<div id="readability-page-1"><p>Virco Manufacturing Corporation (NASDAQ:VIRC - Get Free Report) CEO Robert Virtue purchased 2,500 shares of Virco Manufacturing stock in a transaction dated Tuesday, January 13th. The stock was bought at an average price of $6.32 per share, with a total value of $15,800.00. Following the completion of the transaction, the chief executive officer owned 495,824 shares of the company's stock, valued at $3,133,607.68. This represents a 0.51% increase in their position. The acquisition was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available at this hyperlink.</p><div><p><span></span><span>Get <strong>Virco Manufacturing</strong> alerts:</span></p></div><h2>Virco Manufacturing Stock Performance</h2><p>Shares of NASDAQ:VIRC traded down $0.19 during midday trading on Tuesday, reaching $6.32. 49,367 shares of the company traded hands, compared to its average volume of 45,009. The firm's fifty day moving average price is $6.74 and its two-hundred day moving average price is $7.50. The firm has a market capitalization of $99.60 million, a price-to-earnings ratio of 23.41 and a beta of 0.22. The company has a quick ratio of 1.80, a current ratio of 3.98 and a debt-to-equity ratio of 0.03. Virco Manufacturing Corporation has a 12 month low of $6.01 and a 12 month high of $12.09. </p><p>Virco Manufacturing (NASDAQ:VIRC - Get Free Report) last issued its earnings results on Monday, December 8th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.47 by ($0.55). Virco Manufacturing had a return on equity of 3.33% and a net margin of 1.91%.The company had revenue of $47.64 million during the quarter, compared to the consensus estimate of $85.90 million.  On average, equities analysts expect that  Virco Manufacturing Corporation will post 1.54 earnings per share for the current year. </p><h2>Virco Manufacturing Dividend Announcement</h2><p>The company also recently disclosed a quarterly dividend, which was paid on Friday, January 9th. Investors of record on Friday, December 19th were paid a dividend of $0.025 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.10 annualized dividend and a yield of 1.6%. Virco Manufacturing's payout ratio is currently 37.04%. </p><h2>Analysts Set New Price Targets</h2><p>Several research analysts have commented on VIRC shares. Wall Street Zen downgraded shares of Virco Manufacturing from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Saturday, December 13th. Weiss Ratings  reissued a &#34;hold (c-)&#34; rating on shares of Virco Manufacturing in a research note on Monday, December 29th. Two research analysts have rated the stock with a Hold rating,  Based on data from MarketBeat, the company  has an average rating of &#34;Hold&#34;.</p><p><b>Get Our Latest Analysis on VIRC</b></p><h2>Institutional Investors Weigh In On Virco Manufacturing</h2><p>A number of hedge funds have recently made changes to their positions in the business. Acadian Asset Management LLC raised its position in  Virco Manufacturing by 1.8% in the 2nd quarter. Acadian Asset Management LLC now owns 420,776 shares of the company's stock worth $3,355,000 after purchasing an additional 7,504 shares during the period.  Goldman Sachs Group Inc. grew its stake in shares of  Virco Manufacturing by 9.5% during the first quarter. Goldman Sachs Group Inc. now owns 62,829 shares of the company's stock valued at $594,000 after buying an additional 5,436 shares during the last quarter.  Los Angeles Capital Management LLC increased its holdings in shares of  Virco Manufacturing by 68.5% in the second quarter. Los Angeles Capital Management LLC now owns 118,449 shares of the company's stock worth $945,000 after buying an additional 48,135 shares during the period.  North Star Investment Management Corp. increased its holdings in shares of  Virco Manufacturing by 14.1% in the second quarter. North Star Investment Management Corp. now owns 129,175 shares of the company's stock worth $1,031,000 after buying an additional 16,000 shares during the period.  Finally, Bastion Asset Management Inc. lifted its stake in shares of  Virco Manufacturing by 12.6% in the 2nd quarter. Bastion Asset Management Inc. now owns 290,885 shares of the company's stock valued at $2,321,000 after acquiring an additional 32,656 shares during the last quarter. 30.97% of the stock is currently owned by institutional investors. </p><h2>About Virco Manufacturing</h2> (Get Free Report)<p>Virco Manufacturing Corporation <span>NASDAQ: VIRC<span></span></span> is a leading American manufacturer of furniture, primarily serving the K-12 education market. Headquartered in Torrance, California, the company designs, produces and distributes a comprehensive range of classroom seating, student desks, tables and educational workstations. Over several decades, Virco has built a reputation for durable, cost-effective solutions tailored to the needs of schools, colleges and other institutional customers.  </p><p>The company's product portfolio includes molded plastic and wood-seat student chairs, modular and fixed-height desks, multi-purpose tables, computer furniture, laboratory stools and teacher furnishings.</p><h2>Read More</h2><ul><li>Five stocks we like better than Virco Manufacturing</li><li>Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>A U.S. “birthright” claim worth trillions - activated quietly</li><li>This stock gets a 94 out of 100</li><li>First Time Since 2007: All Warnings Active</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Virco Manufacturing Right Now?</h2><p>Before you consider Virco Manufacturing, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Virco Manufacturing wasn't on the list.</p><p>While Virco Manufacturing currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

VIRC

<p>Virco Manufacturing CEO Robert Virtue purchased 2,500 shares of the company's stock at an average price of $6.32 per share, totaling $15,800. Following this acquisition, he owns 495,824 shares valued at approximately $3.13 million, marking a 0.51% increase in his position. The transaction was disclosed to the SEC. Virco's stock recently traded at $6.32, with a market cap of $99.60 million. The company reported a quarterly EPS of ($0.08), missing estimates, and announced a quarterly dividend of $0.025 per share.</p>

Robert Virtue Buys 2,500 Shares of Virco Manufacturing (NASDAQ:VIRC) Stock