V2X, Inc. (NYSE:VVX – Get Rating) major shareholder American Industrial Partners C purchased 294,000 shares of the business’s stock in a transaction on Tuesday, September 13th. The stock was acquired at an average cost of $39.74 per share, with a total value of $11,683,560.00. Following the completion of the acquisition, the insider now directly owns 321,023 shares in the company, valued at approximately $12,757,454.02. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
V2X Price Performance
Shares of VVX opened at $40.21 on Friday. The firm has a market cap of $1.22 billion, a P/E ratio of 15.35 and a beta of 1.00. V2X, Inc. has a fifty-two week low of $29.55 and a fifty-two week high of $52.67. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.22. The firm has a 50-day simple moving average of $34.54.
Wall Street Analyst Weigh In
Several analysts have issued reports on VVX shares. Stifel Nicolaus upgraded V2X from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $42.00 to $45.00 in a report on Wednesday, August 10th. Raymond James started coverage on V2X in a report on Friday, September 9th. They set a “strong-buy” rating and a $50.00 price objective on the stock.
V2X Company Profile
V2X, Inc is based in Colorado Springs, Colorado.
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