Stock traders buy a large number of Genworth Financial call options. (NYSE: GNW)

On Wednesday, unusual behavior was seen in options trading involving Genworth Financial, Inc. Wednesday (NYSE: GNW). Investors bought a combined total of 2,748 call options on the stock. This represents a 163% increase in volume from the daily average of 1,043 call options traded.

Genworth Financial’s (NYSE: GNW) quarterly earnings report was made available to the general public on Monday, August 1. The financial services company posted earnings of $0.34 per share for the prior quarter, which was recorded as part of its financial results. . In addition, the net margin of 10.65% and the return on equity of 4.73% demonstrate that Genworth Financial has delivered a successful performance. [citation needed] The company generated a total of $1.87 billion in revenue throughout the period.
StockNews.com began following Genworth Financial on Wednesday, October 12 to cover the company’s stock. They advised their clients to buy the shares.

GNW’s stock price ended Wednesday’s trading session at $4.88, representing an increase of $0.19 from its previous price. The stock was traded 124,951 times, significantly less than the 3,422,843 shares usually traded. Genworth Financial’s lowest price in the past year is $3.43, and the company’s all-time high was $4.75. There is no difference in value when looking at a leverage ratio of 0.14, a current ratio of 0.28, or a quick ratio of 0.28. The stock’s beta and price/earnings ratio are 1.01, and the stock’s price/earnings ratio is 2.97. The market value of the shares is $2.46 billion. Currently, the company’s share price is trading at an average of $4.10 over the past 50 days and $4.00 over the past 200 days.

On Monday August 8, Genworth Financial Chief Executive Thomas J. Mcinerney sold 100,000 shares of the company. This is another development related to this topic. The transaction that resulted in the sale of the shares generated total revenue of $425,000.00, equivalent to an average price of $4.25 per share. Following completion of the transaction, the company’s CEO now directly owns 3,839,625 shares of the company, which have a value of approximately $16,318,406.25. On the Securities and Exchange Commission’s website, you can find a copy of the legal document that provides a more detailed description of the sale. The document in question describes the sale of the asset. Currently, insiders of the company control 0.99% of the total number of shares outstanding.

Recently, several institutional investors have changed their position on their holdings of GNW. The total value of Sigma Planning Corporation’s holdings in Genworth Financial increased by 14.6% during the first three months of 2018. Following the acquisition of 13,972 additional shares during the period under review, Sigma Planning Corp. now owns a total of 109,485 shares of the shares held by the financial services provider. The combined value of these shares amounts to a total of $414,000. Additionally, inspire Investing LLC paid a total of $238,000 in the first three months of the year to increase its stake in Genworth Financial. Robeco Institutional Asset Management BV added an additional 27.4% of Genworth Financial shares to its portfolio in the first three months of the year. Following the purchase of an additional 102,695 shares during the quarter, Robeco Institutional Asset Management BV now directly owns a total of 477,664 shares held by the financial services provider. The current value of these shares, when traded on the market, is $1,806,000. In the first three months of this year, Sumitomo Mitsui Trust Holdings Inc. increased the number of Genworth Financial shares held by 144.0%, bringing its total ownership percentage to 100%. After making additional purchases totaling 54,736 during the quarter, Sumitomo Mitsui Trust Holdings Inc. now owns 92,737 ownership shares in the company that provides financial services. The current value of these shares, when traded on the market, is $351,000.
Last but not least, in the first three months of this year, Counterpoint Mutual Funds LLC increased the number of Genworth Financial shares it held by 164.5%, bringing its total ownership percentage to 1. Counterpoint Mutual Funds LLC now has a total of 17,498 shares held by the financial services provider due to an additional purchase of 10,882 shares made in the most recent period. The price per share is estimated at $66,000. Institutional investors own 74.20% of the company’s shares.

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