Skandinaviska Enskilda Banken AB publ bought a new stake in shares of VIZIO Holding Corp. (NYSE:VZIO – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor bought 151,509 shares of the company’s stock, valued at approximately $1,636,000.
Other institutional investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company lifted its position in shares of VIZIO by 8.2% during the 4th quarter. The Manufacturers Life Insurance Company now owns 2,488,732 shares of the company’s stock valued at $19,163,000 after acquiring an additional 188,430 shares during the period. Gabelli Funds LLC bought a new stake in shares of VIZIO during the 1st quarter worth $9,784,000. Tokio Marine Asset Management Co. Ltd. bought a new stake in shares of VIZIO during the 1st quarter worth $6,760,000. Vanguard Group Inc. lifted its position in shares of VIZIO by 13.6% during the 1st 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 last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new stake in shares of VIZIO during the 1st quarter worth $1,612,000. 66.24% of the stock is currently owned by institutional investors.
Insider Activity
In other news, insider Michael Joseph O’donnell sold 2,555 shares of the stock in a transaction dated 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 44.68% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Report on VZIO
VIZIO Trading Down 0.1 %
Shares of VZIO stock opened at $11.24 on Tuesday. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of 124.44 and a beta of 2.04. The stock has a 50-day moving average of $11.11 and a 200-day moving average of $10.89. VIZIO Holding Corp. has a 1-year low of $4.82 and a 1-year high of $11.30.
VIZIO Company 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.
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