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Gen Digital Inc. (NASDAQ:GEN) has recently seen institutional activity with both sales and purchases. Here's an analysis of the key points:

1. **Institutional Activity**: Gen Digital has experienced a 10.4% reduction in shares held by APG Asset Management N.V., with the remaining shares valued at approximately $14.5 million. On the other hand, Nuveen LLC and Boston Partners have increased their holdings, demonstrating strong institutional confidence in the company. Additionally, Todd Asset Management LLC purchased a new position in Gen Digital during the first quarter, valued at approximately $25,432,000.
2. **Financial Performance**: Gen Digital reported better-than-expected quarterly earnings, with a 30.3% year-over-year revenue growth. The company's net margin was 14.12% and return on equity was 57.99%. The revenue for the quarter was $1.26 billion, compared to analysts' expectations of $1.19 billion.
3. **Dividend Announcement**: Gen Digital announced a quarterly dividend of $0.125 per share, yielding 1.6%. The dividend is set to be paid on September 10, 2025, and represents an annualized dividend of $0.50.
4. **Analyst Ratings**: The company has received positive ratings from analysts, with Wells Fargo & Company and Royal Bank of Canada increasing their target prices and giving the company an "overweight" and "sector perform" ratings, respectively.
5. **Market Position**: Gen Digital is a leading provider of cyber safety solutions, operating in various regions including the United States, Canada, Latin America, Europe, and Asia-Pacific.

In conclusion, Gen Digital Inc. has shown strong financial performance and institutional confidence, as evidenced by the increase in holdings by Nuveen LLC and Boston Partners, and the new position taken by Todd Asset Management LLC. The company's dividend announcement and positive analyst ratings further support the positive outlook for Gen Digital.