Insider Selling: Virtuix (NASDAQ:VTIX) CEO Sells 61,825 Shares of Stock

Key Points

  • Jan Roger Goetgeluk, Virtuix CEO, sold 61,825 shares on April 23 at $4.58 and, across multiple April transactions, disposed of a total of 295,264 shares for roughly $1.82 million, trimming his stake by 1.45% to 4,198,742 shares.
  • VTIX opened at $4.03 and is trading below its 50‑day moving average of $6.54; the stock has a one‑year range of $3.80 to $92.74 and the company recently reported a ($0.09) EPS on $0.96 million in quarterly revenue.
  • Analyst sentiment is weak, with recent downgrades from Wall Street Zen and Weiss Ratings and an average MarketBeat rating of "Reduce".

Virtuix Holdings Inc. (NASDAQ:VTIX - Get Free Report) CEO Jan Roger Goetgeluk sold 61,825 shares of the business's stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $4.58, for a total value of $283,158.50. Following the completion of the transaction, the chief executive officer directly owned 4,198,742 shares of the company's stock, valued at approximately $19,230,238.36. This trade represents a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • 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 value 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 value of $783,438.48.
  • On Monday, April 20th, Jan Roger Goetgeluk sold 24,990 shares of Virtuix stock. The shares were 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 shares were 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.
  • On Monday, April 13th, Jan Roger Goetgeluk sold 3,842 shares of Virtuix stock. The shares were sold at an average price of $6.17, for a total transaction of $23,705.14.
  • On Thursday, April 9th, Jan Roger Goetgeluk sold 7,889 shares of Virtuix stock. The shares were sold at an average price of $6.41, for a total transaction of $50,568.49.
  • On Wednesday, April 8th, Jan Roger Goetgeluk sold 6,534 shares of Virtuix stock. The stock was sold at an average price of $6.20, for a total transaction of $40,510.80.
  • On Tuesday, April 7th, Jan Roger Goetgeluk sold 4,278 shares of Virtuix stock. The stock was sold at an average price of $5.95, for a total transaction of $25,454.10.

Virtuix Price Performance




VTIX stock opened at $4.03 on Friday. The stock has a 50 day moving average price of $6.54. Virtuix Holdings Inc. has a one year low of $3.80 and a one year high of $92.74.

Virtuix (NASDAQ:VTIX - Get Free Report) last issued its earnings results on Friday, March 6th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $0.96 million during the quarter.

Analyst Upgrades and Downgrades

VTIX has been the topic of several research analyst reports. Wall Street Zen lowered Virtuix from a "hold" rating to a "sell" rating in a research note on Saturday, April 4th. Zacks Research raised shares of Virtuix to a "hold" rating in a research report on Tuesday, April 14th. Finally, Weiss Ratings began coverage on shares of Virtuix in a report on Monday. They issued a "sell (e-)" rating on the stock. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Virtuix presently has an average rating of "Reduce".

Get Our Latest Stock Analysis on Virtuix

About Virtuix

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Virtuix (NASDAQ:VTIX)

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