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 business’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 value of $303,503.97. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Thursday, September 23rd, V-Tw Holdings, Llc sold 75,000 shares of VIZIO stock. The shares were sold at an average price of $19.93, for a total value of $1,494,750.00.
  • On Tuesday, September 14th, V-Tw Holdings, Llc sold 20,000 shares of VIZIO stock. The shares were sold at an average price of $19.55, for a total value 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 value 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 value 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 value 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 value 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 value 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 value of $35,034.30.

VZIO opened at $19.56 on Friday. The business’s fifty day moving average price is $20.93. VIZIO Holding Corp. has a one year low of $17.25 and a one year high of $28.80.

VIZIO (NYSE:VZIO) last posted its earnings results on Wednesday, August 4th. The company reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.06) by ($0.02). The business had revenue of $401.16 million during the quarter, compared to the consensus estimate of $390.02 million. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.09 EPS. As a group, equities analysts predict that VIZIO Holding Corp. will post -0.25 EPS for the current year.

Several large investors have recently modified their holdings of VZIO. Ameriprise Financial Inc. purchased a new stake in shares of VIZIO in the first quarter valued at $30,314,000. Shelter Haven Capital Management L.P. purchased a new stake in shares of VIZIO in the first quarter valued at $24,140,000. The Manufacturers Life Insurance Company purchased a new stake in shares of VIZIO in the second quarter valued at $22,854,000. Vanguard Group Inc. lifted 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 valued at $44,750,000 after acquiring an additional 721,205 shares in the last quarter. Finally, Point72 Asset Management L.P. purchased a new stake in shares of VIZIO in the first quarter valued at $16,741,000. Institutional investors and hedge funds own 6.70% of the company’s stock.

A number of research analysts have recently issued reports on VZIO shares. Morgan Stanley started coverage on VIZIO in a report on Tuesday, September 14th. They issued an “overweight” rating and a $27.00 target price on the stock. Stephens started coverage on VIZIO in a report on Monday, September 13th. They set an “overweight” rating and a $27.00 price objective on the stock. Cannonball Research started coverage on VIZIO in a report on Monday, September 20th. They set a “neutral” rating on the stock. Finally, Zacks Investment Research raised VIZIO from a “sell” rating to a “hold” rating in a report on Tuesday, August 10th. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, VIZIO currently has a consensus rating of “Buy” and a consensus price target of $29.56.

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

Recommended Story: Stock Portfolio Tracker

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

Receive News & Ratings for VIZIO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VIZIO and related companies with MarketBeat.com's FREE daily email newsletter.