Insider Selling: V2X (NYSE:VVX) Major Shareholder Sells 1,700,000 Shares of 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 firm's stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $52.20, for a total transaction of $88,740,000.00. Following the completion of the sale, the insider directly owned 8,000,001 shares of the company's stock, valued at approximately $417,600,052.20. This represents a 17.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.

V2X Stock Up 0.7%

VVX stock traded up $0.39 during midday trading on Monday, hitting $54.47. The company's stock had a trading volume of 416,659 shares, compared to its average volume of 329,838. The stock has a market capitalization of $1.73 billion, a P/E ratio of 10.97, a PEG ratio of 0.55 and a beta of 0.30. The company's fifty day moving average price is $53.23 and its 200 day moving average price is $49.80. V2X, Inc. has a twelve month low of $41.08 and a twelve month high of $69.75. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.20 and a quick ratio of 1.20.

V2X (NYSE:VVX - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.00 by $0.33. The business 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%. V2X's quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.83 EPS. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. As a group, equities research analysts predict that V2X, Inc. will post 4.16 EPS for the current year.

Institutional Investors Weigh In On V2X

Hedge funds have recently bought and sold shares of the stock. Ameritas Advisory Services LLC purchased a new position in V2X during the 2nd quarter valued at about $25,000. State of Wyoming purchased a new position in shares of V2X during the fourth quarter worth about $45,000. Whipplewood Advisors LLC increased its holdings in shares of 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 purchasing an additional 976 shares during the period. CWM LLC grew its holdings in V2X by 239.0% during the first quarter. CWM LLC now owns 990 shares of the company's stock worth $49,000 after acquiring an additional 698 shares during the period. Finally, Osaic Holdings Inc. boosted its position in V2X by 140.0% during the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company's stock worth $52,000 after purchasing an additional 623 shares in the last quarter. Hedge funds and other institutional investors own 95.18% of the company's stock.

Analyst Upgrades and Downgrades

VVX has been the topic of several analyst reports. Wall Street Zen upgraded shares of V2X from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 30th. Bank of America upgraded shares of V2X from a "neutral" rating to a "buy" rating and lifted their target price for the company from $55.00 to $65.00 in a research report on Wednesday, August 13th. 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. Finally, The Goldman Sachs Group upped their price objective on shares of V2X from $45.00 to $50.00 and gave the stock a "sell" rating in a report on Wednesday, August 13th. One equities research 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 stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target 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.

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