V2X, Inc. $VVX Position Increased by Jump Financial LLC

Key Points

• Jump Financial LLC increased its holdings in V2X, Inc. (VVX) by 29.6%, owning approximately 0.07% worth $1.1 million of the company after acquiring additional shares in Q1.
• V2X reported $1.33 earnings per share for the quarter, exceeding estimates and showing a revenue increase to $1.08 billion, up 0.6% from the previous year.
• Analysts have set an average price target of $63.36 for V2X, with a majority recommending a "Moderate Buy" rating based on recent upgrades and price objectives.

Jump Financial LLC lifted its position in shares of V2X, Inc. (NYSE:VVX - Free Report) by 29.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,516 shares of the company's stock after purchasing an additional 5,146 shares during the period. Jump Financial LLC owned about 0.07% of V2X worth $1,104,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. The Manufacturers Life Insurance Company lifted its position in shares of V2X by 3.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 7,376 shares of the company's stock worth $353,000 after purchasing an additional 266 shares in the last quarter. CWM LLC lifted its position in shares of 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. Ethic Inc. lifted its position in shares of V2X by 8.9% during the first quarter. Ethic Inc. now owns 9,999 shares of the company's stock worth $488,000 after purchasing an additional 821 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of V2X by 37.7% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,281 shares of the company's stock worth $161,000 after purchasing an additional 899 shares in the last quarter. Finally, State of Wyoming acquired a new position in shares of V2X during the fourth quarter worth $45,000. 95.18% of the stock is owned by institutional investors and hedge funds.

V2X Stock Up 0.2%

VVX traded up $0.11 during trading on Thursday, hitting $55.38. The company had a trading volume of 233,824 shares, compared to its average volume of 418,751. The company has a market cap of $1.76 billion, a PE ratio of 25.17, a P/E/G ratio of 0.57 and a beta of 0.30. The business has a 50-day moving average of $52.41 and a 200-day moving average of $49.26. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.20 and a quick ratio of 1.20. V2X, Inc. has a 1-year low of $41.08 and a 1-year high of $69.75.

V2X (NYSE:VVX - Get Free Report) last posted its quarterly earnings results 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. The firm had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.06 billion. V2X had a net margin of 1.63% and a return on equity of 15.28%. The firm's quarterly revenue was up .6% on a year-over-year basis. During the same period in the prior year, the company posted $0.83 earnings per share. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. As a group, analysts forecast that V2X, Inc. will post 4.16 earnings per share 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 on Monday, August 11th. The shares were sold at an average price of $50.00, for a total transaction 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. The trade was a 17.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

VVX has been the topic of a number of recent research reports. Wall Street Zen raised shares of V2X from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 30th. The Goldman Sachs Group boosted their target price on shares of V2X from $45.00 to $50.00 and gave the stock a "sell" rating in a research report on Wednesday, August 13th. Stifel Nicolaus set a $63.00 price target on shares of V2X and gave the company a "buy" rating in a report on Tuesday, August 5th. Finally, Bank of America raised shares of V2X from a "neutral" rating to a "buy" rating and upped their price target for the company from $55.00 to $65.00 in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, V2X has a consensus rating of "Moderate Buy" and an average target price of $63.36.

V2X 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.