VIZIO (NYSE:VZIO – Get Free Report)‘s stock had its “hold” rating reiterated by Needham & Company LLC in a research report issued to clients and investors on Wednesday, Benzinga reports.
VIZIO Stock Performance
Shares of NYSE:VZIO opened at $11.25 on Wednesday. The stock’s 50-day simple moving average is $11.16 and its two-hundred day simple moving average is $10.90. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 125.01 and a beta of 2.04. VIZIO has a 52-week low of $4.82 and a 52-week high of $11.37.
Insiders Place Their Bets
In other news, insider Michael Joseph O’donnell sold 2,555 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The shares were 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 in the company, valued at approximately $6,704,311.32. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 44.68% of the company’s stock.
Hedge Funds Weigh In On VIZIO
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.
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