Shares of NortonLifeLock Inc (NASDAQ:NLOK – Get Free Report) were up 0.4% during trading on Tuesday . The company traded as high as $29.8650 and last traded at $29.29. 5,722,329 shares changed hands during mid-day trading, a decline of 1% from the average session volume of 5,778,808 shares. The stock had previously closed at $29.17.
NortonLifeLock Stock Performance
The company’s fifty day moving average is $25.99 and its two-hundred day moving average is $23.36. The firm has a market cap of $16.74 billion, a price-to-earnings ratio of 20.48 and a beta of 0.76.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in NortonLifeLock stock. Citizens Financial Group Inc. RI bought a new position in NortonLifeLock Inc (NASDAQ:NLOK – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 13,764 shares of the company’s stock, valued at approximately $343,000. 94.86% of the stock is currently owned by institutional investors.
About NortonLifeLock
NortonLifeLock Inc (NASDAQ: NLOK) is a provider of consumer cybersecurity and identity theft protection solutions. The company offers a portfolio of software and services designed to safeguard personal devices and online identities against a variety of digital threats. NortonLifeLock’s core products include antivirus protection, secure VPN, password management tools and dark web monitoring, all offered through subscription-based plans that aim to deliver ongoing threat detection and remediation.
The origins of NortonLifeLock trace back to the founding of Peter Norton Computing in 1982, which was later acquired by Symantec Corporation.
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