VIRC CEO Robert A Virtue bought 4,300 shares for $26,758 (blended $6.22); stock now $6.50, -28.4% from 52-week high.
Robert A Virtue, CEO of VIRCO MFG CORPORATION, purchased 2 separate tranches totaling 4,300 shares on 2026-06-11 at an average price of $6.22, adding 0.9% to his 501.8K-share position. The company is facing significant headwinds: annual revenue declined 25.0%, the latest quarter generated a net loss of $-2.8M on revenue of $30.7M, and the stock trades at a P/E of 40.62 while down 28.4% from its 52-week high of $9.08. His prior trades at VIRC show a concerning pattern: 5 prior buys with 0 of 2 measurable outcomes well-timed at the 90-day horizon, including declines of -7.4% and -9.3% in two completed cycles. The current 30-day and 90-day price moves (+7.8% and +3.8%, respectively, since transaction date) remain provisional, but the historical record at this ticker does not support confidence in the timing of his purchases here.