International Assets Investment Management LLC raised its position in shares of VirnetX Holding Co. (NYSE:VHC – Free Report) by 647.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,218 shares of the technology company’s stock after buying an additional 5,386 shares during the quarter. International Assets Investment Management LLC owned about 0.17% of VirnetX worth $44,000 at the end of the most recent reporting period.
Separately, Csenge Advisory Group raised its stake in VirnetX by 45.3% in the second quarter. Csenge Advisory Group now owns 17,070 shares of the technology company’s stock valued at $116,000 after buying an additional 5,319 shares during the last quarter. 10.37% of the stock is currently owned by hedge funds and other institutional investors.
VirnetX Stock Performance
Shares of VHC stock opened at $6.03 on Friday. The firm has a market capitalization of $22.52 million, a price-to-earnings ratio of -1.07 and a beta of 1.05. The stock’s 50-day simple moving average is $6.82 and its 200-day simple moving average is $5.97. VirnetX Holding Co. has a fifty-two week low of $3.55 and a fifty-two week high of $9.44.
VirnetX Company Profile
VirnetX Holding Corporation, through its subsidiary VirnetX, Inc, operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet using zero trust network access.
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