Gen Digital Inc (NASDAQ: GEN) is 1.39% 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 $27.60 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $27.76, the stock is 1.45% and 4.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.96 million and changing 0.58% at the moment leaves the stock 1.62% off its SMA200. GEN registered 13.45% gain for a year compared to 6-month loss of -5.19%. The firm has a 50-day simple moving average (SMA 50) of $26.4502 and a 200-day simple moving average (SMA200) of $27.31835.
The stock witnessed a 12.94% gain in the last 1 month and extending the period to 3 months gives it a 2.62%, and is -4.18% 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 1.48% over the week and 2.12% over the month.
Gen Digital Inc (GEN) has around 3500 employees, a market worth around $17.22B and $3.94B in sales. Current P/E ratio is 26.94 and Fwd P/E is 9.90. Profit margin for the company is 16.34%. Distance from 52-week low is 22.08% and -12.48% from its 52-week high. The company has generated returns on investments over the last 12 months (6.26%).
with sales reaching $1.19B over the same period.The EPS is expected to grow by 12.71% this year, but quarterly earnings will post 20.08% year-over-year. Quarterly sales are estimated to grow 23.40% in year-over-year returns.
1014.0 institutions hold shares in Gen Digital Inc (GEN), with institutional investors hold 111.98% of the company’s shares. The shares outstanding are 617.00M, and float is at 561.51M with Short Float at 2.92%. Institutions hold 101.35% of the Float.
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
The most recent transaction is an insider sale by Denzel Nora, the company’s Director. SEC filings show that Denzel Nora sold 31,646 shares of the company’s common stock on May 16 ’25 at a price of $28.76 per share for a total of $0.91 million. Following the sale, the insider now owns 34860.0 shares.
Still, SEC filings show that on Feb 18 ’25, DERSE NATALIE MARIE (CFO) disposed off 989 shares at an average price of $27.74 for $27435.0. The insider now directly holds 333,668 shares of Gen Digital Inc (GEN).
