Virtuix (NASDAQ:VTIX) CEO Jan Roger Goetgeluk Sells 20,279 Shares of Stock

Virtuix Holdings Inc. (NASDAQ:VTIX) CEO Jan Roger Goetgeluk sold 20,279 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $3.58, for a total value of $72,598.82. Following the completion of the sale, the chief executive officer directly owned 4,000,000 shares in the company, valued at approximately $14,320,000. This represents a 0.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Jan Roger Goetgeluk also recently made the following trade(s):

• On Tuesday, May 5th, Jan Roger Goetgeluk sold 77,432 shares of Virtuix stock. The stock was sold at an average price of $4.04, for a total value of $312,825.28.
• On Monday, May 4th, Jan Roger Goetgeluk sold 24,177 shares of Virtuix stock. The shares were sold at an average price of $3.50, for a total value of $84,619.50.
• On Thursday, April 30th, Jan Roger Goetgeluk sold 13,563 shares of Virtuix stock. The shares were sold at an average price of $3.40, for a total value of $46,114.20.
• On Wednesday, April 29th, Jan Roger Goetgeluk sold 18,696 shares of Virtuix stock. The stock was sold at an average price of $3.32, for a total value of $62,070.72.
• On Tuesday, April 28th, Jan Roger Goetgeluk sold 15,899 shares of Virtuix stock. The stock was sold at an average price of $3.52, for a total value of $55,964.48.
• On Monday, April 27th, Jan Roger Goetgeluk sold 28,696 shares of Virtuix stock. The shares were sold at an average price of $3.69, for a total value of $105,888.24.
• On Thursday, April 23rd, Jan Roger Goetgeluk sold 61,825 shares of Virtuix stock. The stock was sold at an average price of $4.58, for a total transaction of $283,158.50.
• On Wednesday, April 22nd, Jan Roger Goetgeluk sold 49,122 shares of Virtuix stock. The stock was sold at an average price of $5.96, for a total transaction of $292,767.12.
• On Tuesday, April 21st, Jan Roger Goetgeluk sold 112,563 shares of Virtuix stock. The stock was sold at an average price of $6.96, for a total transaction of $783,438.48.
• On Monday, April 20th, Jan Roger Goetgeluk sold 24,990 shares of Virtuix stock. The shares were sold at an average price of $6.62, for a total transaction of $165,433.80.

Virtuix Stock Up 2.0%

Shares of Virtuix stock opened at $4.05 on Friday. The firm has a fifty day moving average of $6.28. Virtuix Holdings Inc. has a fifty-two week low of $3.14 and a fifty-two week high of $92.74.

Virtuix (NASDAQ:VTIX) last posted its quarterly earnings data on Friday, March 6th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $0.96 million for the quarter.

Analysts Set New Price Targets

VTIX has been the subject of several recent research reports. Wall Street Zen cut Virtuix from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. Weiss Ratings began coverage on Virtuix in a research report on Monday, April 20th. They set a “sell (e-)” rating on the stock. Finally, Zacks Research upgraded Virtuix to a “hold” rating in a research note on Tuesday, April 14th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.

About Virtuix

Virtuix (NASDAQ:VTIX) is a company that develops and commercializes hardware and software for immersive virtual reality (VR) locomotion and related experiences. Its core focus is on enabling natural movement inside virtual environments through purpose-built platforms and systems that pair motion-control hardware with software integrations for games, training and location-based entertainment.

The company is best known for its Omni family of omnidirectional locomotion platforms, which are designed to allow users to walk, run and maneuver in 360 degrees within a virtual space while remaining stationary in the real world.