23,836 Shares in Virtu Financial, Inc. $VIRT Purchased by Redwood Investment Management LLC

Redwood Investment Management LLC bought a new position in shares of Virtu Financial, Inc. (NYSE:VIRT) during the first quarter, HoldingsChannel reports. The firm bought 23,836 shares of the company’s stock, valued at approximately $1,048,000.

Other large investors have also recently added to or reduced their stakes in the company. Transamerica Financial Advisors LLC lifted its position in shares of Virtu Financial by 480.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 836 shares of the company’s stock worth $28,000 after acquiring an additional 692 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Virtu Financial by 103.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 760 shares of the company’s stock worth $34,000 after purchasing an additional 387 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in shares of Virtu Financial by 51.9% during the third quarter. CIBC Private Wealth Group LLC now owns 972 shares of the company’s stock valued at $35,000 after purchasing an additional 332 shares during the period. Quarry LP bought a new stake in shares of Virtu Financial during the third quarter valued at approximately $35,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Virtu Financial in the fourth quarter valued at $37,000. Institutional investors and hedge funds own 45.78% of the company’s stock.

Virtu Financial Price Performance

Shares of VIRT stock opened at $58.72 on Tuesday. The stock’s fifty day simple moving average is $58.30 and its 200 day simple moving average is $49.03. Virtu Financial, Inc. has a one year low of $31.55 and a one year high of $68.02. The firm has a market cap of $9.11 billion, a price-to-earnings ratio of 9.75, a P/E/G ratio of 0.39 and a beta of 0.60. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.11 and a quick ratio of 0.45.

Virtu Financial (NYSE:VIRT) last released its quarterly earnings data on Tuesday, July 14th. The company reported $1.82 earnings per share (EPS) for the quarter. The firm had revenue of $984.69 million during the quarter. Virtu Financial had a return on equity of 49.06% and a net margin of 13.50%.Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. On average, analysts expect that Virtu Financial, Inc. will post 6.33 earnings per share for the current fiscal year.

Virtu Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.24 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.6%. Virtu Financial’s dividend payout ratio (DPR) is 15.95%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on VIRT. Zacks Research cut Virtu Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. boosted their price target on shares of Virtu Financial from $51.00 to $59.00 and gave the company a “neutral” rating in a report on Tuesday, July 28th. Morgan Stanley increased their price objective on shares of Virtu Financial from $39.00 to $57.00 and gave the company an “underweight” rating in a research note on Friday, July 10th. The Goldman Sachs Group raised their price objective on shares of Virtu Financial from $51.00 to $63.00 and gave the stock a “neutral” rating in a report on Tuesday, June 30th. Finally, Piper Sandler lifted their target price on shares of Virtu Financial from $61.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Virtu Financial currently has a consensus rating of “Hold” and an average target price of $58.80.

Insider Activity

In related news, COO Brett Fairclough sold 30,000 shares of Virtu Financial stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $50.06, for a total transaction of $1,501,800.00. Following the completion of the transaction, the chief operating officer directly owned 42,473 shares of the company’s stock, valued at $2,126,198.38. This trade represents a 41.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 46.76% of the stock is owned by company insiders.

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.