VIRT stock icon

Virtu Financial
VIRT

$23.18
0.17%
 

About: Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the financial markets. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.

Employees: 993

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 11 analysts
0
News positive %
of 11 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

38% more call options, than puts

Call options by funds: $18M | Put options by funds: $13.1M

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]

1% less funds holding

Funds holding: 246 [Q4 2023] → 244 (-2) [Q1 2024]

2% less capital invested

Capital invested by funds: $1.47B [Q4 2023] → $1.43B (-$30.7M) [Q1 2024]

5% less first-time investments, than exits

New positions opened: 41 | Existing positions closed: 43

9% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 94

1.7% less ownership

Funds ownership: 79.95% [Q4 2023] → 78.25% (-1.7%) [Q1 2024]

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$18
22%
downside
Avg. target
$22
6%
downside
High target
$25
8%
upside

11 analyst ratings

positive
55%
neutral
45%
negative
0%
Goldman Sachs
Alexander Blostein
6%downside
$21.7
Neutral
Maintained
26 Apr 2024
Citigroup
Christopher Allen
6%upside
$24.5
Buy
Maintained
25 Apr 2024
JP Morgan
Kenneth Worthington
7%downside
$21.5
Neutral
Maintained
25 Apr 2024
B of A Securities
Craig Siegenthaler
8%upside
$25
Buy
Maintained
25 Apr 2024
Piper Sandler
Patrick Moley
8%upside
$25
Overweight
Maintained
12 Apr 2024

Financial journalist opinion

Based on 11 articles about VIRT published over the past 30 days