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):
Get VIZIO alerts:- 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
(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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