Virtusa Corp President Sells $119,350 in Stock (VRTU)
Virtusa Corp (NASDAQ:VRTU) President Raj Rajgopal sold 3,500 shares of the stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $34.10, for a total value of $119,350.00. Following the completion of the sale, the president now directly owns 97,334 shares of the company’s stock, valued at approximately $3,319,089. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Virtusa Corp (NASDAQ:VRTU) traded up 0.25% on Thursday, hitting $35.40. 93,061 shares of the company’s stock traded hands. Virtusa Corp has a 52-week low of $20.04 and a 52-week high of $38.49. The stock has a 50-day moving average of $35.70 and a 200-day moving average of $31.3. The company has a market cap of $908.1 million and a P/E ratio of 27.85.
Virtusa Corp (NASDAQ:VRTU) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.35 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.35. The company had revenue of $101.00 million for the quarter, compared to the consensus estimate of $101.15 million. During the same quarter last year, the company posted $0.29 earnings per share. On average, analysts predict that Virtusa Corp will post $1.29 earnings per share for the current fiscal year.
Virtusa Corporation is an information technology services company. The Company uses an offshore delivery model to provide a broad range of information technology (NASDAQ:VRTU), services, including IT consulting, technology implementation and application outsourcing.
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