Key Points
- CFO sale: Gen Digital CFO Natalie Marie Derse sold 794 shares at an average price of $23.62 for proceeds of about $18,754, and still directly owns 456,678 shares (a 0.17% reduction, valued ~ $10.79M).
- Earnings & guidance: The company reported $0.64 EPS (beating estimates by $0.01) and $1.24B revenue, up 25.8% YoY, and set Q4 2026 guidance of $0.640–0.660 and FY2026 guidance of $2.540–2.560 EPS.
- Dividend announced: Gen Digital declared a $0.125 quarterly dividend (annualized $0.50, ~2.2% yield) with an ex-dividend date of Feb 13 and payment on March 11; payout ratio is ~51.6%.
Gen Digital Inc. (NASDAQ:GEN - Get Free Report) CFO Natalie Marie Derse sold 794 shares of the business's stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $23.62, for a total value of $18,754.28. Following the transaction, the chief financial officer directly owned 456,678 shares in the company, valued at approximately $10,786,734.36. This represents a 0.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Gen Digital Trading Up 0.4%
GEN traded up $0.08 during trading on Friday, reaching $22.42. The company had a trading volume of 1,546,181 shares, compared to its average volume of 6,141,999. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 3.50. The business has a 50 day simple moving average of $25.66 and a 200-day simple moving average of $27.27. The stock has a market cap of $13.58 billion, a P/E ratio of 23.09, a PEG ratio of 0.77 and a beta of 1.09. Gen Digital Inc. has a 52 week low of $22.14 and a 52 week high of $32.22.
Gen Digital (NASDAQ:GEN - Get Free Report) last announced its earnings results on Thursday, February 5th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.01. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.23 billion. Gen Digital had a net margin of 12.76% and a return on equity of 56.76%. The business's revenue for the quarter was up 25.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.56 earnings per share. Gen Digital has set its Q4 2026 guidance at 0.640-0.660 EPS and its FY 2026 guidance at 2.540-2.560 EPS. On average, equities analysts anticipate that Gen Digital Inc. will post 2.05 EPS for the current fiscal year.
Gen Digital Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Monday, February 16th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.50 annualized dividend and a yield of 2.2%. Gen Digital's dividend payout ratio (DPR) is presently 51.55%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on GEN shares. Weiss Ratings reiterated a "hold (c+)" rating on shares of Gen Digital in a report on Thursday, January 22nd. Royal Bank Of Canada reduced their target price on Gen Digital from $33.00 to $29.00 and set a "sector perform" rating on the stock in a research note on Friday, November 7th. Barclays lowered their target price on shares of Gen Digital from $33.00 to $32.00 and set an "equal weight" rating for the company in a research note on Friday, February 6th. Zacks Research upgraded shares of Gen Digital from a "strong sell" rating to a "hold" rating in a report on Wednesday. Finally, Wall Street Zen upgraded shares of Gen Digital from a "hold" rating to a "buy" rating in a report on Sunday, February 8th. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Gen Digital currently has an average rating of "Hold" and a consensus price target of $35.29.
Check Out Our Latest Research Report on GEN
Hedge Funds Weigh In On Gen Digital
Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Gen Digital by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 73,310,110 shares of the company's stock worth $1,993,302,000 after acquiring an additional 1,096,313 shares during the period. State Street Corp lifted its position in shares of Gen Digital by 3.4% in the 3rd quarter. State Street Corp now owns 30,558,806 shares of the company's stock worth $867,565,000 after purchasing an additional 1,015,755 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Gen Digital by 2.2% during the third quarter. Ameriprise Financial Inc. now owns 22,961,310 shares of the company's stock valued at $651,867,000 after purchasing an additional 487,393 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Gen Digital by 22.3% during the fourth quarter. First Trust Advisors LP now owns 19,941,546 shares of the company's stock valued at $542,211,000 after purchasing an additional 3,640,451 shares in the last quarter. Finally, Boston Partners raised its stake in Gen Digital by 14.3% in the fourth quarter. Boston Partners now owns 15,644,289 shares of the company's stock worth $425,336,000 after buying an additional 1,954,712 shares in the last quarter. Institutional investors own 81.38% of the company's stock.
About Gen Digital
(
Get Free Report)
Gen Digital (NASDAQ: GEN) is a global cybersecurity company specializing in consumer- and small-business-focused security, privacy, and identity protection solutions. The company offers a suite of products designed to safeguard devices, networks, and personal information against malware, ransomware, phishing attacks and other digital threats. With a focus on user-friendly interfaces and cross-platform compatibility, Gen Digital develops antivirus software, VPN services, parental controls, password management tools, and comprehensive identity-theft monitoring services.
Gen Digital traces its origins to the consumer software division of Symantec Corporation, which was spun off in late 2019 under the NortonLifeLock name.
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