Virtu Financial Inc’s recent filing unveils that its EVP Cavoli Stephen unloaded Company’s shares for reported $1.27 million on Feb 18 ’25. In the deal valued at $37.41 per share,34,000 shares were sold. As a result of this transaction, Cavoli Stephen now holds 157,703 shares worth roughly $5.69 million.
Then, Cavoli Stephen sold 34,000 shares, generating $1,253,832 in total proceeds. Upon selling the shares at $36.88, the EVP now owns 191,703 shares.
Before that, Fairclough Brett sold 72,967 shares. Virtu Financial Inc shares valued at $2,688,440 were divested by the Co-President & Co-COO at a price of $36.84 per share. As a result of the transaction, Fairclough Brett now holds 90,749 shares, worth roughly $3.27 million.
BofA Securities initiated its Virtu Financial Inc [VIRT] rating to a Buy in a research note published on November 28, 2023; the price target was $20. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in mid September from “a Neutral” to “a Buy”. Morgan Stanley also remained covering VIRT and has increased its forecast on April 11, 2023 with a “an Equal-weight” recommendation from previously “an Underweight” rating. Citigroup revised its rating on January 12, 2023. It rated VIRT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of VIRT
On Monday, Virtu Financial Inc [NASDAQ:VIRT] saw its stock jump 1.04% to $36.08. Over the last five days, the stock has gained 2.79%. Virtu Financial Inc shares have risen nearly 1.12% since the year began. Nevertheless, the stocks have risen 88.41% over the past one year. While a 52-week high of $41.38 was reached on 02/06/25, a 52-week low of $18.95 was recorded on 01/13/25. SMA at 50 days reached $37.04, while 200 days put it at $31.93.
Levels Of Support And Resistance For VIRT Stock
The 24-hour chart illustrates a support level at 35.37, which if violated will result in even more drops to 34.66. On the upside, there is a resistance level at 36.65. A further resistance level may holdings at 37.23. The Relative Strength Index (RSI) on the 14-day chart is 48.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.60%. Stochastics %K at 41.07% indicates the stock is a holding.
How much short interest is there in Virtu Financial Inc?
A steep rise in short interest was recorded in Virtu Financial Inc stocks on 2025-02-28, dropping by -0.23 million shares to a total of 2.74 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.96 million shares. There was a decline of -8.27%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 12, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $26 price target.
