Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Gen Digital Inc. (NASDAQ:GEN)

Posted by Wayne Rhoads on May 13th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Gen Digital Inc. (NASDAQ:GEN). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Gen Digital stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Gen Digital Price Performance

NASDAQ GEN traded down $0.36 during trading hours on Tuesday, reaching $22.04. 8,860,713 shares of the company’s stock were exchanged, compared to its average volume of 7,192,227. The stock has a market cap of $13.35 billion, a PE ratio of 13.95 and a beta of 1.10. Gen Digital Inc. has a one year low of $17.78 and a one year high of $32.22. The firm has a fifty day moving average of $20.14 and a 200-day moving average of $23.80. The company has a current ratio of 0.40, a quick ratio of 0.47 and a debt-to-equity ratio of 3.07.

Gen Digital (NASDAQ:GEN – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.02. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.25 billion. Gen Digital had a return on equity of 55.47% and a net margin of 19.46%.Gen Digital’s revenue for the quarter was up 27.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.59 EPS. Gen Digital has set its Q1 2027 guidance at 0.680-0.700 EPS and its FY 2027 guidance at 2.850-2.950 EPS. On average, equities research analysts predict that Gen Digital Inc. will post 2.66 earnings per share for the current fiscal year.

Gen Digital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Monday, May 18th will be given a dividend of $0.125 per share. The ex-dividend date is Monday, May 18th. This represents a $0.50 dividend on an annualized basis and a yield of 2.3%. Gen Digital’s dividend payout ratio is 31.65%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on GEN shares. Wells Fargo & Company assumed coverage on Gen Digital in a research report on Tuesday, March 3rd. They set an “equal weight” rating and a $22.00 price target on the stock. Barclays increased their price objective on Gen Digital from $26.00 to $27.00 and gave the company an “equal weight” rating in a research report on Friday. Wall Street Zen upgraded Gen Digital from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Research upgraded Gen Digital from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Gen Digital in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Gen Digital currently has a consensus rating of “Hold” and an average price target of $31.29.

Get Our Latest Analysis on GEN

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Gen Digital by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 73,310,110 shares of the company’s stock valued at $1,993,302,000 after purchasing an additional 1,096,313 shares during the period. State Street Corp lifted its stake in shares of Gen Digital by 3.4% in the 3rd quarter. State Street Corp now owns 30,558,806 shares of the company’s stock valued at $867,565,000 after purchasing an additional 1,015,755 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Gen Digital by 2.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 22,961,310 shares of the company’s stock valued at $651,867,000 after purchasing an additional 487,393 shares during the period. First Trust Advisors LP lifted its stake in shares of Gen Digital by 22.3% in the 4th quarter. First Trust Advisors LP now owns 19,941,546 shares of the company’s stock valued at $542,211,000 after purchasing an additional 3,640,451 shares during the period. Finally, Boston Partners lifted its stake in shares of Gen Digital by 14.3% in the 4th quarter. Boston Partners now owns 15,644,289 shares of the company’s stock valued at $425,336,000 after purchasing an additional 1,954,712 shares during the period. Institutional investors and hedge funds own 81.38% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Gen Digital Company Profile

(Get Free Report)

Gen Digital (NASDAQ: GEN) is a global cybersecurity company specializing in consumer- and small-business-focused security, privacy, and identity protection solutions. The company offers a suite of products designed to safeguard devices, networks, and personal information against malware, ransomware, phishing attacks and other digital threats. With a focus on user-friendly interfaces and cross-platform compatibility, Gen Digital develops antivirus software, VPN services, parental controls, password management tools, and comprehensive identity-theft monitoring services.

Gen Digital traces its origins to the consumer software division of Symantec Corporation, which was spun off in late 2019 under the NortonLifeLock name.