39,050 Shares of Gen Digital Inc. $GEN Acquired by Bokf Na

Bokf Na bought a new stake in shares of Gen Digital Inc. (NASDAQ:GEN) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 39,050 shares of the company’s stock, valued at approximately $860,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Valley National Advisers Inc. lifted its holdings in Gen Digital by 154,977.6% in the third quarter. Valley National Advisers Inc. now owns 75,988 shares of the company’s stock worth $1,673,000 after buying an additional 75,939 shares during the period. Kendall Capital Management boosted its position in Gen Digital by 5.2% during the 3rd quarter. Kendall Capital Management now owns 207,970 shares of the company’s stock valued at $4,579,000 after acquiring an additional 10,345 shares in the last quarter. Root Financial Partners LLC bought a new stake in Gen Digital during the 3rd quarter valued at approximately $59,000. Vest Financial LLC grew its holdings in shares of Gen Digital by 3.1% during the 3rd quarter. Vest Financial LLC now owns 91,532 shares of the company’s stock worth $2,016,000 after acquiring an additional 2,783 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of Gen Digital by 8.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 2,377,320 shares of the company’s stock worth $52,349,000 after acquiring an additional 176,207 shares in the last quarter. Hedge funds and other institutional investors own 81.38% of the company’s stock.

Trending Headlines about Gen Digital

Here are the key news stories impacting Gen Digital this week:

• Positive Sentiment: Fiscal Q2 beat and raised outlook: Gen Digital reported adjusted earnings of $0.74 per share, above the $0.72 consensus estimate, while revenue rose 12.2% year over year to $1.37 billion. Management also raised its fiscal 2027 earnings floor. Gen Digital Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Healthy growth across key businesses: Financial wellness demand supported double-digit growth, Cyber Safety margins reached a record, and partner-channel revenue increased 40% year over year to $295 million. Gen Digital: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Q3 guidance is ahead of expectations: Gen Digital forecast earnings of $0.73-$0.75 per share, compared with the $0.72 consensus estimate. Revenue guidance of approximately $1.4 billion was in line with expectations. Gen Digital Q2 Adjusted Earnings, Revenue Rise; Sets Q3 Guidance
• Positive Sentiment: M&A uncertainty eased: Management said it is not currently pursuing a “transformative acquisition,” reducing concerns that Gen Digital might take on significant additional financial or integration risk. Gen Digital Surges
• Positive Sentiment: Shareholder return supported: The company declared a quarterly dividend of $0.125 per share, or $0.50 annualized, with a stated yield of about 1.7%. Gen Digital Approves Quarterly Cash Dividend
• Neutral Sentiment: Analyst targets are mixed: Morgan Stanley raised its price target to $34 from $32, while Royal Bank of Canada lifted its target to $27 but maintained a “sector perform” rating—below the recent trading level. Morgan Stanley Adjusts Price Target
• Negative Sentiment: Margin focus remains a risk: Coverage following the earnings report indicates investors are scrutinizing margins and the sustainability of recent earnings gains, which could limit further upside if profitability moderates. Gen Digital Stock Repriced After Q2 Earnings

Insider Transactions at Gen Digital

In other Gen Digital news, insider Travis Witteveen sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $29.42, for a total transaction of $882,600.00. Following the completion of the sale, the insider directly owned 496,545 shares in the company, valued at approximately $14,608,353.90. This trade represents a 5.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Bryan Seuk Ko sold 28,248 shares of Gen Digital stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $30.67, for a total transaction of $866,366.16. Following the completion of the transaction, the chief operating officer directly owned 744,262 shares of the company’s stock, valued at $22,826,515.54. This trade represents a 3.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 558,508 shares of company stock valued at $16,356,093. Insiders own 9.70% of the company’s stock.

Gen Digital Price Performance

GEN stock opened at $29.13 on Friday. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.47 and a current ratio of 0.37. The firm has a 50 day moving average price of $26.50 and a 200-day moving average price of $24.39. Gen Digital Inc. has a 52-week low of $17.78 and a 52-week high of $31.65. The firm has a market capitalization of $17.44 billion, a price-to-earnings ratio of 14.64, a PEG ratio of 0.91 and a beta of 1.26.

Gen Digital (NASDAQ:GEN) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.02. Gen Digital had a return on equity of 56.80% and a net margin of 23.07%. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the prior year, the business posted $0.62 EPS. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. Equities research analysts forecast that Gen Digital Inc. will post 2.66 EPS for the current fiscal year.

Gen Digital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Monday, November 16th will be paid a $0.1250 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Monday, November 16th. Gen Digital’s dividend payout ratio is currently 25.13%.

Analyst Ratings Changes

A number of research firms have recently commented on GEN. Morgan Stanley raised their target price on Gen Digital from $32.00 to $34.00 and gave the company an “equal weight” rating in a research note on Thursday. Royal Bank Of Canada upped their price target on Gen Digital from $24.00 to $27.00 and gave the stock a “sector perform” rating in a research note on Thursday. Weiss Ratings upgraded Gen Digital from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 16th. Wall Street Zen lowered Gen Digital from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Finally, Barclays raised their price objective on Gen Digital from $27.00 to $32.00 and gave the company an “equal weight” rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Gen Digital currently has an average rating of “Hold” and a consensus target price of $31.60.

Gen Digital Profile

Gen Digital Inc (NASDAQ: GEN) is a cybersecurity company that provides digital safety, privacy, and identity protection products for consumers. Its services are designed to help protect devices, personal information, online accounts, and digital identities from malware, fraud, identity theft, scams, and other cyber threats.

The company operates a portfolio of consumer brands that includes Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner. Its offerings include antivirus and device security software, virtual private network services, password management, identity theft monitoring and restoration support, privacy tools, scam protection, and performance and optimization utilities.

Gen Digital serves customers internationally through direct subscriptions and distribution partnerships.