VirTra, Inc. (NASDAQ:VTSI) Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its holdings in VirTra, Inc. (NASDAQ:VTSI) by 19.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,278 shares of the company’s stock after acquiring an additional 4,184 shares during the period. Bank of New York Mellon Corp owned approximately 0.22% of VirTra worth $103,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Wells Fargo & Company MN lifted its position in 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. NewEdge Advisors LLC acquired a new position in shares of VirTra during the fourth quarter worth $98,000. Barclays PLC boosted its stake in shares of VirTra by 15.0% in the fourth quarter. Barclays PLC now owns 17,275 shares of the company’s stock valued at $117,000 after purchasing an additional 2,247 shares during the period. Raymond James Financial Inc. acquired a new stake in VirTra during the 4th quarter valued at $121,000. Finally, Resona Asset Management Co. Ltd. acquired a new stake in VirTra during the 4th quarter valued at $312,000. Institutional investors and hedge funds own 14.69% of the company’s stock.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of VirTra from a “buy” rating to a “hold” rating in a report on Saturday, August 2nd.

VirTra Trading Down 0.3%

Shares of VTSI opened at $7.20 on Thursday. VirTra, Inc. has a one year low of $3.57 and a one year high of $8.53. The stock has a 50-day moving average price of $6.43 and a 200 day moving average price of $5.67. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.03 and a current ratio of 4.54. The company has a market capitalization of $81.09 million, a P/E ratio of 37.90 and a beta of 0.53.

VirTra (NASDAQ:VTSI) last released its quarterly earnings results on Monday, May 12th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.10. The business had revenue of $7.16 million during the quarter, compared to the consensus estimate of $5.46 million. VirTra had a net margin of 8.22% and a return on equity of 4.66%. Sell-side analysts forecast that VirTra, Inc. will post 0.34 EPS for the current fiscal year.

About VirTra

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.