Rep. Val T. Hoyle Sells Off Shares of Gen Digital Inc. (NASDAQ:GEN)

Key Points

• Representative Val T. Hoyle sold shares of Gen Digital Inc. (NASDAQ:GEN) for an amount between $1,001 and $15,000 on September 23rd, 2023, as part of her IRA account.
• Gen Digital reported a 30.3% increase in quarterly revenue compared to the same quarter last year and beat analysts' earnings estimates with an EPS of $0.64.
• The company's stock has a market cap of $16.33 billion and is currently trading with a target average price of $35.71, indicating optimism among analysts.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Gen Digital Inc. NASDAQ: GEN. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Gen Digital stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Gen Digital Price Performance

Shares of NASDAQ:GEN opened at $26.52 on Friday. The company has a market cap of $16.33 billion, a PE ratio of 27.34, a P/E/G ratio of 0.91 and a beta of 0.94. Gen Digital Inc. has a fifty-two week low of $22.74 and a fifty-two week high of $32.22. The firm has a 50-day simple moving average of $29.48 and a 200 day simple moving average of $28.46. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 3.63.

Gen Digital (NASDAQ:GEN - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.04. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.19 billion. Gen Digital had a return on equity of 57.99% and a net margin of 14.12%.Gen Digital's quarterly revenue was up 30.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.53 earnings per share. Gen Digital has set its Q2 2026 guidance at 0.600-0.620 EPS. FY 2026 guidance at 2.490-2.560 EPS. On average, sell-side analysts anticipate that Gen Digital Inc. will post 2.05 EPS for the current year.

Gen Digital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Monday, August 18th were issued a $0.125 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $0.50 annualized dividend and a dividend yield of 1.9%. Gen Digital's payout ratio is 51.55%.

Analyst Ratings Changes

Several brokerages have weighed in on GEN. Evercore ISI started coverage on Gen Digital in a research report on Tuesday, July 1st. They issued an "outperform" rating and a $35.00 target price on the stock. B. Riley initiated coverage on shares of Gen Digital in a report on Monday, July 14th. They issued a "buy" rating and a $46.00 price objective on the stock. Barclays boosted their target price on shares of Gen Digital from $32.00 to $33.00 and gave the company an "equal weight" rating in a research note on Friday, August 8th. Weiss Ratings restated a "hold (c+)" rating on shares of Gen Digital in a research report on Wednesday. Finally, Morgan Stanley lifted their price target on Gen Digital from $25.00 to $32.00 and gave the company an "equal weight" rating in a report on Tuesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $35.71.

Institutional Investors Weigh In On Gen Digital

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cullen Frost Bankers Inc. bought a new position in shares of Gen Digital during the 2nd quarter valued at about $32,000. Catalyst Capital Advisors LLC lifted its stake in Gen Digital by 117.6% during the first quarter. Catalyst Capital Advisors LLC now owns 1,580 shares of the company's stock valued at $42,000 after purchasing an additional 854 shares during the last quarter. CYBER HORNET ETFs LLC bought a new stake in Gen Digital during the second quarter worth approximately $44,000. Geneos Wealth Management Inc. grew its position in Gen Digital by 221.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company's stock worth $46,000 after buying an additional 1,183 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in Gen Digital in the second quarter worth approximately $47,000. 81.38% of the stock is currently owned by institutional investors.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

About Gen Digital

Gen Digital Inc engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats.

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