Bridgeway Capital Management LLC Makes New $11.04 Million Investment in V2X, Inc. $VVX

Key Points

• Bridgeway Capital Management LLC has acquired a new stake in V2X, Inc., purchasing 224,992 shares valued at approximately $11.04 million, representing about 0.71% of the company.
• V2X, Inc. reported $1.33 earnings per share (EPS) for the most recent quarter, exceeding the consensus estimate and showcasing revenue growth of 0.6% year-over-year.
• Institutional ownership of V2X is high, with approximately 95.18% of the stock held by institutional investors, indicating strong institutional confidence in the company's performance and potential.

Bridgeway Capital Management LLC bought a new stake in shares of V2X, Inc. (NYSE:VVX - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 224,992 shares of the company's stock, valued at approximately $11,036,000. Bridgeway Capital Management LLC owned approximately 0.71% of V2X at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Simcoe Capital Management LLC grew its stake in shares of V2X by 252.8% during the fourth quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company's stock valued at $35,057,000 after buying an additional 525,204 shares during the last quarter. Nuveen LLC purchased a new stake in V2X in the first quarter worth $19,753,000. Pacer Advisors Inc. bought a new position in shares of V2X in the first quarter worth about $8,853,000. Victory Capital Management Inc. increased its stake in V2X by 61.1% in the 1st quarter. Victory Capital Management Inc. now owns 469,724 shares of the company's stock worth $23,040,000 after buying an additional 178,136 shares during the period. Finally, Zimmer Partners LP lifted its holdings in V2X by 48.5% during the 4th quarter. Zimmer Partners LP now owns 389,609 shares of the company's stock valued at $18,635,000 after buying an additional 127,189 shares in the last quarter. 95.18% of the stock is owned by institutional investors.

V2X Stock Performance

VVX opened at $55.33 on Thursday. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.02. V2X, Inc. has a 12-month low of $41.08 and a 12-month high of $69.75. The firm has a 50 day moving average of $52.27 and a two-hundred day moving average of $49.19. The firm has a market capitalization of $1.75 billion, a PE ratio of 25.15, a P/E/G ratio of 0.59 and a beta of 0.30.

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

Insiders Place Their Bets

In other V2X news, Director Dino M. Cusumano sold 2,000,000 shares of the business's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $50.00, for a total value of $100,000,000.00. Following the completion of the transaction, the director directly owned 9,700,001 shares of the company's stock, valued at approximately $485,000,050. The trade was a 17.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.88% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Stifel Nicolaus set a $63.00 price target on V2X and gave the company a "buy" rating in a report on Tuesday, August 5th. Bank of America upgraded shares of 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 report on Wednesday, August 13th. Wall Street Zen upgraded shares of V2X from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 30th. Finally, The Goldman Sachs Group boosted their price objective on shares of V2X from $45.00 to $50.00 and gave the stock a "sell" rating in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, V2X currently has an average rating of "Moderate Buy" and an average price target of $63.36.

V2X Company Profile

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.

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