VirTra, Inc. (NASDAQ:VTSI) Shares Purchased by Perritt Capital Management Inc

Perritt Capital Management Inc raised its position in shares of VirTra, Inc. (NASDAQ:VTSI) by 100.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 40,000 shares of the company’s stock after purchasing an additional 20,000 shares during the quarter. Perritt Capital Management Inc owned about 0.36% of VirTra worth $270,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. BNP Paribas Financial Markets boosted its stake in VirTra by 32.3% during the third quarter. BNP Paribas Financial Markets now owns 5,035 shares of the company’s stock valued at $31,000 after buying an additional 1,229 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in VirTra by 28.4% in the 3rd quarter. Janus Henderson Group PLC now owns 17,705 shares of the company’s stock valued at $110,000 after acquiring an additional 3,920 shares during the last quarter. State Street Corp boosted its position in shares of VirTra by 31.3% during the 3rd quarter. State Street Corp now owns 164,007 shares of the company’s stock valued at $1,020,000 after purchasing an additional 39,097 shares in the last quarter. Wolverine Trading LLC acquired a new position in shares of VirTra in the 3rd quarter worth approximately $76,000. Finally, Barclays PLC raised its holdings in shares of VirTra by 34.3% in the 3rd quarter. Barclays PLC now owns 15,028 shares of the company’s stock worth $94,000 after purchasing an additional 3,837 shares in the last quarter. 14.69% of the stock is currently owned by institutional investors and hedge funds.

VirTra Stock Up 10.3 %

Shares of VirTra stock opened at $4.49 on Wednesday. VirTra, Inc. has a 12-month low of $3.88 and a 12-month high of $17.68. The firm has a market capitalization of $50.52 million, a PE ratio of 8.63 and a beta of 0.55. The company has a quick ratio of 3.46, a current ratio of 5.02 and a debt-to-equity ratio of 0.17. The stock’s fifty day moving average is $5.75 and its 200-day moving average is $6.37.

VirTra (NASDAQ:VTSI) last posted its quarterly earnings data on Thursday, March 27th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.15). VirTra had a return on equity of 13.01% and a net margin of 18.24%. The company had revenue of $4.70 million for the quarter, compared to analyst estimates of $7.45 million. Equities analysts anticipate that VirTra, Inc. will post 0.34 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Lake Street Capital reduced their target price on shares of VirTra from $10.00 to $7.00 and set a “buy” rating for the company in a report on Friday, March 28th.

VirTra 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.