Key Points
- Jan Roger Goetgeluk, Virtuix CEO, sold 77,432 shares on May 5 at an average price of $4.04 for about $312,825, leaving him with 4,020,279 shares valued at roughly $16.24 million (a 1.89% reduction).
- The CEO has been steadily liquidating stock across late April and early May, selling roughly 436,286 shares in multiple transactions (including a 112,563-share sale on April 21), generating significant proceeds.
- Virtuix shares are under pressure—down about 5.2% and trading near $3.65 versus a 50-day average of $6.32—with analysts' consensus rating at Reduce.
Virtuix Holdings Inc. (NASDAQ:VTIX - Get Free Report) CEO Jan Roger Goetgeluk sold 24,177 shares of the business's stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $3.50, for a total value of $84,619.50. Following the sale, the chief executive officer owned 4,097,711 shares in the company, valued at approximately $14,341,988.50. This represents a 0.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Jan Roger Goetgeluk also recently made the following trade(s):
- On Tuesday, May 5th, Jan Roger Goetgeluk sold 77,432 shares of Virtuix stock. The shares were sold at an average price of $4.04, for a total value of $312,825.28.
- 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 value 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 value 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 value of $55,964.48.
- On Monday, April 27th, Jan Roger Goetgeluk sold 28,696 shares of Virtuix stock. The shares were sold at an average price of $3.69, for a total value of $105,888.24.
- 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 value 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 value of $292,767.12.
- On Tuesday, April 21st, Jan Roger Goetgeluk sold 112,563 shares of Virtuix stock. The shares were 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 value 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 value of $57,243.22.
Virtuix Trading Down 5.2%
VTIX opened at $3.65 on Thursday. Virtuix Holdings Inc. has a 1 year low of $3.14 and a 1 year high of $92.74. The company's 50 day moving average price is $6.32.
Virtuix (NASDAQ:VTIX - Get Free Report) last released its quarterly earnings data on Friday, March 6th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $0.96 million during the quarter.
Analyst Ratings Changes
A number of brokerages have weighed in on VTIX. Weiss Ratings began coverage on Virtuix in a research report on Monday, April 20th. They issued a "sell (e-)" rating on the stock. Zacks Research upgraded Virtuix to a "hold" rating in a research report on Tuesday, April 14th. Finally, Wall Street Zen cut Virtuix from a "hold" rating to a "sell" rating in a research report on Saturday, April 4th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Virtuix presently has an average rating of "Reduce".
Read Our Latest Analysis on Virtuix
Virtuix Company Profile
(
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.
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