Gen Digital Inc (GEN) has seen a mix of positive and negative changes in their stock position. On one hand, investment giants like
Vontobel Holding Ltd, State Street Corp, Schroder Investment Management Group, and Assenagon Asset Management S.A. have amplified their position while entities like
Voya Investment Management LLC, Axa S.A., and Invesco Ltd. downsized their stake. However,
Amundi, Norges Bank, Gabelli Funds LLC, Bayesian Capital Management LP, and others invested in new shares. Some analysts hold a 'Buy' recommendation on GEN stock while others chose to hold because of execution risk. Recent financial successes including a stronger-than-expected quarter and an upgraded
outlook have led multiple firms to reassess GEN's valuation.
Q1 earnings exceeded expectations with increase in revenue, despite lower profits.
Gen Digital's partnership with Intel to boost Core Ultra Processors implies potential growth, and projections hint at a rise in earnings due to increased cyber security demand. Their recent cyber safety push is also seen as an opportunity with stock valued at around $27. Finally, insider activities included sales of significant shares raising concerns, but consistent investor interest underlines the fact that Gen Digital remains a valuable asset.
Gen Digital Stocks GEN News Analytics from Thu, 27 Mar 2025 07:00:00 GMT to Sat, 27 Dec 2025 13:46:55 GMT -
