Gen Digital Inc. $GEN Shares Sold by Royal Bank of Canada

Posted by Brian Himes on Aug 7th, 2026

Royal Bank of Canada reduced its holdings in shares of Gen Digital Inc. (NASDAQ:GEN – Free Report) by 8.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 842,676 shares of the company’s stock after selling 79,252 shares during the quarter. Royal Bank of Canada owned 0.14% of Gen Digital worth $15,867,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Gen Digital by 9.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,155,639 shares of the company’s stock worth $30,128,000 after buying an additional 102,345 shares during the period. Legal & General Group Plc raised its holdings in shares of Gen Digital by 3.8% during the 4th quarter. Legal & General Group Plc now owns 9,085,216 shares of the company’s stock valued at $247,027,000 after buying an additional 334,156 shares during the period. LBP AM SA lifted its position in Gen Digital by 63.7% during the 4th quarter. LBP AM SA now owns 738,272 shares of the company’s stock worth $20,074,000 after acquiring an additional 287,369 shares in the last quarter. National Pension Service boosted its holdings in Gen Digital by 13.6% in the 4th quarter. National Pension Service now owns 934,892 shares of the company’s stock worth $25,420,000 after acquiring an additional 112,136 shares during the period. Finally, Oak Thistle LLC purchased a new position in Gen Digital in the 4th quarter worth approximately $1,652,000. Institutional investors and hedge funds own 81.38% of the company’s stock.

Gen Digital Stock Up 0.5%

GEN stock opened at $28.10 on Friday. Gen Digital Inc. has a twelve month low of $17.78 and a twelve month high of $32.22. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 3.07. The company has a market capitalization of $16.82 billion, a P/E ratio of 17.78 and a beta of 1.21. The firm has a 50 day simple moving average of $25.90 and a 200-day simple moving average of $23.29.

Gen Digital (NASDAQ:GEN – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.02. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.31 billion. Gen Digital had a net margin of 19.46% and a return on equity of 55.47%. The business’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 earnings per share. 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. On average, equities research analysts predict that Gen Digital Inc. will post 2.61 earnings per share for the current fiscal year.

Key Stories Impacting Gen Digital

Here are the key news stories impacting Gen Digital this week:

Positive Sentiment: Q1 results beat expectations: Gen Digital reported adjusted earnings of $0.71 per share, above the $0.69 consensus estimate and up from $0.64 a year earlier. Revenue increased 6.3% year over year to $1.34 billion, exceeding analysts’ $1.31 billion forecast. Gen Digital Beats Q1 Earnings and Revenue Estimates
Positive Sentiment: Full-year guidance was raised above consensus: Gen Digital now expects fiscal 2027 earnings of $2.87-$2.97 per share, compared with the $2.83 analyst consensus, and revenue of $5.4-$5.5 billion, versus approximately $5.4 billion expected. The stronger outlook signals continued confidence in demand and earnings growth. Gen Digital Raises Annual Forecast on Strong Cybersecurity Demand
Positive Sentiment: Near-term forecast also topped expectations: Second-quarter fiscal 2027 EPS guidance of $0.71-$0.73 is above the $0.70 consensus estimate, while revenue guidance of $1.3-$1.4 billion is broadly in line with expectations. Gen Further Accelerates in Q1 FY27 and Raises Full Year Guidance
Neutral Sentiment: The earnings release showed a 19.46% net margin and 55.47% return on equity, highlighting strong profitability, though Gen Digital continues to operate with elevated leverage.

Insider Activity

In related news, Director John C. Chrystal bought 3,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were acquired at an average price of $27.06 per share, for a total transaction of $81,180.00. Following the purchase, the director owned 31,419 shares in the company, valued at $850,198.14. This trade represents a 10.56% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ondrej Vlcek sold 100,000 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $24.78, for a total transaction of $2,478,000.00. Following the transaction, the director directly owned 3,832,724 shares in the company, valued at $94,974,900.72. The trade was a 2.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 9.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on GEN shares. Weiss Ratings upgraded shares of Gen Digital from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, July 15th. Royal Bank Of Canada restated a “sector perform” rating and issued a $27.00 target price on shares of Gen Digital in a research note on Thursday, July 16th. Jefferies Financial Group lowered shares of Gen Digital from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Wall Street Zen downgraded shares of Gen Digital from a “buy” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, Barclays boosted their price objective on shares of Gen Digital from $26.00 to $27.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. One equities 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. Based on data from MarketBeat.com, Gen Digital has an average rating of “Hold” and a consensus target price of $29.33.

Read Our Latest Stock Analysis on GEN

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.