5,360 Shares in V2X, Inc. (NYSE:VVX) Purchased by Olympiad Research LP

Olympiad Research LP acquired a new position in shares of V2X, Inc. (NYSE:VVX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,360 shares of the company’s stock, valued at approximately $299,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its holdings in V2X by 15.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 661,845 shares of the company’s stock worth $31,741,000 after purchasing an additional 87,741 shares in the last quarter. Vanguard Group Inc. lifted its holdings in V2X by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 588,232 shares of the company’s stock worth $27,476,000 after purchasing an additional 5,259 shares in the last quarter. Systematic Financial Management LP lifted its holdings in V2X by 152.7% during the 2nd quarter. Systematic Financial Management LP now owns 279,486 shares of the company’s stock worth $13,404,000 after purchasing an additional 168,886 shares in the last quarter. First Eagle Investment Management LLC lifted its holdings in V2X by 1.1% during the 2nd quarter. First Eagle Investment Management LLC now owns 181,833 shares of the company’s stock worth $8,721,000 after purchasing an additional 2,067 shares in the last quarter. Finally, Peregrine Capital Management LLC purchased a new stake in shares of V2X in the 2nd quarter valued at about $6,982,000. Hedge funds and other institutional investors own 95.18% of the company’s stock.

Analyst Upgrades and Downgrades

VVX has been the topic of several recent analyst reports. Baird R W raised V2X to a “strong-buy” rating in a report on Friday, October 11th. JMP Securities raised their price target on V2X from $65.00 to $80.00 and gave the company a “market outperform” rating in a report on Tuesday. Raymond James raised their price target on V2X from $60.00 to $72.00 and gave the company a “strong-buy” rating in a report on Tuesday. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $70.00 price target on shares of V2X in a report on Tuesday. Finally, Robert W. Baird assumed coverage on V2X in a report on Friday, October 11th. They issued an “outperform” rating and a $75.00 price target on the stock. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $70.60.

Insider Buying and Selling

In related news, Director Eric M. Pillmore purchased 3,125 shares of V2X stock in a transaction that occurred on Friday, September 6th. The shares were acquired at an average cost of $48.00 per share, for a total transaction of $150,000.00. Following the transaction, the director now directly owns 41,516 shares in the company, valued at $1,992,768. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Eric M. Pillmore purchased 3,125 shares of V2X stock in a transaction that occurred on Friday, September 6th. The shares were acquired at an average cost of $48.00 per share, for a total transaction of $150,000.00. Following the transaction, the director now directly owns 41,516 shares in the company, valued at $1,992,768. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO William Boyd Noon acquired 1,000 shares of the business’s stock in a transaction dated Friday, September 6th. The stock was acquired at an average price of $48.00 per share, for a total transaction of $48,000.00. Following the completion of the transaction, the chief accounting officer now owns 10,931 shares in the company, valued at approximately $524,688. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 11,936 shares of company stock worth $572,928 in the last ninety days. 1.10% of the stock is owned by insiders.

V2X Stock Performance

Shares of NYSE VVX opened at $66.65 on Friday. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 238.03 and a beta of 0.57. The company has a current ratio of 1.08, a quick ratio of 1.10 and a debt-to-equity ratio of 1.09. V2X, Inc. has a 1-year low of $37.04 and a 1-year high of $69.27. The stock’s 50-day moving average is $57.88 and its 200 day moving average is $52.01.

V2X (NYSE:VVX) last posted its quarterly earnings results on Monday, November 4th. The company reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.22. V2X had a return on equity of 13.49% and a net margin of 0.22%. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the company earned $0.73 EPS. V2X’s revenue for the quarter was up 8.0% compared to the same quarter last year. On average, sell-side analysts anticipate that V2X, Inc. will post 4.14 EPS for the current fiscal year.

V2X Profile

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.