Y Intercept Hong Kong Ltd Boosts Stake in Gen Digital Inc. $GEN

Y Intercept Hong Kong Ltd raised its stake in shares of Gen Digital Inc. (NASDAQ:GEN) by 525.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,826 shares of the company’s stock after purchasing an additional 70,424 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Gen Digital were worth $2,380,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in GEN. Spire Wealth Management increased its stake in Gen Digital by 1,183.3% during the 3rd quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock worth $31,000 after buying an additional 994 shares during the period. Cullen Frost Bankers Inc. purchased a new position in Gen Digital in the second quarter worth $32,000. True Wealth Design LLC boosted its position in Gen Digital by 92.0% during the third quarter. True Wealth Design LLC now owns 1,104 shares of the company’s stock worth $31,000 after purchasing an additional 529 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in Gen Digital in the 2nd quarter valued at approximately $44,000. Finally, MUFG Securities EMEA plc purchased a new stake in Gen Digital in the 2nd quarter worth approximately $47,000. 81.38% of the stock is currently owned by institutional investors and hedge funds.

Gen Digital Stock Performance

Gen Digital stock traded up $0.25 during mid-day trading on Wednesday, reaching $25.46. The company’s stock had a trading volume of 144,939 shares, compared to its average volume of 3,858,349. The company has a market capitalization of $15.70 billion, a P/E ratio of 27.65, a PEG ratio of 0.85 and a beta of 1.09. The company has a debt-to-equity ratio of 3.43, a quick ratio of 0.51 and a current ratio of 0.51. The firm’s fifty day moving average price is $26.69 and its two-hundred day moving average price is $28.01. Gen Digital Inc. has a 12-month low of $22.74 and a 12-month high of $32.22.

Gen Digital (NASDAQ:GEN) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. Gen Digital had a return on equity of 57.09% and a net margin of 12.74%.Gen Digital’s revenue was up 25.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Sell-side analysts predict that Gen Digital Inc. will post 2.05 EPS for the current fiscal year.

Gen Digital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Monday, November 17th were issued a $0.125 dividend. The ex-dividend date was Monday, November 17th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.0%. Gen Digital’s payout ratio is 54.35%.

Insider Transactions at Gen Digital

In other Gen Digital news, Director Ondrej Vlcek sold 113,674 shares of Gen Digital stock in a transaction dated Wednesday, December 10th. The stock was 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. The trade was a 2.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John C. Chrystal bought 5,000 shares of the stock in a transaction dated Thursday, November 13th. The shares were purchased at an average cost of $27.14 per share, for a total transaction of $135,700.00. Following the completion of the purchase, 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. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 9.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Gen Digital in a report on Thursday, January 22nd. Evercore ISI increased their price target on shares of Gen Digital from $35.00 to $37.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Royal Bank Of Canada cut their target price on Gen Digital from $33.00 to $29.00 and set a “sector perform” rating for the company in a research note on Friday, November 7th. Wall Street Zen raised shares of Gen Digital from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Finally, Jefferies Financial Group started coverage on shares of Gen Digital in a report on Friday, October 3rd. They set a “hold” rating and a $31.00 target price on the stock. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $35.43.

Gen Digital Company 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.