Key Points
- Virtuix CEO Jan Roger Goetgeluk sold 20,279 shares on May 6 at an average price of $3.58, trimming his ownership by 0.50% while still holding 4 million shares.
- The CEO has been actively selling shares throughout late April and early May, with multiple large transactions disclosed in SEC filings over the prior two weeks.
- VTIX remains under pressure: the stock opened at $4.05, is far below its 50-day moving average of $6.28 and 52-week high of $92.74, and analysts currently rate it a consensus “Reduce.”
Virtuix Holdings Inc. (NASDAQ:VTIX - Get Free Report) CEO Jan Roger Goetgeluk sold 20,279 shares of Virtuix stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $3.58, for a total value of $72,598.82. Following the completion of the transaction, the chief executive officer directly owned 4,000,000 shares of the company's stock, valued at $14,320,000. This represents a 0.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
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 stock was sold at an average price of $4.04, for a total transaction of $312,825.28.
- On Monday, May 4th, Jan Roger Goetgeluk sold 24,177 shares of Virtuix stock. The stock was sold at an average price of $3.50, for a total transaction of $84,619.50.
- 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 stock was 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 stock was sold at an average price of $3.52, for a total transaction 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 transaction 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 transaction of $283,158.50.
- On Wednesday, April 22nd, Jan Roger Goetgeluk sold 49,122 shares of Virtuix stock. The stock was 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 value 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 value of $165,433.80.
Virtuix Stock Performance
Shares of VTIX opened at $4.05 on Friday. The company has a fifty day moving average price of $6.28. Virtuix Holdings Inc. has a 52 week low of $3.14 and a 52 week high of $92.74.
Virtuix (NASDAQ:VTIX - Get Free Report) last released its 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 during the quarter.
Analyst Upgrades and Downgrades
VTIX has been the topic of a number of research reports. Weiss Ratings started coverage on shares of Virtuix in a research report on Monday, April 20th. They set a "sell (e-)" rating on the stock. Zacks Research upgraded shares of Virtuix to a "hold" rating in a research report on Tuesday, April 14th. Finally, Wall Street Zen downgraded shares of Virtuix from a "hold" rating to a "sell" rating in a research note on Saturday, April 4th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Virtuix has a consensus rating of "Reduce".
Get Our Latest Research Report on VTIX
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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