W. Howard Morris, Director at VIRTUS INVESTMENT PARTNERS, INC. (VRTS), bought 4,050 shares at $129.62 ($524K) on 2026-03-12, disclosed to the SEC on 2026-03-16.
Director W. Howard Morris purchased 1,900 shares at $129.62, marking the largest purchase of his career. This move comes as the stock has dropped 27.64% over the last year, potentially signaling a contrarian bet on the asset manager's recovery.
The stock is currently trading at $125.42, down 5.17% over the past week and 27.64% over the last year. It is trading 41.68% below its 52-week high of $215.06 but just 0.58% above its 52-week low of $124.70.
Director W. Howard Morris executed the largest purchase of his career, buying 1,900 shares on March 12, 2026. Investors should monitor the Q1 2026 earnings results reported on May 1, 2026, which showed earnings lagging estimates by -3.18%. Analysts estimate a decline in earnings for the upcoming report, as noted in the April 24, 2026, article.
The stock faces pressure from net outflows and market headwinds, as highlighted in the May 2, 2026, earnings call. Additionally, the stock is a net seller over the last 90 days with a net buyer flow of -1.0, and short interest covers 7.52% of the float.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $129.23 | 150 | $19K | 3.7% |
| 2 | $129.35 | 2,000 | $259K | 49.3% |
| 3 | $129.62 | 1,900 | $246K | 47.0% |
| Total | $129.47 avg | 4,050 | $524K | 100% |
| Filing → |
| OC | SELL | 2024-11-14 | $43K | — | Filing → |
| OC | SELL | 2024-08-15 | $261K | — | Filing → |
| OC | SELL | 2023-11-07 | $43K | — | Filing → |