VIZIO Holding Corp. (NYSE:VZIO) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP decreased its holdings in VIZIO Holding Corp. (NYSE:VZIO) by 17.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 592,957 shares of the company’s stock after selling 126,724 shares during the period. Dimensional Fund Advisors LP owned about 0.30% of VIZIO worth $6,403,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of VZIO. Thurston Springer Miller Herd & Titak Inc. acquired a new position in VIZIO during the 2nd quarter worth approximately $27,000. Quest Partners LLC purchased a new position in VIZIO in the second quarter valued at $40,000. Future Financial Wealth Managment LLC acquired a new stake in VIZIO in the first quarter valued at $44,000. Meeder Asset Management Inc. purchased a new stake in VIZIO during the 1st quarter worth about $101,000. Finally, Principal Financial Group Inc. acquired a new position in shares of VIZIO during the 1st quarter worth about $110,000. Institutional investors and hedge funds own 66.24% of the company’s stock.

Insider Transactions at VIZIO

In other VIZIO news, insider Michael Joseph O’donnell sold 2,555 shares of the business’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $11.13, for a total transaction of $28,437.15. Following the sale, the insider now directly owns 602,364 shares in the company, valued at approximately $6,704,311.32. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 44.68% of the company’s stock.

Analysts Set New Price Targets

Separately, Needham & Company LLC reissued a “hold” rating on shares of VIZIO in a research report on Friday, June 21st. Nine investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $10.50.

VIZIO Stock Performance

Shares of VIZIO stock opened at $11.25 on Wednesday. The company has a market cap of $2.26 billion, a P/E ratio of 125.35 and a beta of 2.04. The firm has a fifty day moving average of $11.16 and a two-hundred day moving average of $10.90. VIZIO Holding Corp. has a one year low of $4.82 and a one year high of $11.37.

About VIZIO

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 entertainment solution, and data intelligence and services products through Inscape.