VIZIO Holding Corp. (NYSE:VZIO) Major Shareholder Sells $1,092,820.32 in Stock

VIZIO Holding Corp. (NYSE:VZIO) major shareholder V-Tw Holdings, Llc sold 51,162 shares of the business’s stock in a transaction on Thursday, October 7th. The shares were sold at an average price of $21.36, for a total transaction of $1,092,820.32. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Monday, October 4th, V-Tw Holdings, Llc sold 25,000 shares of VIZIO stock. The shares were sold at an average price of $20.36, for a total transaction of $509,000.00.
  • On Friday, October 1st, V-Tw Holdings, Llc sold 15,148 shares of VIZIO stock. The shares were sold at an average price of $21.36, for a total transaction of $323,561.28.
  • On Monday, September 27th, V-Tw Holdings, Llc sold 22,441 shares of VIZIO stock. The stock was sold at an average price of $21.09, for a total transaction of $473,280.69.
  • On Thursday, September 23rd, V-Tw Holdings, Llc sold 75,000 shares of VIZIO stock. The stock was sold at an average price of $19.93, for a total transaction of $1,494,750.00.
  • On Tuesday, September 21st, V-Tw Holdings, Llc sold 15,477 shares of VIZIO stock. The stock was sold at an average price of $19.61, for a total transaction of $303,503.97.
  • On Tuesday, September 14th, V-Tw Holdings, Llc sold 20,000 shares of VIZIO stock. The stock was sold at an average price of $19.55, for a total transaction of $391,000.00.
  • On Wednesday, September 1st, V-Tw Holdings, Llc sold 75,000 shares of VIZIO stock. The stock was 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 shares were sold at an average price of $20.50, for a total value of $706,184.00.

NYSE VZIO opened at $19.75 on Thursday. The company has a 50-day simple moving average of $20.03 and a two-hundred day simple moving average of $22.54. VIZIO Holding Corp. has a 12-month low of $17.25 and a 12-month high of $28.80.

VIZIO (NYSE:VZIO) last posted its earnings results on Wednesday, August 4th. The company reported ($0.08) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.06) by ($0.02). The firm had revenue of $401.16 million for the quarter, compared to the consensus estimate 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 period in the prior year, the company posted $0.09 EPS. Sell-side analysts predict that VIZIO Holding Corp. will post -0.25 earnings per share for the current fiscal year.

Several institutional investors have recently bought and sold shares of VZIO. BlackRock Inc. purchased a new stake in shares of VIZIO during the first quarter worth about $4,583,000. First Horizon Advisors Inc. purchased a new stake in shares of VIZIO during the first quarter worth about $35,000. JPMorgan Chase & Co. purchased a new stake in shares of VIZIO during the first quarter worth about $11,989,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of VIZIO during the first quarter worth about $844,000. Finally, Rokos Capital Management LLP purchased a new stake in shares of VIZIO during the first quarter worth about $1,214,000. Institutional investors own 6.70% of the company’s stock.

A number of research firms recently commented on VZIO. Cannonball Research began coverage on VIZIO in a research note on Monday, September 20th. They issued a “neutral” rating on the stock. Morgan Stanley assumed coverage on VIZIO in a research note on Tuesday, September 14th. They issued an “overweight” rating and a $27.00 target price on the stock. Zacks Investment Research lowered shares of VIZIO from a “hold” rating to a “sell” rating in a research report on Friday, October 8th. Finally, Stephens assumed coverage on shares of VIZIO in a research report on Monday, September 13th. They set an “overweight” rating and a $27.00 price target for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, VIZIO has a consensus rating of “Buy” and a consensus 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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