Virtuix (NASDAQ:VTIX) CEO Sells $50,568.49 in Stock

Virtuix Holdings Inc. (NASDAQ:VTIX) CEO Jan Roger Goetgeluk sold 7,889 shares of Virtuix stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $6.41, for a total transaction of $50,568.49. Following the completion of the transaction, the chief executive officer directly owned 4,475,305 shares in the company, valued at approximately $28,686,705.05. The trade was a 0.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Jan Roger Goetgeluk also recently made the following trade(s):

• On Wednesday, April 8th, Jan Roger Goetgeluk sold 6,534 shares of Virtuix stock. The stock was sold at an average price of $6.20, for a total transaction of $40,510.80.
• On Tuesday, April 7th, Jan Roger Goetgeluk sold 4,278 shares of Virtuix stock. The stock was sold at an average price of $5.95, for a total transaction of $25,454.10.
• On Monday, April 6th, Jan Roger Goetgeluk sold 5,994 shares of Virtuix stock. The stock was sold at an average price of $6.02, for a total transaction of $36,083.88.

Virtuix Stock Performance

NASDAQ:VTIX opened at $6.12 on Monday. Virtuix Holdings Inc. has a twelve month low of $4.39 and a twelve month high of $92.74. The stock’s 50 day moving average is $6.49.

Virtuix (NASDAQ:VTIX) last released its earnings results on Thursday, March 5th. The company reported ($0.09) earnings per share for the quarter. The business had revenue of $0.96 million for the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded shares of Virtuix from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th.

Virtuix Company Profile

Virtuix (NASDAQ:VTIX) is a company that develops and commercializes hardware and software for immersive virtual reality (VR) locomotion and related experiences. Its core focus is on enabling natural movement inside virtual environments through purpose-built platforms and systems that pair motion-control hardware with software integrations for games, training and location-based entertainment.

The company is best known for its Omni family of omnidirectional locomotion platforms, which are designed to allow users to walk, run and maneuver in 360 degrees within a virtual space while remaining stationary in the real world.