V2X, Inc. (NYSE:VVX) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC boosted its holdings in V2X, Inc. (NYSE:VVX) by 1.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 274,247 shares of the company’s stock after acquiring an additional 4,370 shares during the quarter. Geode Capital Management LLC owned about 0.87% of V2X worth $15,322,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Quest Partners LLC grew its holdings in shares of V2X by 112.3% in the 2nd quarter. Quest Partners LLC now owns 673 shares of the company’s stock worth $32,000 after acquiring an additional 356 shares during the period. US Bancorp DE grew its holdings in V2X by 81.0% in the third quarter. US Bancorp DE now owns 1,028 shares of the company’s stock valued at $57,000 after purchasing an additional 460 shares during the last quarter. nVerses Capital LLC purchased a new position in shares of V2X in the third quarter valued at $95,000. SG Americas Securities LLC acquired a new position in V2X during the third quarter worth about $199,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of V2X in the third quarter valued at $207,000. Hedge funds and other institutional investors own 95.18% of the company’s stock.

Insider Transactions at V2X

In other news, General Counsel Jeremy John Nance sold 2,500 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $61.43, for a total transaction of $153,575.00. Following the completion of the transaction, the general counsel now directly owns 10,634 shares in the company, valued at approximately $653,246.62. This represents a 19.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.10% of the stock is owned by corporate insiders.

V2X Trading Down 1.2 %

NYSE:VVX opened at $46.98 on Monday. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 167.79 and a beta of 0.55. V2X, Inc. has a 1-year low of $37.04 and a 1-year high of $69.75. The business’s 50-day moving average price is $59.15 and its two-hundred day moving average price is $54.48. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.09.

V2X (NYSE:VVX) last announced its earnings results on Monday, November 4th. The company reported $1.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.22. V2X had a net margin of 0.22% and a return on equity of 13.49%. The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same period in the prior year, the business earned $0.73 EPS. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. On average, equities analysts expect that V2X, Inc. will post 4.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Raymond James upped their price target on shares of V2X from $60.00 to $72.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, November 5th. The Goldman Sachs Group assumed coverage on V2X in a research report on Thursday, December 12th. They issued a “sell” rating and a $54.00 price objective on the stock. Baird R W raised shares of V2X to a “strong-buy” rating in a research report on Friday, October 11th. Robert W. Baird began coverage on V2X in a research report on Friday, October 11th. They issued an “outperform” rating and a $75.00 target price on the stock. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $58.00 price objective (down from $70.00) on shares of V2X in a research note on Thursday, December 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $67.86.

About V2X

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.