5 Technology Stocks with Insider Buying

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In this article, we will take a look at the 5 technology stocks with insider buying. To see more such companies, go directly to 10 Technology Stocks with Insider Buying.

5. Gen Digital Inc. (NASDAQ:GEN)

Number of Hedge Fund Holders: 32

Headquartered in Arizona, Gen Digital Inc. (NASDAQ:GEN) ranks 5th in our list of the technology stocks with heavy insider buying activity in 2023. Gen Digital Inc. (NASDAQ:GEN)’s president Ondrej Vlcek in May bought 300,000 shares of the firm at $15.79 per share.

As of the end of the first quarter of 2023, 32 hedge funds tracked by Insider Monkey reported owning stakes in Gen Digital Inc. (NASDAQ:GEN). The most significant stakeholder of Gen Digital Inc. (NASDAQ:GEN) during this period was Jeffrey Smith’s Starboard Value LP which had a $325 million stake in the company.

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