Key Points
- Director Ondrej Vlcek sold 113,674 shares on Dec. 10 at an average price of $27.12 for roughly $3.08M, trimming his position by 2.81% to 3,932,980 shares.
- Gen Digital slightly beat the quarter with $0.62 EPS vs. $0.61 expected and $1.22B revenue (up 25.3% YoY), and guided FY2026 EPS to $2.51–$2.56 while sporting a market cap of about $17.06B and a P/E around 30.
- The company pays a quarterly dividend of $0.125 (annualized $0.50, yield ~1.8%), has institutional ownership of ~81.4%, and carries a consensus analyst rating of Hold with an average target of $35.43.
Gen Digital Inc. (NASDAQ:GEN - Get Free Report) Director Ondrej Vlcek sold 113,674 shares of the firm's stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $27.12, for a total value of $3,082,838.88. Following the transaction, the director owned 3,932,980 shares in the company, valued at approximately $106,662,417.60. This represents a 2.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Gen Digital Stock Performance
GEN stock opened at $27.67 on Friday. The company has a debt-to-equity ratio of 3.43, a current ratio of 0.51 and a quick ratio of 0.51. Gen Digital Inc. has a 1-year low of $22.74 and a 1-year high of $32.22. The business has a 50-day moving average price of $26.68 and a 200 day moving average price of $28.62. The company has a market capitalization of $17.06 billion, a P/E ratio of 30.08, a PEG ratio of 0.92 and a beta of 1.11.
Gen Digital (NASDAQ:GEN - Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.61 by $0.01. Gen Digital had a net margin of 12.74% and a return on equity of 57.09%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the business posted $0.54 EPS. The company's quarterly revenue was up 25.3% compared to the same quarter last year. Gen Digital has set its FY 2026 guidance at 2.510-2.56 EPS and its Q3 2026 guidance at 0.620-0.64 EPS. As a group, equities research analysts forecast that Gen Digital Inc. will post 2.05 EPS for the current fiscal year.
Gen Digital Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th were issued a dividend of $0.125 per share. The ex-dividend date was Monday, November 17th. This represents a $0.50 dividend on an annualized basis and a yield of 1.8%. Gen Digital's dividend payout ratio is currently 54.35%.
Institutional Investors Weigh In On Gen Digital
Several institutional investors have recently added to or reduced their stakes in GEN. True Wealth Design LLC increased its holdings in shares of Gen Digital by 92.0% during the third quarter. True Wealth Design LLC now owns 1,104 shares of the company's stock valued at $31,000 after acquiring an additional 529 shares in the last quarter. Spire Wealth Management grew its position in Gen Digital by 1,183.3% during the 3rd quarter. Spire Wealth Management now owns 1,078 shares of the company's stock worth $31,000 after purchasing an additional 994 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new position in Gen Digital during the 2nd quarter valued at approximately $32,000. Clearstead Advisors LLC raised its holdings in shares of Gen Digital by 48.6% in the third quarter. Clearstead Advisors LLC now owns 1,223 shares of the company's stock worth $35,000 after buying an additional 400 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Gen Digital during the second quarter worth $44,000. Institutional investors and hedge funds own 81.38% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on the company. Jefferies Financial Group assumed coverage on Gen Digital in a report on Friday, October 3rd. They issued a "hold" rating and a $31.00 price target on the stock. Evercore ISI raised their price objective on Gen Digital from $35.00 to $37.00 and gave the company an "outperform" rating in a research report on Friday, November 7th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Gen Digital in a report on Wednesday, October 8th. Wall Street Zen raised shares of Gen Digital from a "hold" rating to a "buy" rating in a research report on Sunday, October 12th. Finally, Morgan Stanley lifted their price objective on shares of Gen Digital from $25.00 to $32.00 and gave the stock an "equal weight" rating in a research report on Tuesday, September 2nd. Three equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Gen Digital currently has a consensus rating of "Hold" and an average target price of $35.43.
View Our Latest Research Report on Gen Digital
About Gen Digital
(
Get Free Report)
Gen Digital Inc engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats.
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