Perritt Capital Management Inc Has $270,000 Holdings in VirTra, Inc. (NASDAQ:VTSI)

Perritt Capital Management Inc grew its holdings in VirTra, Inc. (NASDAQ:VTSI) by 100.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,000 shares of the company’s stock after purchasing an additional 20,000 shares during the period. Perritt Capital Management Inc’s holdings in VirTra were worth $270,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VTSI. BNP Paribas Financial Markets grew its position in VirTra by 32.3% during the third quarter. BNP Paribas Financial Markets now owns 5,035 shares of the company’s stock valued at $31,000 after purchasing an additional 1,229 shares in the last quarter. Janus Henderson Group PLC boosted its stake in shares of VirTra by 28.4% during the 3rd quarter. Janus Henderson Group PLC now owns 17,705 shares of the company’s stock valued at $110,000 after buying an additional 3,920 shares during the period. State Street Corp boosted its stake in shares of VirTra by 31.3% during the 3rd quarter. State Street Corp now owns 164,007 shares of the company’s stock valued at $1,020,000 after buying an additional 39,097 shares during the period. Wolverine Trading LLC purchased a new position in shares of VirTra during the 3rd quarter valued at $76,000. Finally, Barclays PLC increased its stake in shares of VirTra by 34.3% in the third quarter. Barclays PLC now owns 15,028 shares of the company’s stock worth $94,000 after acquiring an additional 3,837 shares during the last quarter. 14.69% of the stock is owned by hedge funds and other institutional investors.

VirTra Trading Up 10.3 %

NASDAQ:VTSI opened at $4.49 on Wednesday. The company has a market capitalization of $50.52 million, a P/E ratio of 8.63 and a beta of 0.55. The stock’s 50 day moving average price is $5.75 and its 200 day moving average price is $6.37. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.46 and a current ratio of 5.02. VirTra, Inc. has a 52 week low of $3.88 and a 52 week high of $17.68.

VirTra (NASDAQ:VTSI) last announced its quarterly 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). VirTra had a return on equity of 13.01% and a net margin of 18.24%. The business had revenue of $4.70 million for the quarter, compared to analyst estimates of $7.45 million. On average, research analysts forecast that VirTra, Inc. will post 0.34 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Lake Street Capital reduced their price objective on 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.