VIZIO Holding Corp. (NYSE:VZIO – Get Rating) major shareholder Technology Co. Ltd. Amtran sold 9,420 shares of VIZIO stock in a transaction on Monday, September 26th. The shares were sold at an average price of $10.03, for a total transaction of $94,482.60. Following the completion of the transaction, the insider now owns 11,226,698 shares in the company, valued at approximately $112,603,780.94. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC.
Technology Co. Ltd. Amtran also recently made the following trade(s):
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- On Wednesday, September 21st, Technology Co. Ltd. Amtran sold 50,000 shares of VIZIO stock. The shares were sold at an average price of $10.62, for a total transaction of $531,000.00.
- On Wednesday, September 21st, Technology Co. Ltd. Amtran sold 50,000 shares of VIZIO stock. The shares were sold at an average price of $10.62, for a total transaction of $531,000.00.
- On Monday, September 19th, Technology Co. Ltd. Amtran sold 70,000 shares of VIZIO stock. The shares were sold at an average price of $10.89, for a total transaction of $762,300.00.
- On Wednesday, September 14th, Technology Co. Ltd. Amtran sold 60,000 shares of VIZIO stock. The shares were sold at an average price of $11.77, for a total transaction of $706,200.00.
- On Monday, September 12th, Technology Co. Ltd. Amtran sold 100,000 shares of VIZIO stock. The shares were sold at an average price of $11.92, for a total transaction of $1,192,000.00.
- On Thursday, September 8th, Technology Co. Ltd. Amtran sold 70,000 shares of VIZIO stock. The shares were sold at an average price of $10.88, for a total transaction of $761,600.00.
- On Wednesday, August 24th, Technology Co. Ltd. Amtran sold 4,809 shares of VIZIO stock. The shares were sold at an average price of $11.31, for a total transaction of $54,389.79.
- On Wednesday, August 17th, Technology Co. Ltd. Amtran sold 70,000 shares of VIZIO stock. The shares were sold at an average price of $12.37, for a total transaction of $865,900.00.
- On Monday, August 15th, Technology Co. Ltd. Amtran sold 80,000 shares of VIZIO stock. The shares were sold at an average price of $12.80, for a total transaction of $1,024,000.00.
- On Thursday, August 11th, Technology Co. Ltd. Amtran sold 70,000 shares of VIZIO stock. The stock was sold at an average price of $12.22, for a total transaction of $855,400.00.
VIZIO Trading Down 1.2 %
VZIO stock traded down $0.12 during mid-day trading on Tuesday, hitting $9.70. 12,435 shares of the company were exchanged, compared to its average volume of 424,357. The company has a market capitalization of $1.87 billion, a PE ratio of -49.10 and a beta of 1.41. VIZIO Holding Corp. has a twelve month low of $6.47 and a twelve month high of $22.17. The firm has a fifty day simple moving average of $10.69 and a 200 day simple moving average of $9.12.
VIZIO (NYSE:VZIO – Get Rating) last announced its quarterly earnings data on Wednesday, August 10th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.04. The company had revenue of $408.90 million during the quarter, compared to analyst estimates of $407.17 million. VIZIO had a negative net
margin of 1.77% and a negative return on equity of 11.40%. The firm's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period last year, the business earned ($0.08) EPS.
Wall Street Analysts Forecast Growth
VZIO has been the topic of several analyst reports. Wells Fargo & Company dropped their price target on shares of VIZIO from $17.00 to $16.00 and set an "overweight" rating on the stock in a research note on Thursday, August 11th. Craig Hallum lifted their price target on shares of VIZIO to $15.00 in a research note on Monday, August 15th. Finally, Guggenheim lifted their price target on shares of VIZIO to $14.00 in a research note on Monday, August 15th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $15.50.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. Brown Advisory Inc. acquired a new position in shares of VIZIO in the 2nd quarter valued at about $15,401,000. Wellington Management Group LLP boosted its holdings in shares of VIZIO by 33.7% in the 1st quarter. Wellington Management Group LLP now owns 6,466,681 shares of the company's stock valued at $57,489,000 after buying an additional 1,629,570 shares during the period. Disciplined Growth Investors Inc. MN acquired a new position in shares of VIZIO in the 1st quarter valued at about $8,811,000. State Street Corp boosted its holdings in shares of VIZIO by 588.0% in the 2nd quarter. State Street Corp now owns 847,766 shares of the company's stock valued at $5,782,000 after buying an additional 724,541 shares during the period. Finally, Adage Capital Partners GP L.L.C. boosted its stake in VIZIO by 296.2% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 792,467 shares of the company's stock valued at $15,398,000 after purchasing an additional 592,467 shares during the period. 15.20% of the stock is owned by institutional investors and hedge funds.
VIZIO Company Profile
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VIZIO Holding Corp., through its subsidiaries, provides smart televisions, sound bars, and accessories in the United States. It also operates Platform+ that comprises SmartCast, a Smart TV operating system, enabling integrated home entertainment solution, and data intelligence and services products through Inscape.
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