 day moving average of $57.12 and a two-hundred day moving average of $52.52.

V2X (NYSE:VVX) last issued its earnings results on Monday, November 3rd. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. V2X had a net margin of 1.63% and a return on equity of 15.28%. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same quarter in the prior year, the business posted $1.29 EPS. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. As a group, equities analysts expect that V2X, Inc. will post 4.16 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtus Advisers LLC bought a new position in V2X during the 3rd quarter worth $1,005,000. Susquehanna Fundamental Investments LLC bought a new stake in V2X in the third quarter valued at $579,000. Qube Research & Technologies Ltd increased its holdings in shares of V2X by 8.3% in the 3rd quarter. Qube Research & Technologies Ltd now owns 170,063 shares of the company’s stock worth $9,879,000 after acquiring an additional 12,977 shares during the period. New Vernon Capital Holdings II LLC bought a new stake in V2X in the 3rd quarter valued at about $180,000. Finally, Mariner LLC boosted its stake in V2X by 156.7% during the 3rd quarter. Mariner LLC now owns 10,730 shares of the company’s stock valued at $623,000 after purchasing an additional 6,550 shares during the period. Institutional investors and hedge funds own 95.18% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. Bank of America raised V2X from a “neutral” rating to a “buy” rating and increased their target price for the stock from $55.00 to $65.00 in a report on Wednesday, August 13th. Weiss Ratings reissued a “hold (c)” rating on shares of V2X in a research report on Wednesday, October 8th. Morgan Stanley lifted their price objective on shares of V2X from $51.00 to $55.00 and gave the stock an “underweight” rating in a report on Friday, September 19th. Zacks Research upgraded shares of V2X from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Finally, Wall Street Zen raised shares of V2X from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 30th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $64.40.

V2X Company Profile

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.