Recent reports on
Gen Digital Inc (NASDAQ:GEN) indicate that multiple investment firms have altered their stock holdings. Among them, companies like
Convergence Investment Partners,
Universal Beteiligungs und Servicegesellschaft mbH, and
Envestnet Asset Management Inc have cut, sold, and acquired shares respectively. Gen Digital has been given an average recommendation of '
Moderate Buy' by market analysts, thus highlighting its strong growth prospects. The company has seen continued interest from various investors like
Twin Capital Management Inc,
Allianz Asset Management GmbH, and
Machina Capital S.A.S, who have increased their shared positions. Speculation on possible
stock splits and anticipation of next earnings report remain a focal point for discussion among its investors. Gen Digital stock is experiencing improved relative strength, thanks to its outstanding trading profits and superior profit margins. Despite a 10% dip following
President Trump's tariff announcement, the stock shows promising signs of recovery. Emphasis has also been placed on Gen Digital's international revenue trends, and recent
fintech expansion plans, marked by the $1B acquisition of
MoneyLion, all contributing to a positive outlook for the company.
Gen Digital Stocks GEN News Analytics from Fri, 22 Nov 2024 08:00:00 GMT to Sat, 26 Jul 2025 19:50:29 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 5