Universal Beteiligungs und Servicegesellschaft mbH Trims Position in Gen Digital Inc. $GEN

Universal Beteiligungs und Servicegesellschaft mbH reduced its position in Gen Digital Inc. (NASDAQ:GEN) by 7.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 342,935 shares of the company’s stock after selling 25,929 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Gen Digital worth $9,736,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its holdings in shares of Gen Digital by 1.1% during the first quarter. Goldman Sachs Group Inc. now owns 2,703,712 shares of the company’s stock worth $71,757,000 after purchasing an additional 28,522 shares during the last quarter. Great Lakes Advisors LLC purchased a new position in Gen Digital during the first quarter worth about $205,000. Woodline Partners LP boosted its stake in Gen Digital by 37.8% in the 1st quarter. Woodline Partners LP now owns 27,590 shares of the company’s stock worth $732,000 after buying an additional 7,562 shares during the last quarter. Focus Partners Wealth boosted its stake in Gen Digital by 9.7% in the 1st quarter. Focus Partners Wealth now owns 22,347 shares of the company’s stock worth $593,000 after buying an additional 1,980 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in Gen Digital by 221.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock valued at $46,000 after buying an additional 1,183 shares during the period. 81.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Gen Digital

In related news, Director John C. Chrystal purchased 5,000 shares of Gen Digital stock in a transaction that occurred on Thursday, November 13th. The shares were purchased at an average cost of $27.14 per share, with a total value of $135,700.00. Following the transaction, the director owned 28,419 shares of the company’s stock, valued at approximately $771,291.66. The trade was a 21.35% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ondrej Vlcek sold 113,674 shares of the stock in a transaction that occurred 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 directly owned 3,932,980 shares of the company’s stock, valued at $106,662,417.60. This trade represents a 2.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 9.30% of the company’s stock.

Gen Digital Stock Performance

Shares of GEN stock opened at $25.41 on Friday. The company’s fifty day simple moving average is $26.73 and its 200-day simple moving average is $28.07. Gen Digital Inc. has a 52 week low of $22.74 and a 52 week high of $32.22. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 3.43. The company has a market cap of $15.67 billion, a PE ratio of 27.62, a P/E/G ratio of 0.85 and a beta of 1.09.

Gen Digital (NASDAQ:GEN) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. Gen Digital had a net margin of 12.74% and a return on equity of 57.09%. The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the prior year, the company earned $0.54 EPS. The firm’s revenue was up 25.3% on a year-over-year basis. 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. As a group, equities research analysts anticipate that Gen Digital Inc. will post 2.05 EPS for the current year.

Gen Digital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Monday, November 17th. Gen Digital’s dividend payout ratio (DPR) is presently 54.35%.

Analyst Upgrades and Downgrades

GEN has been the topic of several recent analyst reports. Zacks Research lowered shares of Gen Digital from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gen Digital in a research note on Thursday. Royal Bank Of Canada lowered their price objective on shares of 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. Jefferies Financial Group began coverage on Gen Digital in a report on Friday, October 3rd. They set a “hold” rating and a $31.00 price objective for the company. Finally, Wall Street Zen raised Gen Digital from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average 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.