Sandia Investment Management LP Purchases New Stake in V2X, Inc. (NYSE:VVX)

Sandia Investment Management LP purchased a new stake in V2X, Inc. (NYSE:VVX - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 5,500 shares of the company's stock, valued at approximately $263,000.

Several other large investors also recently made changes to their positions in VVX. Summit Investment Advisors Inc. increased its stake in V2X by 24.1% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,482 shares of the company's stock valued at $71,000 after buying an additional 288 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of V2X by 51.9% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,382 shares of the company's stock worth $114,000 after acquiring an additional 814 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of V2X during the fourth quarter worth $134,000. Aquatic Capital Management LLC acquired a new stake in V2X during the fourth quarter valued at $171,000. Finally, Edmond DE Rothschild Holding S.A. grew its stake in V2X by 15.3% in the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 4,204 shares of the company's stock valued at $201,000 after purchasing an additional 558 shares in the last quarter. Institutional investors own 95.18% of the company's stock.

V2X Price Performance

Shares of NYSE:VVX traded down $0.30 on Thursday, hitting $46.78. The stock had a trading volume of 149,826 shares, compared to its average volume of 197,609. The firm's 50 day moving average price is $49.28 and its 200-day moving average price is $51.53. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.08 and a current ratio of 1.08. V2X, Inc. has a twelve month low of $41.08 and a twelve month high of $69.75. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 166.36, a price-to-earnings-growth ratio of 0.61 and a beta of 0.27.

V2X (NYSE:VVX - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.06. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.04 billion. V2X had a net margin of 0.22% and a return on equity of 13.49%. The company's revenue was up .5% on a year-over-year basis. During the same quarter last year, the business posted $0.90 earnings per share. On average, equities research analysts predict that V2X, Inc. will post 4.16 earnings per share for the current year.

Analyst Ratings Changes

VVX has been the topic of a number of analyst reports. Truist Financial lowered their price objective on V2X from $68.00 to $55.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Royal Bank of Canada cut their target price on shares of V2X from $58.00 to $54.00 and set a "sector perform" rating for the company in a research report on Tuesday, February 25th. Morgan Stanley started coverage on V2X in a research report on Wednesday, April 16th. They set an "underweight" rating and a $51.00 price objective for the company. Finally, Raymond James lowered their target price on V2X from $65.00 to $60.00 and set an "outperform" rating on the stock in a report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, V2X presently has an average rating of "Moderate Buy" and a consensus target price of $63.67.

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.