Squarepoint Ops LLC Trims Position in V2X, Inc. $VVX

Squarepoint Ops LLC lowered its holdings in V2X, Inc. (NYSE:VVX) by 22.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,988 shares of the company’s stock after selling 19,353 shares during the period. Squarepoint Ops LLC’s holdings in V2X were worth $3,252,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC acquired a new stake in V2X in the 2nd quarter worth about $25,000. New York State Teachers Retirement System purchased a new position in shares of V2X during the 2nd quarter worth about $73,000. Ameritas Investment Partners Inc. boosted its position in shares of V2X by 18.6% in the second quarter. Ameritas Investment Partners Inc. now owns 1,757 shares of the company’s stock worth $85,000 after acquiring an additional 275 shares during the last quarter. AlphaQuest LLC grew its holdings in V2X by 545.1% in the second quarter. AlphaQuest LLC now owns 2,187 shares of the company’s stock valued at $106,000 after purchasing an additional 1,848 shares during the period. Finally, Tower Research Capital LLC TRC increased its position in V2X by 336.0% during the second quarter. Tower Research Capital LLC TRC now owns 2,590 shares of the company’s stock worth $126,000 after purchasing an additional 1,996 shares during the last quarter. 95.18% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Dino M. Cusumano sold 2,250,000 shares of V2X stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the sale, the director owned 5,750,001 shares of the company’s stock, valued at $316,250,055. The trade was a 28.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder American Industrial Partners C sold 2,250,000 shares of the company’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $55.00, for a total transaction of $123,750,000.00. Following the completion of the transaction, the insider directly owned 5,750,001 shares of the company’s stock, valued at approximately $316,250,055. The trade was a 28.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 5,700,000 shares of company stock worth $313,560,000. Corporate insiders own 0.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on VVX shares. Weiss Ratings reiterated a “hold (c)” rating on shares of V2X in a report on Monday. Citigroup initiated coverage on V2X in a report on Thursday, December 11th. They issued a “neutral” rating and a $62.00 target price on the stock. Zacks Research upgraded V2X from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Wall Street Zen raised V2X from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 30th. Finally, Royal Bank Of Canada increased their target price on shares of V2X from $54.00 to $60.00 and gave the stock a “sector perform” rating in a research report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, V2X has an average rating of “Hold” and a consensus target price of $63.11.

V2X Price Performance

Shares of NYSE VVX opened at $55.43 on Wednesday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.20 and a quick ratio of 1.20. V2X, Inc. has a 1-year low of $41.08 and a 1-year high of $63.74. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 22.17, a PEG ratio of 0.56 and a beta of 0.12. The business has a 50-day moving average of $56.21 and a 200-day moving average of $53.46.

V2X (NYSE:VVX) last released its quarterly earnings results on Monday, November 3rd. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.23 by $0.14. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.13 billion. V2X had a return on equity of 15.22% and a net margin of 1.81%.V2X’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.29 EPS. V2X has set its FY 2025 guidance at 4.650-4.950 EPS. On average, equities analysts anticipate that V2X, Inc. will post 4.16 EPS for the current fiscal year.

V2X Company 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.