Investment analysts at StockNews.com started coverage on shares of NortonLifeLock (NASDAQ:NLOK – Get Free Report) in a note issued to investors on Tuesday. The brokerage set a “buy” rating on the stock.
NortonLifeLock Price Performance
Shares of NLOK stock opened at $20.86 on Tuesday. NortonLifeLock has a 52-week low of $20.12 and a 52-week high of $30.92. The stock has a market cap of $11.92 billion, a price-to-earnings ratio of 14.59 and a beta of 0.76. The business has a fifty day simple moving average of $18.91.
Institutional Investors Weigh In On NortonLifeLock
A number of institutional investors have recently bought and sold shares of NLOK. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in 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 buying an additional 5,885 shares in the last quarter. Tredje AP fonden increased its stake in 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 buying an additional 3,273 shares in the last quarter. Kovitz Investment Group Partners LLC increased its stake in 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. Finally, SYSTM Wealth Solutions LLC increased its stake in 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 buying an additional 843 shares in the last quarter. Hedge funds and other 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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