Other research analysts have also issued reports about the stock. Barclays dropped their price target on shares of NortonLifeLock to $28.00 in a research note on Tuesday, August 9th. Morgan Stanley decreased their price objective on shares of NortonLifeLock from $26.00 to $25.00 and set an “equal weight” rating on the stock in a report on Monday, November 7th.
NortonLifeLock Stock Up 1.7 %
Shares of NortonLifeLock stock opened at $22.61 on Wednesday. NortonLifeLock has a 52-week low of $20.12 and a 52-week high of $30.92. The company’s 50-day simple moving average is $21.62 and its 200-day simple moving average is $22.98. The firm has a market cap of $12.92 billion, a price-to-earnings ratio of 15.81 and a beta of 0.76.
Insider Buying and Selling
Institutional Trading of NortonLifeLock
Institutional investors have recently added to or reduced their stakes in the stock. Steward Financial Group LLC purchased a new stake in shares of NortonLifeLock in the first quarter valued at about $31,000. Elequin Capital LP purchased a new stake in shares of NortonLifeLock in the first quarter valued at about $38,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in shares of NortonLifeLock in the third quarter valued at about $41,000. CoreCap Advisors LLC purchased a new stake in shares of NortonLifeLock in the second quarter valued at about $49,000. Finally, Rosenberg Matthew Hamilton lifted its holdings in shares of NortonLifeLock by 82.5% in the second quarter. Rosenberg Matthew Hamilton now owns 2,373 shares of the company’s stock valued at $53,000 after purchasing an additional 1,073 shares in the last quarter. Hedge funds and other institutional investors own 94.86% of the company’s stock.
NortonLifeLock Inc provides cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers Norton 360, an integrated platform provides extensive cyber safety coverage and a subscription service providing protection for PCs, Macs, and mobile devices against malware, viruses, adware, ransomware, and other online threats on various platforms; and Norton and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers.
- Get a free copy of the StockNews.com research report on NortonLifeLock (NLOK)
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