Needham & Company LLC reaffirmed their hold rating on shares of VIZIO (NYSE:VZIO – Free Report) in a research note released on Wednesday morning, Benzinga reports.
VIZIO Trading Down 0.5 %
VZIO opened at $11.20 on Wednesday. VIZIO has a 12-month low of $4.82 and a 12-month high of $11.37. The business’s fifty day simple moving average is $11.18 and its 200-day simple moving average is $10.91. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 140.02 and a beta of 2.04.
Insider Transactions at VIZIO
In related news, insider Michael Joseph O’donnell sold 2,555 shares of the company’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $11.13, for a total transaction of $28,437.15. Following the completion of the sale, the insider now directly owns 602,364 shares in the company, valued at $6,704,311.32. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 44.68% of the company’s stock.
Institutional Investors Weigh In On VIZIO
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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