Bank of New York Mellon Corp raised its stake in VirnetX Holding Co. (NYSEAMERICAN:VHC) by 31.5% during the second quarter, Holdings Channel reports. The institutional investor owned 277,236 shares of the technology company’s stock after acquiring an additional 66,331 shares during the period. Bank of New York Mellon Corp’s holdings in VirnetX were worth $942,000 at the end of the most recent quarter.
NYSEAMERICAN VHC opened at $3.92 on Thursday. VirnetX Holding Co. has a 12 month low of $2.10 and a 12 month high of $6.00.
VirnetX (NYSEAMERICAN:VHC) last released its quarterly earnings results on Thursday, August 9th. The technology company reported ($0.10) EPS for the quarter. VirnetX had a negative net margin of 947.20% and a negative return on equity of 363.12%. The company had revenue of $0.02 million during the quarter.
VirnetX Holding Corporation, through its subsidiary VirnetX, Inc, operates as an Internet security software and technology company in the United States and internationally. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure real-time communications over the Internet, as well as enable organizations and individuals to establish communities of secure, registered users, and transmit information between various devices, networks, and operating systems.
Featured Article: 52-Week High/Low Prices For Stock Selection
Want to see what other hedge funds are holding VHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VirnetX Holding Co. (NYSEAMERICAN:VHC).
Receive News & Ratings for VirnetX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VirnetX and related companies with MarketBeat.com's FREE daily email newsletter.