AlphaQuest LLC Acquires 1,848 Shares of V2X, Inc. $VVX

AlphaQuest LLC lifted its holdings in V2X, Inc. (NYSE:VVX) by 545.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,187 shares of the company’s stock after buying an additional 1,848 shares during the period. AlphaQuest LLC’s holdings in V2X were worth $106,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Teacher Retirement System of Texas bought a new stake in shares of V2X in the 1st quarter worth about $1,392,000. Charles Schwab Investment Management Inc. boosted its stake in shares of V2X by 21.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 172,685 shares of the company’s stock worth $8,470,000 after purchasing an additional 30,800 shares during the period. Cornerstone Select Advisors LLC purchased a new position in shares of V2X during the 1st quarter worth about $228,000. Allspring Global Investments Holdings LLC boosted its stake in shares of V2X by 53.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 19,069 shares of the company’s stock worth $930,000 after purchasing an additional 6,629 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of V2X by 2.8% during the 1st quarter. Vanguard Group Inc. now owns 923,334 shares of the company’s stock worth $45,290,000 after purchasing an additional 25,222 shares during the period. 95.18% of the stock is currently owned by institutional investors.

V2X Price Performance

V2X stock opened at $57.10 on Wednesday. The firm has a 50-day moving average of $57.34 and a two-hundred day moving average of $52.15. V2X, Inc. has a 1 year low of $41.08 and a 1 year high of $69.75. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of 25.95, a price-to-earnings-growth ratio of 0.59 and a beta of 0.26. 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 announced its quarterly earnings results on Monday, November 3rd. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.14. V2X had a net margin of 1.63% and a return on equity of 15.28%. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the prior year, the company earned $1.29 EPS. The company’s revenue was up 7.9% compared to the same quarter last year. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. On average, research analysts forecast that V2X, Inc. will post 4.16 earnings per share for the current year.

Wall Street Analyst Weigh In

VVX has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of V2X in a research note on Wednesday, October 8th. Wall Street Zen raised shares of V2X from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 30th. Royal Bank Of Canada boosted their price objective on shares of V2X from $54.00 to $60.00 and gave the company a “sector perform” rating in a research report on Tuesday. The Goldman Sachs Group boosted their price objective on shares of V2X from $45.00 to $50.00 and gave the company a “sell” rating in a research report on Wednesday, August 13th. Finally, Bank of America raised shares of V2X from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $55.00 to $65.00 in a research report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $63.40.

Insider Activity at V2X

In other news, Director Dino M. Cusumano sold 1,700,000 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $52.20, for a total value of $88,740,000.00. Following the completion of the sale, the director owned 8,000,001 shares of the company’s stock, valued at approximately $417,600,052.20. This represents a 17.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder American Industrial Partners C sold 1,700,000 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $52.20, for a total transaction of $88,740,000.00. Following the completion of the sale, the insider directly owned 8,000,001 shares of the company’s stock, valued at $417,600,052.20. The trade was a 17.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 5,400,000 shares of company stock valued at $277,480,000 in the last ninety days. Corporate insiders own 0.88% of the company’s stock.

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.