Economy

Symantec Corporation (NASDAQ:SYMC) Shares Sold by Tredje AP fonden

In the last reported quarter, Symantec Corporation reported its Actual EPS (earnings per share) of $0.28/share where most of the analysts working on this stock were estimating the EPS to be $0.28/share. Symantec Corporation posted earnings of $0.23 per share during the same quarter last year, which indicates a negative year over year growth rate of 52.2%. The firm is expected to report its next quarterly earnings report on Thursday, August 3rd.

The company's Average Earnings Estimate for the Current Fiscal quarter is $0.51, according to consensus of 26 analysts.

Analyst notified mean rating at 2.50 after consensus analysis. During the yearly overview it upgraded 34.26% and shown 14.99% year to date performance. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them.

Net profit margin of the company is seen at -2.60%. The business's quarterly revenue was up 34.7% compared to the same quarter past year.

A number of equities research analysts have recently issued reports on SYMC shares. Finally, Robert W. Baird reissued a "hold" rating on shares of Symantec Corporation in a research report on Saturday, June 10th. The stock of Symantec Corporation (NASDAQ:SYMC) earned "Hold" rating by Argus Research on Friday, December 4. Evercore upgraded the stock to "Hold" rating in Wednesday, June 29 report. Barclays PLC set a $32.00 target price on Symantec Corporation and gave the company a "hold" rating in a research report on Monday, April 10th. Barnes & Noble, Inc. has 0 buy ratings, 2 holds and 0 sells even after the stock tumbled -44.97% from its high of $13.63 to a $536.63 million market value through last close. The company has an average rating of "Hold" and an average target price of $30.48. Nwq Inv Co Ltd Liability Co accumulated 2.80 million shares or 0.91% of the stock. The company has a 50 day moving average of $29.63 and a 200 day moving average of $28.82. The market capitalization of the company is at $17.07 Billion.

Symantec Corporation has a consensus hold rating from 29 Wall Street analysts, and the number of shares now sold short amount to at least 3.68% of shares outstanding.

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 21st. (NYSE:BKS), its shares were trading at $7.5 a retreat of $-0.1, on the trading floor.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $99,470 activity.

Current ratio is about 1.15. If you are viewing this story on another website, it was copied illegally and reposted in violation of US and worldwide copyright law. Garfield Mark S. sold $531,032 worth of Symantec Corporation (NASDAQ:SYMC) on Monday, May 22. The shares were sold at an average price of $30.18, for a total value of $1,428,841.92. Following the sale, the executive vice president now owns 116,624 shares in the company, valued at $3,421,748.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The shares were sold at an average price of $32.45, for a total transaction of $900,195.45. The disclosure for this sale can be found here. The stock has performed -4.82% over the last seven days, -8.68% over the last thirty, and -9.16% over the last three months.

Hedge funds have recently made changes to their positions in the stock. Illinois-based Nuveen Asset Management Limited Company has invested 0.03% in Symantec Corporation (NASDAQ:SYMC). Janus Capital Management LLC now owns 7,033,459 shares of the technology company's stock worth $215,787,000 after buying an additional 1,714,844 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of Symantec Corporation by 7.8% in the fourth quarter. Whale Rock Capital Management Llc sold 746,961 shares as Symantec Corp (SYMC)'s stock rose 0.76%. Vanguard Group Inc. increased its stake in shares of Symantec Corporation by 2.7% in the first quarter. Finally, FMR LLC raised its position in Symantec Corporation by 4.7% in the fourth quarter. IFP Advisors Inc now owns 6,283 shares of the technology company's stock worth $193,000 after buying an additional 19 shares in the last quarter. The Firm offers products under categories, such as threat protection, information protection, cyber security services and Website security. Under threat protection, it offers Advanced Threat Protection, Endpoint Protection, Endpoint Protection Cloud, IT Management Suite, Email Security.Cloud, Data Center Security and Cloud Workload Protection products.



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