Future Financial Wealth Managment LLC Buys Shares of 4,009 VIZIO Holding Corp. (NYSE:VZIO)

Future Financial Wealth Managment LLC bought a new stake in VIZIO Holding Corp. (NYSE:VZIO) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 4,009 shares of the company’s stock, valued at approximately $45,000.

A number of other large investors have also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of VIZIO during the 2nd quarter valued at $27,000. Quest Partners LLC acquired a new position in VIZIO during the 2nd quarter worth about $40,000. Meeder Asset Management Inc. acquired a new position in VIZIO during the 1st quarter worth about $101,000. Principal Financial Group Inc. acquired a new position in VIZIO during the 1st quarter worth about $110,000. Finally, ProShare Advisors LLC raised its position in shares of VIZIO by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 13,801 shares of the company’s stock worth $151,000 after acquiring an additional 1,086 shares in the last quarter. Institutional investors and hedge funds own 66.24% of the company’s stock.

VIZIO Price Performance

Shares of VIZIO stock opened at $11.26 on Friday. VIZIO Holding Corp. has a one year low of $4.82 and a one year high of $11.37. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 140.77 and a beta of 2.04. The business has a 50-day simple moving average of $11.17 and a 200 day simple moving average of $10.91.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reissued a “hold” rating on shares of VIZIO in a research report on Wednesday. Nine research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, VIZIO currently has a consensus rating of “Hold” and a consensus price target of $10.50.

Insider Activity at VIZIO

In related news, insider Michael Joseph O’donnell sold 2,555 shares of the business’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $11.13, for a total value of $28,437.15. Following the completion of the sale, the insider now directly owns 602,364 shares of the company’s stock, valued at $6,704,311.32. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 44.68% of the stock is currently owned by corporate insiders.

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.