V2X, Inc. $VVX Stake Increased by Swiss National Bank

Swiss National Bank lifted its holdings in V2X, Inc. (NYSE:VVX) by 21.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,600 shares of the company’s stock after buying an additional 5,900 shares during the period. Swiss National Bank owned about 0.11% of V2X worth $1,648,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in V2X by 2.8% in the 1st quarter. Vanguard Group Inc. now owns 923,334 shares of the company’s stock worth $45,290,000 after acquiring an additional 25,222 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of V2X by 12.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 878,820 shares of the company’s stock valued at $42,035,000 after purchasing an additional 97,399 shares during the period. Simcoe Capital Management LLC lifted its position in shares of V2X by 252.8% in the fourth quarter. Simcoe Capital Management LLC now owns 732,940 shares of the company’s stock worth $35,057,000 after purchasing an additional 525,204 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in shares of V2X by 61.1% during the first quarter. Victory Capital Management Inc. now owns 469,724 shares of the company’s stock worth $23,040,000 after purchasing an additional 178,136 shares during the period. Finally, Zimmer Partners LP boosted its holdings in shares of V2X by 48.5% during the fourth quarter. Zimmer Partners LP now owns 389,609 shares of the company’s stock worth $18,635,000 after purchasing an additional 127,189 shares during the period. 95.18% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VVX has been the topic of several research reports. Bank of America upgraded shares of V2X from a “neutral” rating to a “buy” rating and upped their price objective for the company from $55.00 to $65.00 in a research note on Wednesday, August 13th. Stifel Nicolaus set a $63.00 price target on shares of V2X and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Wall Street Zen upgraded V2X from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Finally, The Goldman Sachs Group lifted their price objective on V2X from $45.00 to $50.00 and gave the company a “sell” rating in a research report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, V2X has a consensus rating of “Moderate Buy” and a consensus target price of $63.36.

Insider Buying and Selling at V2X

In related news, Director Dino M. Cusumano sold 2,000,000 shares of V2X stock in a transaction on Monday, August 11th. The shares were sold at an average price of $50.00, for a total value of $100,000,000.00. Following the transaction, the director owned 9,700,001 shares in the company, valued at $485,000,050. This trade represents a 17.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Richard L. Jr. Caputo sold 4,000 shares of the company’s stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $44.43, for a total transaction of $177,720.00. Following the sale, the senior vice president owned 15,869 shares of the company’s stock, valued at $705,059.67. This trade represents a 20.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.88% of the company’s stock.

V2X Price Performance

Shares of NYSE:VVX opened at $58.9360 on Monday. The stock has a market capitalization of $1.87 billion, a P/E ratio of 26.79, a P/E/G ratio of 0.60 and a beta of 0.27. The business has a 50-day moving average of $50.34 and a two-hundred day moving average of $48.67. V2X, Inc. has a fifty-two week low of $41.08 and a fifty-two week high of $69.75. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.20 and a quick ratio of 1.20.

V2X (NYSE:VVX) last posted its earnings results on Monday, August 4th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.33. V2X had a return on equity of 15.28% and a net margin of 1.63%.The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the company earned $0.83 EPS. The company’s revenue for the quarter was up .6% on a year-over-year basis. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. On average, equities research analysts predict that V2X, Inc. will post 4.16 EPS for the current fiscal year.

V2X Profile

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.