Key Points
- VirTra CFO Alanna Boudreau bought 5,000 shares on Nov. 13 at an average price of $4.89, raising her ownership to 14,575 shares (a 52.22% increase) in an SEC-disclosed transaction.
- The company missed its latest quarter, reporting EPS of ($0.03) vs. a $0.05 consensus and revenue of $5.35M vs. $6.99M expected, indicating weaker-than-expected results.
- Analysts have shifted negative with a consensus rating of “Reduce” and a $7.00 target, while the stock trades near $4.85 with a market cap around $54.7M.
VirTra, Inc. (NASDAQ:VTSI - Get Free Report) CFO Alanna Boudreau bought 5,000 shares of the company's stock in a transaction on Thursday, November 13th. The shares were acquired at an average price of $4.89 per share, with a total value of $24,450.00. Following the completion of the acquisition, the chief financial officer directly owned 14,575 shares in the company, valued at $71,271.75. This represents a 52.22% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
VirTra Price Performance
VTSI traded down $0.01 during midday trading on Friday, reaching $4.85. 158,967 shares of the company's stock were exchanged, compared to its average volume of 79,730. VirTra, Inc. has a 1-year low of $3.57 and a 1-year high of $8.20. The stock has a market capitalization of $54.65 million, a PE ratio of 48.50 and a beta of 0.64. The company has a debt-to-equity ratio of 0.16, a current ratio of 4.40 and a quick ratio of 3.13. The business's 50-day moving average price is $5.65 and its 200 day moving average price is $5.88.
VirTra (NASDAQ:VTSI - Get Free Report) last issued its quarterly earnings data 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 return on equity of 2.41% and a net margin of 4.15%.The business had revenue of $5.35 million for the quarter, compared to analysts' expectations of $6.99 million. As a group, equities analysts anticipate that VirTra, Inc. will post 0.34 EPS for the current fiscal year.
Hedge Funds Weigh In On VirTra
Several institutional investors and hedge funds have recently bought and sold shares of VTSI. Diversify Advisory Services LLC purchased a new position in VirTra during the third quarter worth approximately $70,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of VirTra during the 3rd quarter worth $74,000. Nuveen LLC purchased a new position in shares of VirTra in the 1st quarter worth $94,000. XTX Topco Ltd purchased a new position in shares of VirTra in the 2nd quarter worth $96,000. Finally, Bank of New York Mellon Corp boosted its holdings in VirTra by 19.8% in the first quarter. Bank of New York Mellon Corp now owns 25,278 shares of the company's stock valued at $103,000 after acquiring an additional 4,184 shares during the last quarter. Institutional investors and hedge funds own 14.69% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on VTSI shares. Wall Street Zen cut VirTra from a "buy" rating to a "hold" rating in a report on Saturday. Zacks Research downgraded shares of VirTra from a "hold" rating to a "strong sell" rating in a research note on Wednesday. Finally, Weiss Ratings restated a "sell (d+)" rating on shares of VirTra in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus target price of $7.00.
View Our Latest Stock Report on VirTra
VirTra Company Profile
(
Get Free Report)
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.
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