Gen Digital Inc (NASDAQ: GEN) is 5.22% higher on its value in year-to-date trading and has touched a low of $22.74 and a high of $31.72 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GEN stock was last observed hovering at around $28.97 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $28.81, the stock is 8.21% and 9.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.81 million and changing -0.55% at the moment leaves the stock 5.68% off its SMA200. GEN registered 17.40% gain for a year compared to 6-month loss of -5.63%.
The stock witnessed a 18.56% gain in the last 1 month and extending the period to 3 months gives it a 3.93%, and is -0.35% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.99% over the week and 2.58% over the month.
Gen Digital Inc (GEN) has around 3500 employees, a market worth around $17.87B and $3.94B in sales. Current P/E ratio is 27.96 and Fwd P/E is 10.25. Profit margin for the company is 16.34%. Distance from 52-week low is 26.69% and -9.17% from its 52-week high. The company has generated returns on investments over the last 12 months (6.26%).
The EPS is expected to grow by 12.25% this year.
Gen Digital Inc (GEN) Top Institutional Holders
The shares outstanding are 617.00M, and float is at 561.51M with Short Float at 2.92%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 66.61 million shares valued at $1.66 billion. The investor’s holdings represent 10.7261% of the GEN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 53.89 million shares valued at $1.35 billion to account for 8.6786 of the shares outstanding. The other top investors are FMR LLC which holds 43.35 million shares representing 6.9812% and valued at over $1.08 billion, while STATE STREET CORP holds 4.4382 of the shares totaling 27.56 million with a market value of $688.47 million.
Gen Digital Inc (GEN) Insider Activity
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Gen Digital Inc disclosed in a document filed with the SEC on Feb 18 ’25 that DERSE NATALIE MARIE (CFO) sold a total of 989 shares of the company’s common stock. The trade occurred on Feb 18 ’25 and was made at $27.74 per share for $27435.0. Following the transaction, the insider now directly holds 0.33 million shares of the GEN stock.
Still, SEC filings show that on Nov 26 ’24, KO BRYAN SEUK (CLO & Head Corp Aff) disposed off 48,290 shares at an average price of $30.58 for $1.48 million. The insider now directly holds 504,500 shares of Gen Digital Inc (GEN).
