Insider Selling: Virtuix (NASDAQ:VTIX) CEO Sells $23,705.14 in Stock

Virtuix Holdings Inc. (NASDAQ:VTIX) CEO Jan Roger Goetgeluk sold 3,842 shares of the firm’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of $6.17, for a total transaction of $23,705.14. Following the sale, the chief executive officer owned 4,471,463 shares in the company, valued at approximately $27,588,926.71. The trade was a 0.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Jan Roger Goetgeluk also recently made the following trade(s):

• On Thursday, April 16th, Jan Roger Goetgeluk sold 9,323 shares of Virtuix stock. The stock was sold at an average price of $6.14, for a total transaction of $57,243.22.
• On Wednesday, April 15th, Jan Roger Goetgeluk sold 8,185 shares of Virtuix stock. The stock was sold at an average price of $6.40, for a total transaction of $52,384.00.
• On Tuesday, April 14th, Jan Roger Goetgeluk sold 6,713 shares of Virtuix stock. The stock was sold at an average price of $6.43, for a total transaction of $43,164.59.
• On Thursday, April 9th, Jan Roger Goetgeluk sold 7,889 shares of Virtuix stock. The stock was sold at an average price of $6.41, for a total transaction of $50,568.49.
• On Wednesday, April 8th, Jan Roger Goetgeluk sold 6,534 shares of Virtuix stock. The stock was sold at an average price of $6.20, for a total transaction of $40,510.80.
• On Tuesday, April 7th, Jan Roger Goetgeluk sold 4,278 shares of Virtuix stock. The stock was sold at an average price of $5.95, for a total transaction of $25,454.10.
• On Monday, April 6th, Jan Roger Goetgeluk sold 5,994 shares of Virtuix stock. The stock was sold at an average price of $6.02, for a total transaction of $36,083.88.

Virtuix Trading Up 1.3%

Shares of NASDAQ:VTIX opened at $6.17 on Friday. Virtuix Holdings Inc. has a 12 month low of $4.39 and a 12 month high of $92.74. The stock’s fifty day moving average is $6.52.

Virtuix (NASDAQ:VTIX) last issued its quarterly earnings data on Friday, March 6th. The company reported ($0.09) EPS for the quarter. The company had revenue of $0.96 million for the quarter.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on VTIX. Zacks Research upgraded shares of Virtuix to a “hold” rating in a research note on Tuesday. Wall Street Zen lowered shares of Virtuix from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Virtuix Company Profile

Virtuix (NASDAQ:VTIX) is a company that develops and commercializes hardware and software for immersive virtual reality (VR) locomotion and related experiences. Its core focus is on enabling natural movement inside virtual environments through purpose-built platforms and systems that pair motion-control hardware with software integrations for games, training and location-based entertainment.

The company is best known for its Omni family of omnidirectional locomotion platforms, which are designed to allow users to walk, run and maneuver in 360 degrees within a virtual space while remaining stationary in the real world.