Hennion & Walsh Asset Management Inc. Takes $91,000 Position in VirTra, Inc. (NASDAQ:VTSI)

Hennion & Walsh Asset Management Inc. bought a new stake in VirTra, Inc. (NASDAQ:VTSI) during the third quarter, Holdings Channel reports. The institutional investor bought 14,571 shares of the company’s stock, valued at approximately $91,000.

A number of other institutional investors have also modified their holdings of VTSI. Russell Investments Group Ltd. acquired a new position in VirTra in the 1st quarter valued at $1,782,000. Vanguard Group Inc. increased its stake in VirTra by 10.4% in the 1st quarter. Vanguard Group Inc. now owns 476,706 shares of the company’s stock valued at $4,901,000 after buying an additional 44,906 shares during the period. O Shaughnessy Asset Management LLC increased its stake in VirTra by 100.2% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 41,060 shares of the company’s stock valued at $422,000 after buying an additional 20,554 shares during the period. Bank of New York Mellon Corp acquired a new position in VirTra in the 2nd quarter valued at $199,000. Finally, Rhumbline Advisers acquired a new position in VirTra in the 2nd quarter valued at $81,000. 14.69% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Lake Street Capital dropped their price objective on shares of VirTra from $16.00 to $10.00 and set a “buy” rating on the stock in a research note on Tuesday, August 13th.

VirTra Price Performance

Shares of NASDAQ VTSI opened at $6.38 on Thursday. The firm has a market capitalization of $70.88 million, a P/E ratio of 10.63 and a beta of 0.62. VirTra, Inc. has a one year low of $4.57 and a one year high of $17.68. The company’s fifty day moving average is $6.31 and its two-hundred day moving average is $8.59. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.23 and a current ratio of 4.65.

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

VirTra Company Profile

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.