Generali Investments CEE investicni spolecnost a.s. Purchases 20,463 Shares of Gen Digital Inc. $GEN

Generali Investments CEE investicni spolecnost a.s. raised its position in Gen Digital Inc. (NASDAQ:GEN) by 12.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 190,512 shares of the company’s stock after purchasing an additional 20,463 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Gen Digital were worth $5,409,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Gen Digital by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 71,249,751 shares of the company’s stock valued at $2,094,743,000 after buying an additional 1,558,983 shares during the period. State Street Corp lifted its holdings in Gen Digital by 1.2% during the second quarter. State Street Corp now owns 29,543,051 shares of the company’s stock worth $868,566,000 after acquiring an additional 349,289 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in Gen Digital by 6.7% during the second quarter. Ameriprise Financial Inc. now owns 22,473,917 shares of the company’s stock worth $660,730,000 after acquiring an additional 1,406,869 shares in the last quarter. First Trust Advisors LP grew its stake in Gen Digital by 7.4% in the second quarter. First Trust Advisors LP now owns 15,899,158 shares of the company’s stock valued at $467,436,000 after acquiring an additional 1,088,983 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Gen Digital by 0.7% in the second quarter. Geode Capital Management LLC now owns 15,253,089 shares of the company’s stock worth $449,507,000 after acquiring an additional 101,791 shares in the last quarter. 81.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Evercore ISI lifted their price objective on Gen Digital from $35.00 to $37.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gen Digital in a research note on Wednesday, October 8th. Royal Bank Of Canada reduced their price target on shares of Gen Digital from $33.00 to $29.00 and set a “sector perform” rating for the company in a report on Friday, November 7th. Jefferies Financial Group initiated coverage on shares of Gen Digital in a report on Friday, October 3rd. They set a “hold” rating and a $31.00 price objective on the stock. Finally, Morgan Stanley boosted their price objective on shares of Gen Digital from $25.00 to $32.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 2nd. Three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $35.43.

Gen Digital Stock Down 0.2%

Gen Digital stock opened at $27.65 on Monday. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 3.43. Gen Digital Inc. has a 1-year low of $22.74 and a 1-year high of $32.22. The company has a fifty day simple moving average of $26.72 and a 200 day simple moving average of $28.60. The company has a market cap of $17.05 billion, a P/E ratio of 30.05, a price-to-earnings-growth ratio of 0.92 and a beta of 1.11.

Gen Digital (NASDAQ:GEN) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. Gen Digital had a net margin of 12.74% and a return on equity of 57.09%. The company’s quarterly revenue was up 25.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.54 EPS. Gen Digital has set its FY 2026 guidance at 2.510-2.56 EPS and its Q3 2026 guidance at 0.620-0.64 EPS. Research analysts anticipate that Gen Digital Inc. will post 2.05 earnings per share for the current fiscal year.

Gen Digital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $0.50 annualized dividend and a dividend yield of 1.8%. Gen Digital’s payout ratio is 54.35%.

Insider Buying and Selling

In other news, Director John C. Chrystal bought 5,000 shares of the stock in a transaction that occurred on Thursday, November 13th. The shares were acquired at an average cost of $27.14 per share, for a total transaction of $135,700.00. Following the completion of the acquisition, the director owned 28,419 shares in the company, valued at approximately $771,291.66. This represents a 21.35% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Ondrej Vlcek sold 113,674 shares of the stock in a transaction on 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 sale, the director owned 3,932,980 shares of the company’s stock, valued at approximately $106,662,417.60. This represents a 2.81% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 9.30% of the company’s stock.

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.