V2X, Inc. $VVX Shares Bought by Trexquant Investment LP

Key Points

• Trexquant Investment LP significantly increased its holdings in V2X, Inc. by 83.6% this quarter, acquiring a total of 62,552 shares valued at approximately $3.07 million.
• Several institutional investors are also showing strong interest, with Whipplewood Advisors LLC increasing its stake by 4,066.7% and GAMMA Investing LLC boosting its position by 3,403.3% in the same period.
• Analyst ratings for V2X reflect optimism, with a consensus of "Moderate Buy" and a target price reaching up to $65.00, as multiple firms upgraded their ratings recently.

Trexquant Investment LP boosted its position in shares of V2X, Inc. (NYSE:VVX - Free Report) by 83.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,552 shares of the company's stock after acquiring an additional 28,482 shares during the period. Trexquant Investment LP owned 0.20% of V2X worth $3,068,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its position in V2X by 3.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 7,376 shares of the company's stock valued at $353,000 after acquiring an additional 266 shares during the last quarter. CWM LLC raised its holdings in shares of V2X by 239.0% in the first quarter. CWM LLC now owns 990 shares of the company's stock worth $49,000 after buying an additional 698 shares during the last quarter. Ethic Inc. raised its holdings in shares of V2X by 8.9% in the first quarter. Ethic Inc. now owns 9,999 shares of the company's stock worth $488,000 after buying an additional 821 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of V2X by 37.7% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,281 shares of the company's stock worth $161,000 after buying an additional 899 shares during the last quarter. Finally, State of Wyoming purchased a new position in shares of V2X in the fourth quarter worth $45,000. Hedge funds and other institutional investors own 95.18% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on VVX. Stifel Nicolaus set a $63.00 price target on shares of V2X and gave the stock a "buy" rating in a report on Tuesday, August 5th. The Goldman Sachs Group raised their price target 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 raised their target price for the stock from $55.00 to $65.00 in a report on Wednesday, August 13th. Finally, Wall Street Zen raised shares of V2X from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 30th. 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 given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $63.36.

V2X Stock Performance

Shares of V2X stock traded up $1.12 during trading on Friday, hitting $56.57. 358,385 shares of the company's stock were exchanged, compared to its average volume of 407,993. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.20 and a current ratio of 1.20. The business has a 50-day simple moving average of $52.57 and a 200-day simple moving average of $49.37. V2X, Inc. has a 52-week low of $41.08 and a 52-week high of $69.75. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of 25.71, a PEG ratio of 0.58 and a beta of 0.30.

V2X (NYSE:VVX - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.00 by $0.33. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.06 billion. V2X had a net margin of 1.63% and a return on equity of 15.28%. The firm's revenue was up .6% on a year-over-year basis. During the same quarter last year, the business earned $0.83 earnings per share. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. On average, research analysts forecast that V2X, Inc. will post 4.16 EPS for the current year.

Insider Buying and Selling

In related news, Director Dino M. Cusumano sold 2,000,000 shares of the firm'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 sale, the director owned 9,700,001 shares in the company, valued at approximately $485,000,050. This trade represents a 17.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.10% of the company's stock.

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.