Virtu Financial

Virtu Financial’s stock climbed to an all-time high of $68.08, gaining 61.26% over the past year and delivering a year-to-date return of 85.6% in 2026. For the second quarter the company reported adjusted earnings of $1.82 per share and revenue of $949 million, both above expectations. Five analysts raised their earnings estimates, while InvestingPro rates the stock slightly above its fair value. According to Bloomberg, Virtu is exploring the sale of its brokerage unit for more than $3.5 billion, which could signal a strategic realignment. » Mere på de.investing.com

Virtu Financial has launched a notional order-execution feature for 10b-18 stock buybacks that enables execution based on a fixed dollar amount rather than a share quantity. Notional orders can be charged with or without commission and are supported across four algorithms: VWAP/TWAP, POV, FAN Aggressive and Passive, and Covert Aggressive. An internal Truist analysis rates Virtu’s execution ahead of a competitor on benchmark performance and executed notional value. Virtu emphasizes increased precision, transparency and flexibility for clients implementing buyback programs. » Mere på de.investing.com

Artisan Small Cap Fund increased its stake in Virtu Financial, citing a strong technology-enabled market-making franchise, scalable multi-asset platform and disciplined risk model. The fund highlighted management's strategic moves under the new CEO to expand products and geographies, and expects market-share gains and growth in execution services, options, ETF block trading and crypto. Artisan believes these initiatives should drive a company-specific profit cycle that will become clearer in a more supportive market environment. » Mere på finance.yahoo.com