VirTra (NASDAQ:VTSI) CEO John Givens II Buys 4,217 Shares of Stock

VirTra, Inc. (NASDAQ:VTSI) CEO John Givens II bought 4,217 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were acquired at an average cost of $4.73 per share, with a total value of $19,946.41. Following the completion of the transaction, the chief executive officer owned 327,605 shares of the company’s stock, valued at $1,549,571.65. This represents a 1.30% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link.

VirTra Price Performance

VTSI stock opened at $4.77 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.13 and a current ratio of 4.40. The business has a 50-day simple moving average of $5.62 and a two-hundred day simple moving average of $5.90. VirTra, Inc. has a 52-week low of $3.57 and a 52-week high of $8.20. The company has a market capitalization of $53.91 million, a P/E ratio of 47.70 and a beta of 0.64.

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of VTSI. Diversify Advisory Services LLC bought a new stake in shares of VirTra during the 3rd quarter valued at $70,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of VirTra in the third quarter worth $74,000. Bank of America Corp DE boosted its stake in VirTra by 64.9% during the third quarter. Bank of America Corp DE now owns 14,780 shares of the company’s stock valued at $78,000 after buying an additional 5,816 shares during the period. Nuveen LLC purchased a new position in VirTra during the first quarter worth about $94,000. Finally, XTX Topco Ltd bought a new position in VirTra in the 2nd quarter worth about $96,000. 14.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on VTSI. Wall Street Zen lowered VirTra from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings restated a “sell (d+)” rating on shares of VirTra in a research note on Wednesday, October 8th. Finally, Zacks Research lowered VirTra from a “hold” rating to a “strong sell” rating in a research report on Wednesday, November 12th. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $7.00.

About VirTra

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.