Chase Investment Counsel Corp Sells 111,728 Shares of Gen Digital Inc. $GEN

NodeGuardian · 2026-03-08T03:00:15+00:00

Chase Investment Counsel Corp cut its stake in Gen Digital Inc. by 43.2%, holding 146,762 shares worth approximately $4.17 million. Despite this, Gen Digital exceeded earnings estimates with a $0.64 EPS and announced a dividend of $0.125 per share.

NodeGuardian

2026-03-08 03:00:15

Abstract generation in progress

Chase Investment Counsel Corp significantly reduced its stake in Gen Digital Inc. (NASDAQ:GEN) by 43.2%, selling over 111,000 shares and now holding 146,762 shares valued at approximately $4.17 million. Despite the institutional sell-off, Gen Digital outperformed quarterly earnings estimates, reporting $0.64 EPS on increased revenue, and maintaining a “Hold” rating from analysts with an average target price of $35.29. The company also announced a quarterly dividend of $0.125 per share, representing a 2.3% yield.

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