Robert A. Virtue, CEO at VIRCO MFG CORPORATION (VIRC), bought 4,300 shares at $6.16 ($27K) on 2026-06-11, disclosed to the SEC on 2026-06-15.
CEO Robert A. Virtue purchased $15,400 worth of shares at $6.16, marking the largest purchase of his career and signaling confidence in the stock's value. This rare reversal comes as the stock trades near a 52-week low, potentially indicating a bottoming opportunity.
The stock is currently trading at $6.28, a 2.36% gain over the last 5 days but down 20.71% over the past year, placing it 30.88% below its 52-week high of $9.09.
1) Q2 2026 Earnings Miss: The company reported a -16.67% earnings surprise and -19.08% revenue miss on September 5, 2025, setting up the next print for potential recovery. 2) Upcoming Dividend: Shareholders are due to receive a dividend payment of $0.025 per share on January 9, 2026. 3) Insider Cluster: Douglas Virtue purchased 1.9% more shares on April 18, 2026, adding to the insider buying momentum.
The stock faces significant downside risk as it is down 9.6% over the last three months and has underperformed the broader market over the past year. Additionally, the company's forward P/E of 3.44 suggests the market has already priced in significant pessimism.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $6.16 | 2,500 | $15K | 57.6% |
| 2 | $6.31 | 1,800 | $11K | 42.4% |
| Total | $6.22 avg | 4,300 | $27K | 100% |
| Filing → |
| VIRC | BUY | 2026-01-13 | $16K | — | Filing → |
| VIRC | BUY | 2025-10-16 | $35K | — | Filing → |
| VIRC | BUY | 2025-07-15 | $16K | — | Filing → |