Virtuix (NASDAQ:VTIX) CEO Sells $36,083.88 in Stock

Virtuix Holdings Inc. (NASDAQ:VTIX) CEO Jan Roger Goetgeluk sold 5,994 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $6.02, for a total transaction of $36,083.88. Following the transaction, the chief executive officer directly owned 4,494,006 shares of the company’s stock, valued at approximately $27,053,916.12. This trade represents a 0.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Jan Roger Goetgeluk also recently made the following trade(s):

• On Thursday, April 9th, Jan Roger Goetgeluk sold 7,889 shares of Virtuix stock. The stock was sold at an average price of $6.41, for a total transaction of $50,568.49.
• On Wednesday, April 8th, Jan Roger Goetgeluk sold 6,534 shares of Virtuix stock. The stock was sold at an average price of $6.20, for a total transaction of $40,510.80.
• On Tuesday, April 7th, Jan Roger Goetgeluk sold 4,278 shares of Virtuix stock. The stock was sold at an average price of $5.95, for a total transaction of $25,454.10.

Virtuix Price Performance

Shares of VTIX opened at $6.12 on Friday. The stock’s 50 day simple moving average is $6.49. Virtuix Holdings Inc. has a 1-year low of $4.39 and a 1-year high of $92.74.

Virtuix (NASDAQ:VTIX) last issued its quarterly earnings data on Thursday, March 5th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $0.96 million for the quarter.

Analysts Set New Price Targets

Separately, Wall Street Zen cut shares of Virtuix from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th.

Virtuix Company Profile

Virtuix (NASDAQ:VTIX) is a company that develops and commercializes hardware and software for immersive virtual reality (VR) locomotion and related experiences. Its core focus is on enabling natural movement inside virtual environments through purpose-built platforms and systems that pair motion-control hardware with software integrations for games, training and location-based entertainment.

The company is best known for its Omni family of omnidirectional locomotion platforms, which are designed to allow users to walk, run and maneuver in 360 degrees within a virtual space while remaining stationary in the real world.