Assenagon Asset Management S.A. Sells 29,203 Shares of V2X, Inc. $VVX

Assenagon Asset Management S.A. lessened its stake in V2X, Inc. (NYSE:VVX) by 65.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,278 shares of the company’s stock after selling 29,203 shares during the quarter. Assenagon Asset Management S.A.’s holdings in V2X were worth $833,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in V2X by 46.6% in the 1st quarter. Royal Bank of Canada now owns 5,813 shares of the company’s stock worth $284,000 after acquiring an additional 1,847 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in V2X by 22.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,867 shares of the company’s stock valued at $484,000 after purchasing an additional 1,826 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in V2X by 10.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 49,544 shares of the company’s stock valued at $2,430,000 after purchasing an additional 4,747 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of V2X in the 1st quarter worth $329,000. Finally, Legal & General Group Plc increased its holdings in shares of V2X by 46.5% in the 2nd quarter. Legal & General Group Plc now owns 35,959 shares of the company’s stock worth $1,746,000 after purchasing an additional 11,417 shares in the last quarter. Institutional investors own 95.18% of the company’s stock.

V2X Stock Up 2.2%

VVX opened at $68.39 on Wednesday. The firm’s 50 day simple moving average is $68.60 and its two-hundred day simple moving average is $61.25. The company has a market capitalization of $2.14 billion, a PE ratio of 28.03, a PEG ratio of 0.57 and a beta of 0.12. V2X, Inc. has a 1-year low of $42.09 and a 1-year high of $75.00. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.00.

V2X (NYSE:VVX) last issued its quarterly earnings data on Monday, February 23rd. The company reported $1.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.23. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.21 billion. V2X had a net margin of 1.74% and a return on equity of 15.64%. The company’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.33 EPS. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. As a group, equities analysts forecast that V2X, Inc. will post 4.16 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Royal Bank Of Canada upped their price target on V2X from $60.00 to $70.00 and gave the company a “sector perform” rating in a report on Tuesday, February 24th. Citigroup lifted their price objective on V2X from $62.00 to $69.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Weiss Ratings upgraded shares of V2X from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Truist Financial reissued a “hold” rating and set a $68.00 price objective (up from $65.00) on shares of V2X in a report on Tuesday, February 24th. Finally, BTIG Research raised their target price on shares of V2X from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $72.22.

Insider Transactions at V2X

In related news, major shareholder American Industrial Partners C sold 2,545,432 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $68.21, for a total value of $173,623,916.72. Following the completion of the sale, the insider directly owned 2,004,569 shares of the company’s stock, valued at approximately $136,731,651.49. This represents a 55.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.99% 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.