Gen Digital Inc’s recent filing unveils 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 $8.92 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 jump 0.75% to $26.74. Over the last five days, the stock has lost -3.33%. Gen Digital Inc shares have fallen nearly -2.34% since the year began. Nevertheless, the stocks have risen 19.38% 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 $27.42, while 200 days put it at $27.10.
Levels Of Support And Resistance For GEN Stock
The 24-hour chart illustrates a support level at 26.26, which if violated will result in even more drops to 25.79. On the upside, there is a resistance level at 26.99. A further resistance level may holdings at 27.25. The Relative Strength Index (RSI) on the 14-day chart is 43.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.33%. Stochastics %K at 24.62% 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 2025-03-14, growing by 1.28 million shares to a total of 20.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 18.71 million shares. There was a rise of 6.41%, which implies that there is a positive sentiment for the stock.
