V2X, Inc. $VVX Shares Purchased by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. increased its stake in V2X, Inc. by 21.7%, owning 172,685 shares worth approximately $8.47 million at the end of the first quarter.
• Analysts have mixed views on V2X, with consensus ratings indicating a "Moderate Buy" and a price target of $63.36, while recent upgrades include a "buy" rating from Bank of America.
• Insider activity was significant as Director Dino M. Cusumano sold 2 million shares for $100 million, representing a 17.09% reduction in their ownership.

Charles Schwab Investment Management Inc. increased its holdings in shares of V2X, Inc. (NYSE:VVX - Free Report) by 21.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 172,685 shares of the company's stock after acquiring an additional 30,800 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.55% of V2X worth $8,470,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. State of Wyoming purchased a new stake in V2X during the fourth quarter worth $45,000. Whipplewood Advisors LLC boosted its position in V2X by 4,066.7% during the first quarter. Whipplewood Advisors LLC now owns 1,000 shares of the company's stock worth $49,000 after purchasing an additional 976 shares in the last quarter. CWM LLC boosted its position in V2X by 239.0% during the first quarter. CWM LLC now owns 990 shares of the company's stock worth $49,000 after purchasing an additional 698 shares in the last quarter. Wealthquest Corp purchased a new stake in V2X during the first quarter worth $97,000. Finally, GAMMA Investing LLC boosted its position in V2X by 3,403.3% during the first quarter. GAMMA Investing LLC now owns 3,188 shares of the company's stock worth $156,000 after purchasing an additional 3,097 shares in the last quarter. Institutional investors and hedge funds own 95.18% of the company's stock.

Analyst Upgrades and Downgrades

VVX has been the topic of a number of research analyst reports. 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. 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. Wall Street Zen upgraded V2X from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $63.36.

Insider Buying and Selling at V2X

In other news, SVP Richard L. Jr. Caputo sold 4,000 shares of the company's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $44.43, for a total value of $177,720.00. Following the sale, the senior vice president directly owned 15,869 shares in the company, valued at $705,059.67. This represents a 20.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dino M. Cusumano sold 2,000,000 shares of the company's stock in a transaction 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 completion of the sale, the director owned 9,700,001 shares in the company, valued at $485,000,050. This represents a 17.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.88% of the stock is owned by corporate insiders.

V2X Price Performance

Shares of NYSE:VVX traded down $0.30 on Friday, hitting $57.46. The company had a trading volume of 297,250 shares, compared to its average volume of 497,267. 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 52-week low of $41.08 and a 52-week high of $69.75. The business has a 50 day moving average of $51.66 and a 200 day moving average of $49.00. The company has a market cap of $1.82 billion, a PE ratio of 26.12, a PEG ratio of 0.59 and a beta of 0.30.

V2X (NYSE:VVX - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The company reported $1.33 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the business earned $0.83 earnings per share. The business's revenue was up .6% on a year-over-year basis. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. As a group, equities analysts anticipate 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.