Insider Selling: VIZIO Holding Corp. (NYSE:VZIO) Major Shareholder Sells 15,477 Shares of Stock

VIZIO Holding Corp. (NYSE:VZIO) major shareholder V-Tw Holdings, Llc sold 15,477 shares of the firm’s stock in a transaction that occurred on Tuesday, September 21st. The stock was sold at an average price of $19.61, for a total transaction of $303,503.97. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

V-Tw Holdings, Llc also recently made the following trade(s):

  • On Tuesday, September 14th, V-Tw Holdings, Llc sold 20,000 shares of VIZIO stock. The stock was sold at an average price of $19.55, for a total transaction of $391,000.00.
  • On Wednesday, September 1st, V-Tw Holdings, Llc sold 75,000 shares of VIZIO stock. The shares were sold at an average price of $20.73, for a total transaction of $1,554,750.00.
  • On Monday, August 30th, V-Tw Holdings, Llc sold 46,375 shares of VIZIO stock. The shares were sold at an average price of $19.59, for a total transaction of $908,486.25.
  • On Friday, August 27th, V-Tw Holdings, Llc sold 22,114 shares of VIZIO stock. The shares were sold at an average price of $20.53, for a total transaction of $454,000.42.
  • On Wednesday, August 25th, V-Tw Holdings, Llc sold 34,448 shares of VIZIO stock. The shares were sold at an average price of $20.50, for a total transaction of $706,184.00.
  • On Friday, August 20th, V-Tw Holdings, Llc sold 22,157 shares of VIZIO stock. The shares were sold at an average price of $19.91, for a total transaction of $441,145.87.
  • On Tuesday, August 17th, V-Tw Holdings, Llc sold 1,743 shares of VIZIO stock. The shares were sold at an average price of $20.10, for a total transaction of $35,034.30.

Shares of VZIO traded up $0.40 during mid-day trading on Thursday, hitting $20.03. 8,643 shares of the company traded hands, compared to its average volume of 888,870. The business has a 50-day moving average price of $21.18. VIZIO Holding Corp. has a 1 year low of $17.25 and a 1 year high of $28.80.

VIZIO (NYSE:VZIO) last released its quarterly earnings data on Wednesday, August 4th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.02). The firm had revenue of $401.16 million for the quarter, compared to analysts’ expectations of $390.02 million. During the same period last year, the firm earned $0.09 earnings per share. The firm’s revenue was up 2.0% compared to the same quarter last year. On average, equities analysts predict that VIZIO Holding Corp. will post -0.25 earnings per share for the current year.

A number of research analysts recently issued reports on the stock. Cannonball Research began coverage on shares of VIZIO in a research report on Monday. They set a “neutral” rating for the company. Zacks Investment Research raised shares of VIZIO from a “sell” rating to a “hold” rating in a report on Tuesday, August 10th. Morgan Stanley began coverage on shares of VIZIO in a report on Tuesday, September 14th. They issued an “overweight” rating and a $27.00 target price for the company. Finally, Stephens began coverage on shares of VIZIO in a report on Monday, September 13th. They issued an “overweight” rating and a $27.00 target price for the company. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $29.56.

A number of hedge funds and other institutional investors have recently made changes to their positions in VZIO. Ameriprise Financial Inc. bought a new stake in VIZIO during the first quarter valued at approximately $30,314,000. Shelter Haven Capital Management L.P. bought a new position in shares of VIZIO in the first quarter worth approximately $24,140,000. The Manufacturers Life Insurance Company bought a new position in shares of VIZIO in the second quarter worth approximately $22,854,000. Vanguard Group Inc. boosted its position in shares of VIZIO by 77.1% in the second quarter. Vanguard Group Inc. now owns 1,656,777 shares of the company’s stock worth $44,750,000 after purchasing an additional 721,205 shares during the period. Finally, Point72 Asset Management L.P. bought a new position in shares of VIZIO in the first quarter worth approximately $16,741,000. Institutional investors own 6.70% of the company’s stock.

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

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Insider Buying and Selling by Quarter for VIZIO (NYSE:VZIO)

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