Allianz Asset Management GmbH Sells 154,644 Shares of Gen Digital Inc. $GEN

Allianz Asset Management GmbH cut its holdings in Gen Digital Inc. (NASDAQ:GEN) by 31.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 340,613 shares of the company’s stock after selling 154,644 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.06% of Gen Digital worth $9,670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Aviva PLC grew its stake in Gen Digital by 6.6% in the second quarter. Aviva PLC now owns 407,156 shares of the company’s stock worth $11,970,000 after purchasing an additional 25,315 shares during the period. Schroder Investment Management Group boosted its holdings in shares of Gen Digital by 48.1% during the 2nd quarter. Schroder Investment Management Group now owns 978,066 shares of the company’s stock valued at $28,755,000 after buying an additional 317,468 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Gen Digital in the 2nd quarter worth about $394,000. Mackenzie Financial Corp increased its stake in shares of Gen Digital by 39.4% in the 2nd quarter. Mackenzie Financial Corp now owns 359,142 shares of the company’s stock worth $10,559,000 after acquiring an additional 101,580 shares in the last quarter. Finally, Teacher Retirement System of Texas lifted its position in Gen Digital by 481.8% during the 3rd quarter. Teacher Retirement System of Texas now owns 462,830 shares of the company’s stock valued at $13,140,000 after acquiring an additional 383,279 shares during the period. Hedge funds and other institutional investors own 81.38% of the company’s stock.

Trending Headlines about Gen Digital

Here are the key news stories impacting Gen Digital this week:

• Positive Sentiment: Q3 beat and strong growth — Revenue jumped 25.8% Y/Y and EPS beat consensus, signaling accelerating top-line momentum that supports the stock rally. Gen Digital Q3 Earnings Surpass Expectations, Revenues Rise Y/Y
• Positive Sentiment: Raised FY‑2026 guidance — Company increased full‑year EPS and Q4 guidance above Street estimates, implying stronger forward earnings visibility. Gen Digital Inc. (GEN) Q3 2026 Earnings Call Transcript
• Positive Sentiment: Drivers called out — Management cited strong bookings, customer growth, AI product features and the MoneyLion business as contributors to revenue and guidance upgrades. Gen Digital raises 2026 revenue and EPS guidance as AI and MoneyLion drive growth
• Positive Sentiment: Market reaction and coverage — Multiple outlets reported the beat and guidance raise, which likely fueled the jump in share price and higher trading volume. Gen Digital shares rise after beating Q3 expectations
• Neutral Sentiment: Supplementary detail & presentation — Earnings call transcript and slide deck are available for investors who want line-item detail on bookings, churn and product metrics. Gen Digital Q3 Slide Deck
• Neutral Sentiment: Dividend declared — Board announced a $0.125 quarterly dividend (ex‑dividend Feb 13, pay Mar 11), adding modest income appeal. (Company release Feb 5).
• Negative Sentiment: Minor adverse note on related security — An Equity Right (GENVR) price target was sharply lowered by one outlet, which could concern holders of that instrument but is unlikely to affect GEN’s core share performance materially. Gen Digital Inc. – Equity Right (GENVR) price target decreased

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Gen Digital in a report on Thursday, January 22nd. Wall Street Zen upgraded Gen Digital from a “hold” rating to a “buy” rating in a research note on Sunday. Royal Bank Of Canada reduced their price objective on Gen Digital from $33.00 to $29.00 and set a “sector perform” rating for the company in a research report on Friday, November 7th. Barclays dropped their target price on Gen Digital from $33.00 to $32.00 and set an “equal weight” rating on the stock in a report on Friday. Finally, Zacks Research downgraded Gen Digital from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Gen Digital presently has an average rating of “Hold” and a consensus target price of $35.29.

Insider Transactions at Gen Digital

In other Gen Digital news, Director John C. Chrystal purchased 5,000 shares of the stock in a transaction on Thursday, November 13th. The stock was acquired at an average price of $27.14 per share, with a total value of $135,700.00. Following the completion of the acquisition, the director owned 28,419 shares in the company, valued at $771,291.66. The trade was a 21.35% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ondrej Vlcek sold 113,674 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $27.12, for a total transaction of $3,082,838.88. Following the sale, the director directly owned 3,932,980 shares in the company, valued at approximately $106,662,417.60. This represents a 2.81% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 9.30% of the company’s stock.

Gen Digital Price Performance

GEN opened at $24.25 on Monday. The firm has a market capitalization of $14.96 billion, a PE ratio of 25.00, a price-to-earnings-growth ratio of 0.81 and a beta of 1.09. The business’s 50-day moving average is $26.25 and its two-hundred day moving average is $27.63. Gen Digital Inc. has a 1 year low of $22.14 and a 1 year high of $32.22. The company has a debt-to-equity ratio of 3.50, a current ratio of 0.47 and a quick ratio of 0.51.

Gen Digital (NASDAQ:GEN) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.01. The firm had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.23 billion. Gen Digital had a net margin of 12.76% and a return on equity of 56.76%. The company’s quarterly revenue was up 25.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.56 EPS. Gen Digital has set its Q4 2026 guidance at 0.640-0.660 EPS and its FY 2026 guidance at 2.540-2.560 EPS. Research analysts anticipate that Gen Digital Inc. will post 2.05 earnings per share for the current fiscal year.

Gen Digital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Monday, February 16th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, February 13th. Gen Digital’s payout ratio is 51.55%.

Gen Digital Profile

Gen Digital (NASDAQ: GEN) is a global cybersecurity company specializing in consumer- and small-business-focused security, privacy, and identity protection solutions. The company offers a suite of products designed to safeguard devices, networks, and personal information against malware, ransomware, phishing attacks and other digital threats. With a focus on user-friendly interfaces and cross-platform compatibility, Gen Digital develops antivirus software, VPN services, parental controls, password management tools, and comprehensive identity-theft monitoring services.

Gen Digital traces its origins to the consumer software division of Symantec Corporation, which was spun off in late 2019 under the NortonLifeLock name.