VirnetX Holding Co. (NYSE:VHC) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a report issued on Wednesday.

VirnetX Holding (NYSE VHC) traded down 4.88% during mid-day trading on Wednesday, hitting $3.90. 386,488 shares of the stock were exchanged. The stock’s market cap is $226.76 million. The company has a 50 day moving average price of $4.62 and a 200 day moving average price of $3.10. VirnetX Holding has a 52 week low of $1.70 and a 52 week high of $5.40.

ILLEGAL ACTIVITY WARNING: “ValuEngine Downgrades VirnetX Holding Co. (VHC) to Sell” was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The original version of this piece of content can be read at https://www.americanbankingnews.com/2017/07/19/valuengine-downgrades-virnetx-holding-co-vhc-to-sell.html.

A number of large investors have recently made changes to their positions in the company. Schwab Charles Investment Management Inc. boosted its stake in shares of VirnetX Holding by 1.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 140,035 shares of the technology company’s stock worth $561,000 after buying an additional 2,100 shares during the last quarter. GSA Capital Partners LLP acquired a new position in shares of VirnetX Holding during the second quarter worth approximately $104,000. California Public Employees Retirement System raised its position in shares of VirnetX Holding by 144.4% in the second quarter. California Public Employees Retirement System now owns 117,800 shares of the technology company’s stock worth $471,000 after buying an additional 69,600 shares during the period. SG Americas Securities LLC acquired a new position in shares of VirnetX Holding during the second quarter worth approximately $124,000. Finally, Societe Generale acquired a new position in shares of VirnetX Holding during the second quarter worth approximately $124,000.

VirnetX Holding Company Profile

VirnetX Holding Corporation is an Internet security software and technology Company with a technology for secure communications, including fourth-generation (4G) long term evolution (LTE) security. The Company’s software and technology solutions, including its secure domain name registry and GABRIEL Connection Technology, facilitate secure communications and provide the security platform required by Internet-based applications, such as instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, remote desktop and machine-to-machine (M2M) communications.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for VirnetX Holding Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VirnetX Holding Co. and related companies with MarketBeat.com's FREE daily email newsletter.