Assenagon Asset Management S.A. Has $2.58 Million Holdings in V2X, Inc. $VVX

Assenagon Asset Management S.A. lessened its holdings in V2X, Inc. (NYSE:VVX) by 23.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 44,481 shares of the company’s stock after selling 13,586 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.14% of V2X worth $2,584,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of VVX. Ameritas Advisory Services LLC acquired a new position in V2X in the second quarter valued at approximately $25,000. Osaic Holdings Inc. raised its position in shares of V2X by 140.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after acquiring an additional 623 shares during the last quarter. New York State Teachers Retirement System acquired a new position in shares of V2X in the 2nd quarter valued at $73,000. Ameritas Investment Partners Inc. boosted its position in shares of V2X by 18.6% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,757 shares of the company’s stock worth $85,000 after purchasing an additional 275 shares during the last quarter. Finally, AlphaQuest LLC boosted its position in shares of V2X by 545.1% in the 2nd quarter. AlphaQuest LLC now owns 2,187 shares of the company’s stock worth $106,000 after purchasing an additional 1,848 shares during the last quarter. Institutional investors and hedge funds own 95.18% of the company’s stock.

V2X Stock Down 0.2%

V2X stock opened at $55.40 on Wednesday. The company has a 50 day moving average of $55.86 and a 200-day moving average of $53.81. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.01. V2X, Inc. has a twelve month low of $41.08 and a twelve month high of $63.74. The stock has a market capitalization of $1.75 billion, a PE ratio of 22.16, a price-to-earnings-growth ratio of 0.56 and a beta of 0.12.

V2X (NYSE:VVX) last posted its quarterly earnings data on Monday, November 3rd. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.23 by $0.14. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.13 billion. V2X had a net margin of 1.81% and a return on equity of 15.22%. The firm’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.29 EPS. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. On average, equities research analysts anticipate that V2X, Inc. will post 4.16 EPS for the current fiscal year.

Insider Transactions at V2X

In other news, major shareholder American Industrial Partners C sold 1,200,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $55.05, for a total transaction of $66,060,000.00. Following the completion of the transaction, the insider directly owned 4,550,001 shares of the company’s stock, valued at $250,477,555.05. This represents a 20.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dino M. Cusumano sold 2,250,000 shares of V2X stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $55.00, for a total value of $123,750,000.00. Following the completion of the sale, the director directly owned 5,750,001 shares in the company, valued at approximately $316,250,055. This represents a 28.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 5,700,000 shares of company stock worth $313,560,000. Corporate insiders own 0.88% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on VVX shares. Zacks Research raised V2X from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Citigroup initiated coverage on V2X in a research note on Thursday, December 11th. They issued a “neutral” rating and a $62.00 price target for the company. Royal Bank Of Canada increased their price target on shares of V2X from $54.00 to $60.00 and gave the company a “sector perform” rating in a research report on Tuesday, November 4th. Morgan Stanley restated an “underweight” rating and set a $61.00 price objective on shares of V2X in a report on Tuesday, December 16th. Finally, Wall Street Zen raised shares of V2X from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 30th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $63.11.

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.