Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Gen Digital Inc. (NASDAQ:GEN)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Gen Digital Inc. (NASDAQ:GEN). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Gen Digital stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Gen Digital Trading Down 1.6%

NASDAQ GEN traded down $0.36 on Tuesday, reaching $22.04. 8,860,713 shares of the company were exchanged, compared to its average volume of 6,881,402. The business’s fifty day moving average price is $20.15 and its 200 day moving average price is $23.83. The stock has a market capitalization of $13.35 billion, a P/E ratio of 13.95 and a beta of 1.10. The company has a current ratio of 0.40, a quick ratio of 0.47 and a debt-to-equity ratio of 3.07. Gen Digital Inc. has a fifty-two week low of $17.78 and a fifty-two week high of $32.22.

Gen Digital (NASDAQ:GEN) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.02. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.25 billion. Gen Digital had a return on equity of 55.47% and a net margin of 19.46%.Gen Digital’s revenue was up 27.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 EPS. Gen Digital has set its Q1 2027 guidance at 0.680-0.700 EPS and its FY 2027 guidance at 2.850-2.950 EPS. Analysts forecast that Gen Digital Inc. will post 2.66 earnings per share for the current year.

Gen Digital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Monday, May 18th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.3%. Gen Digital’s payout ratio is currently 31.65%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Barclays increased their target price on Gen Digital from $26.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Friday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gen Digital in a research note on Thursday, January 22nd. Wells Fargo & Company initiated coverage on Gen Digital in a research note on Tuesday, March 3rd. They issued an “equal weight” rating and a $22.00 price objective for the company. Wall Street Zen raised Gen Digital from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Zacks Research raised Gen Digital from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 18th. Two equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Gen Digital presently has a consensus rating of “Hold” and an average price target of $31.29.

Institutional Investors Weigh In On Gen Digital

Large investors have recently bought and sold shares of the stock. International Assets Investment Management LLC acquired a new stake in Gen Digital during the 4th quarter valued at $27,000. Spire Wealth Management grew its holdings in Gen Digital by 1,183.3% during the 3rd quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock valued at $31,000 after buying an additional 994 shares during the last quarter. Clearstead Advisors LLC grew its holdings in Gen Digital by 48.6% during the 3rd quarter. Clearstead Advisors LLC now owns 1,223 shares of the company’s stock valued at $35,000 after buying an additional 400 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in Gen Digital by 65.8% during the 4th quarter. TD Private Client Wealth LLC now owns 1,539 shares of the company’s stock valued at $42,000 after buying an additional 611 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in Gen Digital by 221.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock valued at $46,000 after buying an additional 1,183 shares during the last quarter. Institutional investors and hedge funds own 81.38% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Gen Digital Company Profile

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.