Virtuix (NASDAQ:VTIX) CEO Sells $283,158.50 in Stock

Virtuix Holdings Inc. (NASDAQ:VTIX) CEO Jan Roger Goetgeluk sold 61,825 shares of Virtuix stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $4.58, for a total transaction of $283,158.50. Following the transaction, the chief executive officer owned 4,198,742 shares in the company, valued at approximately $19,230,238.36. The trade was a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

• On Wednesday, April 22nd, Jan Roger Goetgeluk sold 49,122 shares of Virtuix stock. The shares were sold at an average price of $5.96, for a total transaction of $292,767.12.
• On Tuesday, April 21st, Jan Roger Goetgeluk sold 112,563 shares of Virtuix stock. The shares were sold at an average price of $6.96, for a total transaction of $783,438.48.
• On Monday, April 20th, Jan Roger Goetgeluk sold 24,990 shares of Virtuix stock. The shares were sold at an average price of $6.62, for a total transaction of $165,433.80.
• On Thursday, April 16th, Jan Roger Goetgeluk sold 9,323 shares of Virtuix stock. The shares were sold at an average price of $6.14, for a total transaction of $57,243.22.
• 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $25,454.10.

Virtuix Stock Performance

Virtuix stock opened at $4.03 on Monday. The firm’s fifty day moving average is $6.54. Virtuix Holdings Inc. has a 12 month low of $3.80 and a 12 month high of $92.74.

Virtuix (NASDAQ:VTIX) last posted its quarterly earnings results on Friday, March 6th. The company reported ($0.09) EPS for the quarter. The firm had revenue of $0.96 million for the quarter.

Analysts Set New Price Targets

VTIX has been the topic of several research analyst reports. Zacks Research upgraded shares of Virtuix to a “hold” rating in a report on Tuesday, April 14th. Wall Street Zen downgraded shares of Virtuix from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Finally, Weiss Ratings began coverage on shares of Virtuix in a research report on Monday, April 20th. They set a “sell (e-)” rating on the stock. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce”.

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.