Following The Money: Institution’s Growing Stake In Gen Digital Inc (NASDAQ: GEN)

Gen Digital Inc (GEN) concluded trading on Thursday at a closing price of $27.56, with 4.78 million shares of worth about $131.81 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.16% during that period and on March 20, 2025 the price saw a loss of about -1.22%. Currently the company’s common shares owned by public are about 616.00M shares, out of which, 558.04M shares are available for trading.

Stock saw a price change of 4.67% in past 5 days and over the past one month there was a price change of 0.22%. Year-to-date (YTD), GEN shares are showing a performance of 0.66% which increased to 29.94% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.58 but also hit the highest price of $31.72 during that period. The average intraday trading volume for Gen Digital Inc shares is 3.47 million. The stock is currently trading 0.59% above its 20-day simple moving average (SMA20), while that difference is up 0.49% for SMA50 and it goes to 2.04% higher than SMA200.

Gen Digital Inc (NASDAQ: GEN) currently have 616.00M outstanding shares and institutions hold larger chunk of about 84.16% of that.

The stock has a current market capitalization of $16.99B and its 3Y-monthly beta is at 0.99. PE ratio of stock for trailing 12 months is 27.20, while it has posted earnings per share of $1.01 in the same period. Its PEG reads 2.46 and has Quick Ratio of 0.35 while making debt-to-equity ratio of 3.97. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GEN, volatility over the week remained 2.18% while standing at 2.55% over the month.

Stock’s fiscal year EPS is expected to rise by 12.99% while it is estimated to increase by 10.24% in next year. EPS is likely to shrink at an annualized rate of 11.07% for next 5-years, compared to annual growth of 81.21% made by the stock over the past 5-years.

Coverage by UBS stated Gen Digital Inc (GEN) stock as a Buy in their note to investors on December 04, 2024, suggesting a price target of $36 for the stock. On October 24, 2024, Wells Fargo Initiated their recommendations, while on June 07, 2024, Morgan Stanley Downgrade their ratings for the stock with a price target of $27. Stock get an Equal weight rating from Barclays on April 11, 2024.

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