Bank of America Corp DE Sells 3,081 Shares of VirTra, Inc. (NASDAQ:VTSI)

Bank of America Corp DE cut its holdings in shares of VirTra, Inc. (NASDAQ:VTSI) by 15.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,452 shares of the company’s stock after selling 3,081 shares during the quarter. Bank of America Corp DE owned about 0.15% of VirTra worth $111,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Dimensional Fund Advisors LP grew its position in VirTra by 31.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 306,619 shares of the company’s stock valued at $2,070,000 after acquiring an additional 74,216 shares during the period. Geode Capital Management LLC lifted its position in VirTra by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 242,173 shares of the company’s stock valued at $1,635,000 after purchasing an additional 4,969 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of VirTra in the 4th quarter valued at approximately $121,000. Bank of New York Mellon Corp raised its holdings in VirTra by 16.7% during the 4th quarter. Bank of New York Mellon Corp now owns 21,094 shares of the company’s stock worth $142,000 after buying an additional 3,022 shares during the period. Finally, Wells Fargo & Company MN grew its stake in shares of VirTra by 74.8% during the 4th quarter. Wells Fargo & Company MN now owns 5,692 shares of the company’s stock worth $38,000 after acquiring an additional 2,436 shares in the last quarter. 14.69% of the stock is currently owned by institutional investors and hedge funds.

VirTra Stock Down 0.3%

Shares of NASDAQ VTSI opened at $6.14 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 5.02 and a quick ratio of 3.46. VirTra, Inc. has a 1 year low of $3.57 and a 1 year high of $9.40. The company has a 50 day simple moving average of $5.10 and a 200 day simple moving average of $5.75. The firm has a market cap of $69.15 million, a PE ratio of 11.81 and a beta of 0.53.

VirTra (NASDAQ:VTSI) last announced its quarterly earnings data on Monday, May 12th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.01 by $0.10. The company had revenue of $7.16 million during the quarter, compared to the consensus estimate of $5.46 million. VirTra had a net margin of 18.24% and a return on equity of 13.01%. On average, research analysts forecast that VirTra, Inc. will post 0.34 EPS for the current year.

Wall Street Analysts Forecast Growth

VTSI has been the subject of several analyst reports. Wall Street Zen raised shares of VirTra from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 22nd. Lake Street Capital cut their price objective on shares of VirTra from $10.00 to $7.00 and set a “buy” rating for the company in a research report on Friday, March 28th.

VirTra 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.