Jump Financial LLC Boosts Holdings in V2X, Inc. $VVX

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

A number of other hedge funds also recently made changes to their positions in VVX. Simcoe Capital Management LLC raised 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 purchasing an additional 525,204 shares during the period. Nuveen LLC bought a new stake in shares of V2X in the first quarter worth $19,753,000. Pacer Advisors Inc. bought a new stake in shares of V2X in the first quarter worth $8,853,000. Victory Capital Management Inc. increased its stake 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 worth $23,040,000 after buying an additional 178,136 shares during the last quarter. Finally, Zimmer Partners LP increased its stake in shares of V2X by 48.5% in the fourth quarter. Zimmer Partners LP now owns 389,609 shares of the company's stock worth $18,635,000 after buying an additional 127,189 shares during the last quarter. Hedge funds and other institutional investors own 95.18% of the company's stock.

V2X Stock Performance

Shares of VVX opened at $57.46 on Friday. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 26.12, a price-to-earnings-growth ratio of 0.59 and a beta of 0.27. The firm has a fifty day moving average of $51.66 and a 200-day moving average of $48.97. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.20 and a current ratio of 1.20.

V2X (NYSE:VVX - Get Free Report) last posted 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. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.06 billion. V2X had a net margin of 1.63% and a return on equity of 15.28%. The company's quarterly revenue was up .6% compared to the same quarter last year. During the same quarter 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, equities analysts anticipate that V2X, Inc. will post 4.16 earnings per share for the current year.

Insider Activity

In other V2X news, Director Dino M. Cusumano sold 2,000,000 shares of the business's stock in a transaction dated 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 sale, the director directly owned 9,700,001 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Richard L. Jr. Caputo sold 4,000 shares of the business's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $44.43, for a total transaction of $177,720.00. Following the completion of the sale, the senior vice president owned 15,869 shares in the company, valued at approximately $705,059.67. This trade represents a 20.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company's stock.

Analysts Set New Price Targets

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

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