NortonLifeLock Inc. (NLOK)

[not one red cent ~NORC~]

NLOK’s operating margin was positive on the trailing 12 months basis, remaining steady at 13.20%, while the operating expenses over the recent quarter were at $453.0 million. This represented a 26.7% of the company’s total revenues which amounted $618.0 million. With this in place, we can see that the company’s diluted EPS inclined $0.55 on the year-over-year period, shrinking to -$0.03 as given in the last earnings report.

In terms of the balance sheet & cash flow as of (Mar 2020), the total assets figure advanced to $18.55 billion from $16.23 billion over the previous quarter. Short term investments amounted to $119.0 million while total current assets were at $13.57 billion. The cash flow from operating activities totaled $905.0 million, significantly lower than the $948.0 million reported in the year-ago quarter. The company’s free cash flow for the quarter was $819.0 million.

Insider activity

Insiders have transacted a total of 15 times at NortonLifeLock Inc. over the last 6 months, with insider purchases undertaken 7 times and accounting for 336,307 shares. Insider sales totaled 45,124 shares over the same period, with these deals completed in 8 transactions. Looking at these numbers, we realize that net purchases over that period are -1.0 shares. Insiders now hold a total of 6.11M shares after the latest sales, with -72.80% net shares purchased.

Major holders

Insiders own 0.40% of the company shares, while shares held by institutions stand at 97.90% with a share float percentage of 580.66M. Investors are also buoyed by the number of investors in a company, with NortonLifeLock Inc. having a total of 770 institutions that hold shares in the company. The top two institutional holders are Capital World Investors with over 65.37 million shares worth more than $1.67 billion. As of Dec 30, 2019, Capital World Investors held 10.89% of shares outstanding.

The other major institutional holder is Vanguard Group, Inc. (The), with the investment firm holding over 64.29 million shares as of Dec 30, 2019. The firm’s total holdings are worth over $1.64 billion and represent 10.71% of shares outstanding.

https://newsrts.com/2020/04/16/a-focus-on-opportunistic-stocks-las-vegas-sands-corp-lvs-nortonlifelock-inc-nlok/