Virtu Financial Inc (VIRT) Insider Acquires $2,234,619.32 in Stock

Virtu Financial Inc (NASDAQ:VIRT) insider Tjmt Holdings Llc acquired 144,542 shares of the company’s stock in a transaction that occurred on Monday, April 17th. The shares were acquired at an average price of $15.46 per share, with a total value of $2,234,619.32. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Tjmt Holdings Llc also recently made the following trade(s):

  • On Tuesday, April 11th, Tjmt Holdings Llc acquired 100,000 shares of Virtu Financial stock. The shares were acquired at an average price of $15.62 per share, with a total value of $1,562,000.00.
  • On Friday, April 7th, Tjmt Holdings Llc acquired 151,128 shares of Virtu Financial stock. The shares were acquired at an average price of $15.87 per share, with a total value of $2,398,401.36.
  • On Thursday, March 16th, Tjmt Holdings Llc acquired 300 shares of Virtu Financial stock. The shares were acquired at an average price of $16.00 per share, with a total value of $4,800.00.
  • On Thursday, January 19th, Tjmt Holdings Llc acquired 100 shares of Virtu Financial stock. The shares were acquired at an average price of $16.00 per share, with a total value of $1,600.00.
  • On Wednesday, January 18th, Tjmt Holdings Llc acquired 41,665 shares of Virtu Financial stock. The shares were acquired at an average price of $15.98 per share, with a total value of $665,806.70.

Virtu Financial Inc (NASDAQ:VIRT) opened at 16.45 on Friday. The firm has a 50-day moving average price of $16.43 and a 200 day moving average price of $15.77. The company has a market capitalization of $668.97 million, a P/E ratio of 19.70 and a beta of 0.43. Virtu Financial Inc has a 52-week low of $12.35 and a 52-week high of $21.85.

Virtu Financial (NASDAQ:VIRT) last announced its quarterly earnings results on Thursday, February 2nd. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.03. Virtu Financial had a return on equity of 19.37% and a net margin of 4.94%. The company had revenue of $100.30 million for the quarter, compared to the consensus estimate of $96.91 million. During the same quarter in the previous year, the business earned $0.27 EPS. Virtu Financial’s revenue was down 7.0% compared to the same quarter last year. On average, analysts predict that Virtu Financial Inc will post $1.00 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Virtu Financial (NASDAQ:VIRT)

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Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of Montreal Can increased its position in shares of Virtu Financial by 1,112.5% in the first quarter. Bank of Montreal Can now owns 56,974 shares of the financial services provider’s stock worth $968,000 after buying an additional 52,275 shares in the last quarter. Macquarie Group Ltd. increased its position in shares of Virtu Financial by 30.6% in the fourth quarter. Macquarie Group Ltd. now owns 105,849 shares of the financial services provider’s stock worth $1,688,000 after buying an additional 24,781 shares in the last quarter. Teachers Advisors LLC increased its position in shares of Virtu Financial by 37.1% in the fourth quarter. Teachers Advisors LLC now owns 55,003 shares of the financial services provider’s stock worth $877,000 after buying an additional 14,876 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its position in shares of Virtu Financial by 90.4% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 10,453 shares of the financial services provider’s stock worth $167,000 after buying an additional 4,963 shares in the last quarter. Finally, Tudor Investment Corp Et Al increased its position in shares of Virtu Financial by 43.2% in the fourth quarter. Tudor Investment Corp Et Al now owns 85,866 shares of the financial services provider’s stock worth $1,370,000 after buying an additional 25,899 shares in the last quarter. Institutional investors own 89.85% of the company’s stock.

Separately, Zacks Investment Research downgraded Virtu Financial from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 18th.

Virtu Financial Company Profile

Virtu Financial, Inc is a holding company. The Company is a technology-enabled market maker and liquidity provider to the financial markets across the world. It is engaged in buying or selling a range of securities and other financial instruments and earning small bid/ask spreads across various transactions.

5 Day Chart for NASDAQ:VIRT

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