Boston Partners Sells 191,609 Shares of V2X, Inc. $VVX

Key Points

• Boston Partners has reduced its stake in V2X, Inc. by 72.9%, selling 191,609 shares and now holds 71,275 shares worth approximately $3.5 million.
• Director Dino M. Cusumano sold 2 million shares for $100 million, resulting in a 17.09% decrease in his position, while insider sales totaled over $100 million last quarter.
• V2X reported an earnings per share (EPS) of $1.33 for the last quarter, exceeding analysts' expectations, with a projected EPS of 4.16 for the current year.

Boston Partners trimmed its holdings in V2X, Inc. (NYSE:VVX - Free Report) by 72.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,275 shares of the company's stock after selling 191,609 shares during the period. Boston Partners owned about 0.22% of V2X worth $3,496,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of V2X by 2.8% in the first quarter. Vanguard Group Inc. now owns 923,334 shares of the company's stock valued at $45,290,000 after acquiring an additional 25,222 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of V2X by 12.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 878,820 shares of the company's stock valued at $42,035,000 after acquiring an additional 97,399 shares in the last quarter. Simcoe Capital Management LLC lifted its position in shares of V2X by 252.8% in the fourth quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company's stock valued at $35,057,000 after acquiring an additional 525,204 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of V2X by 61.1% in the first quarter. Victory Capital Management Inc. now owns 469,724 shares of the company's stock valued at $23,040,000 after acquiring an additional 178,136 shares in the last quarter. Finally, Nuveen LLC purchased a new position in shares of V2X in the first quarter valued at about $19,753,000. 95.18% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VVX has been the topic of a number of research analyst reports. Bank of America upgraded V2X from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $55.00 to $65.00 in a research report on Wednesday, August 13th. Stifel Nicolaus set a $63.00 target price on V2X and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Wall Street Zen upgraded V2X from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Finally, The Goldman Sachs Group boosted their target price on V2X from $45.00 to $50.00 and gave the stock a "sell" rating in a research report on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $63.36.

Insider Activity at V2X

In other news, SVP Richard L. Jr. Caputo sold 4,000 shares of the company's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $44.43, for a total transaction of $177,720.00. Following the transaction, the senior vice president owned 15,869 shares of the company's stock, valued at approximately $705,059.67. This represents a 20.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Dino M. Cusumano sold 2,000,000 shares of the company's stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $50.00, for a total value of $100,000,000.00. Following the transaction, the director directly owned 9,700,001 shares in the company, valued at approximately $485,000,050. This represents a 17.09% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.10% of the company's stock.

V2X Trading Up 2.3%

NYSE VVX traded up $1.3150 during trading hours on Friday, hitting $59.0650. 67,907 shares of the company were exchanged, compared to its average volume of 263,844. The stock has a 50-day moving average price of $50.05 and a 200 day moving average price of $48.66. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.02. V2X, Inc. has a 52 week low of $41.08 and a 52 week high of $69.75. The stock has a market cap of $1.87 billion, a PE ratio of 26.85, a price-to-earnings-growth ratio of 0.58 and a beta of 0.27.

V2X (NYSE:VVX - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.33. V2X had a return on equity of 15.28% and a net margin of 1.63%.The company had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.06 billion. During the same period in the previous year, the firm posted $0.83 earnings per share. The firm's revenue for the quarter was up .6% on a year-over-year basis. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Analysts forecast that V2X, Inc. will post 4.16 earnings per share for the current fiscal year.

About V2X

V2X, Inc provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Mclean, Virginia.