Dimensional Fund Advisors LP Grows Stock Holdings in VirTra, Inc. (NASDAQ:VTSI)

Dimensional Fund Advisors LP raised its position in shares of VirTra, Inc. (NASDAQ:VTSI - Free Report) by 31.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 306,619 shares of the company's stock after purchasing an additional 74,216 shares during the quarter. Dimensional Fund Advisors LP owned 2.73% of VirTra worth $2,070,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC grew its stake in shares of VirTra by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 242,173 shares of the company's stock worth $1,635,000 after acquiring an additional 4,969 shares during the period. Resona Asset Management Co. Ltd. bought a new stake in shares of VirTra in the fourth quarter worth approximately $312,000. Perritt Capital Management Inc grew its stake in shares of VirTra by 100.0% in the fourth quarter. Perritt Capital Management Inc now owns 40,000 shares of the company's stock worth $270,000 after acquiring an additional 20,000 shares during the period. Hennion & Walsh Asset Management Inc. grew its stake in shares of VirTra by 114.7% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 31,279 shares of the company's stock worth $211,000 after acquiring an additional 16,708 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of VirTra by 16.7% in the fourth quarter. Bank of New York Mellon Corp now owns 21,094 shares of the company's stock worth $142,000 after acquiring an additional 3,022 shares during the period. 14.69% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital reduced their price target on shares of VirTra from $10.00 to $7.00 and set a "buy" rating for the company in a research note on Friday, March 28th.

VirTra Stock Performance

NASDAQ VTSI traded down $0.06 during trading hours on Tuesday, hitting $5.73. 1,160 shares of the company's stock traded hands, compared to its average volume of 113,545. The business's fifty day moving average price is $4.64 and its two-hundred day moving average price is $5.92. The company has a current ratio of 5.02, a quick ratio of 3.46 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $64.47 million, a P/E ratio of 11.08 and a beta of 0.43. VirTra, Inc. has a 52 week low of $3.57 and a 52 week high of $11.00.

VirTra (NASDAQ:VTSI - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.10. The company had revenue of $7.16 million during the quarter, compared to analyst estimates of $5.46 million. VirTra had a net margin of 18.24% and a return on equity of 13.01%. Equities research analysts predict that VirTra, Inc. will post 0.34 EPS for the current year.

About VirTra

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.