VIZIO Holding Corp. (NYSE:VZIO) Insider Michael Joseph O’donnell Sells 2,555 Shares

VIZIO Holding Corp. (NYSE:VZIO) insider Michael Joseph O’donnell sold 2,555 shares of the business’s stock in a transaction dated Wednesday, August 21st. The shares were 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 directly owns 602,364 shares of the company’s stock, valued at $6,704,311.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Michael Joseph O’donnell also recently made the following trade(s):

• On Friday, June 21st, Michael Joseph O’donnell sold 43,397 shares of VIZIO stock. The shares were sold at an average price of $10.63, for a total value of $461,310.11.

VIZIO Trading Up 0.3 %

Shares of VZIO stock opened at $11.15 on Friday. The company has a market cap of $2.21 billion, a price-to-earnings ratio of 123.89 and a beta of 2.04. The stock has a 50 day simple moving average of $10.92 and a 200-day simple moving average of $10.66. VIZIO Holding Corp. has a 12-month low of $4.82 and a 12-month high of $11.28.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VZIO. Barrington Research raised VIZIO from a “market perform” rating to an “outperform” rating in a report on Wednesday, May 29th. Needham & Company LLC reissued a “hold” rating on shares of VIZIO in a report on Friday, June 21st. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $10.25.

Hedge Funds Weigh In On VIZIO

Large investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company grew its holdings in shares of VIZIO by 8.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 2,488,732 shares of the company’s stock worth $19,163,000 after acquiring an additional 188,430 shares during the period. Gabelli Funds LLC acquired a new stake in shares of VIZIO in the 1st quarter worth approximately $9,784,000. Tokio Marine Asset Management Co. Ltd. acquired a new stake in shares of VIZIO in the 1st quarter worth approximately $6,760,000. Vanguard Group Inc. grew its holdings in shares of VIZIO by 13.6% in the 1st quarter. Vanguard Group Inc. now owns 7,686,512 shares of the company’s stock worth $84,090,000 after acquiring an additional 918,300 shares during the period. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of VIZIO in the 1st quarter worth approximately $1,612,000. 66.24% of the stock is owned by hedge funds and other institutional investors.

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.