Virtuix (NASDAQ:VTIX) CEO Sells $105,888.24 in Stock

Virtuix Holdings Inc. (NASDAQ:VTIX) CEO Jan Roger Goetgeluk sold 28,696 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $3.69, for a total transaction of $105,888.24. Following the completion of the sale, the chief executive officer directly owned 4,170,046 shares of the company’s stock, valued at $15,387,469.74. This trade represents a 0.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Jan Roger Goetgeluk also recently made the following trade(s):

• On Thursday, April 30th, Jan Roger Goetgeluk sold 13,563 shares of Virtuix stock. The shares were sold at an average price of $3.40, for a total transaction of $46,114.20.
• On Wednesday, April 29th, Jan Roger Goetgeluk sold 18,696 shares of Virtuix stock. The shares were sold at an average price of $3.32, for a total transaction of $62,070.72.
• On Tuesday, April 28th, Jan Roger Goetgeluk sold 15,899 shares of Virtuix stock. The shares were sold at an average price of $3.52, for a total transaction of $55,964.48.
• On Thursday, April 23rd, Jan Roger Goetgeluk sold 61,825 shares of Virtuix stock. The shares were sold at an average price of $4.58, for a total transaction of $283,158.50.
• On Wednesday, April 22nd, Jan Roger Goetgeluk sold 49,122 shares of Virtuix stock. The shares were sold at an average price of $5.96, for a total transaction of $292,767.12.
• On Tuesday, April 21st, Jan Roger Goetgeluk sold 112,563 shares of Virtuix stock. The stock was sold at an average price of $6.96, for a total transaction of $783,438.48.
• On Monday, April 20th, Jan Roger Goetgeluk sold 24,990 shares of Virtuix stock. The stock was sold at an average price of $6.62, for a total transaction of $165,433.80.
• On Thursday, April 16th, Jan Roger Goetgeluk sold 9,323 shares of Virtuix stock. The stock was sold at an average price of $6.14, for a total transaction of $57,243.22.
• On Wednesday, April 15th, Jan Roger Goetgeluk sold 8,185 shares of Virtuix stock. The stock was sold at an average price of $6.40, for a total transaction of $52,384.00.
• On Tuesday, April 14th, Jan Roger Goetgeluk sold 6,713 shares of Virtuix stock. The stock was sold at an average price of $6.43, for a total transaction of $43,164.59.

Virtuix Price Performance

VTIX stock opened at $3.70 on Friday. Virtuix Holdings Inc. has a twelve month low of $3.14 and a twelve month high of $92.74. The stock’s 50 day moving average is $6.41.

Virtuix (NASDAQ:VTIX) last released its quarterly earnings results on Friday, March 6th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $0.96 million for the quarter.

Analyst Ratings Changes

VTIX has been the subject of a number of recent analyst reports. Weiss Ratings initiated coverage on shares of Virtuix in a research report on Monday, April 20th. They set a “sell (e-)” rating for the company. Wall Street Zen downgraded shares of Virtuix from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Finally, Zacks Research raised shares of Virtuix to a “hold” rating in a research report on Tuesday, April 14th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Virtuix has a consensus rating of “Reduce”.

Virtuix Company Profile

Virtuix (NASDAQ:VTIX) is a company that develops and commercializes hardware and software for immersive virtual reality (VR) locomotion and related experiences. Its core focus is on enabling natural movement inside virtual environments through purpose-built platforms and systems that pair motion-control hardware with software integrations for games, training and location-based entertainment.

The company is best known for its Omni family of omnidirectional locomotion platforms, which are designed to allow users to walk, run and maneuver in 360 degrees within a virtual space while remaining stationary in the real world.