Aip LLC trimmed its holdings in shares of V2X, Inc. (NYSE:VVX – Free Report) by 30.4% in the third quarter, Holdings Channel reports. The firm owned 8,467,286 shares of the company’s stock after selling 3,700,000 shares during the period. V2X makes up 84.5% of Aip LLC’s portfolio, making the stock its biggest position. Aip LLC owned 0.27% of V2X worth $491,865,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently added to or reduced their stakes in VVX. LRI Investments LLC acquired a new position in shares of V2X during the third quarter worth about $57,000. CWM LLC boosted its holdings in V2X by 188.9% in the 3rd quarter. CWM LLC now owns 1,037 shares of the company’s stock worth $60,000 after acquiring an additional 678 shares during the period. Osaic Holdings Inc. raised its stake in shares of V2X by 140.0% during the second quarter. Osaic Holdings Inc. now owns 1,068 shares of the company’s stock valued at $52,000 after purchasing an additional 623 shares during the period. Ameritas Investment Partners Inc. raised its stake in shares of V2X by 18.6% during the second quarter. Ameritas Investment Partners Inc. now owns 1,757 shares of the company’s stock valued at $85,000 after purchasing an additional 275 shares during the period. Finally, State of Alaska Department of Revenue bought a new position in V2X during the 3rd quarter worth approximately $105,000. 95.18% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other news, major shareholder American Industrial Partners C sold 1,200,000 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $55.05, for a total value of $66,060,000.00. Following the completion of the transaction, the insider owned 4,550,001 shares of the company’s stock, valued at approximately $250,477,555.05. This represents a 20.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 1.10% of the company’s stock.
V2X Stock Performance
V2X (NYSE:VVX – Get Free Report) last issued its quarterly earnings data on Monday, February 23rd. The company reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.23. V2X had a return on equity of 15.64% and a net margin of 1.74%.The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the company posted $1.33 EPS. The business’s revenue for the quarter was up 5.3% compared to the same quarter last year. V2X has set its FY 2026 guidance at 5.500-5.900 EPS. On average, analysts predict that V2X, Inc. will post 4.16 earnings per share for the current year.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. Robert W. Baird set a $94.00 price target on V2X in a report on Tuesday, February 24th. Royal Bank Of Canada lifted their price objective on shares of V2X from $60.00 to $70.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 24th. Morgan Stanley increased their target price on shares of V2X from $61.00 to $66.00 and gave the stock an “underweight” rating in a report on Wednesday, February 25th. Weiss Ratings restated a “hold (c+)” rating on shares of V2X in a research report on Monday, December 29th. Finally, The Goldman Sachs Group lifted their price target on shares of V2X from $57.00 to $63.00 and gave the company a “sell” rating in a report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $72.22.
View Our Latest Stock Analysis on VVX
About V2X
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.
Recommended Stories
- Five stocks we like better than V2X
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- What a Former CIA Agent Knows About the Coming Collapse
- Unlocked: Elon Musk’s Next Big IPO
- Elon Musk already made me a “wealthy man”
Want to see what other hedge funds are holding VVX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for V2X, Inc. (NYSE:VVX – Free Report).
Receive News & Ratings for V2X Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for V2X and related companies with MarketBeat.com's FREE daily email newsletter.
