Summit Wealth & Retirement Planning Inc. bought a new position in VirnetX Holding Co. (NYSEAMERICAN:VHC) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 16,500 shares of the technology company’s stock, valued at approximately $104,000.

A number of other hedge funds have also added to or reduced their stakes in the business. BlackRock Inc. increased its stake in VirnetX by 0.7% in the fourth quarter. BlackRock Inc. now owns 3,823,317 shares of the technology company’s stock worth $9,176,000 after purchasing an additional 26,474 shares during the period. Vanguard Group Inc increased its stake in shares of VirnetX by 3.8% during the third quarter. Vanguard Group Inc now owns 2,429,980 shares of the technology company’s stock valued at $11,299,000 after buying an additional 88,016 shares during the period. Vanguard Group Inc. increased its stake in shares of VirnetX by 3.8% during the third quarter. Vanguard Group Inc. now owns 2,429,980 shares of the technology company’s stock valued at $11,299,000 after buying an additional 88,016 shares during the period. Geode Capital Management LLC increased its stake in shares of VirnetX by 12.0% during the fourth quarter. Geode Capital Management LLC now owns 552,868 shares of the technology company’s stock valued at $1,326,000 after buying an additional 59,297 shares during the period. Finally, Csenge Advisory Group increased its stake in shares of VirnetX by 42.7% during the fourth quarter. Csenge Advisory Group now owns 210,525 shares of the technology company’s stock valued at $505,000 after buying an additional 62,980 shares during the period.

In other VirnetX news, Director Michael F. Angelo sold 9,900 shares of VirnetX stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $6.58, for a total value of $65,142.00. Following the transaction, the director now owns 91,960 shares in the company, valued at $605,096.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kendall Larsen sold 75,000 shares of VirnetX stock in a transaction dated Tuesday, February 26th. The shares were sold at an average price of $5.44, for a total value of $408,000.00. Following the completion of the transaction, the chief executive officer now owns 6,404,710 shares in the company, valued at approximately $34,841,622.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 145,425 shares of company stock worth $823,057.

Shares of VirnetX stock traded down $0.16 during trading on Wednesday, hitting $6.01. 3,537 shares of the stock traded hands, compared to its average volume of 901,285. VirnetX Holding Co. has a 52-week low of $2.34 and a 52-week high of $7.04.

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VirnetX Profile

VirnetX Holding Corporation, through its subsidiary VirnetX, Inc, operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet, as well as enable organizations and individuals to establish communities of secure, registered users, and transmit information between various devices, networks, and operating systems.

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Institutional Ownership by Quarter for VirnetX (NYSEAMERICAN:VHC)

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