VirTra, Inc. (NASDAQ:VTSI) Shares Purchased by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. raised its holdings in shares of VirTra, Inc. (NASDAQ:VTSI) by 22.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,791 shares of the company’s stock after acquiring an additional 3,841 shares during the quarter. Raymond James Financial Services Advisors Inc. owned approximately 0.19% of VirTra worth $197,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC acquired a new position in VirTra during the third quarter worth about $103,000. Quadrature Capital Ltd raised its position in VirTra by 79.0% during the third quarter. Quadrature Capital Ltd now owns 41,693 shares of the company’s stock worth $233,000 after acquiring an additional 18,404 shares during the last quarter. Finally, Acadian Asset Management LLC raised its position in VirTra by 8.0% during the third quarter. Acadian Asset Management LLC now owns 45,935 shares of the company’s stock worth $255,000 after acquiring an additional 3,421 shares during the last quarter. Institutional investors and hedge funds own 14.69% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Lake Street Capital upped their price target on shares of VirTra from $9.00 to $13.00 and gave the stock a “buy” rating in a research report on Friday, December 29th. Roth Mkm boosted their price objective on shares of VirTra from $14.50 to $19.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd.

VirTra Price Performance

VTSI opened at $12.28 on Thursday. The company has a quick ratio of 2.32, a current ratio of 3.11 and a debt-to-equity ratio of 0.18. VirTra, Inc. has a 52-week low of $4.20 and a 52-week high of $16.97. The company has a 50 day moving average of $10.95 and a two-hundred day moving average of $9.27. The company has a market cap of $136.43 million, a P/E ratio of 16.16, a P/E/G ratio of 0.47 and a beta of 0.85.

VirTra (NASDAQ:VTSI) last released its quarterly earnings data on Monday, April 1st. The company reported $0.25 earnings per share (EPS) for the quarter. The company had revenue of $10.12 million during the quarter, compared to the consensus estimate of $9.95 million. VirTra had a net margin of 22.09% and a return on equity of 21.41%. On average, analysts expect that VirTra, Inc. will post 0.86 earnings per share for the current year.

VirTra Profile

VirTra, Inc provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.