Virtu Financial (NYSE:VIRT) Director John Nixon Sells 9,094 Shares

Virtu Financial, Inc. (NYSE:VIRT) Director John Nixon sold 9,094 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $60.13, for a total value of $546,822.22. Following the completion of the sale, the director directly owned 30,902 shares of the company’s stock, valued at $1,858,137.26. The trade was a 22.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Virtu Financial Stock Performance

NYSE:VIRT opened at $61.02 on Wednesday. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.87. The firm’s fifty day simple moving average is $59.69 and its 200 day simple moving average is $50.63. The stock has a market cap of $9.47 billion, a P/E ratio of 10.14, a price-to-earnings-growth ratio of 0.41 and a beta of 0.60. Virtu Financial, Inc. has a twelve month low of $31.55 and a twelve month high of $68.02.

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

Virtu Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a $0.24 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.96 annualized dividend and a yield of 1.6%. Virtu Financial’s dividend payout ratio (DPR) is 15.95%.

Hedge Funds Weigh In On Virtu Financial

Several large investors have recently made changes to their positions in the business. Transamerica Financial Advisors LLC grew its stake 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 buying an additional 692 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Virtu Financial by 103.8% during the second quarter. EverSource Wealth Advisors LLC now owns 760 shares of the company’s stock valued at $34,000 after buying an additional 387 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in Virtu Financial by 51.9% in the third quarter. CIBC Private Wealth Group LLC now owns 972 shares of the company’s stock worth $35,000 after acquiring an additional 332 shares in the last quarter. Quarry LP bought a new stake in Virtu Financial in the third quarter worth $35,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Virtu Financial in the fourth quarter worth $37,000. 45.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. upped their target price on Virtu Financial from $51.00 to $59.00 and gave the stock a “neutral” rating in a report on Tuesday, July 28th. Zacks Research cut Virtu Financial from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 13th. Wall Street Zen downgraded Virtu Financial from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Piper Sandler raised their price objective on Virtu Financial from $61.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Virtu Financial in a research report on Friday, May 29th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $58.80.

Virtu Financial Company Profile

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.