NortonLifeLock Inc. is a global leader in consumer Cyber Safety, protecting and empowering people to live their digital lives safely. It is the consumer's trusted ally in an increasingly complex and connected world.
Company profile
Ticker
GEN
Exchange
Website
CEO
Vincent Pilette
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global • BlackBerry • Activision Blizzard • Vmware • Adobe • Ceridian HCM Holding • McAfee • Full Truck Alliance ...
Former names
NortonLifeLock Inc., SYMANTEC CORP
SEC CIK
Corporate docs
Subsidiaries
Alpaca BidCo GmbH • Alpaca HoldCo GmbH • Alpaca TopCo GmbH • Avira CM GmbH • Avira Holding GmbH and Co • Blue Coat Systems Holding LLC • LifeLock, Inc. • Norton LifeLock Ireland Holdings Unlimited Company • NortonLifeLock Ireland Limited • NortonLifeLock Japan G.K. ...
IRS number
770181864
GEN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Results of Operations and Financial Condition
2 Feb 23
10-Q
2023 Q2
Quarterly report
9 Nov 22
8-K
Results of Operations and Financial Condition
8 Nov 22
8-K
Amendments to Articles of Incorporation or Bylaws
7 Nov 22
8-K
Entry into a Material Definitive Agreement
19 Sep 22
8-K
Departure of Directors or Certain Officers
16 Sep 22
S-8
Registration of securities for employees
12 Sep 22
8-K
Entry into a Material Definitive Agreement
12 Sep 22
8-K
Management’s Discussion and Analysis of Financial Condition and Results of Operations of Avast
7 Sep 22
8-K
Regulation FD Disclosure
2 Sep 22
Transcripts
GEN
Earnings call transcript
2023 Q1
5 Aug 22
GEN
Earnings call transcript
2022 Q4
6 May 22
GEN
Earnings call transcript
2022 Q3
4 Feb 22
GEN
Earnings call transcript
2022 Q2
4 Nov 21
GEN
Earnings call transcript
2022 Q1
28 Jul 21
GEN
Earnings call transcript
2021 Q3
5 Feb 21
GEN
Earnings call transcript
2021 Q2
5 Nov 20
GEN
Earnings call transcript
2021 Q1
6 Aug 20
GEN
Earnings call transcript
2020 Q4
14 May 20
GEN
Earnings call transcript
2020 Q3
6 Feb 20
Financial summary
| Quarter (USD) | Sep 22 | Jul 22 | Apr 22 | Dec 21 | |
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| Diluted EPS |
| Annual (USD) | Apr 22 | Apr 21 | Apr 20 | Mar 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.10 bn | 1.10 bn | 1.10 bn | 1.10 bn | 1.10 bn | 1.10 bn |
| Cash burn (monthly) | 65.33 mm | 35.92 mm | (no burn) | (no burn) | 29.33 mm | (no burn) |
| Cash used (since last report) | 269.80 mm | 148.32 mm | n/a | n/a | 121.13 mm | n/a |
| Cash remaining | 825.20 mm | 946.68 mm | n/a | n/a | 973.87 mm | n/a |
| Runway (months of cash) | 12.6 | 26.4 | n/a | n/a | 33.2 | n/a |
Institutional ownership, Q3 2022
78.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 543 |
| Opened positions | 51 |
| Closed positions | 75 |
| Increased positions | 252 |
| Reduced positions | 162 |
| 13F shares | Current |
|---|---|
| Total value | 13.24 bn |
| Total shares | 508.43 mm |
| Total puts | 2.49 mm |
| Total calls | 1.15 mm |
| Total put/call ratio | 2.2 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 67.67 mm | $1.36 bn |
| BLK Blackrock | 55.18 mm | $1.11 bn |
| FMR | 26.03 mm | $524.19 mm |
| Alliancebernstein | 23.73 mm | $478.00 mm |
| Starboard Value | 19.20 mm | $386.78 mm |
| Boston Partners | 15.60 mm | $314.33 mm |
| AMP Ameriprise Financial | 13.61 mm | $275.58 mm |
| Pictet Asset Management | 12.97 mm | $261.32 mm |
| Geode Capital Management | 12.19 mm | $245.45 mm |
| Beutel, Goodman & Co | 11.60 mm | $233.61 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Dec 22 | Feld Peter A | Common Stock, $0.01 Par Value | Other | Dispose J | Yes | No | 0 | 289,660 | 0.00 | 430,922 |
| 1 Dec 22 | Ko Bryan Seuk | Common Stock | Payment of exercise | Dispose F | No | No | 23.76 | 13,495 | 320.64 k | 341,771 |
| 10 Nov 22 | Ondrej Vlcek | Common Stock | Grant | Acquire A | No | No | 22.63 | 139,808 | 3.16 mm | 3,723,051 |
| 10 Oct 22 | Ondrej Vlcek | Common Stock | Grant | Acquire A | No | No | 0 | 130,045 | 0.00 | 3,583,243 |
| 15 Sep 22 | Ondrej Vlcek | Common Stock | Buy | Acquire P | No | No | 21.907 | 456,475 | 10.00 mm | 3,453,198 |
News
Gen Digital Inc. - Common Stock Q3 EPS $0.45 Beats $0.43 Estimate, Sales $936.00M Beat $932.85M Estimate
2 Feb 23
MeridianLink Downgraded Due to High Mortgage Exposure, Shares Fall
11 Jan 23
Gen Digital Inc. - Common Stock Q2 EPS $0.45 Up From $0.43 YoY, Sales $748.00M Up From $692.00M YoY
8 Nov 22
Earnings Scheduled For November 8, 2022
8 Nov 22
NortonLifeLock Unveils Its New Company Name, Gen Digital Inc., The Company To Power Digital Freedom; Starting On Nov. 8, Gen Digital Inc. Will Trade On The Nasdaq Stock Exchange Under The Symbol "GEN"
7 Nov 22
Press releases
Gen Reports 14th Consecutive Quarter of Bookings Growth in Q3 FY23
2 Feb 23
Gen to Announce Fiscal 2023 Third Quarter Results on February 2, 2023
12 Jan 23
AARP Services Announces New and Enhanced Benefits and Programs for AARP Members
21 Dec 22
The European Commission selected the EU Digital Identity Wallet Consortium for the EU Digital Identity Wallet Pilots
20 Dec 22
Gen Listed on the 2022 Dow Jones Sustainability Index
12 Dec 22