SummitTX Capital L.P. Grows Stock Holdings in Virtu Financial, Inc. $VIRT

SummitTX Capital L.P. boosted its stake in Virtu Financial, Inc. (NYSE:VIRT) by 442.6% during the 1st quarter, HoldingsChannel.com reports. The fund owned 136,332 shares of the company’s stock after purchasing an additional 111,208 shares during the period. SummitTX Capital L.P.’s holdings in Virtu Financial were worth $5,996,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its stake in shares of Virtu Financial by 2.2% in the 4th quarter. NewEdge Advisors LLC now owns 12,939 shares of the company’s stock valued at $431,000 after purchasing an additional 275 shares during the last quarter. Optimist Retirement Group LLC grew its position in Virtu Financial by 3.5% in the 4th quarter. Optimist Retirement Group LLC now owns 8,277 shares of the company’s stock valued at $276,000 after buying an additional 279 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in Virtu Financial by 18.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,868 shares of the company’s stock valued at $62,000 after buying an additional 291 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in Virtu Financial by 1.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 18,237 shares of the company’s stock valued at $608,000 after buying an additional 300 shares during the period. Finally, CIBC Private Wealth Group LLC increased its stake in Virtu Financial by 51.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 972 shares of the company’s stock valued at $35,000 after buying an additional 332 shares during the period. 45.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

VIRT has been the subject of several recent analyst reports. The Goldman Sachs Group raised their target price on shares of Virtu Financial from $51.00 to $63.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 30th. Morgan Stanley boosted their price target on shares of Virtu Financial from $39.00 to $57.00 and gave the stock an “underweight” rating in a research note on Friday, July 10th. Piper Sandler increased their price target on shares of Virtu Financial from $61.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Virtu Financial in a report on Friday, May 29th. Finally, Wall Street Zen upgraded Virtu Financial from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $55.17.

Insiders Place Their Bets

In other news, COO Brett Fairclough sold 30,000 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $50.06, for a total value of $1,501,800.00. Following the completion of the transaction, the chief operating officer directly owned 42,473 shares of the company’s stock, valued at $2,126,198.38. The trade was a 41.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 46.76% of the company’s stock.

Virtu Financial Stock Down 1.2%

Shares of NYSE VIRT opened at $59.00 on Tuesday. The firm’s 50-day moving average is $57.75 and its two-hundred day moving average is $48.14. The company has a market capitalization of $9.15 billion, a PE ratio of 9.77, a price-to-earnings-growth ratio of 0.40 and a beta of 0.58. Virtu Financial, Inc. has a 12-month low of $31.55 and a 12-month high of $68.02. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.48 and a quick ratio of 0.48.

Virtu Financial (NYSE:VIRT) last issued its quarterly earnings data on Tuesday, July 14th. The company reported $1.82 earnings per share for the quarter. Virtu Financial had a net margin of 14.17% and a return on equity of 51.63%. The business had revenue of $718.00 million during the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. Equities analysts anticipate that Virtu Financial, Inc. will post 6.26 EPS for the current fiscal year.

Virtu Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.96 annualized dividend and a yield of 1.6%. Virtu Financial’s dividend payout ratio (DPR) is presently 15.89%.

Virtu Financial Profile

Virtu Financial, Inc is a technology-driven electronic trading firm and market maker that provides liquidity and price discovery across a wide range of financial instruments. Leveraging advanced analytics, high-performance computing and proprietary algorithms, Virtu operates in equities, fixed income, foreign exchange, commodities and derivative products. Its technology platform is designed to capture bid-ask spreads in real time, manage risk through automated controls and adapt to changing market conditions.

The company offers a suite of execution services and market-making solutions to institutional clients such as asset managers, banks, broker-dealers and hedge funds.