NortonLifeLock Inc. (NASDAQ:NLOK) Shares Bought by Cwm LLC

Cwm LLC raised its position in NortonLifeLock Inc. (NASDAQ:NLOK – Get Rating) by 17.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,992 shares of the company’s stock after acquiring an additional 2,823 shares during the quarter. Cwm LLC’s holdings in NortonLifeLock were worth $383,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Householder Group Estate & Retirement Specialist LLC acquired a new position in NortonLifeLock in the 3rd quarter valued at about $41,000. CoreCap Advisors LLC acquired a new position in NortonLifeLock in the 2nd quarter valued at about $49,000. Rosenberg Matthew Hamilton grew its position in NortonLifeLock by 82.5% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 2,373 shares of the company’s stock valued at $53,000 after acquiring an additional 1,073 shares in the last quarter. Allworth Financial LP grew its position in NortonLifeLock by 35.1% in the 2nd quarter. Allworth Financial LP now owns 2,627 shares of the company’s stock valued at $58,000 after acquiring an additional 683 shares in the last quarter. Finally, Venture Visionary Partners LLC purchased a new position in shares of NortonLifeLock in the 2nd quarter valued at about $60,000. 94.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NLOK has been the subject of several recent research reports. StockNews.com initiated coverage on NortonLifeLock in a research note on Wednesday. They issued a “buy” rating for the company. Morgan Stanley decreased their price objective on NortonLifeLock from $26.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, November 7th.

NortonLifeLock Stock Up 1.8 %

NLOK stock opened at $21.99 on Friday. The business has a 50 day moving average price of $22.28 and a 200 day moving average price of $22.53. The stock has a market cap of $12.56 billion, a price-to-earnings ratio of 15.38 and a beta of 0.76. NortonLifeLock Inc. has a fifty-two week low of $20.12 and a fifty-two week high of $30.92.

NortonLifeLock Profile

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NortonLifeLock Inc provides cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers Norton 360, an integrated platform provides extensive cyber safety coverage and a subscription service providing protection for PCs, Macs, and mobile devices against malware, viruses, adware, ransomware, and other online threats on various platforms; and Norton and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers.