NortonLifeLock Inc. (NASDAQ:NLOK) Shares Sold by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. lessened its holdings in shares of NortonLifeLock Inc. (NASDAQ:NLOK – Get Rating) by 3.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 69,043 shares of the company’s stock after selling 2,146 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in NortonLifeLock were worth $1,391,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Householder Group Estate & Retirement Specialist LLC acquired a new position in NortonLifeLock during the third quarter worth approximately $41,000. CoreCap Advisors LLC acquired a new position in NortonLifeLock during the second quarter worth approximately $49,000. Allworth Financial LP increased its position in NortonLifeLock by 41.9% during the third quarter. Allworth Financial LP now owns 3,728 shares of the company’s stock worth $75,000 after buying an additional 1,101 shares during the period. Alpha Paradigm Partners LLC increased its position in NortonLifeLock by 53.4% during the second quarter. Alpha Paradigm Partners LLC now owns 5,050 shares of the company’s stock worth $111,000 after buying an additional 1,757 shares during the period. Finally, Cambridge Trust Co. acquired a new position in NortonLifeLock during the second quarter worth approximately $125,000. Institutional investors and hedge funds own 94.86% of the company’s stock.

NortonLifeLock Trading Down 3.2 %

Shares of NLOK stock opened at $15.90 on Wednesday. The business’s 50 day moving average is $21.08 and its two-hundred day moving average is $21.68. NortonLifeLock Inc. has a twelve month low of $20.12 and a twelve month high of $30.92. The company has a market capitalization of $9.08 billion, a P/E ratio of 11.12 and a beta of 0.76.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on NortonLifeLock in a research report on Wednesday, March 8th. They set a “buy” rating on the stock.

NortonLifeLock Company Profile

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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.