V2X, Inc. (NYSE:VVX) Shares Bought by Sei Investments Co.

Sei Investments Co. raised its position in V2X, Inc. (NYSE:VVX - Free Report) by 243.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 73,653 shares of the company's stock after purchasing an additional 52,197 shares during the quarter. Sei Investments Co. owned 0.23% of V2X worth $3,532,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its holdings in shares of V2X by 74.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 366,282 shares of the company's stock worth $17,010,000 after buying an additional 156,866 shares during the period. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of V2X during the first quarter valued at $411,000. Allspring Global Investments Holdings LLC grew its holdings in shares of V2X by 9.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 8,998 shares of the company's stock worth $420,000 after purchasing an additional 759 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in V2X by 2.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 10,164 shares of the company's stock worth $475,000 after buying an additional 287 shares during the period. Finally, Edmond DE Rothschild Holding S.A. purchased a new position in V2X in the 1st quarter worth about $142,000. Institutional investors own 95.18% of the company's stock.

Insider Activity

In related news, Director Eric M. Pillmore acquired 3,125 shares of the company's stock in a transaction that occurred on Friday, September 6th. The shares were bought at an average price of $48.00 per share, with a total value of $150,000.00. Following the completion of the transaction, the director now directly owns 41,516 shares in the company, valued at $1,992,768. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Eric M. Pillmore purchased 3,125 shares of the business's stock in a transaction on Friday, September 6th. The shares were acquired at an average cost of $48.00 per share, with a total value of $150,000.00. Following the completion of the acquisition, the director now owns 41,516 shares of the company's stock, valued at $1,992,768. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO William Boyd Noon acquired 1,000 shares of the firm's stock in a transaction dated Friday, September 6th. The shares were acquired at an average price of $48.00 per share, with a total value of $48,000.00. Following the acquisition, the chief accounting officer now owns 10,931 shares in the company, valued at approximately $524,688. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 11,936 shares of company stock worth $572,928. 1.10% of the stock is currently owned by company insiders.

V2X Stock Up 1.2 %

Shares of VVX stock traded up $0.66 on Thursday, hitting $57.75. The stock had a trading volume of 141,307 shares, compared to its average volume of 100,773. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.15. V2X, Inc. has a one year low of $37.04 and a one year high of $58.25. The business has a 50 day moving average price of $51.72 and a 200 day moving average price of $48.99. The company has a market cap of $1.80 billion, a PE ratio of -439.15 and a beta of 0.60.

V2X (NYSE:VVX - Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.84 by ($0.01). The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.02 billion. V2X had a negative net margin of 0.30% and a positive return on equity of 11.69%. V2X's revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.01 earnings per share. Research analysts anticipate that V2X, Inc. will post 4.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Royal Bank of Canada restated an "outperform" rating and issued a $55.00 target price on shares of V2X in a research note on Wednesday, August 7th.

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.