Penserra Capital Management LLC Cuts Stake in Gen Digital Inc. $GEN

04 Feb 2026, 08:52 by Scott Moore · The Cerbat Gem

Penserra Capital Management LLC lowered its holdings in shares of Gen Digital Inc. (NASDAQ:GEN – Free Report) by 8.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,920,905 shares of the company’s stock after selling 271,560 shares during the period. Gen Digital comprises about 1.0% of Penserra Capital Management LLC’s investment portfolio, making the stock its 16th biggest position. Penserra Capital Management LLC owned 0.47% of Gen Digital worth $82,924,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its stake in shares of Gen Digital by 1.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,703,712 shares of the company’s stock valued at $71,757,000 after acquiring an additional 28,522 shares during the last quarter. Great Lakes Advisors LLC bought a new position in Gen Digital during the 1st quarter worth approximately $205,000. Woodline Partners LP increased its stake in Gen Digital by 37.8% in the 1st quarter. Woodline Partners LP now owns 27,590 shares of the company’s stock worth $732,000 after purchasing an additional 7,562 shares during the period. Focus Partners Wealth lifted its position in Gen Digital by 9.7% in the first quarter. Focus Partners Wealth now owns 22,347 shares of the company’s stock valued at $593,000 after purchasing an additional 1,980 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in Gen Digital by 221.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock valued at $46,000 after purchasing an additional 1,183 shares during the last quarter. 81.38% of the stock is owned by institutional investors.

Insider Buying and Selling at Gen Digital

In related news, Director Ondrej Vlcek sold 113,674 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $27.12, for a total value of $3,082,838.88. Following the sale, the director directly owned 3,932,980 shares of the company’s stock, valued at $106,662,417.60. This represents a 2.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John C. Chrystal acquired 5,000 shares of the stock in a transaction on Thursday, November 13th. The shares were purchased at an average cost of $27.14 per share, with a total value of $135,700.00. Following the transaction, the director directly owned 28,419 shares of the company’s stock, valued at approximately $771,291.66. This trade represents a 21.35% increase in their position. The SEC filing for this purchase provides additional information. 9.30% of the stock is owned by corporate insiders.

Gen Digital Stock Down 5.6%

Shares of NASDAQ GEN opened at $22.45 on Wednesday. The firm has a fifty day simple moving average of $26.44 and a two-hundred day simple moving average of $27.79. Gen Digital Inc. has a 12 month low of $22.33 and a 12 month high of $32.22. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 3.43. The firm has a market capitalization of $13.85 billion, a PE ratio of 24.40, a price-to-earnings-growth ratio of 0.79 and a beta of 1.09.

Gen Digital (NASDAQ:GEN – Get Free Report) last announced its earnings results on Thursday, November 6th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. Gen Digital had a net margin of 12.74% and a return on equity of 57.09%. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the firm posted $0.54 EPS. The company’s revenue for the quarter was up 25.3% compared to the same quarter last year. Gen Digital has set its FY 2026 guidance at 2.510-2.56 EPS and its Q3 2026 guidance at 0.620-0.64 EPS. Equities analysts expect that Gen Digital Inc. will post 2.05 earnings per share for the current year.

Gen Digital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Monday, November 17th were given a dividend of $0.125 per share. The ex-dividend date was Monday, November 17th. This represents a $0.50 annualized dividend and a dividend yield of 2.2%. Gen Digital’s payout ratio is currently 54.35%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on GEN shares. Royal Bank Of Canada decreased their target price on shares of Gen Digital from $33.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Friday, November 7th. Evercore ISI raised their price target on shares of Gen Digital from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Zacks Research cut shares of Gen Digital from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Gen Digital in a report on Thursday, January 22nd. Finally, Wall Street Zen cut Gen Digital from a “buy” rating to a “hold” rating in a research note on Saturday. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $35.43.

Get Our Latest Stock Report on Gen Digital

About Gen Digital

(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.