Dimensional Fund Advisors LP Buys 55,636 Shares of VirTra, Inc. (NASDAQ:VTSI)

Dimensional Fund Advisors LP grew its stake in VirTra, Inc. (NASDAQ:VTSI) by 63.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 143,790 shares of the company’s stock after acquiring an additional 55,636 shares during the period. Dimensional Fund Advisors LP’s holdings in VirTra were worth $1,106,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Russell Investments Group Ltd. acquired a new stake in VirTra in the 1st quarter valued at about $1,782,000. Vanguard Group Inc. lifted its position in VirTra by 10.4% during the first quarter. Vanguard Group Inc. now owns 476,706 shares of the company’s stock worth $4,901,000 after acquiring an additional 44,906 shares during the last quarter. Quadrature Capital Ltd boosted its holdings in shares of VirTra by 49.1% during the fourth quarter. Quadrature Capital Ltd now owns 62,157 shares of the company’s stock worth $589,000 after acquiring an additional 20,464 shares during the period. O Shaughnessy Asset Management LLC boosted its holdings in shares of VirTra by 100.2% during the first quarter. O Shaughnessy Asset Management LLC now owns 41,060 shares of the company’s stock worth $422,000 after acquiring an additional 20,554 shares during the period. Finally, Rhumbline Advisers bought a new stake in shares of VirTra during the second quarter worth approximately $81,000. Institutional investors own 14.69% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital cut their price target on VirTra from $16.00 to $10.00 and set a “buy” rating for the company in a research note on Tuesday, August 13th.

VirTra Stock Up 5.0 %

Shares of VTSI opened at $6.31 on Friday. VirTra, Inc. has a one year low of $4.20 and a one year high of $17.68. The company has a market cap of $70.48 million, a P/E ratio of 10.18 and a beta of 0.62. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.65 and a quick ratio of 3.23. The firm has a 50 day simple moving average of $6.55 and a two-hundred day simple moving average of $9.15.

VirTra (NASDAQ:VTSI) last announced its quarterly earnings data on Monday, August 12th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. VirTra had a net margin of 21.50% and a return on equity of 15.95%. The business had revenue of $6.08 million during the quarter, compared to the consensus estimate of $8.27 million. Research analysts forecast that VirTra, Inc. will post 0.34 EPS for the current fiscal year.

About VirTra

VirTra, Inc provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations.