American Industrial Partners C Sells 1,700,000 Shares of V2X (NYSE:VVX) Stock

Key Points

• V2X major shareholder American Industrial Partners C sold 1,700,000 shares at an average price of $52.20, totaling approximately $88.74 million, reducing their position by 17.53%.
• Following the transaction, American Industrial Partners C retains 8,000,001 shares valued at around $417.6 million.
• Despite the insider selling, V2X's stock increased by 0.7% to $54.47 with a market capitalization of $1.73 billion.

V2X, Inc. (NYSE:VVX - Get Free Report) major shareholder American Industrial Partners C sold 1,700,000 shares of the stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $52.20, for a total transaction of $88,740,000.00. Following the transaction, the insider owned 8,000,001 shares in the company, valued at approximately $417,600,052.20. The trade was a 17.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.

V2X Trading Down 6.9%

NYSE VVX traded down $4.11 during mid-day trading on Friday, hitting $55.10. The company's stock had a trading volume of 1,273,571 shares, compared to its average volume of 352,097. V2X, Inc. has a 52-week low of $41.08 and a 52-week high of $69.75. The stock's fifty day simple moving average is $53.85 and its two-hundred day simple moving average is $50.05. 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 firm has a market capitalization of $1.75 billion, a P/E ratio of 25.05, a price-to-earnings-growth ratio of 0.61 and a beta of 0.30.

V2X (NYSE:VVX - Get Free Report) last posted 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. V2X had a net margin of 1.63% and a return on equity of 15.28%. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the firm posted $0.83 earnings per share. V2X's revenue for the quarter was up .6% compared to the same quarter last year. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. Research analysts expect that V2X, Inc. will post 4.16 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on VVX. Stifel Nicolaus set a $63.00 price target on shares of V2X and gave the company a "buy" rating in a report on Tuesday, August 5th. Morgan Stanley upped their target price on shares of V2X from $51.00 to $55.00 and gave the company an "underweight" rating in a research note on Friday. Wall Street Zen raised shares of V2X from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 30th. Bank of America raised shares of V2X from a "neutral" rating to a "buy" rating and raised their price target for the stock from $55.00 to $65.00 in a research report on Wednesday, August 13th. Finally, 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 research report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $63.73.

Hedge Funds Weigh In On V2X

A number of hedge funds have recently added to or reduced their stakes in VVX. Ameritas Advisory Services LLC bought a new stake in V2X in the second quarter valued at $25,000. State of Wyoming bought a new stake in V2X in the fourth quarter valued at $45,000. Whipplewood Advisors LLC lifted its stake 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 buying an additional 976 shares during the last quarter. CWM LLC lifted its stake 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 buying an additional 698 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its stake in V2X by 140.0% in the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company's stock valued at $52,000 after buying an additional 623 shares during the last quarter. Institutional investors and hedge funds own 95.18% 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.