Virtuix (NASDAQ:VTIX) CEO Sells $283,158.50 in Stock

Key Points

• CEO Jan Roger Goetgeluk sold 61,825 shares on April 23 for $283,158.50 and completed a series of sales from April 7–23 totaling about 295,264 shares for roughly $1.82 million.
• Following the transactions he still owns 4,198,742 shares valued at approximately $19.23 million, and the recent sales represent a 1.45% reduction in his ownership.
• Virtuix shares dropped about 8.4% to $4.03 on the news with above‑average volume, trade below the 50‑day average ($6.56), and carry an analyst consensus of Reduce alongside recent weak results (EPS -$0.09, revenue $0.96M).

Virtuix Holdings Inc. (NASDAQ:VTIX - Get Free Report) CEO Jan Roger Goetgeluk sold 61,825 shares of Virtuix stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $4.58, for a total transaction of $283,158.50. Following the completion of the sale, the chief executive officer owned 4,198,742 shares in the company, valued at $19,230,238.36. This trade represents a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Wednesday, April 22nd, Jan Roger Goetgeluk sold 49,122 shares of Virtuix stock. The shares were 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.
• On Wednesday, April 15th, Jan Roger Goetgeluk sold 8,185 shares of Virtuix stock. The shares were sold at an average price of $6.40, for a total transaction of $52,384.00.
• On Tuesday, April 14th, Jan Roger Goetgeluk sold 6,713 shares of Virtuix stock. The shares were sold at an average price of $6.43, for a total transaction of $43,164.59.
• On Monday, April 13th, Jan Roger Goetgeluk sold 3,842 shares of Virtuix stock. The shares were 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 shares were 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 shares were 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.

Virtuix Stock Down 8.4%

Shares of NASDAQ VTIX traded down $0.37 during midday trading on Friday, reaching $4.03. The company's stock had a trading volume of 631,160 shares, compared to its average volume of 367,157. Virtuix Holdings Inc. has a fifty-two week low of $3.80 and a fifty-two week high of $92.74. The stock has a 50 day simple moving average of $6.56.

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on VTIX. Zacks Research raised shares of Virtuix to a "hold" rating in a research note on Tuesday, April 14th. Weiss Ratings began coverage on shares of Virtuix in a research note on Monday. They issued a "sell (e-)" rating for the company. Finally, Wall Street Zen cut shares of Virtuix from a "hold" rating to a "sell" rating in a research note on Saturday, April 4th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, 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.

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