Gen Digital Inc. $GEN Stock Holdings Increased by Inceptionr LLC

Inceptionr LLC raised its position in shares of Gen Digital Inc. (NASDAQ:GEN) by 158.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,734 shares of the company’s stock after buying an additional 33,531 shares during the quarter. Inceptionr LLC’s holdings in Gen Digital were worth $1,554,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. True Wealth Design LLC lifted its holdings in Gen Digital by 92.0% during the 3rd quarter. True Wealth Design LLC now owns 1,104 shares of the company’s stock worth $31,000 after buying an additional 529 shares during the last quarter. Spire Wealth Management increased its holdings in shares of Gen Digital by 1,183.3% in the 3rd quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock valued at $31,000 after acquiring an additional 994 shares during the last quarter. Clearstead Advisors LLC increased its holdings in shares of Gen Digital by 48.6% in the 3rd quarter. Clearstead Advisors LLC now owns 1,223 shares of the company’s stock valued at $35,000 after acquiring an additional 400 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Gen Digital during the 2nd quarter valued at approximately $44,000. Finally, Geneos Wealth Management Inc. raised its position in shares of Gen Digital by 221.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock valued at $46,000 after acquiring an additional 1,183 shares in the last quarter. Institutional investors own 81.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on GEN shares. Wall Street Zen raised shares of Gen Digital from a “hold” rating to a “buy” rating in a report on Sunday, February 8th. Barclays dropped their target price on shares of Gen Digital from $33.00 to $32.00 and set an “equal weight” rating on the stock in a report on Friday, February 6th. Zacks Research upgraded shares of Gen Digital from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gen Digital in a report on Thursday, January 22nd. Finally, Wells Fargo & Company initiated coverage on shares of Gen Digital in a research note on Tuesday, March 3rd. They set an “equal weight” rating and a $22.00 price objective on the stock. Two investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Gen Digital presently has an average rating of “Hold” and an average target price of $32.71.

Gen Digital Price Performance

Shares of GEN opened at $22.61 on Monday. The company has a market cap of $13.69 billion, a P/E ratio of 23.31, a PEG ratio of 0.75 and a beta of 1.11. The stock has a fifty day moving average price of $24.50 and a 200 day moving average price of $26.59. The company has a debt-to-equity ratio of 3.50, a current ratio of 0.47 and a quick ratio of 0.47. Gen Digital Inc. has a 12 month low of $21.33 and a 12 month high of $32.22.

Gen Digital (NASDAQ:GEN) last issued its earnings results on Thursday, February 5th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.01. Gen Digital had a return on equity of 56.76% and a net margin of 12.76%.The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the company earned $0.56 earnings per share. The firm’s revenue for the quarter was up 25.8% on a year-over-year basis. 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, research analysts forecast that Gen Digital Inc. will post 2.05 earnings per share for the current year.

Gen Digital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Monday, February 16th will be given a $0.125 dividend. The ex-dividend date 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 currently 51.55%.

Insider Transactions at Gen Digital

In other Gen Digital news, Director Ondrej Vlcek sold 113,674 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $27.12, for a total transaction of $3,082,838.88. Following the completion of the transaction, the director directly owned 3,932,980 shares of the company’s stock, valued at $106,662,417.60. The trade was a 2.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 9.30% of the stock is owned by insiders.

Gen Digital Profile

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.