Korea Investment CORP Makes New Investment in Gen Digital Inc. $GEN

Posted by George Bondi on Aug 25th, 2026

Korea Investment CORP bought a new position in shares of Gen Digital Inc. (NASDAQ:GEN – Free Report) during the 2nd quarter, Holdings Channel reports. The firm bought 159,789 shares of the company’s stock, valued at approximately $3,977,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GEN. Larson Financial Group LLC lifted its position in Gen Digital by 20.9% during the 3rd quarter. Larson Financial Group LLC now owns 2,255 shares of the company’s stock worth $64,000 after buying an additional 390 shares in the last quarter. Trust Co. of Vermont acquired a new stake in Gen Digital in the 2nd quarter valued at about $32,000. EverSource Wealth Advisors LLC raised its stake in shares of Gen Digital by 14.5% in the first quarter. EverSource Wealth Advisors LLC now owns 3,376 shares of the company’s stock worth $64,000 after acquiring an additional 427 shares during the last quarter. Vident Advisory LLC raised its stake in shares of Gen Digital by 1.6% in the third quarter. Vident Advisory LLC now owns 26,906 shares of the company’s stock worth $764,000 after acquiring an additional 428 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its position in shares of Gen Digital by 5.9% during the fourth quarter. Fisher Asset Management LLC now owns 7,735 shares of the company’s stock worth $210,000 after purchasing an additional 430 shares in the last quarter. 81.38% of the stock is currently owned by institutional investors and hedge funds.

Gen Digital Price Performance

GEN opened at $29.11 on Tuesday. The company has a fifty day moving average price of $26.59 and a two-hundred day moving average price of $23.62. The firm has a market capitalization of $17.42 billion, a PE ratio of 16.92 and a beta of 1.21. Gen Digital Inc. has a 52 week low of $17.78 and a 52 week high of $31.57. The company has a debt-to-equity ratio of 3.00, a quick ratio of 0.47 and a current ratio of 0.47.

Gen Digital (NASDAQ:GEN – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.02. Gen Digital had a return on equity of 55.93% and a net margin of 20.73%.The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the prior year, the company posted $0.64 earnings per share. The firm’s revenue was up 6.3% on a year-over-year basis. Gen Digital has set its FY 2027 guidance at 2.870-2.970 EPS and its Q2 2027 guidance at 0.710-0.730 EPS. As a group, analysts anticipate that Gen Digital Inc. will post 2.64 earnings per share for the current year.

Gen Digital Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 9th. Stockholders of record on Monday, August 17th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.7%. Gen Digital’s dividend payout ratio is 29.07%.

Analyst Ratings Changes

Several analysts have recently commented on GEN shares. Jefferies Financial Group cut shares of Gen Digital from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Royal Bank Of Canada upped their price objective on Gen Digital from $27.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday, August 7th. Argus upgraded Gen Digital to a “strong-buy” rating in a research report on Friday, May 22nd. Weiss Ratings raised Gen Digital from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, July 15th. Finally, Wall Street Zen downgraded Gen Digital from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $31.67.

Read Our Latest Stock Report on Gen Digital

Insider Activity at Gen Digital

In other news, Director John C. Chrystal acquired 3,000 shares of Gen Digital stock in a transaction that occurred on Thursday, June 4th. The shares were acquired at an average price of $27.06 per share, with a total value of $81,180.00. Following the purchase, the director directly owned 31,419 shares of the company’s stock, valued at $850,198.14. The trade was a 10.56% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Travis Michael Witteveen sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $29.42, for a total transaction of $882,600.00. Following the transaction, the insider owned 496,545 shares of the company’s stock, valued at approximately $14,608,353.90. This represents a 5.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 230,440 shares of company stock worth $6,172,946 in the last ninety days. Company insiders own 9.70% of the company’s stock.

Gen Digital Profile

(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.