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BofA Securities Downgrades Virtu Financial Inc (VIRT) to a Neutral from a Buy

Virtu Financial Inc’s recently made public that its Director Nixon John unloaded Company’s shares for reported $0.3 million on May 13 ’25. In the deal valued at $42.82 per share,6,965 shares were sold. As a result of this transaction, Nixon John now holds 33,923 shares worth roughly $1.41 million.

Then, John Nixon bought 6,965 shares, generating $296,000 in total proceeds.

Before that, Cifu Douglas A sold 177,561 shares. Virtu Financial Inc shares valued at $6,903,640 were divested by the Chief Executive Officer at a price of $38.88 per share. As a result of the transaction, Cifu Douglas A now holds 231,306 shares, worth roughly $9.59 million.

BofA Securities downgraded its Virtu Financial Inc [VIRT] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early April from “an Equal-weight” to “an Underweight”. BofA Securities began covering VIRT with “Buy” recommendation on November 28, 2023. Citigroup revised its rating on September 14, 2023. It rated VIRT as “a Buy” which previously was an “a Neutral”.

Price Performance Review of VIRT

On Friday, Virtu Financial Inc [NASDAQ:VIRT] saw its stock jump 1.15% to $41.45. Over the last five days, the stock has lost -3.94%. Virtu Financial Inc shares have risen nearly 16.17% since the year began. Nevertheless, the stocks have risen 72.06% over the past one year. While a 52-week high of $44.58 was reached on 05/12/25, a 52-week low of $21.55 was recorded on 04/09/25. SMA at 50 days reached $38.36, while 200 days put it at $35.11.

Levels Of Support And Resistance For VIRT Stock

The 24-hour chart illustrates a support level at 41.00, which if violated will result in even more drops to 40.56. On the upside, there is a resistance level at 41.69. A further resistance level may holdings at 41.94. The Relative Strength Index (RSI) on the 14-day chart is 56.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.21%. Stochastics %K at 57.11% indicates the stock is a holding.

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