Virtu Financial (VIRT)

• Market cap: $3.11B
• 1 day: -1.04%
• 5 days: 2.49%
• 1 month: -4.18%
• 3 months: 18.94%
• 6 months: 60.17%
• Year to date: 78.03%
• 1 year: 78.03%
• 5 years: 129.16%
• 10 years: 63.35%
• Sector: Financials
• Industry: Security Brokers, Dealers & Flotation Companies

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

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

211% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 27

100% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]

36% more call options, than puts

Call options by funds: $26.8M | Put options by funds: $19.7M

27% more capital invested

Capital invested by funds: $1.76B [Q2] → $2.23B (+$467M) [Q3]

20% more funds holding

Funds holding: 279 [Q2] → 336 (+57) [Q3]

6% less repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 113

5.93% less ownership

Funds ownership: 88.6% [Q2] → 82.66% (-5.93%) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $25 31% downside
• Avg. target: $32 11% downside
• High target: $37 2% upside

5 analyst ratings

• positive: 3 60%
• neutral: 2 40%
• negative: 0 0%

Piper Sandler Patrick Moley 75% 1-year accuracy 30 / 40 met price target	3% downside $35	Overweight Reiterated	24 Oct 2024
Morgan Stanley Michael Cyprys 74% 1-year accuracy 25 / 34 met price target	31% downside $25	Equal-Weight Maintained	17 Oct 2024
Citigroup Christopher Allen 86% 1-year accuracy 18 / 21 met price target	2% upside $37	Buy Maintained	9 Oct 2024
B of A Securities Craig Siegenthaler 75% 1-year accuracy 18 / 24 met price target	3% downside $35	Buy Maintained	3 Oct 2024
Goldman Sachs Alexander Blostein 70% 1-year accuracy 31 / 44 met price target	20% downside $29	Neutral Maintained	30 Sept 2024