V2X, Inc. (NYSE:VVX) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. increased its stake in shares of V2X, Inc. (NYSE:VVX - Free Report) by 61.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 469,724 shares of the company's stock after purchasing an additional 178,136 shares during the quarter. Victory Capital Management Inc. owned 1.49% of V2X worth $23,040,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. State of Wyoming purchased a new stake in V2X in the 4th quarter valued at about $45,000. Whipplewood Advisors LLC lifted its position in V2X by 4,066.7% during the 1st quarter. Whipplewood Advisors LLC now owns 1,000 shares of the company's stock worth $49,000 after acquiring an additional 976 shares in the last quarter. CWM LLC lifted its position in V2X by 239.0% during the 1st quarter. CWM LLC now owns 990 shares of the company's stock worth $49,000 after acquiring an additional 698 shares in the last quarter. Summit Investment Advisors Inc. lifted its position in V2X by 24.1% during the 4th quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company's stock worth $71,000 after acquiring an additional 288 shares in the last quarter. Finally, Wealthquest Corp acquired a new position in V2X during the 1st quarter worth approximately $97,000. Institutional investors and hedge funds own 95.18% of the company's stock.

V2X Trading Down 0.2%

Shares of VVX opened at $47.19 on Tuesday. V2X, Inc. has a 52-week low of $41.08 and a 52-week high of $69.75. The firm has a market cap of $1.49 billion, a price-to-earnings ratio of 36.58, a PEG ratio of 0.53 and a beta of 0.24. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.16 and a current ratio of 1.16. The business's fifty day moving average is $47.14 and its 200-day moving average is $48.28.

V2X (NYSE:VVX - Get Free Report) last announced its earnings results on Monday, May 5th. The company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.92 by $0.06. V2X had a return on equity of 13.97% and a net margin of 0.96%. The firm had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the previous year, the business earned $0.90 EPS. The business's quarterly revenue was up .5% compared to the same quarter last year. Equities analysts anticipate that V2X, Inc. will post 4.16 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

VVX has been the subject of a number of recent research reports. Morgan Stanley initiated coverage on V2X in a research note on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price objective for the company. Truist Financial lowered their price objective on V2X from $68.00 to $55.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Stifel Nicolaus initiated coverage on V2X in a research note on Tuesday, June 24th. They set a "buy" rating and a $55.00 price objective for the company. Finally, Wall Street Zen downgraded V2X from a "buy" rating to a "hold" rating in a research note on Friday. Two research analysts have rated the stock with a sell rating, two have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, V2X currently has a consensus rating of "Moderate Buy" and a consensus price target of $62.80.

Insider Activity at V2X

In other news, SVP Richard L. Jr. Caputo sold 4,000 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $44.43, for a total value of $177,720.00. Following the transaction, the senior vice president owned 15,869 shares in the company, valued at $705,059.67. The trade was a 20.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.88% of the stock is currently owned by company 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.

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