Quantbot Technologies LP Lowers Stake in V2X, Inc. $VVX

Key Points

• Quantbot Technologies LP reduced its holdings in V2X, Inc. by 58%, selling 10,731 shares to hold a total of 7,758 shares worth $381,000.
• Recent analyst reports show a shift in ratings for V2X, with Goldman Sachs initiating a "sell" rating while Bank of America upgraded it to "buy," raising the price target to $65.00.
• Insider sales included a significant transaction where Director Dino M. Cusumano sold 2 million shares for $100 million, representing a 17.09% reduction in his position.

Quantbot Technologies LP trimmed its position in V2X, Inc. (NYSE:VVX - Free Report) by 58.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,758 shares of the company's stock after selling 10,731 shares during the quarter. Quantbot Technologies LP's holdings in V2X were worth $381,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. State of Wyoming acquired a new position in V2X in the 4th quarter valued at about $45,000. Whipplewood Advisors LLC boosted its holdings in V2X by 4,066.7% in the 1st quarter. Whipplewood Advisors LLC now owns 1,000 shares of the company's stock valued at $49,000 after purchasing an additional 976 shares during the last quarter. CWM LLC boosted its holdings in V2X by 239.0% in the 1st quarter. CWM LLC now owns 990 shares of the company's stock valued at $49,000 after purchasing an additional 698 shares during the last quarter. Wealthquest Corp acquired a new position in V2X in the 1st quarter valued at about $97,000. Finally, GAMMA Investing LLC raised its stake in shares of V2X by 3,403.3% in the 1st quarter. GAMMA Investing LLC now owns 3,188 shares of the company's stock valued at $156,000 after acquiring an additional 3,097 shares during the period. 95.18% of the stock is currently owned by institutional investors and hedge funds.

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 shares were sold at an average price of $44.43, for a total value of $177,720.00. Following the completion of the transaction, the senior vice president owned 15,869 shares in the company, valued at approximately $705,059.67. This represents a 20.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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 transaction of $100,000,000.00. Following the completion of the transaction, the director 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 position. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company's stock.

V2X Stock Down 0.5%

Shares of V2X stock traded down $0.30 during trading hours on Friday, hitting $57.46. The company had a trading volume of 297,250 shares, compared to its average volume of 495,676. The company's 50-day moving average is $51.66 and its two-hundred day moving average is $48.97. V2X, Inc. has a twelve month low of $41.08 and a twelve month high of $69.75. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market cap of $1.82 billion, a P/E ratio of 11.72, a price-to-earnings-growth ratio of 0.59 and a beta of 0.27.

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, beating 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 business had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.06 billion. During the same quarter in the prior year, the business posted $0.83 EPS. The company'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 anticipate that V2X, Inc. will post 4.16 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

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.