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Robert A. Virtue, CEO of VIRCO MFG CORPORATION (NASDAQ:VIRC), recently purchased 2,000 shares of the company’s common stock at $8.15 per share, according to a Form 4 filing with the Securities and Exchange Commission. The total value of the purchase was $16,300. This insider purchase comes as the stock trades at an attractive P/E ratio of 6.3x and near its 52-week low. InvestingPro analysis indicates the stock is currently undervalued, with the company maintaining a "GREAT" overall financial health score.
The transaction, which took place on July 14, 2025, increased Virtue’s direct ownership in VIRCO MFG CORPORATION to 488,324 shares. InvestingPro data reveals this insider buying aligns with management’s aggressive share repurchase strategy, with 6 additional exclusive insights available to subscribers.
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