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

VIZIO Holding Corp. (NYSE:VZIO - Get Free Report) insider Michael Joseph O'donnell sold 2,555 shares of the business's stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $11.13, for a total value of $28,437.15. Following the transaction, the insider now owns 602,364 shares of the company's stock, valued at approximately $6,704,311.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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 %

VZIO traded up $0.03 on Friday, hitting $11.15. 1,533,380 shares of the company were exchanged, compared to its average volume of 2,469,518. The firm has a 50-day moving average price of $10.92 and a two-hundred day moving average price of $10.66. VIZIO Holding Corp. has a twelve month low of $4.82 and a twelve month high of $11.28. The company has a market cap of $2.21 billion, a price-to-earnings ratio of 123.89 and a beta of 2.04.

Analyst Upgrades and Downgrades

Several brokerages have 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 research report on Friday, June 21st. One research analyst has rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $10.25.

Institutional Investors Weigh In On VIZIO

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of VIZIO in the second quarter valued at about $27,000. Byrne Asset Management LLC purchased a new stake in VIZIO in the first quarter valued at approximately $37,000. Quest Partners LLC purchased a new position in shares of VIZIO in the 2nd quarter worth about $40,000. Future Financial Wealth Managment LLC purchased a new position in shares of VIZIO in the 1st quarter valued at $44,000. Finally, Meeder Asset Management Inc. purchased a new stake in shares of VIZIO in the first quarter worth about $101,000. 66.24% of the stock is owned by hedge funds and other institutional investors.

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.

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