Victory Capital Holdings Inc (NASDAQ:VCTR)’s share price reached a new 52-week high on Tuesday following insider buying activity. The stock traded as high as $12.76 and last traded at $12.40, with a volume of 307700 shares trading hands. The stock had previously closed at $12.40.

Specifically, Director James B. Hawkes purchased 335,000 shares of Victory Capital stock in a transaction dated Friday, February 9th. The shares were bought at an average cost of $12.66 per share, for a total transaction of $4,241,100.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Terence Francis Sullivan purchased 14,000 shares of Victory Capital stock in a transaction dated Thursday, February 8th. The stock was acquired at an average price of $13.00 per share, for a total transaction of $182,000.00. The disclosure for this purchase can be found here. Insiders have acquired a total of 365,500 shares of company stock worth $4,624,400 over the last quarter.

The stock has a market capitalization of $1,510.00 and a PE ratio of 71.11.

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About Victory Capital

Victory Capital Holdings, Inc is an investment management company. The Company’s model features an operating platform that provides centralized distribution, marketing and operations infrastructure to its franchises and solutions platform. Its solutions platform consists of multi-Franchise and customized solutions strategies that are primarily rules-based.

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