What do Insider Trends Have to Say About Symantec Corporation (SYMC)?


Advisory Services Network acquired a new position in stocks of Symantec Corporation during the Q1 valued about $142,000. 554.75 million shares or 0.62% more from 551.32 million shares in 2016Q3 were reported. Symantec Corporation (NASDAQ:SYMC) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges.

Fiduciary Trust Company increased Apple Inc (AAPL) stake by 0.66% reported in 2016Q4 SEC filing.

Symantec Corporation (NASDAQ:SYMC) last announced its quarterly earnings data on Wednesday, August 2nd.

Here is a rundown on some insider market activity for Symantec Corporation (NASDAQ:SYMC). Mason Street Advisors LLC grew its position in Symantec Corporation by 0.3% in the 1st quarter. Royal Bankshares Of Canada reported 1.25M shares. They give the company shares an ABR of N/A. Manufacturers Life The holds 0% of its portfolio in IKONICS Corporation (NASDAQ:IKNX) for 28 shares. Envestnet Asset Mngmt Inc, a Illinois-based fund reported 259,514 shares. (NASDAQ:AAPL). Quantitative Mngmt Ltd Liability Corp reported 0.02% in Apple Inc. American Ins Tx reported 9,650 shares or 0.05% of all its holdings. Symantec Corporation's dividend payout ratio is now -49.18%. Citigroup Inc holds 686,121 shares.

Since April 3, 2017, it had 0 insider buys, and 10 sales for $4.65 million activity. This works out to a net decrease in ownership of 7.18 million shares, and suggests that institutions are feeling bearish about the stock. As of the end of the quarter Cantab Capital Partners Llp had sold a total of 26,584 shares trimming its position 53.3%. 11,949 Apple Inc. (NASDAQ:AAPL) shares with value of $1.86M were sold by Riccio Daniel J. Shares for $735,898 were sold by Maestri Luca on Friday, June 2.

Recent insider trends for Symantec Corporation (NASDAQ:SYMC) have caught the attention of investors. Scott C. Taylor, EVP reported the sale of 15,000 shares of (SYMC). Renaissance Technologies LLC now owns 4,857,838 shares of the technology company's stock worth $137,234,000 after buying an additional 3,897,200 shares during the period. Therefore 44% are positive. Symantec Corporation has a 1 year low of $22.76 and a 1 year high of $34.17. the firms valuation is $20.40 B. The stock decreased 0.12% or $0.05 during the last trading session, reaching $40.7. Symantec had 70 analyst reports since August 11, 2015 according to SRatingsIntel. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The firm has "Buy" rating by Mizuho given on Monday, July 10. On Friday, April 29 the stock rating was maintained by Citigroup with "Buy". The stock of Symantec Corporation (NASDAQ:SYMC) has "Buy" rating given on Wednesday, August 2 by Piper Jaffray. Wunderlich has "Hold" rating and $19 target. The firm has "Neutral" rating given on Friday, February 5 by M Partners. Finally, BidaskClub raised Symantec Corporation from a "sell" rating to a "hold" rating in a research report on Wednesday, August 23rd. The firm has "Hold" rating given on Friday, June 9 by Robert W. Baird.

About 3.32 million shares traded. Moffett Nathanson assumed coverage on Symantec Corporation in a research report on Wednesday, September 6th. It has outperformed by 55.12% the S&P500.

Analysts await Symantec Corporation (NASDAQ:SYMC) to report earnings on November, 2. SYMC's latest closing price was 14.21% away from the average-price of 200 days while it maintained a distance of 10.24% from the 50 Day Moving Average and 9.78% away compared to its SMA 20. SYMC's profit will be $159.82M for 32.07 P/E if the $0.26 EPS becomes a reality. After $0.15 actual earnings per share reported by Symantec Corporation for the previous quarter, Wall Street now forecasts 73.33% EPS growth.

Symantec Corporation, launched on April 19, 1988, provides security and information management solutions. Barclays Plc who had been investing in Symantec Corp for a number of months, seems to be bullish on the $20.61B market cap company. The Firm offers products under categories, such as threat protection, information protection, cyber security services and Website security. It now has negative earnings. Under threat protection, it offers Advanced Threat Protection, Endpoint Protection, Endpoint Protection Cloud, IT Management Suite, Email Security.Cloud, Data Center Security and Cloud Workload Protection products.

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