Insider Selling: Virtuix (NASDAQ:VTIX) CEO Sells $57,243.22 in Stock

Virtuix Holdings Inc. (NASDAQ:VTIX) CEO Jan Roger Goetgeluk sold 9,323 shares of Virtuix stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $6.14, for a total value of $57,243.22. Following the completion of the transaction, the chief executive officer owned 4,447,242 shares of the company’s stock, valued at approximately $27,306,065.88. The trade was a 0.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Wednesday, April 15th, Jan Roger Goetgeluk sold 8,185 shares of Virtuix stock. The shares were sold at an average price of $6.40, for a total value of $52,384.00.
• On Tuesday, April 14th, Jan Roger Goetgeluk sold 6,713 shares of Virtuix stock. The shares were sold at an average price of $6.43, for a total value of $43,164.59.
• On Monday, April 13th, Jan Roger Goetgeluk sold 3,842 shares of Virtuix stock. The shares were sold at an average price of $6.17, for a total value of $23,705.14.
• On Thursday, April 9th, Jan Roger Goetgeluk sold 7,889 shares of Virtuix stock. The shares were sold at an average price of $6.41, for a total value of $50,568.49.
• On Wednesday, April 8th, Jan Roger Goetgeluk sold 6,534 shares of Virtuix stock. The shares were sold at an average price of $6.20, for a total value of $40,510.80.
• On Tuesday, April 7th, Jan Roger Goetgeluk sold 4,278 shares of Virtuix stock. The shares were sold at an average price of $5.95, for a total value of $25,454.10.
• On Monday, April 6th, Jan Roger Goetgeluk sold 5,994 shares of Virtuix stock. The shares were sold at an average price of $6.02, for a total value of $36,083.88.

Virtuix Price Performance

Shares of VTIX opened at $6.17 on Monday. The company has a fifty day simple moving average of $6.52. Virtuix Holdings Inc. has a 52-week low of $4.39 and a 52-week high of $92.74.

Virtuix (NASDAQ:VTIX) last issued its quarterly earnings data on Friday, March 6th. The company reported ($0.09) earnings per share (EPS) for the quarter. The business had revenue of $0.96 million during the quarter.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on VTIX. Wall Street Zen downgraded Virtuix from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Zacks Research upgraded Virtuix to a “hold” rating in a research report on Tuesday, April 14th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Virtuix presently has an average rating of “Hold”.

About Virtuix

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.