VIZIO Holding Corp. (NYSE:VZIO – Get Rating) major shareholder Technology Co. Ltd. Amtran sold 70,000 shares of the business's stock in a transaction that occurred on Monday, September 19th. The shares were sold at an average price of $10.89, for a total value of $762,300.00. Following the completion of the sale, the insider now owns 11,416,118 shares of the company's stock, valued at $124,321,525.02. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own more than 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):
Get VIZIO alerts:- 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 value 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 value 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 value 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 value 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 value 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 value of $1,024,000.00.
- On Thursday, August 11th, Technology Co. Ltd. Amtran sold 70,000 shares of VIZIO stock. The shares were 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 shares were 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 value of $459,500.00.
VIZIO Stock Down 3.1 %
Shares of VIZIO stock opened at $10.75 on Wednesday. The stock's fifty day moving average is $10.46 and its 200-day moving average is $9.10. VIZIO Holding Corp. has a 12-month low of $6.47 and a 12-month high of $22.17.
VIZIO (NYSE:VZIO – Get Rating) last announced its earnings results on Wednesday, August 10th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.03) by $0.04. The company had revenue of $408.90 million for the quarter, compared to analyst estimates of $407.17 million. VIZIO had a negative return on equity of 11.40% and a negative net margin of 1.77%. VIZIO's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.08) earnings per share.Wall Street Analysts Forecast Growth
VZIO has been the subject of a number of analyst reports. Wells Fargo & Company reduced their price target on VIZIO from $17.00 to $16.00 and set an "overweight" rating for the company in a research report on Thursday, August 11th. Guggenheim boosted their price target on VIZIO to $14.00 in a research report on Monday, August 15th. Finally, Craig Hallum boosted their price target on VIZIO to $15.00 in a research report on Monday, August 15th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $15.50.
Institutional Investors Weigh In On VIZIO
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Financial Management Professionals Inc. acquired a new position in VIZIO during the second quarter valued at $32,000. Legal & General Group Plc acquired a new position in VIZIO during the second quarter valued at $66,000. 1620 Investment Advisors Inc. acquired a new position in VIZIO during the second quarter valued at $70,000. Strs Ohio acquired a new position in VIZIO during the second quarter valued at $107,000. Finally, Keebeck Alpha LP acquired a new position in VIZIO during the first quarter valued at $113,000. 15.20% of the stock is 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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