Gen DigitalGEN
Market Cap: $15.6B
About: Gen is a cybersecurity pure-play that offers security, identity protection, and privacy solutions to individual consumers. The firm's cyber safety offerings, via brands such as Norton, Avast, and LifeLock, have long maintained their positions as some of the most recognizable consumer-focused security and identity-protection products.
Employees: 3,400
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
62% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 52
27% more call options, than puts
Call options by funds: $41.1M | Put options by funds: $32.5M
20% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 6 (+1) [Q2]
11% more capital invested
Capital invested by funds: $11.8B [Q1] → $13.1B (+$1.3B) [Q2]
6% more funds holding
Funds holding: 523 [Q1] → 555 (+32) [Q2]
7% more repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 189
632.27% less ownership
Funds ownership: 715.91% [Q1] → 83.65% (-632.27%) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
RBC Capital Matthew Hedberg 51% 1-year accuracy 61 / 119 met price target | 10%upside $28 | Sector Perform Maintained | 2 Aug 2024 |
Barclays Saket Kalia 54% 1-year accuracy 27 / 50 met price target | 6%upside $27 | Equal-Weight Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 4 articles about GEN published over the past 30 days