Jan Roger Goetgeluk Sells 77,432 Shares of Virtuix (NASDAQ:VTIX) Stock

Key Points

• CEO Jan Roger Goetgeluk sold 77,432 Virtuix (VTIX) shares on May 5 at an average price of $4.04 for a total of $312,825.28, leaving him with 4,020,279 shares (a 1.89% ownership decline).
• Goetgeluk has been repeatedly selling blocks of VTIX stock across April–May (including a 112,563-share sale on April 21 at $6.96), signaling sustained insider selling activity.
• VTIX traded around $3.65 mid-day (50-day moving average $6.37) and faces weak analyst sentiment—recent downgrades and sell ratings leave the consensus near "Reduce."

Virtuix Holdings Inc. (NASDAQ:VTIX - Get Free Report) CEO Jan Roger Goetgeluk sold 77,432 shares of Virtuix stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $4.04, for a total transaction of $312,825.28. Following the transaction, the chief executive officer directly owned 4,020,279 shares of the company's stock, valued at approximately $16,241,927.16. This trade represents a 1.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, May 4th, Jan Roger Goetgeluk sold 24,177 shares of Virtuix stock. The stock was sold at an average price of $3.50, for a total transaction of $84,619.50.
• 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 transaction 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 transaction 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 transaction of $55,964.48.
• On Monday, April 27th, Jan Roger Goetgeluk sold 28,696 shares of Virtuix stock. The stock was sold at an average price of $3.69, for a total transaction of $105,888.24.
• On Thursday, April 23rd, Jan Roger Goetgeluk sold 61,825 shares of Virtuix stock. The stock was sold at an average price of $4.58, for a total transaction 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 transaction of $292,767.12.
• On Tuesday, April 21st, Jan Roger Goetgeluk sold 112,563 shares of Virtuix stock. The shares were sold at an average price of $6.96, for a total transaction 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 shares were sold at an average price of $6.14, for a total transaction of $57,243.22.

Virtuix Price Performance

Shares of VTIX traded down $0.20 during mid-day trading on Wednesday, reaching $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 12 month low of $3.14 and a 12 month high of $92.74. The business's fifty day moving average price is $6.37.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on VTIX shares. Wall Street Zen downgraded shares of Virtuix from a "hold" rating to a "sell" rating in a research note on Saturday, April 4th. Weiss Ratings assumed coverage on shares of Virtuix in a report on Monday, April 20th. They set a "sell (e-)" rating on the stock. Finally, Zacks Research upgraded shares of Virtuix to a "hold" rating in a report on Tuesday, April 14th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average 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.