Entropy Technologies LP Cuts Stock Position in Virtu Financial, Inc. $VIRT

Entropy Technologies LP cut its position in Virtu Financial, Inc. (NYSE:VIRT) by 38.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,645 shares of the company’s stock after selling 11,501 shares during the quarter. Entropy Technologies LP’s holdings in Virtu Financial were worth $820,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of VIRT. NewEdge Advisors LLC boosted its holdings in shares of Virtu Financial by 2.2% in the 4th quarter. NewEdge Advisors LLC now owns 12,939 shares of the company’s stock valued at $431,000 after buying an additional 275 shares in the last quarter. Optimist Retirement Group LLC grew its position in shares of Virtu Financial by 3.5% in the 4th quarter. Optimist Retirement Group LLC now owns 8,277 shares of the company’s stock worth $276,000 after buying an additional 279 shares during the last quarter. Steward Partners Investment Advisory LLC raised its stake in shares of Virtu Financial by 18.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,868 shares of the company’s stock worth $62,000 after acquiring an additional 291 shares in the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of Virtu Financial by 1.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 18,237 shares of the company’s stock worth $608,000 after acquiring an additional 300 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its position in Virtu Financial by 51.9% during the third quarter. CIBC Private Wealth Group LLC now owns 972 shares of the company’s stock valued at $35,000 after acquiring an additional 332 shares during the last quarter. 45.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VIRT has been the subject of several recent analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of Virtu Financial in a research note on Friday, May 29th. Zacks Research downgraded Virtu Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Morgan Stanley increased their price objective on Virtu Financial from $39.00 to $57.00 and gave the company an “underweight” rating in a report on Friday, July 10th. JPMorgan Chase & Co. raised their price objective on Virtu Financial from $51.00 to $59.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, The Goldman Sachs Group boosted their target price on Virtu Financial from $51.00 to $63.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 30th. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Virtu Financial currently has a consensus rating of “Hold” and a consensus target price of $56.50.

Virtu Financial Stock Performance

Shares of Virtu Financial stock opened at $58.59 on Wednesday. The firm has a market capitalization of $9.09 billion, a P/E ratio of 9.70, a PEG ratio of 0.39 and a beta of 0.58. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.92. The company has a 50 day moving average price of $57.84 and a 200 day moving average price of $48.32. Virtu Financial, Inc. has a 52 week low of $31.55 and a 52 week high of $68.02.

Virtu Financial (NYSE:VIRT) last released its earnings results on Tuesday, July 14th. The company reported $1.82 earnings per share for the quarter. The company had revenue of $718.00 million for the quarter. Virtu Financial had a net margin of 14.17% and a return on equity of 51.63%. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. Sell-side analysts expect that Virtu Financial, Inc. will post 6.26 EPS for the current year.

Insider Activity

In other news, COO Brett Fairclough sold 30,000 shares of Virtu Financial stock in a transaction on Friday, May 8th. The shares were sold at an average price of $50.06, for a total transaction of $1,501,800.00. Following the completion of the sale, the chief operating officer directly owned 42,473 shares in the company, valued at approximately $2,126,198.38. The trade was a 41.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 46.76% of the company’s stock.

About Virtu Financial

Virtu Financial, Inc is a technology-driven electronic trading firm and market maker that provides liquidity and price discovery across a wide range of financial instruments. Leveraging advanced analytics, high-performance computing and proprietary algorithms, Virtu operates in equities, fixed income, foreign exchange, commodities and derivative products. Its technology platform is designed to capture bid-ask spreads in real time, manage risk through automated controls and adapt to changing market conditions.

The company offers a suite of execution services and market-making solutions to institutional clients such as asset managers, banks, broker-dealers and hedge funds.