Jan Roger Goetgeluk Sells 6,713 Shares of Virtuix (NASDAQ:VTIX) Stock

Key Points

• CEO Jan Roger Goetgeluk sold 6,713 shares on April 14 at an average price of $6.43 and, across multiple trades from April 6–14, sold a total of about 35,250 shares for roughly $219,500, reducing his stake by 0.15% to 4,464,750 shares valued at ~$28.7M.
• Virtuix (VTIX) traded at $6.43 (50-day MA $6.52) with below-average volume; the company reported a quarterly loss of $0.09 per share on $0.96M revenue, and Wall Street Zen recently downgraded the stock from "hold" to "sell".

Virtuix Holdings Inc. (NASDAQ:VTIX - Get Free Report) CEO Jan Roger Goetgeluk sold 6,713 shares of the stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $6.43, for a total transaction of $43,164.59. Following the completion of the sale, the chief executive officer directly owned 4,464,750 shares of the company's stock, valued at $28,708,342.50. This trade represents a 0.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, April 13th, Jan Roger Goetgeluk sold 3,842 shares of Virtuix stock. The stock was sold at an average price of $6.17, for a total transaction of $23,705.14.
• On Thursday, April 9th, Jan Roger Goetgeluk sold 7,889 shares of Virtuix stock. The stock was sold at an average price of $6.41, for a total transaction of $50,568.49.
• On Wednesday, April 8th, Jan Roger Goetgeluk sold 6,534 shares of Virtuix stock. The stock was sold at an average price of $6.20, for a total transaction of $40,510.80.
• On Tuesday, April 7th, Jan Roger Goetgeluk sold 4,278 shares of Virtuix stock. The shares were sold at an average price of $5.95, for a total transaction of $25,454.10.
• On Monday, April 6th, Jan Roger Goetgeluk sold 5,994 shares of Virtuix stock. The shares were sold at an average price of $6.02, for a total transaction of $36,083.88.

Virtuix Stock Performance

VTIX traded up $0.11 during midday trading on Wednesday, hitting $6.43. 100,789 shares of the company's stock traded hands, compared to its average volume of 342,981. The company's fifty day moving average price is $6.52. Virtuix Holdings Inc. has a one year low of $4.39 and a one year high of $92.74.

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

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of Virtuix from a "hold" rating to a "sell" rating in a research report on Saturday, April 4th.

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.