Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Virtu Financial Inc shares valued at $1,272,015 were sold by Cavoli Stephen on Feb 18 ’25. At $37.41 per share, Cavoli Stephen sold 34,000 shares. The insider’s holdings dropped to 157,703 shares worth approximately $5.95 million following the completion of this transaction.
Also, Cavoli Stephen sold 34,000 shares, netting a total of over 1,253,832 in proceeds. Following the sale of shares at $36.88 each, the insider now holds 191,703 shares.
Before that, Fairclough Brett had sold 72,967 shares from its account. In a trade valued at $2,688,440, the Co-President & Co-COO traded Virtu Financial Inc shares for $36.84 each. Upon closing the transaction, the insider’s holdings decreased to 72,967 shares, worth approximately $3.42 million.
As published in their initiating research note from BofA Securities on November 28, 2023, Virtu Financial Inc [VIRT] has been a Buy and the price target has been revised to $20. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid September. As of April 11, 2023, Morgan Stanley has increased its “an Underweight” rating to a “an Equal-weight” for VIRT. Earlier on January 12, 2023, Citigroup downgraded its rating. Their new recommendation was “a Neutral” for VIRT stock which previously was a “a Buy”.
Analyzing VIRT Stock Performance
During the last five days, there has been a drop of approximately -0.03%. Over the course of the year, Virtu Financial Inc shares have jumped approximately 5.69%. Shares of the company reached a 52-week high of $41.38 on 02/06/25 and a 52-week low of $33.97 on 01/13/25. A 50-day SMA is recorded $37.41, while a 200-day SMA reached $32.54.
Support And Resistance Levels for Virtu Financial Inc (VIRT)
According to the 24-hour chart, there is a support level at 37.23, which, if violated, would cause prices to drop to 36.74. In the upper region, resistance lies at 38.60. The next price resistance is at 39.48. RSI (Relative Strength Index) is 53.23 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.85, which suggests the price will increase in the coming days. Percent R is at 42.08%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
