Gen Digital (NASDAQ:GEN) Shares Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Gen Digital Inc. (NASDAQ:GEN). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Gen Digital stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
  • Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
  • Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
  • Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Gen Digital Trading Down 1.6%

NASDAQ GEN traded down $0.36 during mid-day trading on Tuesday, reaching $22.04. 8,859,286 shares of the stock were exchanged, compared to its average volume of 6,879,216. Gen Digital Inc. has a 1-year low of $17.78 and a 1-year high of $32.22. The business’s fifty day simple moving average is $20.15 and its 200 day simple moving average is $23.83. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.47 and a current ratio of 0.40. The stock has a market capitalization of $13.35 billion, a PE ratio of 13.95 and a beta of 1.10.

Gen Digital (NASDAQ:GENGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.02. Gen Digital had a net margin of 19.46% and a return on equity of 55.47%. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same period in the prior year, the firm posted $0.59 EPS. The company’s revenue was up 27.0% on a year-over-year basis. Gen Digital has set its Q1 2027 guidance at 0.680-0.700 EPS and its FY 2027 guidance at 2.850-2.950 EPS. On average, research analysts anticipate that Gen Digital Inc. will post 2.66 earnings per share for the current fiscal year.

Gen Digital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 18th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $0.50 annualized dividend and a dividend yield of 2.3%. Gen Digital’s dividend payout ratio is presently 31.65%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. International Assets Investment Management LLC acquired a new position in Gen Digital during the 4th quarter worth approximately $27,000. Spire Wealth Management raised its stake in shares of Gen Digital by 1,183.3% during the third quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock valued at $31,000 after purchasing an additional 994 shares during the period. Clearstead Advisors LLC lifted its position in shares of Gen Digital by 48.6% during the third quarter. Clearstead Advisors LLC now owns 1,223 shares of the company’s stock worth $35,000 after purchasing an additional 400 shares in the last quarter. TD Private Client Wealth LLC boosted its stake in shares of Gen Digital by 65.8% in the fourth quarter. TD Private Client Wealth LLC now owns 1,539 shares of the company’s stock valued at $42,000 after purchasing an additional 611 shares during the period. Finally, MUFG Securities EMEA plc purchased a new stake in Gen Digital during the 2nd quarter worth $47,000. Institutional investors and hedge funds own 81.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on GEN. Zacks Research raised shares of Gen Digital from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 18th. Jefferies Financial Group downgraded Gen Digital from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gen Digital in a research report on Thursday, January 22nd. Wells Fargo & Company assumed coverage on Gen Digital in a report on Tuesday, March 3rd. They issued an “equal weight” rating and a $22.00 target price on the stock. Finally, Royal Bank Of Canada boosted their price target on Gen Digital from $22.00 to $24.00 and gave the company a “sector perform” rating in a research report on Friday. Two analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $31.29.

Get Our Latest Stock Analysis on Gen Digital

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Gen Digital

(Get Free Report)

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.

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