Squarepoint Ops LLC Purchases New Holdings in V2X, Inc. (NYSE:VVX)

Squarepoint Ops LLC purchased a new position in shares of V2X, Inc. (NYSE:VVX - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 14,639 shares of the company's stock, valued at approximately $700,000.

A number of other large investors have also recently bought and sold shares of the business. Two Sigma Advisers LP bought a new position in shares of V2X during the 4th quarter worth approximately $340,000. Two Sigma Investments LP lifted its position in shares of V2X by 162.7% during the 4th quarter. Two Sigma Investments LP now owns 61,633 shares of the company's stock valued at $2,948,000 after acquiring an additional 38,169 shares during the period. State of Wyoming acquired a new position in shares of V2X during the 4th quarter valued at $45,000. Sandia Investment Management LP bought a new position in V2X during the fourth quarter worth $263,000. Finally, Simcoe Capital Management LLC boosted its stake in V2X by 252.8% during the fourth quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company's stock worth $35,057,000 after acquiring an additional 525,204 shares in the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.

V2X Stock Up 1.1%

Shares of VVX traded up $0.50 on Friday, reaching $44.99. The company's stock had a trading volume of 137,771 shares, compared to its average volume of 205,191. V2X, Inc. has a twelve month low of $41.08 and a twelve month high of $69.75. The stock has a market capitalization of $1.43 billion, a PE ratio of 160.68, a PEG ratio of 0.61 and a beta of 0.21. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09. The firm has a fifty day moving average of $48.07 and a 200-day moving average of $50.06.

V2X (NYSE:VVX - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.98 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.06. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.04 billion. V2X had a return on equity of 13.49% and a net margin of 0.22%. The company's revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the company posted $0.90 EPS. Equities analysts predict that V2X, Inc. will post 4.16 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on VVX shares. Morgan Stanley assumed coverage on shares of V2X in a research note on Wednesday, April 16th. They issued an "underweight" rating and a $51.00 price target for the company. Truist Financial reduced their target price on V2X from $68.00 to $55.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Royal Bank of Canada decreased their target price on V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a research report on Tuesday, February 25th. Finally, Raymond James cut their price target on V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a report on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, V2X currently has an average rating of "Moderate Buy" and a consensus target price of $63.67.

Insider Buying and Selling

In related news, SVP Richard L. Jr. Caputo sold 2,200 shares of the firm's stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $46.85, for a total transaction of $103,070.00. Following the transaction, the senior vice president now directly owns 19,869 shares of the company's stock, valued at $930,862.65. This trade represents a 9.97% 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 corporate insiders.

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.