Virtuix (NASDAQ:VTIX) CEO Sells 13,563 Shares

Virtuix Holdings Inc. (NASDAQ:VTIX) CEO Jan Roger Goetgeluk sold 13,563 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $3.40, for a total value of $46,114.20. Following the completion of the sale, the chief executive officer directly owned 4,121,888 shares of the company’s stock, valued at $14,014,419.20. This represents a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Wednesday, April 29th, Jan Roger Goetgeluk sold 18,696 shares of Virtuix stock. The stock was sold at an average price of $3.32, for a total transaction of $62,070.72.
• On Tuesday, April 28th, Jan Roger Goetgeluk sold 15,899 shares of Virtuix stock. The shares were sold at an average price of $3.52, for a total transaction of $55,964.48.
• On Monday, April 27th, Jan Roger Goetgeluk sold 28,696 shares of Virtuix stock. The shares were sold at an average price of $3.69, for a total transaction of $105,888.24.
• On Thursday, April 23rd, Jan Roger Goetgeluk sold 61,825 shares of Virtuix stock. The stock was sold at an average price of $4.58, for a total transaction of $283,158.50.
• On Wednesday, April 22nd, Jan Roger Goetgeluk sold 49,122 shares of Virtuix stock. The stock was sold at an average price of $5.96, for a total transaction of $292,767.12.
• On Tuesday, April 21st, Jan Roger Goetgeluk sold 112,563 shares of Virtuix stock. The shares were sold at an average price of $6.96, for a total transaction of $783,438.48.
• On Monday, April 20th, Jan Roger Goetgeluk sold 24,990 shares of Virtuix stock. The shares were sold at an average price of $6.62, for a total transaction of $165,433.80.
• 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 value of $57,243.22.
• On Wednesday, April 15th, Jan Roger Goetgeluk sold 8,185 shares of Virtuix stock. The shares were sold at an average price of $6.40, for a total value of $52,384.00.
• On Tuesday, April 14th, Jan Roger Goetgeluk sold 6,713 shares of Virtuix stock. The shares were sold at an average price of $6.43, for a total value of $43,164.59.

Virtuix Trading Up 7.2%

Shares of VTIX stock traded up $0.25 during mid-day trading on Friday, reaching $3.70. The stock had a trading volume of 225,506 shares, compared to its average volume of 356,412. Virtuix Holdings Inc. has a one year low of $3.14 and a one year high of $92.74. The company has a 50 day moving average of $6.41.

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

Analyst Ratings Changes

A number of research firms have recently commented on VTIX. Zacks Research raised shares of Virtuix to a “hold” rating in a report on Tuesday, April 14th. Wall Street Zen lowered shares of Virtuix from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Finally, Weiss Ratings initiated coverage on Virtuix in a report on Monday, April 20th. They set a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Virtuix presently has an average rating of “Reduce”.

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.