Insider Selling: Virtuix (NASDAQ:VTIX) CEO Sells 24,177 Shares of Stock

Key Points

• CEO insider selling: Virtuix CEO Jan Roger Goetgeluk sold 24,177 shares on May 4 at $3.50 ($84,619.50) and conducted multiple sales from April 16–May 5, totaling about 436,286 shares for roughly $2.25 million in proceeds.
• Remaining ownership: After the May 4 transaction he still owns about 4,097,711 shares (approximately $14.34 million), with the May 4 sale representing about a 0.59% reduction in his stake.
• Stock context and outlook: VTIX last traded at $3.65 (50‑day SMA $6.37; 1‑year high $92.74), carries a MarketBeat consensus rating of "Reduce" following analyst downgrades, and recently reported quarterly EPS of -$0.09 on $0.96 million revenue.

Virtuix Holdings Inc. (NASDAQ:VTIX - Get Free Report) CEO Jan Roger Goetgeluk sold 24,177 shares of the business's stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $3.50, for a total transaction of $84,619.50. Following the completion of the sale, the chief executive officer owned 4,097,711 shares in the company, valued at approximately $14,341,988.50. This trade represents a 0.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Jan Roger Goetgeluk also recently made the following trade(s):

• On Tuesday, May 5th, Jan Roger Goetgeluk sold 77,432 shares of Virtuix stock. The shares were sold at an average price of $4.04, for a total value of $312,825.28.
• On Thursday, April 30th, Jan Roger Goetgeluk sold 13,563 shares of Virtuix stock. The stock was sold at an average price of $3.40, for a total value of $46,114.20.
• On Wednesday, April 29th, Jan Roger Goetgeluk sold 18,696 shares of Virtuix stock. The stock was sold at an average price of $3.32, for a total value of $62,070.72.
• On Tuesday, April 28th, Jan Roger Goetgeluk sold 15,899 shares of Virtuix stock. The stock was sold at an average price of $3.52, for a total value of $55,964.48.
• On Monday, April 27th, Jan Roger Goetgeluk sold 28,696 shares of Virtuix stock. The shares were sold at an average price of $3.69, for a total value of $105,888.24.
• On Thursday, April 23rd, Jan Roger Goetgeluk sold 61,825 shares of Virtuix stock. The shares were sold at an average price of $4.58, for a total value of $283,158.50.
• On Wednesday, April 22nd, Jan Roger Goetgeluk sold 49,122 shares of Virtuix stock. The stock was sold at an average price of $5.96, for a total value of $292,767.12.
• On Tuesday, April 21st, Jan Roger Goetgeluk sold 112,563 shares of Virtuix stock. The stock was sold at an average price of $6.96, for a total value of $783,438.48.
• On Monday, April 20th, Jan Roger Goetgeluk sold 24,990 shares of Virtuix stock. The shares were sold at an average price of $6.62, for a total transaction of $165,433.80.
• On Thursday, April 16th, Jan Roger Goetgeluk sold 9,323 shares of Virtuix stock. The stock was sold at an average price of $6.14, for a total transaction of $57,243.22.

Virtuix Price Performance

Shares of Virtuix stock traded down $0.20 during trading on Wednesday, hitting $3.65. The stock had a trading volume of 321,173 shares, compared to its average volume of 364,734. Virtuix Holdings Inc. has a 1 year low of $3.14 and a 1 year high of $92.74. The stock's 50 day simple moving average is $6.37.

Virtuix (NASDAQ:VTIX - Get Free Report) last issued its quarterly earnings results on Friday, March 6th. The company reported ($0.09) EPS for the quarter. The company had revenue of $0.96 million for the quarter.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on VTIX shares. Zacks Research upgraded shares of Virtuix to a "hold" rating in a report on Tuesday, April 14th. Wall Street Zen lowered Virtuix from a "hold" rating to a "sell" rating in a report on Saturday, April 4th. Finally, Weiss Ratings started coverage on Virtuix in a research note on Monday, April 20th. They issued a "sell (e-)" rating on the stock. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Virtuix has a consensus rating of "Reduce".

Virtuix Company Profile

Virtuix NASDAQ: VTIX is a company that develops and commercializes hardware and software for immersive virtual reality (VR) locomotion and related experiences. Its core focus is on enabling natural movement inside virtual environments through purpose-built platforms and systems that pair motion-control hardware with software integrations for games, training and location-based entertainment.

The company is best known for its Omni family of omnidirectional locomotion platforms, which are designed to allow users to walk, run and maneuver in 360 degrees within a virtual space while remaining stationary in the real world.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.