Virtu Financial, Inc., financial services company, provides execution services and data, analytics, and connectivity products to clients worldwide. Its product suite includes offerings in execution, liquidity sourcing, analytics and broker-neutral, and multi-dealer platforms in workflow technology. The company's solutions enable clients to trade on various venues across countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income, and other commodities. Its analytics platform provides a range of pre- and post-trade services, data products, and compliance for clients to invest, trade, and manage risk across markets. Virtu Financial, Inc. was founded in 2008 and is headquartered in New York, New York.
IPO Year: 2015
Exchange: NASDAQ
Website: virtu.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/28/2023 | $20.00 | Buy | BofA Securities |
9/14/2023 | $20.00 | Neutral → Buy | Citigroup |
4/11/2023 | $18.00 → $21.00 | Underweight → Equal-Weight | Morgan Stanley |
1/12/2023 | $22.50 | Buy → Neutral | Citigroup |
10/12/2022 | $26.00 | Buy | Citigroup |
2/9/2022 | $38.00 → $40.00 | Buy | Rosenblatt |
11/4/2021 | $35.00 → $38.00 | Buy | Rosenblatt |
8/5/2021 | $26.00 → $25.00 | Underweight | Morgan Stanley |
8/5/2021 | $38.00 → $35.00 | Buy | Rosenblatt |
4 - Virtu Financial, Inc. (0001592386) (Issuer)
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024: Net income of $119.0 million; Normalized Adjusted Net Income1 of $132.1 millionBasic and diluted earnings per share of $0.65 and $0.64, respectively; Normalized Adjusted EPS1 of $0.82Total revenues of $706.8 million; Trading income, net, of $444.0 million; Net income Margin of 16.8%2
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, will announce its results for the third quarter 2024 on Thursday, October 24, 2024, before the US market open. Virtu will host a conference call to discuss the company's financial results at 8:30 AM (EDT). A live webcast of the event will be available and archived on the Investor Relations section of the company's website at https://ir.virtu.com/events-presentations. The call will be open to the public. About Virtu Financial, Inc
NEW YORK, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, is proud to announce that Trish McMenamin, Chief Compliance Officer, and Leah Goldsberry, EMEA Head of Analytics Client Coverage, have both been recognized at Markets Media's European Women in Finance Awards. Trish McMenamin received the Excellence in Legal and Compliance award for her leadership in transforming Virtu's Dublin-based regulatory program and her collaboration efforts across the global platform and global teams. With
NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, today announced that Virtu's Triton Valor execution management system (EMS) has established direct connectivity to CONNEQTOR, Tokyo Stock Exchange's (TSE) platform for trading exchange traded funds (ETFs). Triton is a global, multi-asset execution management system for trading equities, ETFs, futures, options, FX and fixed income across 700+ brokers and venues for all types of flow–Care, PT, DMA, Algos, RFS and RFQs. Triton is
NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, today announced that Virtu's Triton Valor EMS was awarded best Equity E/OMS at Market Media's European Markets Choice Awards 2024. Triton is a global, multi-asset execution management system for trading equities, ETFs, futures, options, FX and fixed income across 700+ brokers and venues for all types of flow–Care, PT, DMA, Algos, RFS and RFQs. Triton was designed with an active trader in mind and provides technology that assists t
NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the second quarter ended June 30, 2024. Second Quarter 2024: Net income of $128.1 million; Normalized Adjusted Net Income1 of $135.3 millionBasic and diluted earnings per share of $0.71; Normalized Adjusted EPS1 of $0.83Total revenues of $693.0 million; Trading income, net, of $426.4 million; Net income Margin of 18.5%2 Adjusted Net Trading Income1 of $385.1 million Adjusted EBITDA1 of $
NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, is pleased to announce its sponsorship of Maria Costa, a professional equestrian show jumper. Ms. Costa has several equestrian accomplishments in her riding career, including Grand Prix victories and various Nations Cup appearances. She is currently training to represent the United States in Nations Cup competitions in 2024 and future years, the 2026 World Equestrian Games in Aachen, Germany, the 2027 Pan American Games in Barranq
NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, will announce its results for the second quarter 2024 on Thursday, July 18, 2024, before the US market open. Virtu will host a conference call to discuss the company's financial results at 8:30 AM (EDT). A live webcast of the event will be available and archived on the Investor Relations section of the company's website at https://ir.virtu.com/events-presentations. The call will be open to the public. About Virtu Financial, Inc.V
NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT) ("Virtu") announced today that its subsidiaries, VFH Parent LLC (the "Issuer") and Valor Co-Issuer, Inc. (collectively with the Issuer, the "Issuers"), priced their previously announced private offering of $500 million aggregate principal amount of their 7.50% senior first lien notes due 2031 (the "notes") on June 11, 2024. In addition, on June 13, 2024, the Issuer allocated its new senior secured first lien credit facilities consisting of (i) a $1,245 million senior secured first lien term loan facility due 2031 and (ii) a $300 million senior secured first lien revolving credit facility available through 2027
NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT) ("Virtu") announced today that its subsidiaries, VFH Parent LLC (the "Issuer") and Valor Co-Issuer, Inc. (the "Co-Issuer" and, together with the Issuer, the "Issuers"), intend to offer (the "Offering") $500 million aggregate principal amount of senior first lien notes due 2031 (the "notes") in an opportunistic private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The notes will be fully and unconditionally guaranteed on a senior secured first-lien basis by Virtu Financial LLC ("Virtu Financial") and each of Virtu Financial's existing
10-Q - Virtu Financial, Inc. (0001592386) (Filer)
8-K - Virtu Financial, Inc. (0001592386) (Filer)
144 - Virtu Financial, Inc. (0001592386) (Subject)
S-3ASR - Virtu Financial, Inc. (0001592386) (Filer)
10-Q - Virtu Financial, Inc. (0001592386) (Filer)
8-K - Virtu Financial, Inc. (0001592386) (Filer)
8-K - Virtu Financial, Inc. (0001592386) (Filer)
8-K - Virtu Financial, Inc. (0001592386) (Filer)
8-K - Virtu Financial, Inc. (0001592386) (Filer)
8-K - Virtu Financial, Inc. (0001592386) (Filer)
4 - Virtu Financial, Inc. (0001592386) (Issuer)
3 - Virtu Financial, Inc. (0001592386) (Issuer)
4 - Virtu Financial, Inc. (0001592386) (Issuer)
4 - Virtu Financial, Inc. (0001592386) (Reporting)
3 - Virtu Financial, Inc. (0001592386) (Reporting)
4 - Virtu Financial, Inc. (0001592386) (Issuer)
4 - Virtu Financial, Inc. (0001592386) (Issuer)
4 - Virtu Financial, Inc. (0001592386) (Issuer)
4 - Virtu Financial, Inc. (0001592386) (Issuer)
4 - Virtu Financial, Inc. (0001592386) (Issuer)
BofA Securities initiated coverage of Virtu Financial with a rating of Buy and set a new price target of $20.00
Citigroup upgraded Virtu Financial from Neutral to Buy and set a new price target of $20.00
Morgan Stanley upgraded Virtu Financial from Underweight to Equal-Weight and set a new price target of $21.00 from $18.00 previously
Citigroup downgraded Virtu Financial from Buy to Neutral and set a new price target of $22.50
Citigroup initiated coverage of Virtu Financial with a rating of Buy and set a new price target of $26.00
Rosenblatt reiterated coverage of Virtu Financial with a rating of Buy and set a new price target of $40.00 from $38.00 previously
Rosenblatt reiterated coverage of Virtu Financial with a rating of Buy and set a new price target of $38.00 from $35.00 previously
Morgan Stanley reiterated coverage of Virtu Financial with a rating of Underweight and set a new price target of $25.00 from $26.00 previously
Rosenblatt reiterated coverage of Virtu Financial with a rating of Buy and set a new price target of $35.00 from $38.00 previously
Rosenblatt reiterated coverage of Virtu Financial with a rating of Buy and set a new price target of $35.00 from $32.00 previously
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024: Net income of $119.0 million; Normalized Adjusted Net Income1 of $132.1 millionBasic and diluted earnings per share of $0.65 and $0.64, respectively; Normalized Adjusted EPS1 of $0.82Total revenues of $706.8 million; Trading income, net, of $444.0 million; Net income Margin of 16.8%2
NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, will announce its results for the third quarter 2024 on Thursday, October 24, 2024, before the US market open. Virtu will host a conference call to discuss the company's financial results at 8:30 AM (EDT). A live webcast of the event will be available and archived on the Investor Relations section of the company's website at https://ir.virtu.com/events-presentations. The call will be open to the public. About Virtu Financial, Inc
NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the second quarter ended June 30, 2024. Second Quarter 2024: Net income of $128.1 million; Normalized Adjusted Net Income1 of $135.3 millionBasic and diluted earnings per share of $0.71; Normalized Adjusted EPS1 of $0.83Total revenues of $693.0 million; Trading income, net, of $426.4 million; Net income Margin of 18.5%2 Adjusted Net Trading Income1 of $385.1 million Adjusted EBITDA1 of $
NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, will announce its results for the second quarter 2024 on Thursday, July 18, 2024, before the US market open. Virtu will host a conference call to discuss the company's financial results at 8:30 AM (EDT). A live webcast of the event will be available and archived on the Investor Relations section of the company's website at https://ir.virtu.com/events-presentations. The call will be open to the public. About Virtu Financial, Inc.V
NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT) ("Virtu") announced today that its subsidiaries, VFH Parent LLC (the "Issuer") and Valor Co-Issuer, Inc. (collectively with the Issuer, the "Issuers"), priced their previously announced private offering of $500 million aggregate principal amount of their 7.50% senior first lien notes due 2031 (the "notes") on June 11, 2024. In addition, on June 13, 2024, the Issuer allocated its new senior secured first lien credit facilities consisting of (i) a $1,245 million senior secured first lien term loan facility due 2031 and (ii) a $300 million senior secured first lien revolving credit facility available through 2027
NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Virtu Financial Inc. (NASDAQ:VIRT) (the "Company") announced today that it intends to hold one or more meetings with potential investors with respect to a potential opportunistic offering of senior secured first lien notes (the "notes") in a transaction exempt from the registration requirements under the Securities Act of 1933 (the "Offering"), the proceeds of which are expected to be used to repay a portion of the outstanding borrowings under its senior secured first lien term loan facility due 2029. As a result, the Company's overall long-term debt would not be expected to materially change. There can be no assurance that the Company will procee
NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the first quarter ended March 31, 2024. First Quarter 2024: Net income of $111.3 million; Normalized Adjusted Net Income¹ of $124.3 millionBasic and diluted earnings per share of $0.59; Normalized Adjusted EPS¹ of $0.76Total revenues of $642.8 million; Trading income, net, of $408.1 million; Net income Margin of 17.3%² Adjusted Net Trading Income¹ of $366.9 million Adjusted EBITDA¹ of $
NEW YORK, March 27, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, will announce its results for the first quarter 2024 on Wednesday, April 24, 2024, before the US market open. Virtu will host a conference call to discuss the company's financial results at 7:30 AM (EDT). A live webcast of the event will be available and archived on the Investor Relations section of the company's website at https://ir.virtu.com/events-presentations. The call will be open to the public. About Virtu Financial, Inc
NEW YORK, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the fourth quarter ended December 31, 2023. Fourth Quarter and Full Year Selected Highlights Fourth Quarter 2023: Net income of $6.7 million; Normalized Adjusted Net Income1 of $44.1 millionBasic and diluted earnings per share of $0.05; Normalized Adjusted EPS1 of $0.27Total revenues of $536.0 million; Trading income, net, of $266.6 million; Net income Margin of 1.3%2 Adjusted Net Tradi
NEW YORK, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, will announce its results for the fourth quarter 2023 on Thursday, January 25, 2024, before the US market open. Virtu will host a conference call to discuss the company's financial results at 7:30 AM (EST). A live webcast of the event will be available and archived on the Investor Relations section of the company's website at http://ir.virtu.com/events.cfm. The call will be open to the public. About Virtu Financial, Inc.Virtu
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NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
Crestline Summit, the multi-strategy hedge fund division of Crestline Investors, Inc., today announced the appointment of Brian Peller as Chief Operating Officer. In this role, he will oversee middle and back-office operations, legal and compliance, accounting, and technology functions for the division. Peller most recently served as Chief Operating Officer of Alliance Bernstein's Multi-Asset Solutions business for five years. Before this, he was the Chief Operating Officer at Hutchin Hill's QuantOne Group, Chief Operating Officer for Market Making and Head of Business Management at Virtu Financial Knight Capital (NASDAQ:VIRT). "We believe Brian's expertise across asset classes and prio
NEW YORK, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a global market maker, broker and leading provider of global financial services technology, on behalf of RFQ-hub Holdings LLC, today announced the appointment of Colin Pettorsson as Chief Executive Officer of RFQ-hub. Colin brings over 25 years of experience in multi-asset workflow management for the global buy-side and liquidity provider communities. Before joining RFQ-hub as CEO, Pettorsson spent the previous 10 years managing product development for two other well regarded request-for-quote platforms. "We're excited to welcome Colin to lead the RFQ-hub team," said Joseph Molluso, Co-President and Co-Chief
NEW YORK, April 26, 2021 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of financial services and products that leverages cutting-edge technology to deliver innovative, transparent trading solutions to our clients and liquidity to the global markets, today announced that it has appointed Joanne M. Minieri as an independent director, effective immediately. Ms. Minieri brings more than 37 years' experience in senior leadership positions in the real estate and financial services sectors, including professional accounting, and tax and consulting services for both public and private companies. "Virtu's Board will draw on Joanne's established track record
Piper Sandler analyst Patrick Moley maintains Virtu Finl (NASDAQ:VIRT) with a Overweight and raises the price target from $25 to $31.
B of A Securities analyst Craig Siegenthaler maintains Virtu Finl (NASDAQ:VIRT) with a Buy and raises the price target from $25 to $37.
Goldman Sachs analyst Alexander Blostein maintains Virtu Finl (NASDAQ:VIRT) with a Neutral and raises the price target from $22 to $26.
These eleven mid-cap stocks were the best performers in the last week. Are they in your portfolio? Virtu Financial, Inc. (NASDAQ:VIRT) shares jumped 30.04% after reporting better-than-expected Q2 financial results. V.F. Corporation (NYSE:VFC) stock upped 22.38% after the company announced it entered into a Stock and Asset Purchase Agreement to sell its Supreme brand to EssilorLuxottica (OTC: ESLOF) for $1.5 billion in cash. Several analysts raised their price forecasts on VFC. New Fortress Energy Inc. (NASDAQ:NFE) shares grew 20.19% after the company announced that it achieved First LNG for its initial Fast LNG asset located offshore Altamira, Mexico. Riot Platforms Inc (NASDAQ:
Citigroup analyst Christopher Allen maintains Virtu Finl (NASDAQ:VIRT) with a Buy and raises the price target from $26 to $32.
In the last three months, 6 analysts have published ratings on Virtu Finl (NASDAQ:VIRT), offering a diverse range of perspectives from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 3 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 2 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $24.62, a high estimate of $31
Piper Sandler analyst Patrick Moley maintains Virtu Finl (NASDAQ:VIRT) with a Overweight and raises the price target from $25 to $31.
It’s another risk-off day on Wall Street, with all major U.S. indices trading in the red. The CBOE Volatility Index (VIX), often referred to as the market’s fear gauge, spiked over 10%, reaching levels last seen in late April. Both the S&P 500 and the Nasdaq 100 indices declined by 0.6%, while the Dow Jones Industrial Average fell 0.7%, potentially ending a streak of six consecutive positive sessions. Small-cap stocks also succumbed to the broader negative sentiment, with the Russell 2000 index dropping 0.7%. Chicago Fed President Austan Goolsbee, a known “dove” on the board, expressed optimism about progress on inflation and the U.S. economy’s resilience in avoiding a recession. He
Shares of Domino’s Pizza, Inc. (NYSE:DPZ) fell sharply during Thursday's session after the company reported mixed quarterly results. The company reported second-quarter FY24 sales growth of 7.1% year-on-year to $1.097 billion, missing the analyst consensus estimate of $1.103 billion. The company is temporarily suspending its guidance metric of 1,100+ global net stores growth until the full effect of DPE's store opens and closures on international net store growth are known. Domino’s Pizza shares dipped 11.2% to $420.36 on Thursday. Here are some other stocks moving in today’s mid-day session. Gainers Onconetix, Inc. (NASDAQ:ONCO) climbed 97.6% to $0.2944. On July 15, Oncon
Virtu Financial, Inc. (NASDAQ:VIRT) shares are trading higher after the company reported better-than-expected second-quarter financial results. The company registered adjusted earnings per share of 83 cents, beating the street view of 60 cents. Quarterly adjusted net trading income totaled $385.08 million, beating the analyst consensus of $331.57 million. Virtu reported an adjusted EBITDA of $217.5 million, with an adjusted EBITDA margin of 56.5%. Total revenues increased 36.7% to $693.0 million for this quarter, compared to $506.9 million for the same period in 2023. Also Read: Apple, Nvidia Supplier TSMC Reports Strong Q2 Results Amid Booming Demand For AI Chips, Guides Q3