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Keeping an Eye on Gen Digital Inc (GEN) After Insider Trading Activity

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 $7.86 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 Monday, Gen Digital Inc [NASDAQ:GEN] saw its stock fall -3.64% to $23.56. Over the last five days, the stock has lost -3.48%. Gen Digital Inc shares have fallen nearly -13.95% since the year began. Nevertheless, the stocks have risen 15.66% 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 04/07/25. SMA at 50 days reached $26.68, while 200 days put it at $27.12.

Levels Of Support And Resistance For GEN Stock

The 24-hour chart illustrates a support level at 23.16, which if violated will result in even more drops to 22.75. On the upside, there is a resistance level at 24.13. A further resistance level may holdings at 24.69. The Relative Strength Index (RSI) on the 14-day chart is 35.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.57%. Stochastics %K at 31.76% 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 2025-03-31, dropping by -0.63 million shares to a total of 16.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 17.52 million shares. There was a decline of -3.74%, which implies that there is a negative sentiment for the stock.

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