VIRT - Virtu Financial, Inc.
| Previous Close | 25.63 |
| Open | 25.75 |
| Bid | 25.84 x 1200 |
| Ask | 27.00 x 900 |
| Day's Range | 25.41 - 26.54 |
| 52 Week Range | 14.98 - 37.85 |
| Volume | 1,089,980 |
| Avg. Volume | 1,104,950 |
| Market Cap | 5.003B |
| Beta (3Y Monthly) | -1.56 |
| PE Ratio (TTM) | 11.97 |
| EPS (TTM) | 2.21 |
| Earnings Date | Feb 6, 2019 - Feb 11, 2019 |
| Forward Dividend & Yield | 0.96 (3.92%) |
| Ex-Dividend Date | 2018-11-29 |
| 1y Target Est | 28.38 |
- CNBC Videos•2 days ago
Expect volatility to continue for a while, Virtu CEO says
Doug Cifu, CEO and co-founder of Virtu Financial, discusses what is causing the volatility in the market.
- Bloomberg•4 days ago
Mark Cuban Exits the High-Frequency Trading Game He Hated Anyway
The Dallas Mavericks owner recently sold his stake in Virtu Financial Inc., he wrote in an email to Bloomberg News. Virtu’s shares surged after his investment came to light, even as the stock market tanked, peaking above $37 in April. Cuban exited Virtu as he shifts his portfolio toward cash as the stock market tanks.
- Zacks•4 days ago
SYF vs. VIRT: Which Stock Is the Better Value Option?
SYF vs. VIRT: Which Stock Is the Better Value Option?
- Bloomberg•4 days ago
High-Speed Trader Virtu Financial Aims to Prove It’s No ‘Bogeyman’
Virtu, originally founded to trade with its own money, agreed last week to buy Investment Technology Group Inc., a broker-dealer that executes trades for more more than 1,000 firms, including mutual, pension and hedge funds. The ITG deal, valued at about $1 billion, has caused some to worry that Virtu, one of modern finance’s most successful traders, will snoop on its soon-to-be clients’ orders, leveraging that knowledge to place winning trades before they do. Virtu denies it’ll do that and says it will erect barriers to keep those businesses separate and assuage critics’ concerns.
- Moody's•4 days ago
VFH Parent LLC -- Moody's Affirms Virtu at Ba3 and Maintains Stable Outlook
Moody's Investors Service (Moody's) today affirmed VFH Parent LLC's Ba3 issuer rating, Ba2 senior secured first lien term loan rating and B1 senior secured second lien notes rating. VFH Parent LLC (Virtu) is the debt-issuing entity of Virtu Financial, Inc. (VFI). Moody's said that Virtu's issuer-level outlook remains stable.
- GlobeNewswire•6 days ago
MERGER ALERT – ARRS, RDC and ITG: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
NEW YORK, Nov. 12, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
- GlobeNewswire•9 days ago
MERGER ALERT – NFX, FPBF and ITG: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies
NEW YORK, Nov. 08, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
Markit•10 days agoSee what the IHS Markit Score report has to say about Virtu Financial Inc.
Virtu Financial Inc NASDAQ/NGS:VIRT
- The Wall Street Journal•10 days ago
[$$] Virtu Financial to Buy Brokerage ITG in Almost $1 Billion Deal
Virtu Financial Inc. is buying brokerage Investment Technology Group Inc. for nearly $1 billion in a deal it said would help stabilize its quarterly earnings results. The terms of the acquisition call for the high-speed trading firm to purchase ITG for $30.30 a share, or about $999.6 million. On Wednesday, it settled an enforcement case with the Securities and Exchange Commission over fraud allegations related to its so-called dark pool.
- Thomson Reuters StreetEvents•10 days ago
Edited Transcript of VIRT earnings conference call or presentation 7-Nov-18 12:30pm GMT
Q3 2018 Virtu Financial Inc Earnings Call
- PR Newswire•10 days ago
INVESTMENT TECHNOLOGY GROUP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Investment Technology Group, Inc. - ITG
NEW ORLEANS , Nov. 7, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale ...
- Bloomberg•10 days ago
Virtu to Buy ITG for $1 Billion to Add Institutional Clients
Virtu’s $1.3 billion acquisition of rival high-frequency trader KCG Holdings Inc. last year gave it a business that executes orders for retail brokerages. “ITG has built a first-class global institutional client franchise,” Virtu Chief Executive Officer Douglas Cifu said. Competition in the proprietary trading space is intensifying, with Hudson River Trading buying Sun Trading earlier this year.
- PR Newswire•11 days ago
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Investment Technology Group, Inc.
NEW YORK , Nov. 7, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Investment Technology Group, Inc. ("ITG") (NYSE: ITG) and its board of directors for breach of ...
- Insider Monkey•11 days ago
Apple, Netflix, Etsy, and More: Why These Stocks Are in the Spotlight
Although the Republicans added to their majority in the Senate, we officially have more checks in our government after the Democrats won control of the House of Representatives on Tuesday. Given the importance of the government to the stock market, several equities, as well as several other stocks, including Netflix Inc. (NASDAQ:NFLX), Apple Inc. (NASDAQ:AAPL), Virtu Financial Inc. […]
- TheStreet.com•11 days ago
ITG Stock Soars After Virtu Agrees to Buy It for Almost $1 Billion
were up around 8% Wednesday, after word the financial technology company was getting snapped up by Virtu Financial, Inc. Shares of Virtu were also up on the news -- by more than 7% -- to $26.40. According to the deal, Virtu will buy all outstanding shares of ITG's common stock for $30.30 per share in cash.
- GlobeNewswire•11 days ago
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Investment Technology Group, Inc. to Virtu Financial, Inc. is Fair to Shareholders
NEW YORK, Nov. 07, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Investment Technology Group, Inc..
- Reuters•11 days ago
Virtu Financial to buy independent brokerage ITG for $1 billion
(Reuters) - High-speed trading firm Virtu Financial Inc is buying independent brokerage Investment Technology Group Inc (ITG) (ITG.N) for about $1 billion, ITG said on Wednesday as Virtu looks to add more ...
- Reuters•11 days ago
Virtu Financial to buy independent brokerage ITG for $1 bln
High-speed trading firm Virtu Financial Inc is buying independent brokerage Investment Technology Group Inc for about $1 billion, ITG said on Wednesday as Virtu looks to add more big institutional investors. ...
- Barrons.com•11 days ago
Virtu Financial Moves Further Into Trading for Institutional Investors With $1 Billion Deal for ITG
Virtu Financial has agreed to acquire Investment Technology Group for $1 billion, cementing the electronic proprietary trader’s ambition to expand into broking.
- The Wall Street Journal•11 days ago
[$$] Stocks to Watch: Zillow, Etsy, Match, Papa John's, Twilio, Virtu Financial
Here are some of the companies with shares expected to trade actively in Wednesday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
- Zacks•11 days ago
Virtu Financial (VIRT) Q3 Earnings and Revenues Surpass Estimates
Virtu Financial (VIRT) delivered earnings and revenue surprises of 4.76% and 4.50%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
- MarketWatch•11 days ago
ITG's stock surges after $1 billion buyout deal with Virtu Financial
Shares of Investment Technology Group Inc. shot up 7.6% in premarket trade Wednesday, after the financial technology company announced an agreement to be acquired by Virtu Financial Inc. in a deal that values the company at about $1 billion. Under terms of the deal, Virtu will pay $30.30 in cash for each ITG share outstanding, which is 9.2% above Tuesday's closing price of $27.75, and implies a market capitalization for ITG of $999.6 million. Virtu's stock rallied 5.5% ahead of the open. Separately, ITG reported third-quarter earnings and revenue that beat expectations, according to FactSet, while Virtu met earnings projections but beat on revenue. ITG's stock has run up 27.5% over the past three months and Virtu shares have gained 3.1%, while the S&P 500 has lost 3.6%.
- Financial Times•11 days ago
[$$] Virtu Financial in $1bn deal for US agency broker ITG
, the US electronic market maker, has agreed a deal to buy rival agency broker ITG for $1bn in cash, as the fragmented trading industry consolidates to combat rising IT costs. Virtu will pay $30.30 per share in cash for ITG, a 40 per cent premium to ITG’s share price before news of the potential deal leaked into the market, it said in a statement on Wednesday. Doug Cifu, Virtu’s chief executive, will become chief executive of the combined company.
- Associated Press•11 days ago
Virtu Financial: 3Q Earnings Snapshot
On a per-share basis, the New York-based company said it had net income of 8 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 22 cents per share. The results surpassed Wall ...
- GlobeNewswire•11 days ago
Virtu Financial, Inc. Agrees to Acquire ITG, a Leading Provider of Agency Execution Services and Trading Analytics
Virtu Financial, Inc. (VIRT) today announced that it has entered into a definitive agreement to acquire Investment Technology Group, Inc. (ITG), which has been unanimously approved by the Board of Directors of ITG and Virtu. Virtu has agreed to acquire ITG in a cash transaction valued at $30.30 per ITG share.
