Coppell Advisory Solutions LLC Takes $583,000 Position in Virtu Financial, Inc. $VIRT

Coppell Advisory Solutions LLC acquired a new stake in Virtu Financial, Inc. (NYSE:VIRTFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 9,793 shares of the company’s stock, valued at approximately $583,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VIRT. EverSource Wealth Advisors LLC lifted its stake in Virtu Financial by 103.8% in the second quarter. EverSource Wealth Advisors LLC now owns 760 shares of the company’s stock worth $34,000 after acquiring an additional 387 shares during the last quarter. Transamerica Financial Advisors LLC grew its holdings in Virtu Financial by 480.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 836 shares of the company’s stock worth $28,000 after acquiring an additional 692 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in shares of Virtu Financial by 51.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 972 shares of the company’s stock valued at $35,000 after purchasing an additional 332 shares during the last quarter. Quarry LP purchased a new stake in shares of Virtu Financial in the 3rd quarter valued at approximately $35,000. Finally, Jones Financial Companies Lllp increased its position in shares of Virtu Financial by 1,624.1% in the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the company’s stock valued at $38,000 after purchasing an additional 942 shares during the last quarter. 45.78% of the stock is owned by institutional investors and hedge funds.

Virtu Financial Trading Up 2.4%

Shares of Virtu Financial stock opened at $64.18 on Friday. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.87. The company has a fifty day simple moving average of $60.84 and a 200-day simple moving average of $52.82. The stock has a market cap of $9.96 billion, a price-to-earnings ratio of 10.66, a PEG ratio of 0.42 and a beta of 0.62. Virtu Financial, Inc. has a 12-month low of $31.55 and a 12-month high of $68.76.

Virtu Financial (NYSE:VIRTGet Free Report) last announced its quarterly earnings results on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. Virtu Financial had a net margin of 13.50% and a return on equity of 49.06%. The firm had revenue of $984.69 million for the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. On average, equities analysts forecast that Virtu Financial, Inc. will post 6.38 EPS for the current fiscal year.

Virtu Financial Announces Dividend

The company 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 dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.96 annualized dividend and a dividend yield of 1.5%. Virtu Financial’s dividend payout ratio (DPR) is presently 15.95%.

Insider Transactions at Virtu Financial

In other news, Director John Nixon sold 9,094 shares of Virtu Financial stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $60.13, for a total transaction of $546,822.22. Following the sale, the director owned 30,902 shares in the company, valued at approximately $1,858,137.26. The trade was a 22.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Joseph Grano, Jr. sold 8,400 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $60.94, for a total value of $511,896.00. Following the completion of the sale, the director directly owned 33,814 shares of the company’s stock, valued at $2,060,625.16. The trade was a 19.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 46.76% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Virtu Financial from $51.00 to $59.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 28th. Morgan Stanley increased their target price on Virtu Financial from $39.00 to $57.00 and gave the company an “underweight” rating in a report on Friday, July 10th. Piper Sandler raised their price target on Virtu Financial from $61.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. The Goldman Sachs Group lifted their price target on Virtu Financial from $51.00 to $63.00 and gave the stock a “neutral” rating in a report on Tuesday, June 30th. Finally, Zacks Research raised Virtu Financial from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $58.80.

Get Our Latest Analysis on VIRT

Virtu Financial Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding VIRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Virtu Financial, Inc. (NYSE:VIRTFree Report).

Institutional Ownership by Quarter for Virtu Financial (NYSE:VIRT)

Receive News & Ratings for Virtu Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtu Financial and related companies with MarketBeat.com's FREE daily email newsletter.