Shares of VIZIO Holding Corp. (NYSE:VZIO - Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as $11.40 and last traded at $11.39, with a volume of 3214046 shares. The stock had previously closed at $11.31.
Analysts Set New Price Targets
A number of analysts have recently commented on the stock. Needham & Company LLC reiterated a "hold" rating on shares of VIZIO in a research note on Wednesday, October 9th. Barrington Research lowered shares of VIZIO from a "strong-buy" rating to a "hold" rating in a research note on Thursday, November 7th. Nine research analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $11.08.
Read Our Latest Analysis on VIZIO
VIZIO Price Performance
The firm's 50-day moving average is $11.24 and its 200-day moving average is $11.03. The company has a market capitalization of $2.31 billion, a P/E ratio of 1,139.00 and a beta of 2.03.
Institutional Trading of VIZIO
Several large investors have recently added to or reduced their stakes in the business. Virtu Financial LLC boosted its position in shares of VIZIO by 24.6% in the third quarter. Virtu Financial LLC now owns 65,150 shares of the company's stock worth $728,000 after purchasing an additional 12,869 shares during the period. Barclays PLC boosted its position in shares of VIZIO by 346.2% in the third quarter. Barclays PLC now owns 146,307 shares of the company's stock worth $1,634,000 after purchasing an additional 113,518 shares during the period. Geode Capital Management LLC boosted its position in shares of VIZIO by 0.7% in the third quarter. Geode Capital Management LLC now owns 2,111,848 shares of the company's stock worth $23,594,000 after purchasing an additional 13,855 shares during the period. XTX Topco Ltd boosted its position in shares of VIZIO by 162.3% in the third quarter. XTX Topco Ltd now owns 55,311 shares of the company's stock worth $618,000 after purchasing an additional 34,228 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of VIZIO by 5.4% in the third quarter. Jane Street Group LLC now owns 161,792 shares of the company's stock worth $1,807,000 after purchasing an additional 8,339 shares during the period. 66.24% of the stock is currently owned by institutional investors.
About VIZIO
(
Get Free Report)
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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