The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Gen Digital Inc shares valued at $27,435 were sold by DERSE NATALIE MARIE on Feb 18 ’25. At $27.74 per share, DERSE NATALIE MARIE sold 989 shares. The insider’s holdings dropped to 333,668 shares worth approximately $9.18 million following the completion of this transaction.
Also, KO BRYAN SEUK sold 48,290 shares, netting a total of over 1,476,601 in proceeds. Following the sale of shares at $30.58 each, the insider now holds 504,500 shares.
Before that, BRYAN S KO had added 48,290 shares to its account. In a trade valued at $1,476,600, the Officer bought Gen Digital Inc shares for $30.58 each.
As published in their initiating research note from UBS on December 04, 2024, Gen Digital Inc [GEN] has been a Buy and the price target has been revised to $36. Analysts at Wells Fargo started covering the stock with ‘”an Overweight”‘ outlook in a report released in late October. As of June 07, 2024, Morgan Stanley has decreased its “an Overweight” rating to a “an Equal-weight” for GEN. Earlier on April 11, 2024, Barclays downgraded its rating. Their new recommendation was “an Equal weight” for GEN stock which previously was a “an Overweight”.
Analyzing GEN Stock Performance
During the last five days, there has been a drop of approximately -1.26%. Over the course of the year, Gen Digital Inc shares have jumped approximately 0.44%. Shares of the company reached a 52-week high of $28.40 on 02/10/25 and a 52-week low of $25.69 on 01/31/25. A 50-day SMA is recorded $27.98, while a 200-day SMA reached $26.58. Nevertheless, trading volume fell to 2.29 million shares from 3.12 million shares the previous day.
Support And Resistance Levels for Gen Digital Inc (GEN)
According to the 24-hour chart, there is a support level at 27.22, which, if violated, would cause prices to drop to 26.93. In the upper region, resistance lies at 27.68. The next price resistance is at 27.85. RSI (Relative Strength Index) is 47.58 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.04, which suggests the price will decrease in the coming days. Percent R is at 33.09%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
