Gen Digital shares are trading higher after an SEC filing showed President Ondrej Vlcek acquired a total 300,000 shares an average price of $15.79.
Portfolio Pulse from Benzinga Newsdesk
Gen Digital shares are trading higher after an SEC filing showed President Ondrej Vlcek acquired 300,000 shares at an average price of $15.79.
May 22, 2023 | 7:12 pm
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POSITIVE IMPACT
Gen Digital's stock price is likely to increase in the short term after President Ondrej Vlcek acquired 300,000 shares at an average price of $15.79.
The acquisition of 300,000 shares by President Ondrej Vlcek at an average price of $15.79 indicates a strong vote of confidence in the company's future prospects. This insider trading activity is likely to have a positive impact on the stock price in the short term, as it signals to investors that the company's leadership believes in its growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100