Raymond James Financial Services Advisors Inc. Has $197,000 Stock Position in VirTra, Inc. (NASDAQ:VTSI)

Raymond James Financial Services Advisors Inc. lifted its stake in VirTra, Inc. (NASDAQ:VTSI) by 22.7% during the 4th quarter, HoldingsChannel reports. The fund owned 20,791 shares of the company’s stock after buying an additional 3,841 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in VirTra were worth $197,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Quadrature Capital Ltd grew its stake in shares of VirTra by 79.0% in the third quarter. Quadrature Capital Ltd now owns 41,693 shares of the company’s stock worth $233,000 after acquiring an additional 18,404 shares during the last quarter. O Shaughnessy Asset Management LLC acquired a new stake in shares of VirTra in the third quarter worth $103,000. Finally, Acadian Asset Management LLC grew its stake in shares of VirTra by 8.0% in the third quarter. Acadian Asset Management LLC now owns 45,935 shares of the company’s stock worth $255,000 after acquiring an additional 3,421 shares during the last quarter. Institutional investors and hedge funds own 14.69% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Roth Mkm raised their price objective on shares of VirTra from $14.50 to $19.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. Lake Street Capital lifted their price target on shares of VirTra from $9.00 to $13.00 and gave the stock a “buy” rating in a research note on Friday, December 29th.

VirTra Stock Down 0.2 %

VTSI opened at $12.28 on Thursday. VirTra, Inc. has a fifty-two week low of $4.20 and a fifty-two week high of $16.97. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.11 and a quick ratio of 2.32. The firm’s fifty day moving average price is $10.95 and its two-hundred day moving average price is $9.27. The company has a market capitalization of $136.43 million, a P/E ratio of 16.16, a P/E/G ratio of 0.47 and a beta of 0.85.

VirTra (NASDAQ:VTSI) last issued its quarterly earnings data on Monday, April 1st. The company reported $0.25 earnings per share (EPS) for the quarter. The company had revenue of $10.12 million during the quarter, compared to analysts’ expectations of $9.95 million. VirTra had a return on equity of 21.41% and a net margin of 22.09%. On average, analysts anticipate that VirTra, Inc. will post 0.86 EPS for the current year.

VirTra Company Profile

VirTra, Inc provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.