Key Points
- VirTra CEO John Givens II purchased 4,217 shares on November 14 at an average price of $4.73, boosting his stake to 327,605 shares (a 1.30% increase) valued at about $1.55 million.
- Recent quarter missed expectations: VirTra reported a ($0.03) EPS and $5.35M revenue versus analysts' $0.05 EPS and $6.99M revenue estimates, and analysts have since downgraded the stock to an average rating of "Reduce" with a $7.00 consensus target.
- Stock and valuation snapshot: VTSI opened at $4.77 amid a 4.0% decline, has a $53.9M market cap, a PE of 47.7, and a 52-week range of $3.57–$8.20.
VirTra, Inc. (NASDAQ:VTSI - Get Free Report) CEO John Givens II acquired 4,217 shares of the stock in a transaction dated Friday, November 14th. The shares were bought at an average price of $4.73 per share, for a total transaction of $19,946.41. Following the transaction, the chief executive officer owned 327,605 shares in the company, valued at approximately $1,549,571.65. This represents a 1.30% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
VirTra Stock Down 4.0%
Shares of NASDAQ:VTSI opened at $4.77 on Wednesday. The firm has a market capitalization of $53.91 million, a PE ratio of 47.70 and a beta of 0.64. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.13 and a current ratio of 4.40. VirTra, Inc. has a 52-week low of $3.57 and a 52-week high of $8.20. The firm has a fifty day moving average of $5.62 and a 200 day moving average of $5.90.
VirTra (NASDAQ:VTSI - Get Free Report) last released its quarterly earnings results 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 net margin of 4.15% and a return on equity of 2.41%. The firm had revenue of $5.35 million for the quarter, compared to analysts' expectations of $6.99 million. As a group, research analysts anticipate that VirTra, Inc. will post 0.34 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
VTSI has been the topic of several research reports. Wall Street Zen downgraded shares of VirTra from a "buy" rating to a "hold" rating in a research note on Saturday. Weiss Ratings reissued a "sell (d+)" rating on shares of VirTra in a report on Wednesday, October 8th. Finally, Zacks Research lowered shares of VirTra from a "hold" rating to a "strong sell" rating in a research note on Wednesday, November 12th. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, VirTra currently has an average rating of "Reduce" and a consensus target price of $7.00.
Read Our Latest Analysis on VTSI
Institutional Investors Weigh In On VirTra
Several large investors have recently modified their holdings of VTSI. Bank of America Corp DE raised its position in VirTra by 64.9% in the 3rd quarter. Bank of America Corp DE now owns 14,780 shares of the company's stock valued at $78,000 after purchasing an additional 5,816 shares during the last quarter. Squarepoint Ops LLC acquired a new position in shares of VirTra in the third quarter valued at approximately $284,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of VirTra during the third quarter worth approximately $74,000. Diversify Advisory Services LLC acquired a new stake in shares of VirTra during the third quarter worth $70,000. Finally, Dimensional Fund Advisors LP grew its position in VirTra by 0.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 321,081 shares of the company's stock valued at $1,689,000 after buying an additional 2,195 shares during the last quarter. 14.69% of the stock is owned by institutional investors and hedge funds.
About VirTra
(
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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