VIZIO Holding Corp. (NYSE:VZIO – Get Rating) major shareholder Technology Co. Ltd. Amtran sold 100,000 shares of the business's stock in a transaction dated Monday, September 12th. The shares were sold at an average price of $11.92, for a total value of $1,192,000.00. Following the completion of the transaction, the insider now owns 11,676,118 shares in the company, valued at approximately $139,179,326.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
Technology Co. Ltd. Amtran also recently made the following trade(s):
Get VIZIO alerts:- 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 value of $761,600.00.
- On Wednesday, August 24th, Technology Co. Ltd. Amtran sold 4,809 shares of VIZIO stock. The stock was 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 stock was 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 value of $855,400.00.
- On Tuesday, August 9th, Technology Co. Ltd. Amtran sold 50,000 shares of VIZIO stock. The stock was sold at an average price of $10.02, for a total value of $501,000.00.
- On Wednesday, August 3rd, Technology Co. Ltd. Amtran sold 70,000 shares of VIZIO stock. The shares were sold at an average price of $10.06, for a total value of $704,200.00.
- On Monday, August 1st, Technology Co. Ltd. Amtran sold 50,000 shares of VIZIO stock. The shares were sold at an average price of $9.19, for a total transaction of $459,500.00.
- On Friday, July 29th, Technology Co. Ltd. Amtran sold 50,000 shares of VIZIO stock. The shares were sold at an average price of $8.68, for a total transaction of $434,000.00.
- On Wednesday, July 27th, Technology Co. Ltd. Amtran sold 100,000 shares of VIZIO stock. The shares were sold at an average price of $9.17, for a total value of $917,000.00.
VIZIO Trading Down 2.1 %
Shares of VIZIO stock traded down $0.26 during trading on Tuesday, reaching $11.87. The company's stock had a trading volume of 3,999 shares, compared to its average volume of 415,473. VIZIO Holding Corp. has a one year low of $6.47 and a one year high of $22.17. The stock has a 50-day moving average price of $10.04 and a two-hundred day moving average price of $9.14. The stock has a market capitalization of $2.29 billion, a P/E ratio of -60.65 and a beta of 1.41.
VIZIO (NYSE:VZIO – Get Rating) last issued its quarterly earnings results on Wednesday, August 10th. The company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.04. VIZIO had a negative net margin of 1.77% and a negative return on equity of 11.40%. The business had revenue of $408.90 million during the quarter, compared to analyst estimates of $407.17 million. During the same quarter last year, the business posted ($0.08) earnings per share. VIZIO's revenue for the quarter was up 1.9% compared to the same quarter last year.Analysts Set New Price Targets
A number of equities analysts recently issued reports on VZIO shares. Guggenheim boosted their target price on shares of VIZIO to $14.00 in a research report on Monday, August 15th. Wells Fargo & Company reduced their target price on shares of VIZIO from $17.00 to $16.00 and set an "overweight" rating for the company in a research note on Thursday, August 11th. Finally, Craig Hallum boosted their price target on VIZIO to $15.00 in a research note on Monday, August 15th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $18.38.
Hedge Funds Weigh In On VIZIO
Several large investors have recently bought and sold shares of the business. Private Advisor Group LLC acquired a new position in VIZIO in the fourth quarter valued at about $818,000. PEAK6 Investments LLC boosted its holdings in shares of VIZIO by 16.7% in the fourth quarter. PEAK6 Investments LLC now owns 87,733 shares of the company's stock valued at $1,705,000 after buying an additional 12,545 shares during the period. Northern Trust Corp increased its position in shares of VIZIO by 5.9% during the fourth quarter. Northern Trust Corp now owns 404,876 shares of the company's stock worth $7,867,000 after acquiring an additional 22,383 shares in the last quarter. Ardmore Road Asset Management LP acquired a new stake in shares of VIZIO during the fourth quarter worth $16,127,000. Finally, Adage Capital Partners GP L.L.C. lifted its position in VIZIO by 296.2% in 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 acquiring an additional 592,467 shares in the last quarter. 15.20% of the stock is currently owned by institutional investors and hedge funds.
VIZIO Company Profile
(Get Rating)
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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