XTX Topco Ltd Purchases New Position in VIZIO Holding Corp. (NYSE:VZIO)

XTX Topco Ltd acquired a new position in shares of VIZIO Holding Corp. (NYSE:VZIO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 21,083 shares of the company’s stock, valued at approximately $228,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its position in VIZIO by 13.6% during the first quarter. Vanguard Group Inc. now owns 7,686,512 shares of the company’s stock worth $84,090,000 after buying an additional 918,300 shares during the period. Pentwater Capital Management LP increased its holdings in shares of VIZIO by 1,294.9% in the 2nd quarter. Pentwater Capital Management LP now owns 6,800,000 shares of the company’s stock valued at $73,440,000 after acquiring an additional 6,312,500 shares during the period. Magnetar Financial LLC acquired a new position in shares of VIZIO in the 1st quarter valued at $43,318,000. Alpine Associates Management Inc. raised its position in VIZIO by 9.7% in the 2nd quarter. Alpine Associates Management Inc. now owns 3,080,298 shares of the company’s stock valued at $33,267,000 after purchasing an additional 271,650 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in VIZIO by 8.2% during the 4th quarter. The Manufacturers Life Insurance Company now owns 2,488,732 shares of the company’s stock worth $19,163,000 after purchasing an additional 188,430 shares during the period. 66.24% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at VIZIO

In other VIZIO news, insider Michael Joseph O’donnell sold 2,555 shares of the firm’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $11.13, for a total value of $28,437.15. Following the completion of the sale, the insider now owns 602,364 shares of the company’s stock, valued at $6,704,311.32. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 44.68% of the company’s stock.

Wall Street Analysts Forecast Growth

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

VIZIO Stock Down 0.2 %

Shares of NYSE:VZIO opened at $11.21 on Monday. VIZIO Holding Corp. has a 52 week low of $4.82 and a 52 week high of $11.30. The company has a 50-day moving average price of $11.13 and a 200 day moving average price of $10.89. The company has a market cap of $2.22 billion, a P/E ratio of 124.56 and a beta of 2.04.

VIZIO Profile

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.