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Making an investment decision in the stock market involves a certain amount of risk, so it's important to thoroughly review a company's stock before making any decisions. Stock float, number of short positions and outstanding shares are among the many factors an investor should take into account.
Investors cannot turn a blind eye to insiders as well as institutional ownership. They need to follow insider trades to determine the direction the stock is likely to take.
About 86.41% of GEN shares are held by financial institutions. STARBOARD VALUE LP is the top corporate investor, holding 18.61M shares valued at $416.84M. A 2.95% stake in Gen Digital Inc. is owned by the company. BEUTEL, GOODMAN & CO LTD. owns 15.77M shares valued at $353.22M, which translates its holding of 2.5% of the stake in the company.
Among the GEN insiders holding of 9.24% of the stake in company, VLCEK ONDREJ, President, holds the largest shares of 4.16M. HAGER GEORGE V JR, CEO, is the second largest GEN insider with ownership of 2.83M shares. PILETTE VINCENT, CEO & President, stands third with possession of 1.72M shares of that stake.