StockNews.com began coverage on shares of NortonLifeLock (NASDAQ:NLOK – Get Free Report) in a research report issued on Friday. The firm set a “buy” rating on the stock.
NortonLifeLock Stock Up 0.4 %
NLOK opened at $18.83 on Friday. NortonLifeLock has a one year low of $20.12 and a one year high of $30.92. The stock has a fifty day moving average price of $17.66. The company has a market cap of $10.76 billion, a P/E ratio of 13.17 and a beta of 0.76.
Institutional Trading of NortonLifeLock
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Kovitz Investment Group Partners LLC raised its stake in shares of NortonLifeLock by 0.8% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 197,068 shares of the company’s stock worth $3,382,000 after buying an additional 1,579 shares in the last quarter. Tredje AP fonden grew its holdings in shares of NortonLifeLock by 2.7% in the 1st quarter. Tredje AP fonden now owns 124,307 shares of the company’s stock worth $2,133,000 after acquiring an additional 3,273 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of NortonLifeLock by 23.4% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 31,086 shares of the company’s stock worth $594,000 after acquiring an additional 5,885 shares during the last quarter. Finally, SYSTM Wealth Solutions LLC grew its holdings in shares of NortonLifeLock by 5.8% in the 1st quarter. SYSTM Wealth Solutions LLC now owns 15,340 shares of the company’s stock worth $263,000 after acquiring an additional 843 shares during the last quarter. Institutional investors own 94.86% of the company’s stock.
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.
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