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Gen Digital Stocks GEN - News Analyzed: 3,586 - Last Week: 96 - Last Month: 482

⇑ Gen Digital Stocks GEN keeps market buzzing with price movement and insider action

Gen Digital Stocks GEN keeps market buzzing with price movement and insider action
Gen Digital Inc. (GEN), this publicly-traded biotech company continues to be the center of various market reports. Notably, there is an overshadowing conversation on it being undervalued at 29%. It also achieved a new 1-year high at $26.78 and witnessed a 15% surge in its stock which performed robustly against competitors on a strong trading day. Unfortunately, it also underperformed the market on a few occasions. An insider revealed a reduction in their stake by 51% although the P/E valuation after the 29% spike is still deemed reasonable. Q1 earnings met estimates and Gen Digital continues to hit headlines even after ex-dividend. Enthusiasts are eyeing the next earnings report with the Q4 earnings and revenue beating estimates. The balance sheet appears healthy according to Wall Street analysts. A notable mention was the CFO Natalie Derse selling 169,535 shares of Gen Digital. Furthermore, CEO Vincent Pilette also sold over $4.5m in company shares. Record earnings were reported in Fiscal 2024. There was a decline in earnings in the past year but investors enjoyed 4.5% growth in the past week. Subsequent fiscal Q1 results will be announced on August 1, 2024.

Gen Digital Stocks GEN News Analytics from Fri, 15 Jul 2016 13:11:14 GMT to Fri, 20 Sep 2024 22:26:40 GMT - Rating 8 - Innovation 6 - Information 7 - Rumor -6

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