<div id="readability-page-1"><p>QRG Capital Management Inc. trimmed its holdings in shares of  Gen Digital Inc. (NASDAQ:GEN - Free Report) by 86.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The institutional investor  owned 17,196 shares of the company's stock after selling 109,111 shares during the quarter. QRG Capital Management Inc.'s holdings in Gen Digital were worth $488,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>3 Oversold Large-Caps That Look Ripe for a Rebound</li></ul><p>A number of other institutional investors have also added to or reduced their stakes in GEN. Vanguard Group Inc. grew its holdings in shares of  Gen Digital by 2.2% during the second quarter. Vanguard Group Inc. now owns 71,249,751 shares of the company's stock worth $2,094,743,000 after purchasing an additional 1,558,983 shares in the last quarter.  State Street Corp raised its stake in  Gen Digital by 1.2% in the second quarter. State Street Corp now owns 29,543,051 shares of the company's stock valued at $868,566,000 after purchasing an additional 349,289 shares in the last quarter.  Ameriprise Financial Inc. lifted its position in  Gen Digital by 6.7% during the second quarter. Ameriprise Financial Inc. now owns 22,473,917 shares of the company's stock valued at $660,730,000 after purchasing an additional 1,406,869 shares during the last quarter.  First Trust Advisors LP grew its stake in  Gen Digital by 7.4% in the 2nd quarter. First Trust Advisors LP now owns 15,899,158 shares of the company's stock worth $467,436,000 after buying an additional 1,088,983 shares in the last quarter.  Finally, Geode Capital Management LLC grew its stake in  Gen Digital by 0.7% in the 2nd quarter. Geode Capital Management LLC now owns 15,253,089 shares of the company's stock worth $449,507,000 after buying an additional 101,791 shares in the last quarter. 81.38% of the stock is currently owned by institutional investors. </p><h2>Gen Digital Trading Up 0.1%</h2><p>NASDAQ GEN opened at $25.22 on Friday. The firm has a market cap of $15.55 billion, a PE ratio of 27.41, a price-to-earnings-growth ratio of 0.84 and a beta of 1.09. Gen Digital Inc. has a 1-year low of $22.74 and a 1-year high of $32.22. The stock has a 50-day moving average of $26.75 and a 200-day moving average of $28.12. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 3.43. </p><ul><li>Top Cybersecurity Stock Picks for 2025</li></ul><p>Gen Digital (NASDAQ:GEN - Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.01. Gen Digital had a return on equity of 57.09% and a net margin of 12.74%.The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the company earned $0.54 EPS. Gen Digital's revenue for the quarter was up 25.3% compared to the same quarter last year. 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, sell-side analysts forecast that  Gen Digital Inc. will post 2.05 EPS for the current year. </p><h2>Gen Digital Announces Dividend</h2><p>The company also recently declared 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 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Monday, November 17th. Gen Digital's dividend payout ratio  is currently 54.35%. </p><h2>Insider Buying and Selling at Gen Digital</h2><ul><li>3 Hot Buyback Plans Supporting Price Action in 2024</li></ul><p>In other news, Director Ondrej Vlcek sold 113,674 shares of the company's stock in a transaction dated 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 transaction, the director directly owned 3,932,980 shares of the company's stock, valued at approximately $106,662,417.60. This represents a 2.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John C. Chrystal purchased 5,000 shares of Gen Digital stock in a transaction that occurred on Thursday, November 13th. The shares were acquired at an average price of $27.14 per share, for a total transaction of $135,700.00. Following the acquisition, the director owned 28,419 shares in the company, valued at $771,291.66. This trade represents a 21.35% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own  9.30% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several analysts have recently weighed in on GEN shares. Weiss Ratings  restated a &#34;hold (c+)&#34; rating on shares of Gen Digital in a research report on Wednesday, October 8th. Evercore ISI raised their price target on Gen Digital from $35.00 to $37.00 and gave the company an &#34;outperform&#34; rating in a research report on Friday, November 7th. Jefferies Financial Group started coverage on Gen Digital in a research note on Friday, October 3rd. They set a &#34;hold&#34; rating and a $31.00 price target for the company. Royal Bank Of Canada reduced their price objective on Gen Digital from $33.00 to $29.00 and set a &#34;sector perform&#34; rating on the stock in a research report on Friday, November 7th. Finally, Wall Street Zen raised Gen Digital from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a report on Sunday, October 12th. Three equities research analysts have rated the stock with a Buy rating, five have assigned  a Hold rating and one  has given a Sell rating to the company's stock. According to MarketBeat, Gen Digital presently has an average rating of &#34;Hold&#34; and a consensus target price of $35.43.</p><p><b>View Our Latest Research Report on GEN</b></p><h2>Gen Digital Company Profile</h2> (Free Report)<p>Gen Digital <span>NASDAQ: GEN<span></span></span> 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.  </p><p>Gen Digital traces its origins to the consumer software division of Symantec Corporation, which was spun off in late 2019 under the NortonLifeLock name.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Gen Digital</li><li>Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>Do not delete, read immediately</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>Executive Order 14330: Trump’s Biggest Yet</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R0VO?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9R0VO"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Gen Digital Right Now?</h2><p>Before you consider Gen Digital, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gen Digital wasn't on the list.</p><p>While Gen Digital currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>QRG Capital Management Inc. reduced its stake in Gen Digital Inc. (NASDAQ:GEN) by 86.4% in Q3, selling 109,111 shares and retaining 17,196 shares valued at $488,000. Other institutional investors, including Vanguard and State Street, have also adjusted their holdings. Gen Digital's stock opened at $25.22, with a market cap of $15.55 billion. The company reported Q3 earnings of $0.62 EPS, exceeding estimates, and declared a quarterly dividend of $0.125 per share. Insider trading included a sale by Director Ondrej Vlcek and a purchase by Director John C. Chrystal.</p>

QRG Capital Management Inc. Sells 109,111 Shares of Gen Digital Inc. $GEN