Versor Investments LP Boosts Stake in V2X, Inc. $VVX

Key Points

• Versor Investments LP significantly increased its stake in V2X, Inc. by 576.8%, acquiring an additional 31,109 shares to reach a total of 36,502 shares, valued at approximately $1.79 million.
• V2X reported a quarterly earnings per share of $1.33, surpassing the consensus estimate of $1.00 and reflecting a 0.6% year-over-year revenue increase to $1.08 billion.
• Wall Street analysts exhibit bullish sentiment on V2X, with an average price target of $63.36 and multiple upgrades, including ratings from Stifel Nicolaus and Bank of America.

Versor Investments LP lifted its position in shares of V2X, Inc. (NYSE:VVX - Free Report) by 576.8% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,502 shares of the company's stock after buying an additional 31,109 shares during the quarter. Versor Investments LP owned about 0.12% of V2X worth $1,790,000 as of its most recent SEC filing.

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

V2X Trading Down 0.1%

VVX traded down $0.0490 during trading on Friday, hitting $57.7010. The company's stock had a trading volume of 110,566 shares, compared to its average volume of 264,107. V2X, Inc. has a twelve month low of $41.08 and a twelve month high of $69.75. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.02. The stock's fifty day moving average price is $50.05 and its 200-day moving average price is $48.66. The firm has a market capitalization of $1.83 billion, a P/E ratio of 26.33, a PEG ratio of 0.58 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 for the quarter, topping analysts' consensus estimates 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 return on equity of 15.28% and a net margin of 1.63%.V2X's revenue for the quarter was up .6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.83 earnings per share. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Analysts anticipate that V2X, Inc. will post 4.16 EPS for the current year.

Insider Transactions at V2X

In related news, Director Dino M. Cusumano sold 2,000,000 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $50.00, for a total transaction of $100,000,000.00. Following the transaction, the director directly owned 9,700,001 shares in the company, valued at $485,000,050. This trade represents a 17.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Richard L. Jr. Caputo sold 4,000 shares of the firm'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 approximately $705,059.67. The trade was a 20.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on VVX shares. Stifel Nicolaus set a $63.00 price target on V2X and gave the stock a "buy" rating in a report on Tuesday, August 5th. Bank of America upgraded V2X from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $55.00 to $65.00 in a report on Wednesday, August 13th. Wall Street Zen upgraded V2X from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Finally, The Goldman Sachs Group boosted their price target on V2X from $45.00 to $50.00 and gave the stock a "sell" rating in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus 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.