Rhumbline Advisers Buys New Position in VirTra, Inc. (NASDAQ:VTSI)

Rhumbline Advisers purchased a new position in VirTra, Inc. (NASDAQ:VTSI) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 10,534 shares of the company’s stock, valued at approximately $81,000. Rhumbline Advisers owned 0.09% of VirTra at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of VTSI. Bank of New York Mellon Corp purchased a new stake in shares of VirTra in the 2nd quarter worth $199,000. O Shaughnessy Asset Management LLC lifted its holdings in VirTra by 100.2% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 41,060 shares of the company’s stock worth $422,000 after purchasing an additional 20,554 shares in the last quarter. Quadrature Capital Ltd increased its holdings in VirTra by 49.1% in the 4th quarter. Quadrature Capital Ltd now owns 62,157 shares of the company’s stock valued at $589,000 after acquiring an additional 20,464 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in VirTra in the 1st quarter valued at $1,782,000. Finally, Vanguard Group Inc. lifted its stake in VirTra by 10.4% in the 1st quarter. Vanguard Group Inc. now owns 476,706 shares of the company’s stock worth $4,901,000 after purchasing an additional 44,906 shares in the last quarter. Hedge funds and other institutional investors own 14.69% of the company’s stock.

VirTra Stock Down 0.5 %

Shares of VTSI opened at $6.22 on Tuesday. VirTra, Inc. has a 12-month low of $4.20 and a 12-month high of $17.68. The firm has a fifty day moving average price of $6.99 and a 200-day moving average price of $9.38. The firm has a market capitalization of $69.48 million, a P/E ratio of 10.37 and a beta of 0.63. The company has a current ratio of 4.65, a quick ratio of 3.23 and a debt-to-equity ratio of 0.17.

VirTra (NASDAQ:VTSI) last released its quarterly earnings data on Monday, August 12th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. VirTra had a return on equity of 15.95% and a net margin of 21.50%. The company had revenue of $6.08 million for the quarter, compared to the consensus estimate of $8.27 million. Equities research analysts expect that VirTra, Inc. will post 0.34 earnings per share for the current year.

Analyst Ratings Changes

Separately, Lake Street Capital reduced their price objective on VirTra from $16.00 to $10.00 and set a “buy” rating on the stock in a research note on Tuesday, August 13th.

VirTra Company 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.