Sandler O’Neill analyst Richard Repetto reiterated a Buy rating on Virtu Financial (NASDAQ: VIRT) yesterday and set a price target of $27. The company’s shares closed yesterday at $21.40.
According to TipRanks.com, Repetto is a 4-star analyst with an average return of 14.2% and a 70.9% success rate. Repetto covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Gain Capital Holdings, and Investment Technology.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Virtu Financial with a $30.50 average price target.
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The company has a one-year high of $37.85 and a one-year low of $13.10. Currently, Virtu Financial has an average volume of 1.43M.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. Last month, Joseph Molluso, the EVP & CFO of VIRT bought 45,000 shares for a total of $855,000.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Virtu Financial, Inc. engages in the business of buying and selling of securities and other financial instruments. It offers market making and trading solutions. The company was founded by Vincent Viola in 2008 and is headquartered in New York, NY.
