Bradley Richardson Acquires Shares of Virco Mfg. Corporation

Bradley Richardson, an insider at Virco Mfg. Corporation, purchased 12,096 shares of the company on June 16, 2026. The shares were bought at an average price of $6.20 each, amounting to a total transaction value of $74,995.20.

What Changed in Bradley Richardson's Virco Mfg. Corporation Position

Richardson's acquisition of 12,096 shares marks a significant purchase as he increases his stake in Virco Mfg. Corporation. This transaction was not part of a pre-planned trading program, indicating a personal decision to buy shares at this time.

Other Institutional Activity in Virco Mfg. Corporation

Several institutional investors have also adjusted their positions in Virco Mfg. Corporation. Minerva Advisors LLC grew its holdings by 69,254 shares, bringing its total to 1,517,452 shares valued at approximately $9.29 million. Dimensional Fund Advisors LP reduced its position by 69,519 shares, ending with 684,378 shares worth about $4.19 million. BlackRock, Inc. slightly trimmed its stake by 8,054 shares to hold 638,361 shares valued at $3.91 million. Vanguard Capital Management LLC established a new position with 547,474 shares, valued at around $3.35 million. American Century Companies Inc decreased its holdings by 53,923 shares, resulting in a total of 455,666 shares worth $2.79 million.

Virco Mfg. Corporation Stock Up 3.7%

Shares of NasdaqGM:VIRC traded near $6.13. Virco Mfg. Corporation has a market capitalization of approximately $97.5 million and a forward P/E ratio of 3.52. The stock's 52-week range is between $5.16 and $9.09, with a 50-day moving average of $6.02 and a 200-day moving average of $6.65. The company has a current ratio of 2.71 and a quick ratio of 0.62, with a debt-to-equity ratio of 37.85.

Recent Earnings

Virco Mfg. Corporation reported revenues of $196.59 million, although revenue growth showed a decline of 9.1%. The company posted a net margin of -0.48% and a return on equity of -0.90%. The next earnings report is expected on September 4, 2026.

Dividend

Virco Mfg. Corporation offers a dividend rate of $0.10 per share, yielding about 1.61%. The dividend payout ratio stands at 62.5%.

Insider Buying and Selling at Virco Mfg. Corporation

On June 16, 2026, multiple insiders purchased shares of Virco Mfg. Corporation. Agnieszka Winkler and Robert Lind each bought 8,064 shares at $6.20 per share. Craig Levra acquired 6,048 shares at $6.19 per share. CEO Robert Virtue purchased 4,300 shares on June 11, 2026, at an average price of $6.22. Douglas Virtue, Executive Vice President, bought 1,314 shares at $6.00 on June 9, 2026.

Analysts Set New Price Targets

Freedom Broker downgraded Virco Mfg. Corporation to a 'hold' rating with a price target of $6.50 on June 4, 2026. The consensus among analysts is a 'hold' recommendation with a mean price target of $6.50.

About Virco Mfg. Corporation

Virco Mfg. Corporation, based in Torrance, California, designs and manufactures furniture for educational and commercial markets in the United States and Canada. The company provides a wide range of products, including seating, tables, desks, and storage solutions. Founded in 1950, Virco serves schools, convention centers, government facilities, and more.

Bottom Line

Bradley Richardson's recent purchase of Virco Mfg. Corporation shares reflects ongoing insider interest in the company. Investors often watch insider transactions as a potential indicator of confidence in the company's future. It's important to remember that this insider transaction is part of past filings and might not reflect his current holdings.