StockNews.com assumed coverage on shares of NortonLifeLock (NASDAQ:NLOK – Get Free Report) in a report released on Sunday. The firm set a “buy” rating on the stock.
NortonLifeLock Trading Up 1.9 %
NASDAQ NLOK opened at $20.66 on Friday. The stock has a market cap of $11.80 billion, a PE ratio of 14.45 and a beta of 0.76. NortonLifeLock has a twelve month low of $20.12 and a twelve month high of $30.92. The stock has a fifty day simple moving average of $18.08 and a 200-day simple moving average of $18.46.
Hedge Funds Weigh In On NortonLifeLock
Hedge funds and other institutional investors have recently bought and sold shares of the company. SYSTM Wealth Solutions LLC boosted its holdings in NortonLifeLock by 5.8% during the 1st quarter. SYSTM Wealth Solutions LLC now owns 15,340 shares of the company’s stock valued at $263,000 after acquiring an additional 843 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in NortonLifeLock by 23.4% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 31,086 shares of the company’s stock valued at $594,000 after acquiring an additional 5,885 shares during the period. Tredje AP fonden boosted its holdings in NortonLifeLock by 2.7% during the 1st quarter. Tredje AP fonden now owns 124,307 shares of the company’s stock valued at $2,133,000 after acquiring an additional 3,273 shares during the period. Finally, Kovitz Investment Group Partners LLC boosted its holdings in NortonLifeLock by 0.8% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 197,068 shares of the company’s stock valued at $3,382,000 after acquiring an additional 1,579 shares during the period. 94.86% of the stock is currently owned by hedge funds and other institutional investors.
About NortonLifeLock
Gen Digital, Inc engages in the provision of security, storage, and systems management solutions. The firm focuses on providing consumer cyber safety with its business solutions. The company was founded by Gary Hendrix in April 1982 and is headquartered in Tempe, AZ.
Read More
- Five stocks we like better than NortonLifeLock
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- S&P 500’s Whirlwind: Big gains, warning whispers & tactical moves
- What Are the U.K. Market Holidays? How to Invest and Trade
- MarketBeat Week in Review – 11/13 – 11/17
- 3 Grocery Stocks That Are Proving They Are Still Essential
- 3 large caps with red hot RSIs with upside
Receive News & Ratings for NortonLifeLock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NortonLifeLock and related companies with MarketBeat.com's FREE daily email newsletter.
