Allspring Global Investments Holdings LLC Boosts Stock Position in Virtu Financial, Inc. $VIRT

Allspring Global Investments Holdings LLC increased its stake in Virtu Financial, Inc. (NYSE:VIRT) by 41.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,928,509 shares of the company’s stock after acquiring an additional 569,057 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Virtu Financial were worth $85,607,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in VIRT. Invesco Ltd. lifted its stake in Virtu Financial by 64.2% in the 3rd quarter. Invesco Ltd. now owns 2,370,400 shares of the company’s stock valued at $84,149,000 after buying an additional 926,376 shares in the last quarter. Millennium Management LLC boosted its stake in Virtu Financial by 290.3% during the 4th quarter. Millennium Management LLC now owns 1,132,346 shares of the company’s stock worth $37,730,000 after purchasing an additional 842,247 shares during the last quarter. Wellington Management Group LLP boosted its stake in Virtu Financial by 565.4% during the 4th quarter. Wellington Management Group LLP now owns 815,143 shares of the company’s stock worth $27,161,000 after purchasing an additional 692,643 shares during the last quarter. Algebris UK Ltd. purchased a new stake in shares of Virtu Financial during the fourth quarter worth $22,377,000. Finally, Freestone Grove Partners LP purchased a new stake in shares of Virtu Financial during the third quarter worth $19,102,000. 45.78% of the stock is currently owned by institutional investors and hedge funds.

Virtu Financial Trading Down 4.3%

Shares of NYSE:VIRT opened at $55.78 on Friday. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.92. The company’s 50 day moving average is $57.14 and its two-hundred day moving average is $46.98. The company has a market cap of $8.65 billion, a PE ratio of 9.23, a P/E/G ratio of 0.39 and a beta of 0.58. Virtu Financial, Inc. has a 52 week low of $31.55 and a 52 week high of $68.02.

Virtu Financial (NYSE:VIRT) last released its quarterly earnings data on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. The business had revenue of $718.00 million for the quarter. Virtu Financial had a return on equity of 51.63% and a net margin of 14.17%.Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. Equities analysts predict that Virtu Financial, Inc. will post 6.26 earnings per share for the current fiscal year.

Virtu Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Monday, June 1st. Virtu Financial’s payout ratio is currently 15.89%.

Insider Buying and Selling at Virtu Financial

In other news, COO Brett Fairclough sold 30,000 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $50.06, for a total value of $1,501,800.00. Following the completion of the transaction, the chief operating officer owned 42,473 shares in the company, valued at approximately $2,126,198.38. This represents a 41.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 46.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on VIRT. The Goldman Sachs Group raised their price target on shares of Virtu Financial from $51.00 to $63.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 30th. Zacks Research downgraded shares of Virtu Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Piper Sandler raised their target price on shares of Virtu Financial from $61.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday. Wall Street Zen raised Virtu Financial from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Virtu Financial in a report on Friday, May 29th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $55.17.

About Virtu Financial

Virtu Financial, Inc is a technology-driven electronic trading firm and market maker that provides liquidity and price discovery across a wide range of financial instruments. Leveraging advanced analytics, high-performance computing and proprietary algorithms, Virtu operates in equities, fixed income, foreign exchange, commodities and derivative products. Its technology platform is designed to capture bid-ask spreads in real time, manage risk through automated controls and adapt to changing market conditions.

The company offers a suite of execution services and market-making solutions to institutional clients such as asset managers, banks, broker-dealers and hedge funds.