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Investing in Gen Digital Inc (GEN) Is Getting More Attractive

Gen Digital Inc’s filing revealed that its CFO DERSE NATALIE MARIE unloaded Company’s shares for reported $27435.0 on Feb 18 ’25. In the deal valued at $27.74 per share,989 shares were sold. As a result of this transaction, DERSE NATALIE MARIE now holds 333,668 shares worth roughly $9.19 million.

Then, KO BRYAN SEUK sold 48,290 shares, generating $1,476,601 in total proceeds. Upon selling the shares at $30.58, the CLO & Head Corp Aff now owns 504,500 shares.

Before that, BRYAN S KO bought 48,290 shares. Gen Digital Inc shares valued at $1,476,600 were divested by the Officer at a price of $30.58 per share.

UBS initiated its Gen Digital Inc [GEN] rating to a Buy in a research note published on December 04, 2024; the price target was $36. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late October with a ‘”an Overweight”‘ rating. Morgan Stanley also remained covering GEN and has decreased its forecast on June 07, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Barclays revised its rating on April 11, 2024. It rated GEN as “an Equal weight” which previously was an “an Overweight”.

Price Performance Review of GEN

On Tuesday, Gen Digital Inc [NASDAQ:GEN] saw its stock jump 0.73% to $27.55. Over the last five days, the stock has lost -0.25%. Gen Digital Inc shares have risen nearly 0.62% since the year began. Nevertheless, the stocks have risen 26.67% over the past one year. While a 52-week high of $31.72 was reached on 02/10/25, a 52-week low of $19.58 was recorded on 01/31/25. SMA at 50 days reached $27.71, while 200 days put it at $26.73.

Levels Of Support And Resistance For GEN Stock

The 24-hour chart illustrates a support level at 27.19, which if violated will result in even more drops to 26.83. On the upside, there is a resistance level at 27.81. A further resistance level may holdings at 28.08. The Relative Strength Index (RSI) on the 14-day chart is 49.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.59%. Stochastics %K at 40.39% indicates the stock is a holding.

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