VIZIO Holding Corp. (NYSE:VZIO) Major Shareholder Sells $391,000.00 in Stock

VIZIO Holding Corp. (NYSE:VZIO) major shareholder V-Tw Holdings, Llc sold 20,000 shares of the company’s stock in a transaction dated Tuesday, September 14th. The shares were sold at an average price of $19.55, for a total transaction of $391,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • 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 transaction 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 stock was sold at an average price of $20.50, for a total transaction 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 stock was sold at an average price of $20.10, for a total value of $35,034.30.

Shares of VZIO stock opened at $19.08 on Friday. VIZIO Holding Corp. has a twelve month low of $17.25 and a twelve month high of $28.80. The stock’s fifty day simple moving average is $21.65.

VIZIO (NYSE:VZIO) last issued its quarterly 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 company had revenue of $401.16 million during the quarter, compared to analyst estimates of $390.02 million. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.09 EPS. On average, analysts predict that VIZIO Holding Corp. will post -0.25 earnings per share for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of VIZIO by 77.1% in the 2nd 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 during the last quarter. Ameriprise Financial Inc. bought a new stake in shares of VIZIO in the 1st quarter valued at about $30,314,000. FMR LLC lifted its stake in shares of VIZIO by 21.1% in the 2nd quarter. FMR LLC now owns 1,186,000 shares of the company’s stock valued at $32,034,000 after acquiring an additional 206,800 shares during the last quarter. Shelter Haven Capital Management L.P. bought a new stake in shares of VIZIO in the 1st quarter valued at about $24,140,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of VIZIO in the 2nd quarter valued at about $22,854,000. Hedge funds and other institutional investors own 6.70% of the company’s stock.

Several equities analysts have recently issued reports on the company. Zacks Investment Research upgraded VIZIO from a “sell” rating to a “hold” rating in a research report on Tuesday, August 10th. Stephens assumed coverage on VIZIO in a research report on Monday, September 13th. They issued an “overweight” rating and a $27.00 price objective for the company. Finally, Morgan Stanley assumed coverage on VIZIO in a research note on Tuesday. They issued an “overweight” rating and a $27.00 target price on the stock. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, VIZIO has a consensus rating of “Buy” and an average target price of $29.56.

About VIZIO

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.

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

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