V2X (NYSE:VVX) Stock Price Down 4.8% - Should You Sell?

Key Points

• V2X, Inc. (NYSE:VVX) saw its stock price decrease by 4.8%, trading at approximately $56.39 after closing at $59.21 the previous day.
• Despite the drop, Wall Street analysts have provided mixed ratings, with one upgrading V2X to a strong-buy and others adjusting price targets between $50.00 and $65.00, resulting in a consensus target price of $63.73.
• Insider trading activity at V2X indicates significant selling, with major shareholders offloading around 5.4 million shares recently, reflecting a decrease in their holdings.

Shares of V2X, Inc. (NYSE:VVX - Get Free Report) dropped 4.8% during trading on Friday . The stock traded as low as $56.37 and last traded at $56.39. Approximately 101,485 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 275,350 shares. The stock had previously closed at $59.21.

Analyst Ratings Changes

Several brokerages have recently commented on VVX. The Goldman Sachs Group boosted their target price on shares of V2X from $45.00 to $50.00 and gave the company a "sell" rating in a research report on Wednesday, August 13th. Stifel Nicolaus set a $63.00 price target on shares of V2X and gave the stock a "buy" rating in a report on Tuesday, August 5th. Bank of America raised shares of V2X from a "neutral" rating to a "buy" rating and upped their price target for the stock from $55.00 to $65.00 in a report on Wednesday, August 13th. Wall Street Zen raised shares of V2X from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 30th. Finally, Morgan Stanley upped their price target on shares of V2X from $51.00 to $55.00 and gave the stock an "underweight" rating in a report on Friday. 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 company's stock. According to data from MarketBeat.com, V2X presently has a consensus rating of "Moderate Buy" and an average price target of $63.73.

V2X Price Performance

The company has a 50 day moving average price of $54.02 and a 200-day moving average price of $50.17. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.02. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 11.16, a P/E/G ratio of 0.56 and a beta of 0.30.

V2X (NYSE:VVX - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.33. V2X had a return on equity of 15.28% and a net margin of 1.63%.The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the firm posted $0.83 earnings per share. The firm's revenue was up .6% compared to the same quarter last year. 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 fiscal year.

Insider Activity at V2X

In other news, Director Dino M. Cusumano sold 2,000,000 shares of the company's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $50.00, for a total value of $100,000,000.00. Following the completion of the transaction, the director owned 9,700,001 shares of the company's stock, valued at $485,000,050. This represents a 17.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder American Industrial Partners C sold 1,700,000 shares of the company'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 value of $88,740,000.00. Following the completion of the transaction, the insider directly owned 8,000,001 shares of the company's stock, valued at $417,600,052.20. This represents a 17.53% decrease in their position. The disclosure for this sale can be found here. Insiders sold 5,400,000 shares of company stock valued at $277,480,000 in the last ninety days. 0.88% of the stock is currently owned by insiders.

Institutional Trading of V2X

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VVX. Nuveen LLC acquired a new stake in V2X during the 1st quarter valued at approximately $19,753,000. Reinhart Partners LLC. acquired a new stake in V2X during the 2nd quarter valued at approximately $14,083,000. Ophir Asset Management Pty Ltd increased its position in V2X by 80.7% during the 2nd quarter. Ophir Asset Management Pty Ltd now owns 613,343 shares of the company's stock valued at $28,980,000 after purchasing an additional 273,977 shares during the period. Bridgeway Capital Management LLC acquired a new stake in V2X during the 1st quarter valued at approximately $11,036,000. Finally, Pacer Advisors Inc. bought a new position in shares of V2X during the 1st quarter worth approximately $8,853,000. Institutional investors and hedge funds own 95.18% of the company's stock.

V2X Company Profile

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.