Director Stephen Zarrilli has sold 2,150 shares of company (VRTS, Financial) on March 6, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $248.4 per share, resulting in a total value of $534,060.
Virtus Investment Partners Inc is a distinguished asset management company that offers investment solutions to both individual and institutional clients. The company operates through a multi-manager asset management business, comprising a portfolio of well-regarded investment teams and boutique managers that offer a wide range of styles and asset classes.
Over the past year, the insider has engaged in the sale of 2,150 shares and has not made any purchases of company stock. The insider transaction history for Virtus Investment Partners Inc reveals a pattern of 2 insider sells and 0 insider buys over the past year.
The market capitalization of Virtus Investment Partners Inc stands at $1.759 billion as of the date of the insider's recent transaction. The stock's price-earnings ratio is 14.02, which is slightly lower than the industry median of 14.045 and also below the company's historical median price-earnings ratio.
With the stock trading at $248.4 and a GuruFocus Value of $224.31, the price-to-GF-Value ratio is 1.11, indicating that the stock is considered Modestly Overvalued according to the GF Value metric.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
