Virtuix (NASDAQ:VTIX) CEO Sells $50,568.49 in Stock

Key Points

• Jan Roger Goetgeluk sold 7,889 VTIX shares on April 9 for $50,568.49 and completed additional insider sales on April 6–8, totaling 24,695 shares and roughly $152,617 in proceeds over the four days.
• After the transactions the CEO still directly owns 4,475,305 shares (a 0.18% decrease), valued at about $28.69 million.
• VTIX traded at $6.12 (50-day avg $6.50) following a quarter with ($0.09) EPS on $0.96M revenue, and was recently downgraded from "hold" to "sell" by Wall Street Zen.

Virtuix Holdings Inc. (NASDAQ:VTIX - Get Free Report) CEO Jan Roger Goetgeluk sold 7,889 shares of the stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $6.41, for a total value of $50,568.49. Following the completion of the sale, the chief executive officer directly owned 4,475,305 shares of the company's stock, valued at $28,686,705.05. The trade was a 0.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

• 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 stock was 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 stock was sold at an average price of $6.02, for a total transaction of $36,083.88.

Virtuix Price Performance

Shares of VTIX stock traded down $0.36 on Friday, hitting $6.12. The stock had a trading volume of 55,066 shares, compared to its average volume of 358,411. The company's 50 day moving average is $6.50. Virtuix Holdings Inc. has a 12-month low of $4.39 and a 12-month high of $92.74.

Virtuix (NASDAQ:VTIX - Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $0.96 million for the quarter.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Virtuix from a "hold" rating to a "sell" rating in a 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.

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