VIZIO Holding Corp. (NYSE:VZIO) Shares Bought by Virtu Financial LLC

Virtu Financial LLC raised its holdings in VIZIO Holding Corp. (NYSE:VZIO) by 24.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 65,150 shares of the company’s stock after buying an additional 12,869 shares during the quarter. Virtu Financial LLC’s holdings in VIZIO were worth $728,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Quest Partners LLC purchased a new position in shares of VIZIO in the 2nd quarter valued at approximately $40,000. Future Financial Wealth Managment LLC acquired a new position in VIZIO during the 3rd quarter valued at approximately $45,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of VIZIO in the third quarter worth $45,000. FMR LLC lifted its stake in shares of VIZIO by 77.9% during the third quarter. FMR LLC now owns 6,256 shares of the company’s stock worth $70,000 after buying an additional 2,739 shares during the period. Finally, Point72 DIFC Ltd purchased a new stake in shares of VIZIO during the third quarter valued at $130,000. Institutional investors and hedge funds own 66.24% of the company’s stock.

Analyst Ratings Changes

VZIO has been the subject of a number of research reports. Needham & Company LLC reaffirmed a “hold” rating on shares of VIZIO in a research report on Wednesday, October 9th. Barrington Research downgraded VIZIO from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 7th. Nine research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $11.08.

VIZIO Price Performance

Shares of VZIO opened at $11.35 on Friday. The stock’s 50-day moving average price is $11.26 and its 200-day moving average price is $11.09. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 1,135.00 and a beta of 2.00. VIZIO Holding Corp. has a 52 week low of $6.84 and a 52 week high of $11.40.

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 entertainment solution, and data intelligence and services products through Inscape.