Gen Digital Inc’s recently made public 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 $9.28 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.
A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. Wells Fargo began covering GEN with “an Overweight” recommendation on October 24, 2024. Morgan Stanley revised its rating on June 07, 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 fall -0.18% to $27.80. Over the last five days, the stock has gained 2.77%. Gen Digital Inc shares have risen nearly 1.53% since the year began. Nevertheless, the stocks have risen 28.82% over the past one year. While a 52-week high of $31.72 was reached on 03/10/25, a 52-week low of $19.58 was recorded on 01/31/25. SMA at 50 days reached $27.41, while 200 days put it at $26.98.
Levels Of Support And Resistance For GEN Stock
The 24-hour chart illustrates a support level at 27.51, which if violated will result in even more drops to 27.22. On the upside, there is a resistance level at 27.97. A further resistance level may holdings at 28.15. The Relative Strength Index (RSI) on the 14-day chart is 53.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.84%. Stochastics %K at 50.60% indicates the stock is a holding.
How much short interest is there in Gen Digital Inc?
A steep rise in short interest was recorded in Gen Digital Inc stocks on 2025-02-28, growing by 2.55 million shares to a total of 17.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 14.97 million shares. There was a rise of 14.54%, which implies that there is a positive sentiment for the stock.
