Resona Asset Management Co. Ltd. Acquires Shares of 46,578 VirTra, Inc. (NASDAQ:VTSI)

Resona Asset Management Co. Ltd. bought a new stake in VirTra, Inc. (NASDAQ:VTSI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 46,578 shares of the company’s stock, valued at approximately $312,000. Resona Asset Management Co. Ltd. owned 0.41% of VirTra as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC increased its position in VirTra by 34.3% in the third quarter. Barclays PLC now owns 15,028 shares of the company’s stock worth $94,000 after purchasing an additional 3,837 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in shares of VirTra by 114.7% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 31,279 shares of the company’s stock worth $211,000 after buying an additional 16,708 shares during the period. State Street Corp raised its stake in shares of VirTra by 31.3% during the third quarter. State Street Corp now owns 164,007 shares of the company’s stock worth $1,020,000 after buying an additional 39,097 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in VirTra by 16.7% in the fourth quarter. Bank of New York Mellon Corp now owns 21,094 shares of the company’s stock valued at $142,000 after buying an additional 3,022 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in VirTra by 28.4% in the third 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. Institutional investors own 14.69% of the company’s stock.

VirTra Price Performance

Shares of VTSI opened at $4.27 on Friday. The stock has a market cap of $48.08 million, a P/E ratio of 8.21 and a beta of 0.44. VirTra, Inc. has a 1 year low of $3.88 and a 1 year high of $17.68. The stock’s 50-day moving average price is $5.34 and its two-hundred day moving average price is $6.24. The company has a current ratio of 5.02, a quick ratio of 3.46 and a debt-to-equity ratio of 0.17.

VirTra (NASDAQ:VTSI) last issued its earnings results on Thursday, March 27th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.15). The firm had revenue of $4.70 million during the quarter, compared to the consensus estimate of $7.45 million. VirTra had a net margin of 18.24% and a return on equity of 13.01%. On average, equities analysts predict that VirTra, Inc. will post 0.34 earnings per share for the current year.

Analyst Ratings Changes

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

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.