AlTi Global Inc. acquired a new stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 18,375 shares of the company’s stock, valued at approximately $1,715,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Walter Public Investments Inc. purchased a new stake in shares of Church & Dwight in the 1st quarter worth about $5,721,000. Swiss Life Asset Management Ltd increased its position in shares of Church & Dwight by 122.6% during the fourth quarter. Swiss Life Asset Management Ltd now owns 141,837 shares of the company’s stock valued at $11,893,000 after buying an additional 78,107 shares during the period. Tandem Investment Advisors Inc. raised its stake in Church & Dwight by 11.6% in the fourth quarter. Tandem Investment Advisors Inc. now owns 797,733 shares of the company’s stock worth $66,890,000 after buying an additional 82,833 shares in the last quarter. Amiral Gestion bought a new position in Church & Dwight in the fourth quarter worth about $6,258,000. Finally, Chesley Taft & Associates LLC lifted its holdings in Church & Dwight by 12.1% in the fourth quarter. Chesley Taft & Associates LLC now owns 98,894 shares of the company’s stock worth $8,292,000 after buying an additional 10,650 shares during the period. Institutional investors own 86.60% of the company’s stock.
Insiders Place Their Bets In other Church & Dwight news, Director Penry W. Price sold 5,960 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $94.86, for a total transaction of $565,365.60. Following the completion of the sale, the director directly owned 30,070 shares in the company, valued at approximately $2,852,440.20. The trade was a 16.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Brian D. Buchert sold 10,160 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $98.14, for a total value of $997,102.40. Following the completion of the transaction, the executive vice president directly owned 1,286 shares in the company, valued at approximately $126,208.04. This represents a 88.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 47,680 shares of company stock worth $4,672,190 in the last 90 days. Insiders own 1.20% of the company’s stock.
Wall Street Analysts Forecast Growth Several analysts have weighed in on CHD shares. Weiss Ratings raised Church & Dwight from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday. Barclays decreased their target price on Church & Dwight from $85.00 to $80.00 and set an “underweight” rating for the company in a research report on Tuesday, April 14th. JPMorgan Chase & Co. raised their target price on Church & Dwight from $99.00 to $105.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Royal Bank Of Canada restated an “outperform” rating and set a $114.00 price target on shares of Church & Dwight in a research report on Monday, June 1st. Finally, Wall Street Zen raised Church & Dwight from a “sell” rating to a “hold” rating in a research note on Saturday, June 13th. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $103.47.
Get Our Latest Stock Analysis on CHD
Church & Dwight Stock Down 0.3% CHD stock opened at $97.76 on Tuesday. The stock has a market capitalization of $23.16 billion, a P/E ratio of 32.16, a P/E/G ratio of 3.53 and a beta of 0.47. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.22 and a quick ratio of 0.81. Church & Dwight Co., Inc. has a 1-year low of $81.33 and a 1-year high of $106.04. The business has a fifty day moving average price of $96.67 and a 200-day moving average price of $95.83.
Church & Dwight (NYSE:CHD – Get Free Report) last released its quarterly earnings data on Friday, May 1st. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.93 by $0.02. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.46 billion. Church & Dwight had a return on equity of 20.51% and a net margin of 11.81%.Church & Dwight’s revenue was up .1% compared to the same quarter last year. During the same period last year, the firm posted $0.91 earnings per share. Church & Dwight has set its Q2 2026 guidance at 0.880-0.880 EPS and its FY 2026 guidance at 3.710-3.810 EPS. Equities analysts forecast that Church & Dwight Co., Inc. will post 3.74 earnings per share for the current fiscal year.
Church & Dwight Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were given a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, May 15th. Church & Dwight’s payout ratio is 40.46%.
About Church & Dwight (Free Report)
Church & Dwight Co, Inc is a U.S.-based consumer products company best known for its Arm & Hammer baking soda business. Founded in 1846 with the manufacture and marketing of sodium bicarbonate, the company has grown into a diversified maker and marketer of household, personal care and specialty products. Church & Dwight is publicly traded on the New York Stock Exchange under the ticker CHD and is headquartered in Ewing, New Jersey.
The company’s portfolio spans a range of categories including household cleaning and laundry, oral care, personal care, sexual wellness and health & wellness.
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Amova Asset Management Americas Inc. decreased its holdings in shares of SoFi Technologies, Inc. (NASDAQ:SOFI – Free Report) by 4.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,136,479 shares of the company’s stock after selling 161,725 shares during the quarter. Amova Asset Management Americas Inc. owned approximately 0.25% of SoFi Technologies worth $49,839,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in the stock. SG Americas Securities LLC lifted its stake in shares of SoFi Technologies by 161.6% in the 4th quarter. SG Americas Securities LLC now owns 902,392 shares of the company’s stock valued at $23,625,000 after purchasing an additional 557,390 shares in the last quarter. Vanguard Group Inc. increased its position in SoFi Technologies by 3.6% during the 4th quarter. Vanguard Group Inc. now owns 111,003,107 shares of the company’s stock worth $2,906,061,000 after purchasing an additional 3,900,895 shares in the last quarter. North Dakota State Investment Board purchased a new position in SoFi Technologies in the fourth quarter valued at approximately $1,044,000. Brighton Jones LLC lifted its position in SoFi Technologies by 2.0% during the fourth quarter. Brighton Jones LLC now owns 719,288 shares of the company’s stock valued at $11,077,000 after buying an additional 14,281 shares in the last quarter. Finally, Friedenthal Financial acquired a new position in SoFi Technologies during the fourth quarter valued at approximately $926,000. 38.43% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes Several equities research analysts have recently issued reports on SOFI shares. UBS Group dropped their price objective on shares of SoFi Technologies from $24.50 to $21.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Stephens decreased their price target on shares of SoFi Technologies from $26.00 to $25.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Argus began coverage on SoFi Technologies in a report on Wednesday, April 15th. They issued a “hold” rating for the company. Citigroup cut their price objective on SoFi Technologies from $37.00 to $30.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Finally, Barclays reduced their price objective on SoFi Technologies from $28.00 to $18.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $22.78.
View Our Latest Analysis on SoFi Technologies
Insiders Place Their Bets In other SoFi Technologies news, CTO Jeremy Rishel sold 102,123 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $17.78, for a total value of $1,815,746.94. Following the transaction, the chief technology officer directly owned 895,089 shares of the company’s stock, valued at $15,914,682.42. This represents a 10.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Kelli Keough sold 10,954 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $17.35, for a total value of $190,051.90. Following the transaction, the executive vice president owned 378,682 shares of the company’s stock, valued at approximately $6,570,132.70. This trade represents a 2.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 124,302 shares of company stock worth $2,182,523 in the last three months. 2.50% of the stock is owned by insiders.
SoFi Technologies Price Performance SOFI opened at $17.01 on Tuesday. SoFi Technologies, Inc. has a twelve month low of $14.92 and a twelve month high of $32.73. The firm has a market cap of $21.82 billion, a price-to-earnings ratio of 38.66 and a beta of 2.14. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17. The company has a fifty day simple moving average of $17.11 and a 200 day simple moving average of $19.04.
SoFi Technologies (NASDAQ:SOFI – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.12 EPS for the quarter, hitting analysts’ consensus estimates of $0.12. SoFi Technologies had a net margin of 14.65% and a return on equity of 6.25%. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the previous year, the business posted $0.06 EPS. The firm’s revenue was up 42.6% compared to the same quarter last year. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. Equities research analysts expect that SoFi Technologies, Inc. will post 0.59 EPS for the current fiscal year.
SoFi Technologies Profile (Free Report)
SoFi Technologies, Inc (NASDAQ: SOFI) is a diversified financial services company that provides consumer-focused lending, banking, investing and financial technology products. The company’s core offerings include student loan refinancing and private student loans, personal loans, mortgage lending, and credit card products. In addition to credit and lending, SoFi operates consumer-facing deposit and cash management accounts, an investing and trading platform, and an insurance marketplace through partner relationships, all designed to serve individuals seeking an integrated digital financial experience.
SoFi has grown beyond direct-to-consumer lending by building technology and infrastructure capabilities.
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AlTi Global Inc. bought a new position in shares of Golub Capital BDC, Inc. (NASDAQ:GBDC – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 96,554 shares of the investment management company’s stock, valued at approximately $1,222,000.
Several other large investors have also added to or reduced their stakes in GBDC. Main Street Group LTD bought a new stake in shares of Golub Capital BDC during the first quarter valued at approximately $47,000. Fifth Third Bancorp bought a new stake in shares of Golub Capital BDC in the first quarter worth about $68,000. Advisory Services Network LLC bought a new stake in shares of Golub Capital BDC in the third quarter worth about $77,000. Clearstead Advisors LLC lifted its position in shares of Golub Capital BDC by 48.6% in the fourth quarter. Clearstead Advisors LLC now owns 5,933 shares of the investment management company’s stock worth $81,000 after buying an additional 1,941 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Golub Capital BDC by 104.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,447 shares of the investment management company’s stock worth $87,000 after buying an additional 3,287 shares in the last quarter. Hedge funds and other institutional investors own 42.38% of the company’s stock.
Analysts Set New Price Targets GBDC has been the subject of several research analyst reports. Wall Street Zen cut Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Sunday, April 19th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Golub Capital BDC in a report on Wednesday, June 24th. Oppenheimer reiterated an “outperform” rating and set a $14.00 target price on shares of Golub Capital BDC in a research report on Wednesday, May 6th. Zacks Research raised shares of Golub Capital BDC from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. Finally, Royal Bank Of Canada reduced their price target on shares of Golub Capital BDC from $15.00 to $14.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $14.00.
View Our Latest Stock Report on GBDC
Golub Capital BDC Price Performance NASDAQ:GBDC opened at $12.95 on Tuesday. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 16.82 and a beta of 0.39. The company has a debt-to-equity ratio of 1.25, a current ratio of 2.20 and a quick ratio of 2.20. The business has a 50 day simple moving average of $12.91 and a 200-day simple moving average of $12.93. Golub Capital BDC, Inc. has a 1 year low of $11.77 and a 1 year high of $15.55.
Golub Capital BDC (NASDAQ:GBDC – Get Free Report) last released its earnings results on Monday, May 4th. The investment management company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.02). The company had revenue of ($5.28) million for the quarter, compared to the consensus estimate of $201.71 million. Golub Capital BDC had a net margin of 24.64% and a return on equity of 10.20%. During the same period in the prior year, the firm posted $0.30 EPS. Equities analysts forecast that Golub Capital BDC, Inc. will post 1.36 EPS for the current year.
Golub Capital BDC Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Monday, June 15th were given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 10.2%. The ex-dividend date of this dividend was Monday, June 15th. Golub Capital BDC’s dividend payout ratio is 171.43%.
Golub Capital BDC Company Profile (Free Report)
Golub Capital BDC (NASDAQ: GBDC) is a publicly traded business development company specializing in providing debt and equity financing solutions to middle-market companies in the United States. Externally managed by Golub Capital LLC, the firm focuses on building a diversified portfolio of senior secured loans, unitranche facilities and second-lien debt instruments designed to support growth, acquisitions and recapitalizations. As a closed-end investment vehicle, GBDC offers investors direct exposure to private credit strategies within a regulated structure.
The company’s core business activities center on originating and managing bespoke financing arrangements for U.S.
Further Reading Five stocks we like better than Golub Capital BDC The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding GBDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Golub Capital BDC, Inc. (NASDAQ:GBDC – Free Report).
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Allspring Global Investments Holdings LLC increased its position in shares of Kontoor Brands, Inc. (NYSE:KTB – Free Report) by 54.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 298,072 shares of the company’s stock after purchasing an additional 104,466 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.54% of Kontoor Brands worth $21,133,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in KTB. Norges Bank bought a new stake in shares of Kontoor Brands in the fourth quarter valued at about $36,185,000. Boston Partners bought a new position in Kontoor Brands during the third quarter worth about $44,733,000. JPMorgan Chase & Co. raised its stake in Kontoor Brands by 15.8% in the 4th quarter. JPMorgan Chase & Co. now owns 3,019,204 shares of the company’s stock worth $184,443,000 after purchasing an additional 413,005 shares in the last quarter. Amundi acquired a new stake in Kontoor Brands in the 3rd quarter worth about $24,653,000. Finally, Balyasny Asset Management L.P. boosted its holdings in Kontoor Brands by 134.3% in the 2nd quarter. Balyasny Asset Management L.P. now owns 468,630 shares of the company’s stock valued at $30,916,000 after purchasing an additional 268,604 shares during the period. 93.06% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades A number of brokerages have issued reports on KTB. BTIG Research restated a “buy” rating and set a $100.00 target price on shares of Kontoor Brands in a research report on Friday, May 1st. Weiss Ratings cut Kontoor Brands from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, June 15th. Wall Street Zen downgraded Kontoor Brands from a “strong-buy” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research raised Kontoor Brands from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 9th. Finally, JPMorgan Chase & Co. began coverage on Kontoor Brands in a research note on Monday, June 8th. They set an “overweight” rating and a $90.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Kontoor Brands presently has an average rating of “Moderate Buy” and a consensus price target of $91.20.
Check Out Our Latest Research Report on KTB
Kontoor Brands Price Performance Shares of NYSE:KTB opened at $83.30 on Tuesday. The firm has a 50 day moving average of $76.55 and a 200-day moving average of $70.68. Kontoor Brands, Inc. has a 12 month low of $53.55 and a 12 month high of $88.96. The company has a current ratio of 1.87, a quick ratio of 1.10 and a debt-to-equity ratio of 1.83. The stock has a market capitalization of $4.60 billion, a PE ratio of 16.86 and a beta of 0.87.
Kontoor Brands (NYSE:KTB – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $1.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.17 by ($0.11). Kontoor Brands had a return on equity of 60.17% and a net margin of 8.30%.The firm had revenue of $613.32 million for the quarter, compared to analyst estimates of $784.76 million. During the same quarter in the prior year, the business posted $1.20 EPS. The business’s revenue was up 45.0% on a year-over-year basis. Kontoor Brands has set its FY 2026 guidance at 6.600-6.700 EPS. On average, equities research analysts predict that Kontoor Brands, Inc. will post 5.2 EPS for the current fiscal year.
Kontoor Brands Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 8th were issued a dividend of $0.53 per share. The ex-dividend date of this dividend was Monday, June 8th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.5%. Kontoor Brands’s payout ratio is 42.91%.
Insider Activity at Kontoor Brands In related news, EVP Jennifer H. Broyles sold 4,000 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $81.02, for a total transaction of $324,080.00. Following the completion of the sale, the executive vice president directly owned 40,261 shares in the company, valued at $3,261,946.22. This represents a 9.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.80% of the company’s stock.
Kontoor Brands Company Profile (Free Report)
Kontoor Brands, Inc is a global apparel company best known for its Wrangler and Lee denim and lifestyle brands. Established as an independent, publicly traded company in May 2019 following a spin-off from VF Corporation, Kontoor leverages a legacy that dates back to 1889 with the founding of Lee and to 1947 with the introduction of the Wrangler brand. The company focuses on designing, manufacturing and distributing premium, casual and workwear apparel, including jeans, pants, shorts, shirts, jackets and complementary accessories.
Kontoor Brands operates a diversified sales model that combines wholesale partnerships with leading retailers, distribution through e-commerce channels and select direct-to-consumer formats.
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Amova Asset Management Americas Inc. raised its holdings in shares of Joby Aviation, Inc. (NYSE:JOBY – Free Report) by 48.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,678,495 shares of the company’s stock after purchasing an additional 870,244 shares during the quarter. Amova Asset Management Americas Inc. owned approximately 0.27% of Joby Aviation worth $22,124,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Fifth Third Bancorp grew its position in shares of Joby Aviation by 207.4% in the fourth quarter. Fifth Third Bancorp now owns 1,998 shares of the company’s stock valued at $26,000 after purchasing an additional 1,348 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Joby Aviation by 284.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock worth $27,000 after buying an additional 1,880 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Joby Aviation during the fourth quarter worth $28,000. Pandora Wealth Inc. bought a new stake in shares of Joby Aviation in the fourth quarter valued at about $32,000. Finally, DV Equities LLC acquired a new position in shares of Joby Aviation in the fourth quarter valued at about $33,000. 52.85% of the stock is currently owned by institutional investors and hedge funds.
Joby Aviation Trading Up 3.7% JOBY opened at $7.50 on Tuesday. Joby Aviation, Inc. has a twelve month low of $6.89 and a twelve month high of $20.95. The company has a quick ratio of 22.05, a current ratio of 22.06 and a debt-to-equity ratio of 0.36. The company has a fifty day moving average of $9.57 and a 200-day moving average of $10.29. The stock has a market cap of $7.37 billion, a PE ratio of -6.52 and a beta of 2.71.
Joby Aviation (NYSE:JOBY – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.09. Joby Aviation had a negative net margin of 1,232.62% and a negative return on equity of 60.54%. The business had revenue of $24.25 million for the quarter, compared to analysts’ expectations of $20.17 million. During the same quarter in the prior year, the firm posted ($0.11) earnings per share. On average, sell-side analysts predict that Joby Aviation, Inc. will post -0.83 EPS for the current year.
Insider Transactions at Joby Aviation In related news, insider Kate Dehoff sold 14,240 shares of the business’s stock in a transaction on Tuesday, July 14th. The shares were sold at an average price of $7.73, for a total transaction of $110,075.20. Following the transaction, the insider owned 180,179 shares in the company, valued at $1,392,783.67. The trade was a 7.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Joeben Bevirt sold 421,019 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $10.38, for a total transaction of $4,370,177.22. Following the completion of the sale, the chief executive officer owned 31,678,802 shares of the company’s stock, valued at $328,825,964.76. The trade was a 1.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,125,580 shares of company stock valued at $12,172,117. 20.35% of the stock is owned by insiders.
Wall Street Analyst Weigh In Several equities research analysts recently weighed in on JOBY shares. Needham & Company LLC reaffirmed a “buy” rating and set a $18.00 price objective on shares of Joby Aviation in a research report on Wednesday, May 6th. Morgan Stanley lowered their price objective on shares of Joby Aviation from $15.00 to $13.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 6th. Wall Street Zen upgraded Joby Aviation from a “strong sell” rating to a “sell” rating in a research note on Sunday, May 10th. Canaccord Genuity Group decreased their price target on Joby Aviation from $15.50 to $11.50 and set a “hold” rating on the stock in a research note on Thursday, May 7th. Finally, Weiss Ratings raised Joby Aviation from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 14th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Joby Aviation currently has an average rating of “Reduce” and an average target price of $13.64.
View Our Latest Analysis on JOBY
About Joby Aviation (Free Report)
Joby Aviation Inc is an aerospace company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. The company’s core mission is to provide zero-emission aerial ridesharing services, combining the speed of helicopters with the cost efficiency and environmental benefits of electric propulsion. Joby’s eVTOL design emphasizes low noise profiles and high reliability, positioning the company to address congestion challenges in major metropolitan areas.
The company’s flagship aircraft is designed to carry a pilot and up to four passengers, offering point-to-point travel at speeds competitive with ground transportation.
Featured Articles Five stocks we like better than Joby Aviation The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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Amova Asset Management Americas Inc. decreased its stake in Archer Aviation Inc. (NYSE:ACHR – Free Report) by 3.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,651,742 shares of the company’s stock after selling 262,449 shares during the quarter. Amova Asset Management Americas Inc. owned approximately 1.03% of Archer Aviation worth $39,560,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the stock. Norges Bank acquired a new position in Archer Aviation in the fourth quarter worth $58,494,000. Man Group plc raised its stake in shares of Archer Aviation by 13,793.3% in the second quarter. Man Group plc now owns 4,212,722 shares of the company’s stock worth $45,708,000 after acquiring an additional 4,182,400 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of Archer Aviation by 423.3% during the fourth quarter. BNP Paribas Financial Markets now owns 5,126,217 shares of the company’s stock worth $38,549,000 after purchasing an additional 4,146,574 shares in the last quarter. ARK Investment Management LLC lifted its position in shares of Archer Aviation by 12.4% during the fourth quarter. ARK Investment Management LLC now owns 35,170,701 shares of the company’s stock worth $264,484,000 after purchasing an additional 3,869,252 shares in the last quarter. Finally, State Street Corp grew its stake in shares of Archer Aviation by 11.2% during the fourth quarter. State Street Corp now owns 32,773,136 shares of the company’s stock valued at $246,454,000 after purchasing an additional 3,293,130 shares during the last quarter. 59.34% of the stock is currently owned by institutional investors.
Archer Aviation Stock Performance Shares of Archer Aviation stock opened at $5.33 on Tuesday. The firm has a fifty day moving average of $5.55 and a two-hundred day moving average of $6.34. The company has a debt-to-equity ratio of 0.06, a quick ratio of 18.06 and a current ratio of 18.06. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of -4.84 and a beta of 3.19. Archer Aviation Inc. has a 52 week low of $4.30 and a 52 week high of $14.62.
Archer Aviation (NYSE:ACHR – Get Free Report) last issued its earnings results on Monday, May 11th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.03). The business had revenue of $1.60 million during the quarter, compared to analysts’ expectations of $1.66 million. During the same quarter in the prior year, the business posted ($0.17) EPS. As a group, equities research analysts predict that Archer Aviation Inc. will post -1.47 EPS for the current year.
Analysts Set New Price Targets A number of research analysts have commented on the company. Canaccord Genuity Group decreased their price objective on Archer Aviation from $13.00 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Weiss Ratings restated a “sell (d-)” rating on shares of Archer Aviation in a research report on Friday. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Archer Aviation currently has a consensus rating of “Hold” and a consensus price target of $11.83.
Read Our Latest Report on ACHR
More Archer Aviation News Here are the key news stories impacting Archer Aviation this week:
Positive Sentiment: Archer and Anduril introduced “Thunder,” an autonomous VTOL platform designed for both defense and commercial use, giving Archer a new growth avenue beyond urban air mobility. Anduril and Archer Unveil Jointly-Developed Autonomous VTOL Platform For Commercial and Defense Applications Positive Sentiment: The market is reacting favorably to Archer’s push into defense, with the new platform seen as a potential way to speed commercialization and diversify revenue sources. Archer, Anduril unveil autonomous aircraft platform for defense, commercial markets Positive Sentiment: Investor sentiment was also supported by management reiterating Archer’s goal to achieve certification by 2028, which suggests continued progress toward commercialization. Archer CEO reaffirms ‘ambitious’ 2028 flight goal as company unveils military craft with Anduril Insider Activity In other Archer Aviation news, CAO Harsh Rungta sold 12,414 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $5.95, for a total value of $73,863.30. Following the completion of the sale, the chief accounting officer owned 87,210 shares of the company’s stock, valued at approximately $518,899.50. This represents a 12.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Eric Lentell sold 48,169 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $5.95, for a total transaction of $286,605.55. Following the completion of the sale, the insider owned 141,084 shares of the company’s stock, valued at approximately $839,449.80. This represents a 25.45% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 250,743 shares of company stock worth $1,497,672 in the last ninety days. Company insiders own 5.55% of the company’s stock.
About Archer Aviation (Free Report)
Archer Aviation, Inc (NYSE: ACHR) is a California-based aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft designed to serve as sustainable urban air mobility solutions. Founded in 2018 by Adam Goldstein and Brett Adcock, Archer focuses on the design, development and certification of zero-emissions air taxis aimed at reducing traffic congestion in densely populated metropolitan areas. The company’s flagship prototypes, “Maker” and “Midnight,” have been engineered to deliver quiet, efficient short-haul flights with ranges of up to 100 miles per charge.
Headquartered in Palo Alto, California, Archer operates a manufacturing facility in nearby Santa Cruz County and maintains research partnerships with automotive and energy companies, including a collaboration with Stellantis to integrate advanced battery systems.
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Here are three stocks with buy rank and strong value characteristics for investors to consider today, July 21:
ORIX Corporation (IX - Free Report) : This financial services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 55.7% over the last 60 days.
ORIX has a price-to-earnings ratio (P/E) of 8.28 compared with 9.70 for the industry. The company possesses a Value Scoreof A.
Arrow Electronics, Inc. (ARW - Free Report) : This technology solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 6.6% over the last 60 days.
Arrow Electronics has a price-to-earnings ratio (P/E) of 10.79 compared with 28.90 for the industry. The company possesses a Value Score of A.
Designer Brands Inc. (DBI - Free Report) : This footwear company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.
Designer Brands has a price-to-earnings ratio (P/E) of 15.05 compared with 22.73 for the S&P. The company possesses a Value Score of A.
See the full list of top ranked stocks here.
Learn more about the Value score and how it is calculated here.
Allspring Global Investments Holdings LLC lessened its holdings in shares of Werner Enterprises, Inc. (NASDAQ: WERN) by 57.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 685,671 shares of the transportation company's stock after selling 925,642 shares during the period. Allspring Global Investments Holdings LLC
SummaryHost Hotels & Resorts is reaffirmed as a buy, supported by strong earnings momentum and portfolio upgrades.HST benefits from luxury segment tailwinds, robust operating margins, and a conservative, investment-grade balance sheet.Renovation-driven growth, resilient FFO trends, and secure dividend coverage underpin the investment thesis, though dividend growth lags peers.Valuation appears attractive on forward P/FFO, but upside is capped by return targets; technicals remain bullish with strong market support. Alexander Konoplev/iStock via Getty Images
The Hotel REIT Looking For 5 Earnings Beats in a Row While summer season in many parts of the world has been on a hot streak lately, another season we are in the middle of
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of RLJ, APLE, INN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Author actively invests in a diversified portfolio of REITs and REIT mutual funds, including names mentioned as peers in this article: INN, RLJ, APLE.
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Allspring Global Investments Holdings LLC trimmed its position in shares of HealthEquity, Inc. (NASDAQ:HQY – Free Report) by 63.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 266,615 shares of the company’s stock after selling 462,895 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.32% of HealthEquity worth $22,230,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Wasatch Advisors LP raised its stake in shares of HealthEquity by 9.3% during the 1st quarter. Wasatch Advisors LP now owns 7,202,934 shares of the company’s stock worth $601,949,000 after buying an additional 613,288 shares in the last quarter. Geode Capital Management LLC lifted its holdings in HealthEquity by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 2,201,232 shares of the company’s stock valued at $201,685,000 after acquiring an additional 5,671 shares during the period. Westfield Capital Management Co. LP boosted its position in shares of HealthEquity by 13.7% during the 4th quarter. Westfield Capital Management Co. LP now owns 1,952,452 shares of the company’s stock worth $178,864,000 after purchasing an additional 235,794 shares in the last quarter. William Blair Investment Management LLC purchased a new stake in shares of HealthEquity during the 4th quarter worth $169,956,000. Finally, AQR Capital Management LLC grew its stake in shares of HealthEquity by 59.3% during the 3rd quarter. AQR Capital Management LLC now owns 1,764,268 shares of the company’s stock worth $167,200,000 after purchasing an additional 656,820 shares during the period. 99.55% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In A number of equities analysts have recently issued reports on the stock. KeyCorp reiterated an “overweight” rating on shares of HealthEquity in a report on Tuesday, May 26th. Wells Fargo & Company set a $111.00 price objective on shares of HealthEquity in a report on Monday, June 1st. Barrington Research restated an “outperform” rating and set a $110.00 target price on shares of HealthEquity in a research report on Friday, May 22nd. Wall Street Zen cut shares of HealthEquity from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Finally, Weiss Ratings upgraded shares of HealthEquity from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. Eleven research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $110.57.
Get Our Latest Research Report on HQY
HealthEquity Trading Up 1.2% NASDAQ:HQY opened at $98.88 on Tuesday. HealthEquity, Inc. has a 52-week low of $72.76 and a 52-week high of $105.96. The company has a quick ratio of 3.44, a current ratio of 3.44 and a debt-to-equity ratio of 0.46. The stock has a fifty day simple moving average of $89.10 and a 200-day simple moving average of $84.77. The company has a market capitalization of $8.27 billion, a PE ratio of 37.03, a price-to-earnings-growth ratio of 1.64 and a beta of 0.21.
HealthEquity (NASDAQ:HQY – Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.13. The firm had revenue of $354.64 million for the quarter, compared to analysts’ expectations of $352.02 million. HealthEquity had a net margin of 17.25% and a return on equity of 14.75%. HealthEquity’s revenue was up 7.2% on a year-over-year basis. HealthEquity has set its FY 2027 guidance at 2.880-2.950 EPS. On average, equities research analysts expect that HealthEquity, Inc. will post 3.92 earnings per share for the current fiscal year.
Insider Transactions at HealthEquity In related news, EVP Michael Henry Fiore sold 3,142 shares of HealthEquity stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $95.00, for a total transaction of $298,490.00. Following the completion of the transaction, the executive vice president directly owned 59,113 shares in the company, valued at $5,615,735. The trade was a 5.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gayle Furgurson Wellborn sold 2,439 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $90.00, for a total value of $219,510.00. Following the completion of the transaction, the director directly owned 19,733 shares of the company’s stock, valued at approximately $1,775,970. This trade represents a 11.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 17,905 shares of company stock valued at $1,651,280 in the last ninety days. Corporate insiders own 1.60% of the company’s stock.
About HealthEquity (Free Report)
HealthEquity, Inc (NASDAQ: HQY) is a leading administrator of consumer-directed health accounts and related benefit solutions in the United States. Founded in 2002 and headquartered in Draper, Utah, the company specializes in health savings accounts (HSAs) and offers complementary services such as flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), COBRA administration and commuter benefits. Through its technology-driven platform, HealthEquity enables employers, health plans and individuals to streamline account management, improve cost transparency and encourage more informed healthcare spending.
Serving millions of members across all 50 states, HealthEquity leverages an open-architecture ecosystem that integrates with health plans, payroll providers and financial institutions.
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Umělá inteligence už dávno není jen příběhem o Nvidii, datových centrech a stále výkonnějších modelech. Podle AI specialisty Šimona Podhájského se investoři často příliš soustředí na samotné modely a přehlížejí oblasti, kde se bude vytvářet skutečná hodnota. V podcastu Patria Finance hovořil o budoucnosti AI agentů, investičních příležitostech i o tom, proč mohou být největším rizikem AI systémy, které začneme používat bez dostatečné kontroly.
Když se dnes mluví o umělé inteligenci, debata se často točí kolem několika známých jmen. OpenAI, Anthropic, Google, Nvidia nebo Meta představují tváře technologické revoluce, která během posledních let zásadně změnila očekávání investorů i firem. Podle Šimona Podhájského, AI inženýra ze společnosti Curebase a dlouholetého praktika v oblasti jazykových modelů, je však skutečnost mnohem složitější.
„Myslím si, že hodně lidí si myslí, že záleží jenom na tom, kdo má ty modely. A že to jsou Amerika a Čína. Já si naopak myslím, že hodně záleží na aplikační vrstvě a na těch ‚harnessech‘, tedy na tom, jak si ten model osedláme a použijeme,“ říká Podhájský. Právě způsob nasazení AI podle něj často rozhoduje více než samotná kvalita základního modelu.
AI už je dál, než si většina lidí myslí
Z pohledu technologického vývoje vidí Podhájský současný stav AI podobně jako internet na konci 90. let. „Řekl bych, že jsme někde kolem roku 1999. Už vidíme ten slib, ale současně investujeme do AI i v oblastech, které ještě nemusí být rentabilní,“ říká.
Zároveň odmítá představu, že budoucnost AI je teprve před námi. „Budoucnost už je do značné míry tady, jenom není rovnoměrně rozdělená,“ parafrázuje známý výrok Williama Gibsona. Podle něj už dnes existují firmy, které využívají AI agenty jako digitální kolegy schopné samostatně vykonávat celé pracovní procesy. Většina trhu se s těmito možnostmi teprve seznamuje.
Věří i v možnost vzniku takzvaného „one-person unicorn“, tedy miliardové firmy řízené jediným člověkem za pomoci AI. „Může se vyplnit předpověď Sama Altmana, že vznikne první jednorožec vytvořený a provozovaný jediným člověkem. Struktura firem se může výrazně změnit,“ říká Podhájský.
Velkou hodnotu vytvoří data
Přestože veřejnost často sleduje souboj největších modelů, Podhájský vidí konkurenční výhodu firem jinde. „Myslím si, že datasety a jejich kvalita jsou čím dál důležitější pro dosahování dalších úrovní modelů,“ vysvětluje. To platí nejen při samotném trénování AI, ale také při jejím nasazení ve firmách.
Podle něj dnes řada společností řeší AI dříve, než mají vyřešenou vlastní datovou infrastrukturu. „Firmy si často řeknou: všichni mají AI, musíme mít také AI. Ale přitom ještě nemají správně nastavené vlastní datové sklady nebo procesy,“ upozorňuje. Právě schopnost pracovat s unikátními daty vidí jako jeden z nejdůležitějších investičních příkopů budoucnosti. „Pokud bych hledal investiční „moat“, hledal bych firmu s vlastním datasetem, který konkurence nedokáže jednoduše replikovat,“ říká.
Software bude levnější. Ne všechny firmy to přežijí
Jedním z momentálně nejdiskutovanějších témat na trzích je dopad AI na softwarový sektor. Akcie některých tradičních softwarových firem v posledních kvartálech zaostávaly právě kvůli obavám investorů, že vývoj softwaru bude díky AI výrazně levnější. Podhájský tyto obavy do značné míry sdílí. „Myslím si, že tvorba softwaru bude čím dál levnější a že AI bude ukusovat stále větší část vývoje,“ říká.
Současně ale upozorňuje, že nejde jen o to, že si jednotlivci budou schopni vytvářet vlastní aplikace. „Větší problém je, že se zmenšuje konkurenční výhoda zavedených firem vůči novým konkurentům. Je jednodušší architektovat složité aplikace než dřív,“ vysvětluje.
Neznamená to však automatický zánik velkých softwarových společností. Jako příklad uvádí Adobe. Nevěří totiž, že by AI vedla k masovému vytváření plnohodnotných alternativ Photoshopu. „Trh podle mě Adobe podhodnocuje možná až příliš. AI sice ukusuje část jeho využití, ale neznamená to automaticky konec firmy,“ míní.
Kde leží investiční příležitosti
Přestože se Podhájský označuje za zastánce hypotézy efektivních trhů a většinu vlastních investic směřuje do ETF fondů, vidí několik oblastí, které mohou být zajímavé i pro investory. První z nich souvisí s rostoucí produkcí obsahu generovaného AI. „Soudy, grantové agentury nebo vydavatelé knih se začínají topit v množství textů generovaných umělou inteligencí,“ upozorňuje. Obrovský potenciál proto vidí v nástrojích schopných tento obsah filtrovat. „Čekám, že přijde software, který bude umět lépe rozlišit, co musí zkontrolovat člověk a co lze zpracovat automaticky,“ říká.
Ještě větší příležitost ale vidí ve vědeckém výzkumu. „Oblast, od které si slibuji výrazný posun, je automatizovaná věda,“ tvrdí. Zmiňuje přitom například český startup Theorema, který se zaměřuje na automatizaci laboratorního výzkumu. Tato oblast navazuje na úspěchy projektů typu AlphaFold, jenž dramaticky urychlil výzkum proteinových struktur. „AI bude nejúspěšnější tam, kde je jednoduché ověřit správné řešení,“ vysvětluje Podhájský.
Největší riziko? Ne Skynet, ale postupná ztráta kontroly
I když v představách lidí často převažuje hrozba AI typu Skynet, Podhájský za pravděpodobnější hrozbu považuje něco mnohem méně nápadného. „Myslím si, že AI nám ublíží tam, kde ji nasadíme a neumíme ověřit, jestli dělá správnou věc,“ říká. Jako příklad uvádí schvalování hypoték, přijímání zaměstnanců nebo vyhodnocování žádostí.
Zvláštní obavy má i z fenoménu, který označuje jako postupné vzdávání se rozhodovacích pravomocí. „Může se stát, že budeme čím dál víc delegovat ekonomicky relevantní činnosti na AI agenty a přestaneme sami rozhodovat,“ upozorňuje.
Podle něj dnes existují dva způsoby využití AI. Ten první označuje za pozitivní. „Lidé používají AI jako kognitivní multiplikátor. Zkoumají víc věcí, rychleji získávají informace a lépe přemýšlejí.“ Druhý scénář je ale problematičtější. „AI se může stát kognitivní protézou. Místo toho, abychom přemýšleli, delegujeme celé rozhodnutí na stroj,“ varuje.
AI jako nástroj, ne náhrada člověka
Přesto Podhájský zůstává v zásadě optimistou. AI používá denně a považuje ji za mimořádně užitečný nástroj. Existují však oblasti, které by stroji nesvěřil. „Nepoužil bych AI na svatební sliby,“ říká s úsměvem.
Stejně skeptický je k tomu, aby AI plánovala zásadní životní rozhodnutí. „Nepoužiju ji na tvorbu plánů toho, co chci se svým životem dělat. Ty plány, se kterými většinou přijde, jsou příliš průměrné.“
Právě zde podle něj leží hranice mezi nástrojem, který člověka posiluje, a technologií, která ho postupně zbavuje autonomie.A to může být nakonec mnohem důležitější otázka než to, který model právě vede benchmarky nebo zda Nvidia dokáže i za několik let obhájit své výjimečné marže.
Amova Asset Management Americas Inc. cut its position in shares of Pacific Biosciences of California, Inc. (NASDAQ:PACB – Free Report) by 9.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,037,987 shares of the biotechnology company’s stock after selling 770,593 shares during the period. Amova Asset Management Americas Inc. owned 2.27% of Pacific Biosciences of California worth $9,220,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of PACB. UBS Group AG grew its stake in shares of Pacific Biosciences of California by 111.8% during the fourth quarter. UBS Group AG now owns 3,171,546 shares of the biotechnology company’s stock worth $5,931,000 after buying an additional 1,674,320 shares during the last quarter. Casdin Capital LLC increased its holdings in shares of Pacific Biosciences of California by 483.6% during the fourth quarter. Casdin Capital LLC now owns 4,223,767 shares of the biotechnology company’s stock worth $7,898,000 after buying an additional 3,500,000 shares in the last quarter. Main Street Research LLC bought a new position in shares of Pacific Biosciences of California in the 1st quarter valued at $201,000. Hartline Investment Corp lifted its stake in shares of Pacific Biosciences of California by 122.6% in the 1st quarter. Hartline Investment Corp now owns 69,000 shares of the biotechnology company’s stock valued at $91,000 after acquiring an additional 38,000 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its holdings in shares of Pacific Biosciences of California by 6.2% during the 1st quarter. AdvisorNet Financial Inc now owns 142,057 shares of the biotechnology company’s stock valued at $188,000 after acquiring an additional 8,290 shares in the last quarter.
Analyst Upgrades and Downgrades Several research analysts have recently issued reports on PACB shares. Barclays upped their price objective on Pacific Biosciences of California from $1.00 to $1.50 and gave the company an “underweight” rating in a research note on Monday, May 11th. Zacks Research lowered shares of Pacific Biosciences of California from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Pacific Biosciences of California in a research report on Tuesday, April 21st. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $1.83.
View Our Latest Stock Analysis on PACB
Pacific Biosciences of California Price Performance NASDAQ PACB opened at $1.36 on Tuesday. The stock has a market capitalization of $422.42 million, a price-to-earnings ratio of -3.16 and a beta of 2.29. Pacific Biosciences of California, Inc. has a one year low of $1.09 and a one year high of $2.73. The business’s fifty day moving average is $1.43 and its 200-day moving average is $1.62.
Pacific Biosciences of California (NASDAQ:PACB – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The biotechnology company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.05. The company had revenue of $37.18 million during the quarter, compared to analyst estimates of $39.94 million. Pacific Biosciences of California had a negative return on equity of 571.06% and a negative net margin of 80.35%. Research analysts expect that Pacific Biosciences of California, Inc. will post -0.5 EPS for the current fiscal year.
About Pacific Biosciences of California (Free Report)
Pacific Biosciences of California, Inc develops, manufactures and sells high-performance DNA sequencing systems for genetic and genomic analysis. The company’s proprietary single-molecule, real-time (SMRT) sequencing technology is designed to enable long-read sequencing, offering high accuracy for applications such as de novo genome assembly, transcriptome characterization and structural variation analysis. Pacific Biosciences markets a suite of instruments, including the Sequel and Sequel IIe systems, alongside reagents, consumables and data analysis software to support a range of life science research.
Founded in 2004 and headquartered in Menlo Park, California, Pacific Biosciences has expanded its global reach by serving academic institutions, biotechnology and pharmaceutical companies, and government research centers across North America, Europe and Asia.
See Also Five stocks we like better than Pacific Biosciences of California The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding PACB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacific Biosciences of California, Inc. (NASDAQ:PACB – Free Report).
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Allspring Global Investments Holdings LLC raised its position in SkyWest, Inc. (NASDAQ:SKYW – Free Report) by 21.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 215,017 shares of the transportation company’s stock after acquiring an additional 38,135 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.54% of SkyWest worth $20,147,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in SkyWest by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,590 shares of the transportation company’s stock worth $2,061,000 after buying an additional 1,034 shares during the period. United Services Automobile Association purchased a new position in SkyWest in the 1st quarter valued at approximately $227,000. M&T Bank Corp grew its stake in shares of SkyWest by 7.6% in the second quarter. M&T Bank Corp now owns 2,825 shares of the transportation company’s stock worth $290,000 after acquiring an additional 199 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of SkyWest by 118.5% in the second quarter. EverSource Wealth Advisors LLC now owns 625 shares of the transportation company’s stock worth $64,000 after acquiring an additional 339 shares in the last quarter. Finally, First Trust Advisors LP increased its position in shares of SkyWest by 8.8% during the second quarter. First Trust Advisors LP now owns 85,577 shares of the transportation company’s stock worth $8,812,000 after acquiring an additional 6,938 shares during the period. 81.30% of the stock is currently owned by hedge funds and other institutional investors.
SkyWest Trading Up 2.2% Shares of SkyWest stock opened at $99.34 on Tuesday. The company has a current ratio of 0.62, a quick ratio of 0.51 and a debt-to-equity ratio of 0.66. The company has a fifty day simple moving average of $90.91 and a 200-day simple moving average of $94.49. The stock has a market cap of $3.94 billion, a price-to-earnings ratio of 9.52, a PEG ratio of 1.41 and a beta of 1.45. SkyWest, Inc. has a 12-month low of $77.89 and a 12-month high of $123.94.
SkyWest (NASDAQ:SKYW – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The transportation company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.35. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $993.06 million. SkyWest had a net margin of 10.42% and a return on equity of 15.55%. SkyWest’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.42 earnings per share. On average, equities analysts forecast that SkyWest, Inc. will post 10.58 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth Several analysts have recently issued reports on SKYW shares. TD Cowen increased their price objective on SkyWest from $98.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Citigroup boosted their target price on SkyWest from $95.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, June 26th. Weiss Ratings upgraded SkyWest from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. Finally, The Goldman Sachs Group lowered SkyWest from a “buy” rating to a “neutral” rating and reduced their price target for the company from $126.00 to $115.00 in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $121.17.
Get Our Latest Analysis on SKYW
SkyWest Profile (Free Report)
SkyWest, Inc (NASDAQ: SKYW) is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.
Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.
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Amova Asset Management Americas Inc. cut its holdings in shares of Nu Holdings Ltd. (NYSE:NU – Free Report) by 1.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,395,488 shares of the company’s stock after selling 54,907 shares during the quarter. Amova Asset Management Americas Inc. owned 0.09% of NU worth $63,163,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in NU. Kapitalo Investimentos Ltda bought a new stake in shares of NU in the 1st quarter valued at about $10,002,000. AlTi Global Inc. increased its stake in NU by 2.0% in the 1st quarter. AlTi Global Inc. now owns 65,411 shares of the company’s stock worth $940,000 after purchasing an additional 1,275 shares during the period. Earned Wealth Advisors LLC lifted its position in NU by 15.7% in the first quarter. Earned Wealth Advisors LLC now owns 22,292 shares of the company’s stock valued at $320,000 after purchasing an additional 3,023 shares during the last quarter. Investment Management Associates Inc. ADV lifted its position in NU by 15.6% in the first quarter. Investment Management Associates Inc. ADV now owns 1,073,617 shares of the company’s stock valued at $15,428,000 after purchasing an additional 144,894 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of NU by 990.3% during the first quarter. Dimensional Fund Advisors LP now owns 298,789 shares of the company’s stock valued at $4,294,000 after purchasing an additional 271,385 shares during the period. 84.02% of the stock is currently owned by institutional investors.
Insider Activity In other news, Director Anita M. Sands sold 21,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $12.24, for a total value of $257,040.00. Following the transaction, the director owned 162,150 shares in the company, valued at approximately $1,984,716. This represents a 11.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link.
NU Stock Performance NYSE:NU opened at $14.03 on Tuesday. The stock has a market cap of $68.13 billion, a P/E ratio of 21.59, a price-to-earnings-growth ratio of 0.54 and a beta of 0.95. The firm’s fifty day simple moving average is $12.90 and its 200 day simple moving average is $14.75. Nu Holdings Ltd. has a twelve month low of $11.20 and a twelve month high of $18.98. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.36.
NU (NYSE:NU – Get Free Report) last announced its earnings results on Friday, May 15th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). NU had a return on equity of 30.91% and a net margin of 18.20%.The firm had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.06 billion. As a group, research analysts predict that Nu Holdings Ltd. will post 0.83 EPS for the current year.
NU announced that its board has approved a share buyback program on Thursday, June 4th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.
Wall Street Analysts Forecast Growth NU has been the topic of several recent analyst reports. Susquehanna cut shares of NU from a “positive” rating to a “neutral” rating and cut their target price for the stock from $18.00 to $13.00 in a report on Wednesday, June 3rd. Needham & Company LLC assumed coverage on shares of NU in a report on Friday, June 26th. They set a “buy” rating and a $17.00 price target for the company. Bank of America reissued an “underperform” rating on shares of NU in a research report on Tuesday, June 2nd. Scotiabank lowered shares of NU to a “sector perform” rating and set a $13.00 price target on the stock. in a report on Wednesday, June 3rd. Finally, Zacks Research cut shares of NU from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Ten equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $17.24.
Read Our Latest Analysis on NU
NU Company Profile (Free Report)
Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.
Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.
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Amova Asset Management Americas Inc. cut its holdings in shares of 10x Genomics (NASDAQ:TXG – Free Report) by 7.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,104,178 shares of the company’s stock after selling 381,975 shares during the period. 10x Genomics comprises about 1.5% of Amova Asset Management Americas Inc.’s portfolio, making the stock its 18th biggest position. Amova Asset Management Americas Inc. owned about 4.00% of 10x Genomics worth $108,311,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in the business. Geneos Wealth Management Inc. acquired a new position in shares of 10x Genomics in the fourth quarter valued at approximately $38,000. Larson Financial Group LLC boosted its position in 10x Genomics by 164.4% in the 4th quarter. Larson Financial Group LLC now owns 2,364 shares of the company’s stock valued at $39,000 after buying an additional 1,470 shares during the period. Fifth Third Bancorp acquired a new position in shares of 10x Genomics in the first quarter worth $50,000. Van ECK Associates Corp grew its stake in shares of 10x Genomics by 85.9% in the fourth quarter. Van ECK Associates Corp now owns 3,668 shares of the company’s stock worth $60,000 after acquiring an additional 1,695 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of 10x Genomics by 203.9% during the second quarter. EverSource Wealth Advisors LLC now owns 7,490 shares of the company’s stock worth $87,000 after acquiring an additional 5,025 shares during the period. Institutional investors and hedge funds own 84.68% of the company’s stock.
Wall Street Analysts Forecast Growth TXG has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of 10x Genomics in a report on Wednesday, June 24th. Canaccord Genuity Group increased their price target on 10x Genomics from $32.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Bank of America boosted their price objective on 10x Genomics from $21.00 to $30.00 and gave the stock a “neutral” rating in a research report on Monday, April 20th. Leerink Partners upped their target price on shares of 10x Genomics from $23.00 to $40.00 and gave the stock a “market perform” rating in a research note on Friday. Finally, Morgan Stanley raised their target price on shares of 10x Genomics from $22.00 to $37.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, 10x Genomics has a consensus rating of “Hold” and an average price target of $32.08.
Check Out Our Latest Stock Analysis on 10x Genomics
Insider Activity at 10x Genomics In other 10x Genomics news, CEO Serge Saxonov sold 30,000 shares of the company’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $34.44, for a total value of $1,033,200.00. Following the completion of the transaction, the chief executive officer owned 1,108,380 shares in the company, valued at $38,172,607.20. This represents a 2.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Shehnaaz Suliman sold 5,723 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $32.63, for a total value of $186,741.49. Following the transaction, the director directly owned 31,722 shares in the company, valued at approximately $1,035,088.86. The trade was a 15.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 91,309 shares of company stock valued at $2,581,357 in the last ninety days. 8.84% of the stock is currently owned by insiders.
10x Genomics Stock Down 1.2% Shares of 10x Genomics stock opened at $43.22 on Tuesday. 10x Genomics has a 52 week low of $11.16 and a 52 week high of $46.32. The firm’s 50 day moving average is $32.61 and its two-hundred day moving average is $24.90. The firm has a market capitalization of $5.49 billion, a P/E ratio of -254.24 and a beta of 2.05.
10x Genomics (NASDAQ:TXG – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.29) by $0.19. The business had revenue of $150.84 million during the quarter, compared to the consensus estimate of $146.41 million. 10x Genomics had a negative net margin of 3.55% and a negative return on equity of 2.86%. The company’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.28) EPS. As a group, research analysts expect that 10x Genomics will post -0.79 earnings per share for the current fiscal year.
10x Genomics Company Profile (Free Report)
10x Genomics, Inc is a biotechnology company specializing in advanced genomic analysis solutions that enable researchers to explore biology at unprecedented resolution. The company develops and manufactures integrated hardware, consumables and software products for single-cell sequencing and spatial genomics. Its flagship Chromium product line supports applications in single-cell RNA sequencing, immune profiling and genome assembly, while the Visium and Xenium platforms offer spatial transcriptomics and in situ analysis, respectively.
Founded in 2012 and headquartered in Pleasanton, California, 10x Genomics serves a global customer base that includes academic institutions, pharmaceutical and biotechnology companies, and government research organizations.
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Allspring Global Investments Holdings LLC increased its stake in Levi Strauss & Co. (NYSE:LEVI – Free Report) by 12.6% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,325,256 shares of the blue-jean maker’s stock after buying an additional 148,067 shares during the period. Allspring Global Investments Holdings LLC owned 0.34% of Levi Strauss & Co. worth $25,180,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LEVI. Vanguard Group Inc. boosted its stake in Levi Strauss & Co. by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 9,320,747 shares of the blue-jean maker’s stock worth $193,312,000 after purchasing an additional 342,009 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Levi Strauss & Co. by 462.4% during the first quarter. Bank of New York Mellon Corp now owns 4,839,861 shares of the blue-jean maker’s stock valued at $89,489,000 after buying an additional 3,979,223 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Levi Strauss & Co. by 44.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 4,243,680 shares of the blue-jean maker’s stock valued at $88,014,000 after acquiring an additional 1,296,474 shares in the last quarter. Balyasny Asset Management L.P. increased its position in shares of Levi Strauss & Co. by 9.3% during the third quarter. Balyasny Asset Management L.P. now owns 3,457,702 shares of the blue-jean maker’s stock valued at $80,564,000 after acquiring an additional 294,053 shares in the last quarter. Finally, GW&K Investment Management LLC raised its holdings in Levi Strauss & Co. by 31.5% in the 4th quarter. GW&K Investment Management LLC now owns 2,219,599 shares of the blue-jean maker’s stock worth $46,034,000 after acquiring an additional 531,963 shares during the last quarter. Institutional investors own 69.14% of the company’s stock.
Insider Buying and Selling at Levi Strauss & Co. In other news, major shareholder Margaret E. Haas sold 47,721 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $24.01, for a total transaction of $1,145,781.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder E. Haas Jr. Family Fund Peter sold 145,662 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $24.01, for a total transaction of $3,497,344.62. Following the completion of the transaction, the insider owned 145,662 shares in the company, valued at $3,497,344.62. This trade represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,236,803 shares of company stock worth $28,742,192 in the last three months. 1.08% of the stock is currently owned by company insiders.
Levi Strauss & Co. Price Performance Shares of LEVI opened at $23.98 on Tuesday. The firm has a market cap of $9.23 billion, a PE ratio of 14.81, a P/E/G ratio of 1.61 and a beta of 1.33. The company has a current ratio of 1.60, a quick ratio of 0.98 and a debt-to-equity ratio of 0.46. The firm has a fifty day simple moving average of $23.33 and a two-hundred day simple moving average of $21.78. Levi Strauss & Co. has a 1-year low of $17.72 and a 1-year high of $25.58.
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last released its quarterly earnings results on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.04. The firm had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.The company’s revenue was up 8.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.22 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. On average, equities analysts anticipate that Levi Strauss & Co. will post 1.54 EPS for the current year.
Levi Strauss & Co. Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be paid a dividend of $0.16 per share. The ex-dividend date is Wednesday, July 22nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.7%. This is an increase from Levi Strauss & Co.’s previous quarterly dividend of $0.14. Levi Strauss & Co.’s dividend payout ratio is presently 34.57%.
Wall Street Analysts Forecast Growth LEVI has been the topic of several analyst reports. Raymond James Financial upped their price objective on Levi Strauss & Co. from $25.00 to $27.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. UBS Group reissued a “buy” rating and issued a $34.00 target price on shares of Levi Strauss & Co. in a report on Thursday, July 9th. Barclays boosted their price target on Levi Strauss & Co. from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Friday, July 10th. Wall Street Zen raised Levi Strauss & Co. from a “hold” rating to a “strong-buy” rating in a report on Saturday, April 11th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $28.00 price objective on shares of Levi Strauss & Co. in a research report on Thursday, July 9th. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Levi Strauss & Co. currently has a consensus rating of “Moderate Buy” and an average target price of $27.46.
View Our Latest Stock Analysis on Levi Strauss & Co.
About Levi Strauss & Co. (Free Report)
Levi Strauss & Co is a global apparel company best known for its denim jeans and casual wear. Founded in 1853 in San Francisco by Bavarian immigrant Levi Strauss, the company pioneered the modern blue jean with the introduction of rivet-reinforced work pants. Over its more than 160-year history, Levi Strauss has evolved into a lifestyle brand, offering a broad portfolio that includes denim for men, women and children, as well as tops, outerwear, footwear and accessories.
The company’s flagship label, Levi’s®, is recognized worldwide for its iconic styles such as the 501® Original Fit Jeans, while additional brands, including Dockers®, Target core metric, and Denizen® by Levi’s, cater to diverse price points and consumer segments.
Featured Articles Five stocks we like better than Levi Strauss & Co. The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding LEVI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Levi Strauss & Co. (NYSE:LEVI – Free Report).
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Andra AP fonden grew its stake in Reddit Inc. (NYSE:RDDT – Free Report) by 152.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,100 shares of the company’s stock after buying an additional 103,972 shares during the period. Andra AP fonden owned approximately 0.09% of Reddit worth $23,173,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the stock. Ascentis Independent Advisors bought a new position in Reddit in the first quarter valued at $30,000. LOM Asset Management Ltd bought a new stake in Reddit during the fourth quarter worth about $33,000. Geneos Wealth Management Inc. boosted its holdings in shares of Reddit by 344.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 369 shares of the company’s stock worth $39,000 after purchasing an additional 286 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Reddit in the 1st quarter worth about $43,000. Finally, Cassaday & Co Wealth Management LLC bought a new position in Reddit during the first quarter valued at approximately $46,000.
Insider Activity In other Reddit news, CAO Michelle Marie Reynolds sold 808 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $200.00, for a total transaction of $161,600.00. Following the completion of the transaction, the chief accounting officer owned 15,060 shares of the company’s stock, valued at approximately $3,012,000. This trade represents a 5.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Steve Ladd Huffman sold 18,000 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $178.26, for a total transaction of $3,208,680.00. Following the sale, the chief executive officer owned 373,814 shares in the company, valued at approximately $66,636,083.64. This trade represents a 4.59% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 169,141 shares of company stock worth $28,680,845 in the last quarter. 28.48% of the stock is owned by company insiders.
Reddit Stock Up 0.5% Shares of RDDT stock opened at $182.08 on Tuesday. The firm has a market capitalization of $35.05 billion, a price-to-earnings ratio of 52.02 and a beta of 1.93. The stock has a fifty day moving average of $173.23 and a 200 day moving average of $168.93. Reddit Inc. has a 52 week low of $119.27 and a 52 week high of $282.95.
Reddit (NYSE:RDDT – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.39. Reddit had a net margin of 28.60% and a return on equity of 25.48%. The business had revenue of $663.41 million for the quarter, compared to the consensus estimate of $607.74 million. During the same period in the previous year, the firm earned $0.13 EPS. The company’s quarterly revenue was up 69.1% compared to the same quarter last year. Equities research analysts anticipate that Reddit Inc. will post 4.85 earnings per share for the current year.
Wall Street Analysts Forecast Growth Several research firms recently issued reports on RDDT. Truist Financial set a $265.00 price target on Reddit in a research report on Friday, May 1st. Oppenheimer reissued an “outperform” rating and set a $225.00 price objective on shares of Reddit in a research note on Friday, May 1st. Wells Fargo & Company raised their target price on shares of Reddit from $176.00 to $187.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. Citigroup reaffirmed a “market outperform” rating on shares of Reddit in a research note on Tuesday, May 26th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $200.00 price target on shares of Reddit in a report on Friday, May 1st. Nineteen investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, Reddit presently has a consensus rating of “Moderate Buy” and an average price target of $232.48.
Read Our Latest Report on Reddit
Reddit Company Profile (Free Report)
Reddit is an online social news aggregation, discussion and content-sharing platform organized around user-created communities called “subreddits,” each focused on a particular topic or interest. Registered users submit links, text posts, images and video, and community members vote and comment to surface popular content. The site is accessed via its web platform and mobile apps for iOS and Android, and it supports live events such as Ask Me Anything (AMA) sessions and community-driven discussions.
Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit is headquartered in San Francisco and serves a global audience with particularly large user bases in the United States and other English-speaking markets.
Featured Stories Five stocks we like better than Reddit The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding RDDT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Reddit Inc. (NYSE:RDDT – Free Report).
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Andar Capital Management HK Ltd purchased a new stake in Applied Optoelectronics, Inc. (NASDAQ:AAOI – Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 134,000 shares of the semiconductor company’s stock, valued at approximately $11,335,000. Applied Optoelectronics makes up 9.7% of Andar Capital Management HK Ltd’s holdings, making the stock its 4th largest holding. Andar Capital Management HK Ltd owned 0.17% of Applied Optoelectronics as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in the company. Hollencrest Capital Management bought a new stake in Applied Optoelectronics during the 1st quarter worth approximately $208,000. KBC Group NV bought a new position in Applied Optoelectronics in the 1st quarter valued at $164,000. Swiss National Bank raised its position in Applied Optoelectronics by 9.8% in the 1st quarter. Swiss National Bank now owns 128,300 shares of the semiconductor company’s stock valued at $10,853,000 after purchasing an additional 11,500 shares during the last quarter. Jennison Associates LLC acquired a new position in Applied Optoelectronics in the first quarter worth $435,000. Finally, Independent Financial Group LLC bought a new stake in shares of Applied Optoelectronics during the first quarter worth $646,000. 61.70% of the stock is owned by institutional investors.
Applied Optoelectronics Price Performance Applied Optoelectronics stock opened at $103.02 on Tuesday. The business’s 50-day simple moving average is $157.75 and its 200 day simple moving average is $111.55. The company has a quick ratio of 3.03, a current ratio of 3.83 and a debt-to-equity ratio of 0.18. The stock has a market cap of $8.27 billion, a price-to-earnings ratio of -156.09 and a beta of 3.69. Applied Optoelectronics, Inc. has a 12-month low of $18.50 and a 12-month high of $233.67.
Applied Optoelectronics (NASDAQ:AAOI – Get Free Report) last issued its earnings results on Thursday, May 7th. The semiconductor company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.02). Applied Optoelectronics had a negative net margin of 8.55% and a negative return on equity of 4.64%. The business had revenue of $151.14 million during the quarter, compared to the consensus estimate of $156.98 million. During the same period last year, the business posted ($0.02) EPS. The firm’s revenue for the quarter was up 51.3% compared to the same quarter last year. Applied Optoelectronics has set its Q2 2026 guidance at -0.030-0.030 EPS. As a group, research analysts anticipate that Applied Optoelectronics, Inc. will post 0.6 earnings per share for the current year.
Analyst Ratings Changes A number of brokerages have recently weighed in on AAOI. Rosenblatt Securities restated a “buy” rating and issued a $220.00 target price on shares of Applied Optoelectronics in a research note on Monday, June 22nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Applied Optoelectronics in a research report on Tuesday, July 7th. Raymond James Financial restated an “outperform” rating on shares of Applied Optoelectronics in a research report on Wednesday, June 10th. Finally, Wall Street Zen downgraded shares of Applied Optoelectronics from a “hold” rating to a “sell” rating in a research note on Monday, April 13th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Applied Optoelectronics presently has a consensus rating of “Hold” and an average target price of $113.80.
Check Out Our Latest Stock Analysis on Applied Optoelectronics
Insiders Place Their Bets In other Applied Optoelectronics news, insider Hung-Lun (Fred) Chang sold 40,329 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $170.60, for a total value of $6,880,127.40. Following the transaction, the insider owned 286,124 shares of the company’s stock, valued at approximately $48,812,754.40. This represents a 12.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David C. Kuo sold 29,227 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $166.53, for a total transaction of $4,867,172.31. Following the completion of the sale, the insider owned 149,078 shares in the company, valued at approximately $24,825,959.34. This trade represents a 16.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 500,215 shares of company stock valued at $86,658,774 in the last ninety days. 3.80% of the stock is currently owned by insiders.
Applied Optoelectronics Company Profile (Free Report)
Applied Optoelectronics, Inc develops and manufactures high-speed fiber-optic networking products designed to support the growing bandwidth demands of data centers, telecommunications carriers and internet content providers. The company’s core offerings include pluggable optical transceiver modules, transponders and optical components that enable data transmission at rates ranging from 1G to 400G. These products are used to facilitate long-haul, metro and intra-data center connectivity, addressing the need for scalable, low-latency and energy-efficient solutions in modern network infrastructures.
The company’s product portfolio spans small-form factor pluggable modules such as SFP+, QSFP+ and QSFP28 units, as well as more advanced form factors like CFP2 and OSFP for ultra-high-speed applications.
Further Reading Five stocks we like better than Applied Optoelectronics The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding AAOI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Applied Optoelectronics, Inc. (NASDAQ:AAOI – Free Report).
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Amova Asset Management Americas Inc. raised its stake in Tempus AI, Inc. (NASDAQ:TEM – Free Report) by 23.4% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 4,326,313 shares of the company’s stock after purchasing an additional 821,490 shares during the quarter. Tempus AI accounts for 2.8% of Amova Asset Management Americas Inc.’s portfolio, making the stock its 8th biggest position. Amova Asset Management Americas Inc. owned 2.42% of Tempus AI worth $195,549,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently made changes to their positions in the stock. JPL Wealth Management LLC bought a new stake in Tempus AI during the 3rd quarter valued at $26,000. Los Angeles Capital Management LLC bought a new stake in Tempus AI in the 4th quarter worth $27,000. Harvest Fund Management Co. Ltd bought a new stake in Tempus AI in the 3rd quarter worth $38,000. Danske Bank A S purchased a new position in shares of Tempus AI in the third quarter valued at about $48,000. Finally, Sunbelt Securities Inc. purchased a new position in shares of Tempus AI in the third quarter valued at about $52,000. Hedge funds and other institutional investors own 24.22% of the company’s stock.
Analysts Set New Price Targets A number of analysts have recently weighed in on TEM shares. Wall Street Zen lowered shares of Tempus AI from a “hold” rating to a “sell” rating in a report on Saturday, July 4th. TD Cowen restated a “buy” rating on shares of Tempus AI in a report on Wednesday, July 15th. HC Wainwright lowered their price target on Tempus AI from $95.00 to $64.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Lake Street Capital cut Tempus AI to a “hold” rating in a report on Monday. Finally, Guggenheim lifted their price objective on Tempus AI from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Thursday. Nine investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $68.92.
Get Our Latest Stock Report on TEM
Insider Activity In other news, Director Jennifer A. Doudna sold 2,673 shares of the business’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $55.00, for a total transaction of $147,015.00. Following the sale, the director owned 25,942 shares in the company, valued at approximately $1,426,810. The trade was a 9.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Fukushima sold 33,284 shares of the company’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $57.39, for a total transaction of $1,910,168.76. Following the completion of the sale, the chief executive officer directly owned 167,763 shares in the company, valued at $9,627,918.57. This represents a 16.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 616,043 shares of company stock worth $31,748,593. 24.26% of the stock is currently owned by corporate insiders.
Tempus AI Stock Down 7.7% Shares of NASDAQ:TEM opened at $48.41 on Tuesday. The firm has a market capitalization of $8.69 billion, a P/E ratio of -28.15 and a beta of 3.46. The company has a debt-to-equity ratio of 2.96, a quick ratio of 3.15 and a current ratio of 3.31. The stock has a 50 day moving average price of $51.60 and a 200-day moving average price of $53.91. Tempus AI, Inc. has a 52-week low of $41.73 and a 52-week high of $104.32.
Tempus AI (NASDAQ:TEM – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.08. The company had revenue of $348.12 million for the quarter, compared to analyst estimates of $345.44 million. Tempus AI had a negative return on equity of 53.83% and a negative net margin of 22.20%.The firm’s revenue was up 36.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.24) earnings per share. As a group, equities research analysts anticipate that Tempus AI, Inc. will post -1.35 EPS for the current fiscal year.
Tempus AI Profile (Free Report)
Tempus is a technology-driven healthcare company that applies artificial intelligence and machine learning to clinical and molecular data in order to advance precision medicine. Its primary focus lies in oncology, where the company offers comprehensive genomic profiling, digital pathology services and data-driven insights to inform personalized cancer care. By integrating DNA and RNA sequencing with structured clinical information, Tempus enables clinicians and researchers to identify targeted treatment options for patients based on the genetic characteristics of their tumors.
The company’s core offering centers on a scalable, cloud-based analytics platform that aggregates vast amounts of molecular and clinical data.
See Also Five stocks we like better than Tempus AI The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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Andar Capital Management HK Ltd grew its position in shares of Semtech Corporation (NASDAQ:SMTC – Free Report) by 3.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 196,000 shares of the semiconductor company’s stock after purchasing an additional 6,475 shares during the period. Semtech accounts for about 12.9% of Andar Capital Management HK Ltd’s investment portfolio, making the stock its 3rd largest position. Andar Capital Management HK Ltd owned about 0.21% of Semtech worth $15,070,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp increased its stake in Semtech by 12,214.3% in the first quarter. Jones Financial Companies Lllp now owns 2,586 shares of the semiconductor company’s stock valued at $89,000 after purchasing an additional 2,565 shares during the last quarter. Empowered Funds LLC boosted its stake in Semtech by 11.5% in the 1st quarter. Empowered Funds LLC now owns 9,389 shares of the semiconductor company’s stock worth $323,000 after buying an additional 968 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Semtech by 5.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 411,814 shares of the semiconductor company’s stock worth $14,166,000 after buying an additional 22,629 shares during the last quarter. Strs Ohio purchased a new stake in Semtech in the 1st quarter valued at about $65,000. Finally, Cetera Investment Advisers purchased a new stake in Semtech in the 2nd quarter valued at about $226,000.
Semtech Price Performance Shares of NASDAQ SMTC opened at $125.88 on Tuesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 2.37 and a quick ratio of 1.62. Semtech Corporation has a 1-year low of $46.02 and a 1-year high of $177.35. The company has a market capitalization of $11.73 billion, a price-to-earnings ratio of -322.77 and a beta of 2.31. The business has a 50-day moving average of $149.26 and a 200-day moving average of $109.07.
Semtech (NASDAQ:SMTC – Get Free Report) last posted its quarterly earnings data on Tuesday, May 26th. The semiconductor company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.06. Semtech had a negative net margin of 3.05% and a positive return on equity of 18.31%. The company had revenue of $291.02 million during the quarter, compared to analysts’ expectations of $283.53 million. During the same period in the prior year, the company posted $0.38 EPS. The firm’s revenue for the quarter was up 15.9% on a year-over-year basis. Semtech has set its Q2 2027 guidance at 0.590-0.630 EPS. On average, equities analysts anticipate that Semtech Corporation will post 1.81 EPS for the current fiscal year.
Analyst Ratings Changes SMTC has been the topic of several recent analyst reports. Craig Hallum increased their price objective on shares of Semtech from $105.00 to $205.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. B. Riley Financial boosted their target price on shares of Semtech from $165.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Susquehanna upped their price target on shares of Semtech from $170.00 to $200.00 and gave the stock a “positive” rating in a research report on Wednesday, May 27th. Needham & Company LLC reaffirmed a “buy” rating and set a $200.00 price target on shares of Semtech in a research note on Monday, July 13th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Semtech in a report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $189.07.
View Our Latest Report on SMTC
Insider Buying and Selling at Semtech In related news, insider John Michael Wilson sold 5,500 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $170.00, for a total transaction of $935,000.00. Following the completion of the transaction, the insider directly owned 80,876 shares in the company, valued at $13,748,920. This represents a 6.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Mark Lin sold 970 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $150.41, for a total transaction of $145,897.70. Following the transaction, the chief financial officer owned 34,896 shares of the company’s stock, valued at $5,248,707.36. This represents a 2.70% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 22,734 shares of company stock valued at $3,256,056. Corporate insiders own 0.44% of the company’s stock.
Semtech Company Profile (Free Report)
Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms. The company’s products address a broad range of applications in the Internet of Things (IoT), data center and telecom, industrial, home automation, automotive, and aerospace markets. Semtech’s portfolio includes power management, signal integrity, protection devices, wireless and sensing technologies that enable smarter, more connected systems worldwide.
A core offering from Semtech is its LoRa® technology, a low-power, long-range wireless communication platform that has become a de facto standard for global IoT deployments.
See Also Five stocks we like better than Semtech The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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Amova Asset Management Americas Inc. decreased its position in Rubrik, Inc. (NYSE:RBRK – Free Report) by 6.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 311,213 shares of the company’s stock after selling 21,717 shares during the quarter. Amova Asset Management Americas Inc. owned 0.15% of Rubrik worth $15,228,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RBRK. Atlantic Union Bankshares Corp boosted its stake in Rubrik by 100.0% in the fourth quarter. Atlantic Union Bankshares Corp now owns 400 shares of the company’s stock worth $31,000 after purchasing an additional 200 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in shares of Rubrik during the third quarter worth $34,000. Triumph Capital Management acquired a new stake in shares of Rubrik in the fourth quarter valued at $33,000. Los Angeles Capital Management LLC acquired a new position in Rubrik during the 4th quarter worth about $35,000. Finally, Advocate Investing Services LLC acquired a new stake in Rubrik in the 4th quarter valued at about $38,000. 49.54% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Rubrik In other news, Director Yvonne Wassenaar sold 721 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $81.57, for a total value of $58,811.97. Following the sale, the director directly owned 4,638 shares in the company, valued at $378,321.66. The trade was a 13.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ravi Mhatre sold 3,979 shares of Rubrik stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $83.10, for a total transaction of $330,654.90. Following the completion of the sale, the director owned 125,351 shares in the company, valued at $10,416,668.10. This trade represents a 3.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 291,321 shares of company stock worth $24,074,426. Company insiders own 13.66% of the company’s stock.
Analyst Upgrades and Downgrades A number of analysts recently weighed in on RBRK shares. UBS Group reissued a “buy” rating on shares of Rubrik in a report on Monday, June 1st. Mizuho lifted their price target on shares of Rubrik from $80.00 to $90.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. BTIG Research reissued a “buy” rating and set a $91.00 price target on shares of Rubrik in a research note on Thursday, June 11th. Guggenheim restated a “buy” rating on shares of Rubrik in a report on Friday, June 5th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Rubrik in a research note on Friday, June 26th. Twenty-eight analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Rubrik presently has an average rating of “Moderate Buy” and a consensus price target of $93.96.
Get Our Latest Research Report on Rubrik
Rubrik Trading Down 1.0% RBRK stock opened at $78.18 on Tuesday. The firm has a market cap of $16.09 billion, a PE ratio of -53.92 and a beta of 1.10. The business’s 50-day moving average price is $74.24 and its two-hundred day moving average price is $62.81. Rubrik, Inc. has a 1-year low of $42.25 and a 1-year high of $99.75.
Rubrik (NYSE:RBRK – Get Free Report) last issued its quarterly earnings data on Thursday, June 4th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.19. The business had revenue of $387.07 million during the quarter, compared to analyst estimates of $366.31 million. Rubrik’s revenue for the quarter was up 39.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.15) earnings per share. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. On average, analysts forecast that Rubrik, Inc. will post -1.16 earnings per share for the current year.
Rubrik Profile (Free Report)
Rubrik, Inc is a cloud data management and security company that delivers a unified platform for data protection, disaster recovery, compliance and intelligent data governance. Its flagship offering, the Rubrik Security Cloud, enables organizations to automate backup and recovery workflows across on-premises, edge and multi-cloud environments. By combining policy-driven orchestration with real-time threat detection, Rubrik helps clients guard against ransomware, ensure business continuity and enforce data retention requirements.
The company’s platform supports a range of services including backup and restore, long-term data archiving, replication, and disaster recovery as a service (DRaaS).
Read More Five stocks we like better than Rubrik The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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Amova Asset Management Americas Inc. cut its position in shares of Intellia Therapeutics, Inc. (NASDAQ:NTLA – Free Report) by 10.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,973,061 shares of the company’s stock after selling 219,400 shares during the quarter. Amova Asset Management Americas Inc. owned 1.64% of Intellia Therapeutics worth $25,275,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently bought and sold shares of NTLA. ARK Investment Management LLC grew its stake in Intellia Therapeutics by 19.2% in the 4th quarter. ARK Investment Management LLC now owns 14,207,324 shares of the company’s stock valued at $127,724,000 after acquiring an additional 2,288,146 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Intellia Therapeutics by 17.8% in the fourth quarter. Vanguard Group Inc. now owns 13,010,001 shares of the company’s stock valued at $116,960,000 after purchasing an additional 1,965,181 shares during the last quarter. State Street Corp grew its position in shares of Intellia Therapeutics by 29.1% in the fourth quarter. State Street Corp now owns 6,418,836 shares of the company’s stock valued at $57,705,000 after purchasing an additional 1,447,967 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Intellia Therapeutics by 4.1% during the 4th quarter. Geode Capital Management LLC now owns 2,696,187 shares of the company’s stock worth $24,243,000 after purchasing an additional 107,333 shares in the last quarter. Finally, Two Sigma Investments LP increased its stake in shares of Intellia Therapeutics by 7.6% during the 3rd quarter. Two Sigma Investments LP now owns 2,449,607 shares of the company’s stock worth $42,305,000 after purchasing an additional 173,033 shares in the last quarter. 88.77% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades A number of research firms recently issued reports on NTLA. The Goldman Sachs Group upped their target price on Intellia Therapeutics from $8.00 to $9.00 and gave the company a “sell” rating in a research note on Tuesday, April 28th. HC Wainwright reissued a “buy” rating and set a $25.00 price target on shares of Intellia Therapeutics in a research report on Monday, June 15th. Wedbush boosted their price target on Intellia Therapeutics from $12.00 to $17.00 and gave the stock a “neutral” rating in a report on Friday, July 10th. Wolfe Research downgraded Intellia Therapeutics from a “peer perform” rating to an “underperform” rating and set a $9.00 price objective on the stock. in a research report on Wednesday, July 15th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Intellia Therapeutics in a research note on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $20.19.
View Our Latest Research Report on NTLA
Insider Transactions at Intellia Therapeutics In other news, CAO Michael P. Dube sold 2,641 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $16.78, for a total transaction of $44,315.98. Following the completion of the sale, the chief accounting officer directly owned 66,886 shares in the company, valued at $1,122,347.08. This represents a 3.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Edward J. Dulac III sold 4,677 shares of the stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $18.00, for a total value of $84,186.00. Following the completion of the transaction, the executive vice president directly owned 156,286 shares in the company, valued at $2,813,148. This trade represents a 2.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 3.50% of the company’s stock.
Intellia Therapeutics Stock Down 4.0% Shares of NASDAQ:NTLA opened at $10.92 on Tuesday. The company has a market cap of $1.53 billion, a P/E ratio of -3.08 and a beta of 1.77. Intellia Therapeutics, Inc. has a 52 week low of $7.95 and a 52 week high of $28.25. The business has a fifty day simple moving average of $14.22 and a 200-day simple moving average of $13.44.
Intellia Therapeutics (NASDAQ:NTLA – Get Free Report) last released its earnings results on Monday, May 11th. The company reported ($0.81) EPS for the quarter, beating the consensus estimate of ($0.92) by $0.11. Intellia Therapeutics had a negative return on equity of 57.47% and a negative net margin of 597.04%.The firm had revenue of $15.05 million during the quarter, compared to analyst estimates of $13.81 million. During the same period in the prior year, the firm posted ($1.10) earnings per share. Sell-side analysts expect that Intellia Therapeutics, Inc. will post -3.18 earnings per share for the current fiscal year.
Intellia Therapeutics Profile (Free Report)
Intellia Therapeutics, Inc (NASDAQ: NTLA) is a clinical‐stage biotechnology company focused on developing potentially curative genome editing therapies using the CRISPR/Cas9 platform. The company’s research spans both in vivo and ex vivo applications of CRISPR/Cas9, aiming to correct or disable disease‐causing genes with a single administration. Intellia’s lead in vivo program targets transthyretin amyloidosis (ATTR) by delivering CRISPR/Cas9 machinery directly to the liver, while additional preclinical efforts pursue treatments for hemophilia A, hereditary angioedema and other genetic disorders.
Beyond its in vivo pipeline, Intellia collaborates with strategic partners to extend the impact of its genome editing approach.
Recommended Stories Five stocks we like better than Intellia Therapeutics The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding NTLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intellia Therapeutics, Inc. (NASDAQ:NTLA – Free Report).
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Silver (XAG/USD) is rallying, favoured by a mild US Dollar weakness on Tuesday. The precious metal is testing one-week highs at the $59.70 area at the time of writing as investors hope that mediators’ efforts to achieve a new ceasefire between the US and Iran are offsetting fears that the conflict might escalate out of control.
US attacked Iran for the 1th day in a row, and Iran responded by targeting US assets in Gulf Countries. The key Strait of Hormuz remains closed, and the Iran-backed Houthis have announced the closure of the Bab el-Mandeb Strait to Saudi Arabian vessels, which might further strangle Oil supply.
Markets, however, are keeping the faith that efforts to cease hostilities will succeed, which explains the mild reversal on the US Dollar Index (DXY). Axios reported earlier on Tuesday that the Trump administration is exploring the peace proposal and that it has urged Israel to avoid steps that might close the diplomatic window.
Technical Analysis: Bulls breached the descending trendline
XAG/USD trades at $58.97, after breaking the descending trendline resistance from late May, early June highs, with momentum indicators supporting the bullish view. The 4-Hour Relative Strength Index (14) is getting close but not yet at overbought levels, while the Moving Average Convergence Divergence (MACD) indicator extends gains in positive territory, hinting that buyers remain in control while price presses into nearby overhead levels.
Bulls seem to have met some resistance in the middle range of the $59.00s, which capped rallies on July 14 and 15. Further up, a support-turned-resistance at $63.10 and a similar area just ahead of the $67.00 level are the next targets.
On the downside, the broken trendline, now at $56.45, and the year-to-date low, a few cents below $55.00, are likely to challenge bears. If these levels are broken, sellers might feel attracted by the late October 2025 low, at $48.64.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Silver FAQs Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.
Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold's. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.
Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.
Silver prices tend to follow Gold's moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.
United Overseas Bank’s (UOB) Quek Ser Leang judges GBP/USD price action as range-bound after an unexpected intraday spike and sharp drop. The pair is now expected to hold between 1.3400 and 1.3460 in the short term, with a broader 1.3385–1.3495 range for the coming weeks. Momentum indicators are flat, suggesting neutral direction with wider supports at 1.3210 and 1.3160.
Sterling-Dollar momentum fades into consolidation"24-HOUR VIEW: Yesterday, we highlighted that GBP “is likely to trade in a range between 1.3420 and 1.3475.” The subsequent price movements did not turn out as expected. GBP rose to 1.3481 before declining sharply to a low of 1.3414. The decline could extend further, but given the lack of any significant increase in downward momentum, GBP is likely to remain within a 1.3400/1.3460 range."
"1-3 WEEKS VIEW: Our update from yesterday (20 Jul, spot at 1.3445) remains valid. As highlighted, the recent “build-up in upward momentum has faded,” and GBP “has likely entered a range-trading phase between 1.3385 and 1.3495.”."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
GBP/USD remains weaker for the fourth consecutive day, trading around 1.3430 during the European hours on Tuesday. The technical analysis of the daily chart indicates a prevailing bullish bias as the pair remains within the ascending channel.
The GBP/USD pair is holding a constructive bullish bias as spot remains above both the nine-day and 50-day Exponential Moving Averages (EMAs). The alignment of shorter and longer EMAs below price suggests an underpinning uptrend, while the 14-day Relative Strength Index (RSI) at roughly 55 points to steady, rather than overstretched, positive momentum.
The GBP/USD pair may rise toward the upper boundary of the ascending channel around 1.3630, followed by the five-month high of 1.3658, reached on May 1. A break above this level would expose 1.3869, the highest level since September 2021, reached on January 27.
On the downside, the GBP/USD pair is testing the immediate support at the nine-day EMA of 1.3426, aligned with the lower boundary of the ascending channel. Further support lies at the 50-day EMA at 1.3386. A successful break below the medium-term average would expose nearly an eight-month low of 1.3140, recorded on June 24.
GBP/USD: Daily Chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
Pound Sterling Price Today The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the weakest against the New Zealand Dollar.
USDEURGBPJPYCADAUDNZDCHFUSD-0.08%0.02%0.11%-0.04%-0.35%-0.36%-0.02%EUR0.08%0.10%0.17%0.04%-0.25%-0.28%0.06%GBP-0.02%-0.10%0.07%-0.06%-0.35%-0.38%-0.04%JPY-0.11%-0.17%-0.07%-0.15%-0.44%-0.48%-0.13%CAD0.04%-0.04%0.06%0.15%-0.30%-0.32%0.02%AUD0.35%0.25%0.35%0.44%0.30%-0.03%0.31%NZD0.36%0.28%0.38%0.48%0.32%0.03%0.34%CHF0.02%-0.06%0.04%0.13%-0.02%-0.31%-0.34% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).
Sterling enters this week on firmer footing, with political uncertainty fading fast after Andy Burnham's confirmation as Labour leader eased investor concerns over the succession to Keir Starmer. Markets reacted further to reports pointing to Shabana Mahmood as the frontrunner for Chancellor, viewed as the more fiscally disciplined choice.
Allspring Global Investments Holdings LLC boosted its stake in Manulife Financial Corp (NYSE:MFC – Free Report) (TSE:MFC) by 8.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 687,432 shares of the financial services provider’s stock after buying an additional 52,020 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Manulife Financial were worth $23,909,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Basepoint Wealth LLC acquired a new position in shares of Manulife Financial during the 4th quarter valued at $25,000. Hantz Financial Services Inc. bought a new position in Manulife Financial during the fourth quarter valued at about $28,000. Sfam LLC acquired a new position in Manulife Financial during the fourth quarter worth about $28,000. Heritage Wealth Advisors acquired a new position in Manulife Financial during the fourth quarter worth about $30,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in Manulife Financial in the first quarter worth about $29,000. 52.56% of the stock is currently owned by institutional investors.
Manulife Financial Stock Down 2.1% Shares of NYSE MFC opened at $42.48 on Tuesday. Manulife Financial Corp has a 12 month low of $29.70 and a 12 month high of $43.56. The company has a market cap of $70.60 billion, a price-to-earnings ratio of 16.86 and a beta of 0.84. The business has a fifty day simple moving average of $39.98 and a 200-day simple moving average of $37.77.
Manulife Financial (NYSE:MFC – Get Free Report) (TSE:MFC) last issued its quarterly earnings results on Wednesday, May 13th. The financial services provider reported $0.77 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.02). Manulife Financial had a return on equity of 16.58% and a net margin of 10.19%.The company had revenue of $8.89 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same period in the prior year, the business posted $0.99 EPS. As a group, sell-side analysts expect that Manulife Financial Corp will post 3.03 EPS for the current fiscal year.
Manulife Financial Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Friday, May 29th were given a $0.485 dividend. This represents a $1.94 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Friday, May 29th. Manulife Financial’s dividend payout ratio is 56.75%.
Analyst Ratings Changes A number of equities research analysts have weighed in on MFC shares. TD Securities reissued a “buy” rating on shares of Manulife Financial in a report on Thursday, May 14th. Zacks Research cut shares of Manulife Financial from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 15th. Scotiabank reiterated an “outperform” rating on shares of Manulife Financial in a report on Wednesday, July 15th. Finally, Weiss Ratings raised shares of Manulife Financial from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $51.50.
View Our Latest Stock Analysis on MFC
Manulife Financial Profile (Free Report)
Manulife Financial Corporation is a multinational insurance and financial services company headquartered in Toronto, Ontario. Founded in the late 19th century as The Manufacturers Life Insurance Company, Manulife provides a broad range of financial products and services to individual and institutional clients. Its core businesses include life and health insurance, retirement and pension solutions, wealth and asset management, and group benefits.
In wealth and asset management, Manulife operates through Manulife Investment Management and offers mutual funds, segregated funds, institutional asset management, and retirement plan solutions.
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Allspring Global Investments Holdings LLC boosted its position in shares of Garmin Ltd. (NYSE:GRMN – Free Report) by 9.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,606 shares of the scientific and technical instruments company’s stock after purchasing an additional 7,382 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Garmin were worth $20,337,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Reflection Asset Management purchased a new stake in Garmin in the fourth quarter valued at $32,000. Archer Investment Corp purchased a new position in shares of Garmin during the 1st quarter worth $37,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Garmin during the 4th quarter worth about $34,000. Torren Management LLC acquired a new stake in shares of Garmin during the 4th quarter worth about $41,000. Finally, GraniteShares Advisors LLC purchased a new stake in Garmin in the 4th quarter valued at about $41,000. 81.60% of the stock is currently owned by institutional investors and hedge funds.
Garmin Stock Down 1.7% Shares of GRMN stock opened at $245.23 on Tuesday. Garmin Ltd. has a 52 week low of $186.67 and a 52 week high of $273.32. The stock has a market capitalization of $47.30 billion, a PE ratio of 27.34, a P/E/G ratio of 2.95 and a beta of 0.90. The firm has a 50 day moving average of $238.23 and a two-hundred day moving average of $233.94.
Garmin (NYSE:GRMN – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The scientific and technical instruments company reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.84 by $0.24. Garmin had a return on equity of 20.07% and a net margin of 23.26%.The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.72 billion. During the same quarter in the prior year, the company earned $1.61 earnings per share. The company’s revenue was up 14.0% on a year-over-year basis. Garmin has set its FY 2026 guidance at 9.350-9.350 EPS. Analysts expect that Garmin Ltd. will post 9.53 EPS for the current fiscal year.
Wall Street Analyst Weigh In A number of research firms have commented on GRMN. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Garmin in a research report on Monday, June 8th. Morgan Stanley set a $249.00 price target on shares of Garmin in a research note on Thursday, April 30th. JPMorgan Chase & Co. upped their price objective on shares of Garmin from $265.00 to $285.00 and gave the stock a “neutral” rating in a report on Thursday, April 16th. Tigress Financial increased their price objective on shares of Garmin from $320.00 to $325.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, May 20th. Finally, Wall Street Zen cut shares of Garmin from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Garmin has an average rating of “Moderate Buy” and a consensus target price of $269.40.
Check Out Our Latest Research Report on Garmin
Insider Transactions at Garmin In other news, CFO Douglas G. Boessen sold 2,000 shares of Garmin stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $237.91, for a total value of $475,820.00. Following the completion of the transaction, the chief financial officer owned 26,049 shares in the company, valued at approximately $6,197,317.59. This trade represents a 7.13% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Joseph J. Hartnett sold 643 shares of Garmin stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $263.57, for a total transaction of $169,475.51. Following the completion of the transaction, the director owned 21,277 shares of the company’s stock, valued at $5,607,978.89. This represents a 2.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 14.80% of the stock is owned by company insiders.
About Garmin (Free Report)
Garmin Ltd. is a technology company best known for designing and manufacturing navigation, communication and information devices that leverage global positioning system (GPS) technology. The company serves a diverse set of markets including consumer fitness and wearables, automotive navigation, aviation avionics, marine electronics and outdoor handheld devices. Garmin’s products combine hardware, mapping and software services to deliver location-aware solutions for personal, recreational and professional uses.
Garmin’s product lineup includes wearable fitness and multisport watches (Forerunner, Fenix, Venu), cycling computers and accessories (Edge, Varia), handheld and handheld-mounted GPS devices for outdoor activities, automotive and portable navigation units, marine chartplotters and fishfinders, and certified avionics for fixed- and rotary-wing aircraft.
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Amova Asset Management Americas Inc. increased its position in shares of CoreWeave Inc. (NASDAQ:CRWV – Free Report) by 28.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,123,843 shares of the company’s stock after acquiring an additional 247,470 shares during the period. CoreWeave comprises about 1.2% of Amova Asset Management Americas Inc.’s portfolio, making the stock its 27th biggest position. Amova Asset Management Americas Inc. owned about 0.25% of CoreWeave worth $86,997,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of CoreWeave by 275.6% in the fourth quarter. Vanguard Group Inc. now owns 27,920,979 shares of the company’s stock worth $1,999,421,000 after purchasing an additional 20,487,478 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in CoreWeave by 6,022.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,768 shares of the company’s stock worth $8,075,000 after acquiring an additional 110,926 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of CoreWeave by 8,455.6% in the 4th quarter. Legal & General Group Plc now owns 611,301 shares of the company’s stock valued at $43,775,000 after acquiring an additional 604,156 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of CoreWeave by 67.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,947 shares of the company’s stock valued at $4,794,000 after acquiring an additional 26,907 shares in the last quarter. Finally, Broad Peak Investment Advisers Pte Ltd bought a new stake in shares of CoreWeave during the 4th quarter valued at about $15,539,000.
Insider Transactions at CoreWeave In other news, major shareholder Magnetar Financial Llc sold 1,284,876 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $119.91, for a total transaction of $154,069,481.16. Following the completion of the sale, the insider directly owned 264,061 shares in the company, valued at approximately $31,663,554.51. This represents a 82.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jack D. Cogen sold 986,540 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $107.80, for a total value of $106,349,012.00. The SEC filing for this sale provides additional information. Insiders sold 19,885,161 shares of company stock worth $2,326,801,573 in the last 90 days. Corporate insiders own 24.20% of the company’s stock.
CoreWeave Trading Down 0.2% Shares of CRWV stock opened at $73.06 on Tuesday. The business has a 50-day moving average of $99.55 and a 200 day moving average of $95.33. The company has a debt-to-equity ratio of 3.68, a current ratio of 0.31 and a quick ratio of 0.31. CoreWeave Inc. has a 1-year low of $63.80 and a 1-year high of $153.20. The stock has a market capitalization of $32.70 billion, a PE ratio of -23.49 and a beta of 7.17.
CoreWeave (NASDAQ:CRWV – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($1.40) earnings per share for the quarter, missing the consensus estimate of ($1.17) by ($0.23). CoreWeave had a negative net margin of 25.57% and a negative return on equity of 43.07%. The company had revenue of $2.08 billion during the quarter. During the same period in the prior year, the firm earned ($0.60) EPS. The business’s revenue was up 111.6% on a year-over-year basis. As a group, sell-side analysts anticipate that CoreWeave Inc. will post -4.57 earnings per share for the current year.
Analysts Set New Price Targets A number of brokerages recently weighed in on CRWV. DA Davidson reaffirmed a “neutral” rating and issued a $100.00 target price (down from $175.00) on shares of CoreWeave in a research note on Monday, May 18th. Truist Financial raised their price objective on shares of CoreWeave from $85.00 to $131.00 and gave the company a “hold” rating in a research report on Friday, May 8th. Jefferies Financial Group lifted their price objective on shares of CoreWeave from $120.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Weiss Ratings upgraded shares of CoreWeave from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 24th. Finally, Barclays increased their target price on CoreWeave from $106.00 to $120.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $138.87.
View Our Latest Stock Report on CoreWeave
CoreWeave Profile (Free Report)
CoreWeave is a U.S.-based provider of GPU-accelerated cloud infrastructure designed to support compute-intensive workloads such as artificial intelligence, machine learning, visual effects rendering and other high-performance computing applications. The company supplies access to large fleets of modern GPUs and complementary infrastructure that enable customers to train and deploy large models, run inference at scale, and process graphics-heavy workloads with low latency and high throughput.
CoreWeave’s product offering includes on-demand and dedicated GPU instances, bare-metal servers, private clusters and managed services tailored for enterprise and developer use.
Featured Articles Five stocks we like better than CoreWeave The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding CRWV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoreWeave Inc. (NASDAQ:CRWV – Free Report).
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Amova Asset Management Americas Inc. reduced its stake in shares of eToro Group Ltd. (NASDAQ:ETOR – Free Report) by 4.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 456,759 shares of the company’s stock after selling 22,722 shares during the quarter. Amova Asset Management Americas Inc. owned 0.55% of eToro Group worth $13,698,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in ETOR. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of eToro Group in the fourth quarter valued at $43,136,000. Invesco Ltd. boosted its position in shares of eToro Group by 14,120.4% in the 4th quarter. Invesco Ltd. now owns 974,243 shares of the company’s stock worth $34,225,000 after buying an additional 967,392 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of eToro Group by 67.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,695,702 shares of the company’s stock worth $59,571,000 after buying an additional 683,008 shares in the last quarter. Balyasny Asset Management L.P. acquired a new stake in eToro Group in the 2nd quarter valued at about $43,397,000. Finally, Adage Capital Partners GP L.L.C. purchased a new position in eToro Group during the 2nd quarter valued at about $33,812,000.
Analyst Ratings Changes A number of equities analysts have issued reports on ETOR shares. Zacks Research cut shares of eToro Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Needham & Company LLC raised their price target on eToro Group from $58.00 to $66.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Citizens Jmp increased their price objective on eToro Group from $85.00 to $90.00 and gave the company a “market outperform” rating in a research note on Wednesday, May 13th. Wall Street Zen upgraded eToro Group from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of eToro Group from $35.00 to $38.00 and gave the company a “market perform” rating in a research note on Wednesday, May 13th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $55.80.
Get Our Latest Stock Report on eToro Group
Insider Buying and Selling In other news, Director Shalev Eddy sold 100,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $41.26, for a total transaction of $4,126,000.00. Following the completion of the sale, the director directly owned 296,779 shares of the company’s stock, valued at $12,245,101.54. The trade was a 25.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Hedva Ber sold 55,160 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $41.90, for a total value of $2,311,204.00. Following the sale, the chief executive officer owned 20,660 shares of the company’s stock, valued at approximately $865,654. The trade was a 72.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
eToro Group Trading Up 1.9% Shares of ETOR opened at $36.68 on Tuesday. The stock has a fifty day moving average of $39.35 and a two-hundred day moving average of $34.59. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.92 and a current ratio of 3.92. The company has a market capitalization of $3.04 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 0.78 and a beta of 1.64. eToro Group Ltd. has a fifty-two week low of $24.74 and a fifty-two week high of $65.95.
eToro Group (NASDAQ:ETOR – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.21. The firm had revenue of $2.44 billion for the quarter. eToro Group had a return on equity of 19.79% and a net margin of 1.90%.The business’s quarterly revenue was down 35.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.69 earnings per share. As a group, analysts forecast that eToro Group Ltd. will post 2.79 EPS for the current year.
eToro Group Company Profile (Free Report)
eToro Group Ltd. (NASDAQ: ETOR) is a global multi-asset brokerage company known for its social trading platform. The company enables individual and institutional investors to trade and invest in a broad range of financial instruments, including stocks, exchange-traded funds (ETFs), commodities, indices, forex, and cryptocurrencies. eToro’s platform integrates a user-friendly interface with advanced trading tools, catering to both novice and experienced market participants.
A distinguishing feature of eToro’s offering is its CopyTrader™ functionality, which allows users to replicate the trades of selected investors on the platform.
Read More Five stocks we like better than eToro Group The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding ETOR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for eToro Group Ltd. (NASDAQ:ETOR – Free Report).
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Leading cryptocurrency analyst Ali Martinez anticipated on Monday a “decisive breakout” for XRP (CRYPTO: XRP) if the token successfully surpasses a key resistance level.
Where Is XRP Headed?Martinez posted an animated video showing XRP’s consolidation inside a symmetrical triangle on the hourly timeframe
XRP has been consolidating around the $1.09–$1.11 range throughout July. The video suggested that a breach of $1.13 could open the door for a potential rally toward $1.30.
“A decisive breakout above it could confirm the bullish breakout and open the door for further upside,” Matinez added.
Notably, Martinez flagged a “Buy” signal for XRP last week, around $1.109. Since then, the token is up 3.3%.
The Signals That MatterThe Moving Average Convergence Divergence indicator, which compares two exponential moving averages of an asset’s price, also flashed a "Buy" reading for XRP, according to TradingView.
The Bull Bear Power indicator, which measures the strength of buyers and sellers, remained “Neutral,” and so did the Relative Strength Index, which hovered just above 50.
Meanwhile, open interest in XRP futures has risen by over 6% in a week, according to Coinglass, indicating high speculative interest. This, complemented by a 5.58% increase in spot price over the same period, validated the bullish trend.
Smart money sentiment, which refers to the collective outlook and capital allocation of institutional investors, turned “bullish.”
Price Action: At the time of writing, XRP was exchanging hands at $1.13, up 3.72% in the last 24 hours, according to data from Benzinga Pro.
Photo Courtesy: Mehaniq on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Allspring Global Investments Holdings LLC bought a new stake in Circle Internet Group, Inc. (NYSE:CRCL – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 239,821 shares of the company’s stock, valued at approximately $21,761,000. Allspring Global Investments Holdings LLC owned 0.10% of Circle Internet Group at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC acquired a new stake in Circle Internet Group during the 2nd quarter valued at approximately $27,000. Larson Financial Group LLC lifted its position in Circle Internet Group by 3,800.0% during the third quarter. Larson Financial Group LLC now owns 195 shares of the company’s stock valued at $26,000 after purchasing an additional 190 shares during the period. Harbour Investments Inc. lifted its position in Circle Internet Group by 170.0% during the fourth quarter. Harbour Investments Inc. now owns 378 shares of the company’s stock valued at $30,000 after purchasing an additional 238 shares during the period. National Bank of Canada FI purchased a new stake in Circle Internet Group in the third quarter valued at $37,000. Finally, Federation des caisses Desjardins du Quebec boosted its holdings in Circle Internet Group by 5.4% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 5,391 shares of the company’s stock valued at $428,000 after purchasing an additional 278 shares during the last quarter.
Circle Internet Group Trading Up 8.1% Shares of CRCL stock opened at $65.34 on Tuesday. Circle Internet Group, Inc. has a 12-month low of $49.90 and a 12-month high of $231.88. The business’s 50 day moving average is $85.44 and its two-hundred day moving average is $87.76. The company has a market capitalization of $16.24 billion and a P/E ratio of -20.42.
Circle Internet Group (NYSE:CRCL – Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.06). Circle Internet Group had a negative net margin of 2.76% and a positive return on equity of 2.89%. The business had revenue of $694.13 million during the quarter. Circle Internet Group’s revenue was up 20.0% compared to the same quarter last year. On average, research analysts predict that Circle Internet Group, Inc. will post 0.98 earnings per share for the current fiscal year.
Analyst Ratings Changes CRCL has been the subject of a number of recent research reports. Freedom Capital upgraded Circle Internet Group to a “hold” rating in a research note on Tuesday, April 21st. Wall Street Zen downgraded Circle Internet Group from a “hold” rating to a “sell” rating in a research note on Saturday, April 11th. Compass Point set a $62.00 target price on Circle Internet Group in a report on Wednesday, July 15th. Wells Fargo & Company lifted their price target on Circle Internet Group from $111.00 to $142.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Finally, Needham & Company LLC upped their price objective on Circle Internet Group from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Circle Internet Group has an average rating of “Hold” and an average price target of $113.25.
Check Out Our Latest Stock Analysis on Circle Internet Group
Insider Transactions at Circle Internet Group In other news, Director Patrick Sean Neville sold 1,034,396 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $82.87, for a total value of $85,720,396.52. Following the transaction, the director owned 2,018 shares in the company, valued at $167,231.66. This trade represents a 99.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Hossein Razzaghi sold 34,623 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $78.85, for a total value of $2,730,023.55. Following the completion of the transaction, the insider owned 666,404 shares in the company, valued at approximately $52,545,955.40. This trade represents a 4.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,956,527 shares of company stock worth $155,711,921 in the last three months. 10.85% of the stock is owned by corporate insiders.
Circle Internet Group Company Profile (Free Report)
Circle Internet Group (NYSE: CRCL) is a financial technology company that builds infrastructure to enable businesses and developers to use and move money on public blockchains. Co-founded by Jeremy Allaire and Sean Neville, the company is best known as a principal issuer and steward of USDC, a dollar-pegged stablecoin developed through the CENTRE Consortium, which Circle co-founded with Coinbase. Jeremy Allaire serves as CEO and has been a visible leader in the company’s strategy and public engagement around digital currency and payments innovation.
Circle’s core products and services center on digital currency issuance and programmable payments.
Read More Five stocks we like better than Circle Internet Group The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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Allspring Global Investments Holdings LLC increased its holdings in Brinker International, Inc. (NYSE:EAT – Free Report) by 78.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 143,484 shares of the restaurant operator’s stock after purchasing an additional 62,878 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.33% of Brinker International worth $20,568,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd purchased a new stake in Brinker International during the third quarter valued at approximately $25,000. Transamerica Financial Advisors LLC boosted its holdings in shares of Brinker International by 570.4% in the 4th quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after purchasing an additional 154 shares during the period. Allworth Financial LP increased its position in shares of Brinker International by 58.5% during the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 83 shares during the last quarter. Salomon & Ludwin LLC raised its holdings in Brinker International by 45.1% during the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after buying an additional 93 shares during the period. Finally, First Horizon Corp raised its holdings in Brinker International by 116.0% during the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock valued at $48,000 after buying an additional 181 shares during the period.
Analyst Upgrades and Downgrades Several research firms have commented on EAT. Wells Fargo & Company lifted their price objective on shares of Brinker International from $200.00 to $220.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. KeyCorp increased their target price on shares of Brinker International from $177.00 to $204.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Zacks Research lowered shares of Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. TD Cowen lifted their price target on shares of Brinker International from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Citigroup cut their price target on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Brinker International currently has a consensus rating of “Moderate Buy” and an average target price of $191.20.
Check Out Our Latest Stock Report on EAT
Brinker International Stock Performance Shares of NYSE:EAT opened at $195.46 on Tuesday. The firm’s 50 day simple moving average is $157.57 and its 200-day simple moving average is $153.28. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40. Brinker International, Inc. has a one year low of $100.30 and a one year high of $196.39. The firm has a market cap of $8.38 billion, a PE ratio of 19.16, a price-to-earnings-growth ratio of 1.17 and a beta of 1.24.
Brinker International (NYSE:EAT – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.05. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the previous year, the business earned $2.66 earnings per share. Brinker International’s quarterly revenue was up 3.2% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, equities analysts predict that Brinker International, Inc. will post 10.75 EPS for the current year.
Brinker International Company Profile (Free Report)
Brinker International, Inc (NYSE: EAT) is a leading global operator of casual dining restaurants. The company’s portfolio is anchored by its flagship Chili’s® Grill & Bar concept and Maggiano’s® Little Italy full‐service restaurants, offering a range of American‐style menu items, handcrafted cocktails and family‐friendly dining experiences. Through dine‐in, takeout, delivery and catering services, Brinker seeks to meet consumer preferences across multiple channels.
The Chili’s brand features signature items such as baby back ribs, burgers and fajitas alongside a rotating selection of limited‐time offerings and seasonal beverages.
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Amova Asset Management Americas Inc. increased its stake in Figma, Inc. (NYSE:FIG – Free Report) by 641.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,467,887 shares of the company’s stock after acquiring an additional 1,269,900 shares during the quarter. Amova Asset Management Americas Inc. owned approximately 0.33% of Figma worth $31,031,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently modified their holdings of the company. Parallel Advisors LLC lifted its holdings in shares of Figma by 3,890.0% during the first quarter. Parallel Advisors LLC now owns 1,197 shares of the company’s stock valued at $25,000 after purchasing an additional 1,167 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in Figma during the 3rd quarter worth about $26,000. DV Equities LLC acquired a new stake in Figma during the 4th quarter worth about $26,000. Concord Wealth Partners lifted its stake in Figma by 1,446.8% during the fourth quarter. Concord Wealth Partners now owns 727 shares of the company’s stock valued at $27,000 after buying an additional 680 shares in the last quarter. Finally, Harbour Investments Inc. boosted its holdings in shares of Figma by 1,568.2% in the fourth quarter. Harbour Investments Inc. now owns 734 shares of the company’s stock worth $27,000 after buying an additional 690 shares during the period.
Figma Trading Up 0.5% FIG opened at $24.06 on Tuesday. The stock has a fifty day moving average price of $21.28 and a 200 day moving average price of $23.85. Figma, Inc. has a 1 year low of $16.60 and a 1 year high of $142.92. The stock has a market cap of $10.72 billion and a price-to-earnings ratio of -7.02.
Figma (NYSE:FIG – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.27. The company had revenue of $333.44 million for the quarter. Figma had a negative return on equity of 98.51% and a negative net margin of 123.83%.The firm’s quarterly revenue was up 46.1% on a year-over-year basis. As a group, sell-side analysts forecast that Figma, Inc. will post -0.79 earnings per share for the current fiscal year.
Insider Transactions at Figma In other Figma news, CFO Praveer Melwani sold 30,460 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $20.48, for a total value of $623,820.80. Following the completion of the sale, the chief financial officer directly owned 1,711,526 shares of the company’s stock, valued at $35,052,052.48. The trade was a 1.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Dylan Field sold 174,430 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $25.02, for a total transaction of $4,364,238.60. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 733,309 shares of company stock valued at $17,824,756. Insiders own 32.26% of the company’s stock.
Analysts Set New Price Targets A number of equities research analysts have recently issued reports on FIG shares. Wells Fargo & Company cut their price target on shares of Figma from $42.00 to $36.00 and set an “overweight” rating on the stock in a report on Friday, June 26th. Piper Sandler reissued an “overweight” rating and set a $30.00 target price on shares of Figma in a research note on Thursday, June 25th. Stifel Nicolaus set a $25.00 target price on Figma in a report on Friday, May 15th. BTIG Research began coverage on Figma in a research note on Monday, April 13th. They issued a “neutral” rating for the company. Finally, Oppenheimer restated a “market perform” rating on shares of Figma in a report on Thursday, June 25th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $32.67.
Read Our Latest Stock Report on Figma
Figma Profile (Free Report)
Figma is a San Francisco–based software company that offers a web-based platform for interface design, prototyping and collaboration. Its flagship product, Figma, enables teams to create and refine user interfaces, vector graphics and design systems directly in a browser, eliminating the need for local installations. The platform’s real-time collaboration features allow multiple stakeholders—designers, developers and product managers—to edit and comment simultaneously, streamlining workflows and reducing version control issues.
In addition to its core design tool, Figma provides FigJam, a digital whiteboarding solution that facilitates brainstorming sessions, wireframing and diagramming.
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AUD/USD has broken to its highest level in four weeks, but the rally still lacks a convincing domestic foundation. The Australian Dollar has benefited from a favorable global backdrop as risk appetite improved across Asia, the Dollar weakened broadly, and copper prices surged on worsening supply disruptions in Chile. Additional support came from New Zealand, where stronger-than-expected inflation data lifted the Kiwi and added momentum to antipodean currencies more generally.
Those tailwinds, however, are largely external. Whether the Aussie can extend its gains will depend far more on Australia’s labor market report due on Thursday. Employment has shown little net progress over the past two months, following a -40.7k decline in April and a 40.3k rebound in May, raising questions about whether tighter monetary policy, higher energy prices and geopolitical uncertainty are beginning to cool hiring. Consensus forecasts call for employment to rise by 15k in June while the unemployment rate is expected to remain at 4.4%.
The labor market data could also prove decisive for interest rate expectations. Investors currently see only about a one-in-five chance that the Reserve Bank of Australia will deliver a fourth rate hike this year in August. That leaves employment data with considerable scope to shift market pricing.
A disappointing report would strengthen the case that policy tightening is gaining traction and further reduce expectations for an August increase. On the other hand, another solid employment gain would reinforce the resilience of the economy and reopen the debate over additional tightening.
Technically, AUD/USD’s breach of 0.7020 temporary top suggests that rebound from 0.6864 is resuming. Firm break of 38.2% retracement of 0.7277 to 0.6864 at 0.7022 will argue that whole decline form 0.7277 has already completed, and pave the way to 61.8% retracement at 0.7119 and possibly above.
However, rejection by 0.7022, followed by break of 0.6964 support will argue that the rebound has completed as a correction. And in this case, fall from 0.7277 could be ready to resume through 0.6864 low.
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.
Přestože konflikt mezi USA a Íránem dál narušuje dopravu v Hormuzském průlivu a na trhu přetrvávají obavy o dodávky ropy, investoři zatím nevidí důvod k další eskalaci cen energií.
Článek se odemkne 21.07.2026 12:15
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Apple will report its Q3 on Thursday, July 30. Ahead of the release, shares are trading at new highs and at a forward multiple of just under 40x earnings. The company also just regained its throne as the world's largest from Nvidia.
SummaryMeta Platforms is expanding into cloud hosting, leveraging underutilized GPU capacity as rental rates surge, reinforcing its enterprise AI ambitions.This pivot supports a vertically integrated AI stack, targeting agentic AI adoption and potentially enhancing operating margins as soon as eFY27.Cloud hosting could add $0.75/share to eFY27 EPS; META’s net cash position and discounted valuation support shareholder value.I reiterate a Strong Buy rating on META, with a $1,011/share price target at 17.13x eFY27 EV/EBITDA, citing margin-accretive growth potential. 1971yes/iStock via Getty Images
Meta Platforms (META) has announced plans to expand its operations into cloud hosting services, capitalizing on underutilized compute capacity as GPU rental rates rise. While this may be viewed as a drastic shift away from Meta’s
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
In the United States, Google’s (now Alphabet) Debug initiative has asked the federal government for permission to release up to 32 million sterilised male mosquitoes in California and Florida.
Male mosquitoes don’t bite or carry disease. The hope is these millions of male mosquitoes will mate with disease-carrying females, the eggs won’t hatch and mosquito numbers will fall.
Unsurprisingly, the US public has questions about the plan, including whether the release is safe and will work at scale, and what happens afterwards. Google/Alphabet’s plan is to release more than 16 million mozzies each year, for two years.
More than a decade ago, I led a project with Google’s life sciences division, (now known as Verily), to test a novel mosquito-control strategy in far north Queensland.
The results showed releasing specially bred male mosquitoes can dramatically suppress populations of the exotic, invasive mosquito species Aedes aegypti. This species is responsible for spreading deadly diseases such as dengue, Zika, chikungunya and yellow fever. Given the US is seriously considering this approach, our Australian experience offers important lessons.
Using mosquitoes against themselvesThis story begins in 2015, when we travelled to Silicon Valley to meet Verily scientists interested in developing a mosquito suppression technology. Their goals aligned closely with our own research, supported by an Australian National Health and Medical Research Council grant, to develop environmentally friendly tools for suppressing invasive mosquitoes.
The strategy focuses on male mosquitoes because they don’t bite, and female Aedes aegypti, which generally only mate once during their lifetime. If that mating event was incompatible – meaning the embryos don’t develop – it could not produce viable offspring. Our challenge was to make mating ineffective.
The approach we ultimately tested relied on wolbachia, a naturally occurring bacterium found in many insects. Some wolbachia strains create a form of reproductive incompatibility, as described above.
The theory is simple: release enough wolbachia-carrying males into a population and, over time, the population declines. The released males are also beautifully evolved to search and find the last females – their large bushy antennae are super-radars for this job.
North Queensland the perfect laboratoryThe Cassowary Coast in north Queensland provided ideal conditions for a large-scale trial of this approach. The region contained towns with abundant Aedes aegypti populations, while surrounding agricultural areas limited movement between communities. Equally important was the support of residents, local government and First Nations leaders.
Aedes aegypti likely arrived in Queensland in the late 1800s. It is distinct from our native mosquitoes because it is highly domesticated and feeds mainly on humans.
Before a single mosquito was released, the project team spent two years conducting field surveys and engaging with communities. We met with households, community organisations, First Nations leaders and local councils to discuss the technology and answer questions. The project, known as “Debug Innisfail”, ultimately received regulatory approval from multiple authorities.
Releasing three million male mosquitoesField surveys began in 2015, involving a collaborative team spanning Australian and US institutions. During a 20-week release period in 2018, around three million wolbachia-carrying male mosquitoes were released into three treatment towns. Meanwhile, control towns where no mosquitoes were released were monitored.
The release system itself reflected Verily’s engineering strengths. The company developed bespoke technologies, including machine-learning-based systems capable of separating male and female mosquitoes, crucial to ensuring only males were released.
The results were striking: when compared with control towns, mosquito populations in towns where mosquitoes were released began declining within four weeks. The findings, published in 2021, demonstrated incompatible male mosquito releases could achieve strong suppression.
In two treatment towns, suppression effects persisted into the following year. In one town, monitoring detected only a handful of Aedes aegypti 12 months later, corresponding to roughly 95% suppression.
A blood-fed strain of Aedes aegypti mosquito in a research lab in the US. Photograph: Jeff Miller/APWhat this means for the USThe Australian trials provide evidence-based answers to many of the concerns now being raised in the US.
First, ecological impacts are likely to be very small. Aedes aegypti is an invasive species in Australia and many other countries. Because it exclusively lives around humans and bites them, removing it from urban environments has minimal ecological consequences.
Second, the approach can work at scale. Although adult mosquitoes survive for only a few days, continuous releases of highly competitive males can substantially reduce populations across entire towns.
Third, benefits may persist after releases finish. This is because the suppression outcome does not necessarily disappear straight away, and can carry over into subsequent seasons. But that doesn’t mean mosquito biology can be ignored – success depends on factors such as local ecology, mosquito movement patterns and community participation. The technology alone is not enough.
A model for future mosquito controlPerhaps the most important lesson from the trials is the value of collaboration. This project brought together researchers from six universities and Verily. Combining scientific expertise with industrial-scale engineering accelerated the journey from laboratory concept to real-world field trial in an incredibly short time.
We are still working towards biological and mechanical approaches to efficiently separating male mosquitoes, which would have better utility in developing countries.
As Aedes aegypti expands its range and insecticides fail to suppress it, using the mosquito against itself as the biological control tool will become increasingly important.
The Queensland trials helped lay the groundwork for programs now under way in the US. And they are a reminder that when science, technology and communities work together, it is possible to solve problems that matter.
Boeing and Airbus are starting to map out the next generation of narrow-body aircraft, but the world's two dominant planemakers say their airline customers are more concerned with getting today's jets delivered than pressing for all-new models.
Boeing CEO Kelly Ortberg said Monday that the company still needs "a couple more years" to put its finances in a position to support a new commercial aircraft program.
Airbus CEO Guillaume Faury, meanwhile, said the European manufacturer is targeting the launch of a next-generation single-aisle program around 2030, with entry into service in the second half of the following decade.
While the two CEOs struck different tones, they pointed to broadly similar timeframes.
Airbus has publicly attached a target year to launch its next aircraft. Boeing is indicating that it could be financially capable of moving on a similar horizon, while preserving the option to wait if the technology or market case is not strong enough.
"We think about three things that have to happen," Ortberg told CNBC's Phil LeBeau. "First of all, we have to be ready, and part of that is getting our financial house in order, and we're working on that. It's going to take a couple more years to get where we want to be."
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The technology also has to be ready, he said, and airline customers must be ready to move on from Boeing's current product line.
"The market's got to be ready. Right now, the customers are telling me, 'focus on your existing product line, we really want to see better maturity of the existing product line before we move to a new airplane.'"
It comes as aircraft manufacturers experience persistent production bottlenecks across the industry. Boeing is trying to increase 737 Max output and is still reeling from a series of production and quality issues and a near-catastrophic blowout of a fuselage door plug in January 2024.
Airbus has said engine availability, particularly from Pratt & Whitney, forced it to adjust production plans for this year and next, although Faury said the situation had stabilized.
Faury said Airbus is focused on ramping production and delivering aircraft already on order even as it prepares its next generation of commercial aircraft.
"We're a long-term industry," Faury said. "It takes time to prepare the technologies, to launch a program for the product, for the production system, [to] enter into service with the certification, do the ramp up."
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Faury said Airbus is preparing its next-generation single-aisle aircraft and wants to maintain its lead in that market. The company is targeting a program launch around 2030 and entry into service in the second half of the 2030s.
For both manufacturers, however, increasing production and delivering existing orders remain the more immediate tasks.
Aircraft deliveries in focusRBC Capital Markets analysts said last week that investors are focused on Boeing's ability to increase production of the 737 Max and 787, complete certification of the Max 7 and Max 10, improve margins, and generate cash.
"The primary focus for investors will remain on the state of the supply chain and delivery schedules," the analysts wrote in a note to clients.
The same appears to be true for Airbus. RBC said investors were looking for a clearer path to Airbus's A320 and A350 production goals after the company's stronger second-quarter deliveries boosted confidence in its full-year target.
Airbus has a backlog of over 9,000 aircraft, and demand continues to outpace available supply. Airbus booked 51 A320neo orders in June, while second-quarter delivery growth was driven almost entirely by the A320 family, according to Jefferies analysts.
Jefferies said Airbus's growing delivery volume of A320-family aircraft – 190 in the second quarter – is expected to drive a significant improvement in earnings. Airbus reports deliveries on a monthly basis and will publish its quarterly earnings report next week.
At Boeing, the focus remains on completing the current 737 Max family.
Jefferies said on Sunday that certification work on the 737 Max-7 and Max-10 was 95% and 98% complete, respectively. The Max-10 had 1,533 aircraft on order, accounting for roughly a third of Boeing's 737 backlog.
Ortberg said on Monday that the 737 Max-7 certification with the FAA is expected "very shortly" and would mark a critical milestone, as it would be the first new airplane the FAA has certified in a long time.
Boeing has also invested about $1 billion in a fourth 737 Max production line in Everett, Washington, which will eventually allow the company to raise production beyond the capacity of its three existing Renton lines.
That suggests investors and airline customers are broadly aligned: both want the manufacturers to execute on the aircraft already promised.
While both Boeing and Airbus work through large order backlogs and production constraints, airlines continue to add capacity using existing aircraft models.
Ryanair, Boeing's largest customer outside of the U.S., Chief Financial Officer Neil Sorahan said Monday that the delivery of the last aircraft in its current order of Boeing 737 Max 8-200 jets helped Ryanair expand its fleet to just under 650 aircraft and grow first-quarter traffic by 6%.
The airline expects passenger numbers to grow about 4% this year to 216 million, Sorahan told CNBC's "Squawk Box."
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While neither manufacturer appears to be under intense pressure from customers to move faster, work on the next-generation aircraft continues.
The eventual successors to Boeing's 737 Max and Airbus' A320neo families may shape competition in the industry's largest commercial aircraft market for decades. But before Boeing and Airbus compete over tomorrow's narrow-body aircraft, both still have to deliver on today's orders.
Emirates expects Boeing's 777-9 aircraft to be delivered in the second quarter of next year, the airline's President Tim Clark told journalists on Tuesday, as the delayed widebody jet moves closer to certification.
All-Boeing freighter operator will add five 777-8 Freighters to its 777 Freighter fleet MSC Air Cargo seeks to capitalize on resilient air cargo demand with newest generation widebody freighters , /PRNewswire/ -- Boeing [NYSE: BA] and MSC Air Cargo today announced that the fast-growing air cargo operator has purchased five 777-8 Freighters.
The previously unidentified order is MSC Air Cargo's first for the 777-8 Freighter. The 777-8 Freighter will be the industry's most capable twin-engine freighter, incorporating advanced technologies as a member of the 777X family and customer-preferred features from the current generation 777 Freighter.
Boeing and MSC Air Cargo announced that the fast-growing air cargo operator has purchased five 777-8 Freighters. The previously unidentified order is MSC Air Cargo’s first for the 777-8 Freighter. "With this order, we are investing in the long-term future of MSC Air Cargo and in the customers we serve," said Jannie Davel, CEO of MSC Air Cargo. "The 777-8 Freighter gives us the efficiency, range and capacity to serve our customers reliably for years to come, while advancing our commitment to more sustainable operations. It is the right aircraft for the next stage of our growth."
The 777-8 Freighter offers the highest payload and the lowest fuel use, emissions and operating cost per tonne of any large freighter. Widebody freighters fly approximately 75 percent of global air cargo capacity. The air freight sector is expected to play a crucial role in the decades ahead as e-commerce continues to grow.
"MSC Air Cargo is investing in its future with this order for large widebody freighter aircraft that will further enhance the capability and reach of its global air network," said Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing. "The 777-8 Freighter will be the most efficient aircraft in its class and will connect MSC Air Cargo's hubs to key international markets."
Boeing has booked more than 80 orders for the 777-8 Freighter and MSC Air Cargo is the third Europe-based air cargo operator to order the airplane.
About MSC Air Cargo
MSC Air Cargo is a subsidiary of MSC Group, a global leader in transportation and logistics. Committed to delivering innovative and tailored airfreight solutions, MSC Air Cargo operates a modern fleet of Boeing 777-200 Freighters, serving key markets and destinations across Europe, the Americas, and Asia. With a focus on customer satisfaction and operational excellence, MSC Air Cargo is dedicated to shaping the future of air cargo logistics. For more information, visit mscaircargo.com
About Boeing
A leading global aerospace company and top U.S. exporter, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. Our U.S. and global workforce and supplier base drive innovation, economic opportunity, sustainability and community impact. Boeing is committed to fostering a culture based on our core values of safety, quality and integrity.
Nvidia’s disclosed 9.3% stake in Nebius shows how the chipmaker is trying to shape the global artificial-intelligence ecosystem beyond selling processors.
A Schedule 13G lists 22,256,412 Nebius Class A shares. The position is not a surprise acquisition. It reflects the $2 billion investment announced on March 11, when Nvidia backed the AI-cloud operator’s data-centre expansion.
The disclosure highlights a strategic loop.
Nvidia powers Nebius’s cloud, while its investment gives the chipmaker exposure to the customer’s future growth.
Nvidia directly holds 1,190,476 Nebius shares and may obtain another 21,065,936 through a pre-funded warrant acquired in March.
The warrant and underlying shares are locked until September 11.
However, because it became exercisable within 60 days of July 13, securities rules required Nvidia to count the warrant shares as beneficially owned.
That raised the reported holding to 9.3%, from an estimated 8.3% in March.
Nvidia agreed to invest $2 billion at an effective price of $94.94 per share. Nebius said the proceeds would support its AI cloud and new data centres.
The Schedule 13G is a passive ownership filing, not evidence that Nvidia is preparing a takeover.
Nebius specialises in cloud infrastructure for companies training and running AI models.
Unlike diversified providers such as Amazon, Microsoft and Google, neoclouds concentrate on graphics-processor-intensive workloads.
The company plans to deploy more than five gigawatts of computing capacity by the end of 2030.
That should require substantial quantities of Nvidia processors, networking products and software, making Nebius both an investment and an important customer.
D.A. Davidson technology research head Gil Luria told Reuters in May that the greatest leverage was in “AI clouds and, specifically, Nebius”.
Luria was discussing another investor’s stake, but his assessment captures Nvidia’s logic.
He maintained a Neutral rating, warning that Nebius’s valuation could restrict near-term gains without additional catalysts.
AI start-up Reflection signed a computing agreement worth more than $1 billion with Nebius in July, including access to Nvidia’s latest chips.
Northland this week raised its Nebius target to $410 from $248 and retained an Outperform rating.
The firm said Nebius’s first secured financing backed by deployed GPU infrastructure was “answering a key lingering doubt” about funding expansion without repeated share issuance.
Also read- Apple stock: has Wall Street found its post-Nvidia AI trade?
The bullish interpretation is that Nvidia is using its balance sheet to expand the market for its technology.
Financing specialised cloud providers can create more computing capacity, accelerate new systems and reduce reliance on a few hyperscalers.
The concern is that Nvidia is funding businesses that may return part of that capital through chip purchases.
Critics argue such arrangements blur the line between independent demand and vendor-supported expansion.
Nebius also brings indirect exposure to construction costs, power availability and capital-intensive customers.
BofA analyst Vivek Arya called broader concerns about AI financing “highly overstated.”
He estimated circular arrangements would represent only 5% to 10% of roughly $5 trillion in AI spending expected through 2030.
TORONTO, July 21, 2026 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the July 2026 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly basis. Unitholders of record of the applicable iShares ETF on July 28, 2026 will receive cash distributions payable in respect of that iShares ETF on July 31, 2026.
Details regarding the “per unit” distribution amounts are as follows:
Fund NameFund TickerCash Distribution Per UnitiShares 1-10 Year Laddered Corporate Bond Index ETFCBH$0.052
iShares 1-5 Year Laddered Corporate Bond Index ETFCBO$0.054iShares S&P/TSX Canadian Dividend Aristocrats Index ETFCDZ$0.114iShares Equal Weight Banc & Lifeco ETFCEW$0.066iShares 1-5 Year Laddered Government Bond Index ETFCLF$0.035iShares 1-10 Year Laddered Government Bond Index ETFCLG$0.039iShares S&P/TSX Canadian Preferred Share Index ETFCPD$0.059iShares US Dividend Growers Index ETF (CAD-Hedged)CUD$0.096iShares Convertible Bond Index ETFCVD$0.076iShares Global Monthly Dividend Index ETF (CAD-Hedged)CYH$0.076iShares Canadian Financial Monthly Income ETFFIE$0.040iShares U.S. Aggregate Bond Index ETFXAGG$0.119iShares U.S. Aggregate Bond Index ETF(1)XAGG.U$0.085iShares U.S. Aggregate Bond Index ETF (CAD-Hedged)XAGH$0.120iShares Core Canadian Universe Bond Index ETFXBB$0.081iShares Core Canadian Corporate Bond Index ETFXCB$0.070iShares ESG Advanced Canadian Corporate Bond Index ETFXCBG$0.127iShares U.S. IG Corporate Bond Index ETFXCBU$0.124iShares U.S. IG Corporate Bond Index ETF(1)XCBU.U$0.088iShares Core MSCI Global Quality Dividend Index ETFXDG$0.075iShares Core MSCI Global Quality Dividend Index ETF(1)XDG.U$0.053iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)XDGH$0.059iShares Core MSCI Canadian Quality Dividend Index ETFXDIV$0.120iShares Core MSCI US Quality Dividend Index ETFXDU$0.150iShares Core MSCI US Quality Dividend Index ETF(1)XDU.U$0.107iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)XDUH$0.055iShares Canadian Select Dividend Index ETFXDV$0.124iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged)XEB$0.059iShares S&P/TSX Composite High Dividend Index ETFXEI$0.114iShares Core Canadian 15+ Year Federal Bond Index ETFXFLB$0.116iShares Flexible Monthly Income ETFXFLI$0.189iShares Flexible Monthly Income ETF(1)XFLI.U$0.134iShares Flexible Monthly Income ETF (CAD-Hedged)XFLX$0.174iShares S&P/TSX Capped Financials Index ETFXFN$0.153iShares Floating Rate Index ETFXFR$0.045iShares Core Canadian Government Bond Index ETFXGB$0.051iShares Global Government Bond Index ETF (CAD-Hedged)XGGB$0.043iShares Canadian HYBrid Corporate Bond Index ETFXHB$0.076iShares U.S. High Dividend Equity Index ETF (CAD-Hedged)XHD$0.074iShares U.S. High Dividend Equity Index ETFXHU$0.072iShares U.S. High Yield Bond Index ETF (CAD-Hedged)XHY$0.082iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged)XIG$0.073iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged)XIGS$0.128iShares Core Canadian Long Term Bond Index ETFXLB$0.062iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged)XPF$0.066iShares High Quality Canadian Bond Index ETFXQB$0.055iShares S&P/TSX Capped REIT Index ETFXRE$0.057iShares ESG Aware Canadian Aggregate Bond Index ETFXSAB$0.050iShares Core Canadian Short Term Bond Index ETFXSB$0.068iShares Conservative Short Term Strategic Fixed Income ETFXSC$0.052iShares Conservative Strategic Fixed Income ETFXSE$0.053iShares Core Canadian Short Term Corporate Bond Index ETFXSH$0.063iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETFXSHG$0.124iShares 1-5 Year U.S. IG Corporate Bond Index ETFXSHU$0.154iShares 1-5 Year U.S. IG Corporate Bond Index ETF(1)XSHU.U$0.109iShares Short Term Strategic Fixed Income ETFXSI$0.057iShares Core Canadian 1-10 Year Bond Index ETFXSMB$0.103iShares ESG Aware Canadian Short Term Bond Index ETFXSTB$0.046iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)XSTH$0.346iShares 0-5 Year TIPS Bond Index ETFXSTP$0.404iShares 0-5 Year TIPS Bond Index ETF(1)XSTP.U$0.287iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged)XTLH$0.122iShares 20+ Year U.S. Treasury Bond Index ETFXTLT$0.135iShares 20+ Year U.S. Treasury Bond Index ETF(1)XTLT.U$0.096iShares Diversified Monthly Income ETFXTR$0.040iShares S&P/TSX Capped Utilities Index ETFXUT$0.091 (1) Distribution per unit amounts are in U.S. dollars for XAGG.U, XCBU.U, XDG.U, XDU.U, XFLI.U, XSHU.U, XSTP.U and XTLT.U.
Estimated July Cash Distributions for the iShares Premium Money Market ETF
The July cash distributions per unit for the iShares Premium Money Market ETF are estimated to be as follows:
Fund NameFund TickerEstimated Cash Distribution Per UnitiShares Premium Money Market ETFCMR$0.105
BlackRock Canada expects to issue a press release on or about July 27, 2026, which will provide the final amounts for the iShares Premium Money Market ETF.
Further information on the iShares ETFs can be found at http://www.blackrock.com/ca.
About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.
About iShares ETFs
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of more than 1,700 exchange traded funds (ETFs) and approximately $6.2 trillion in assets under management as of June 30, 2026, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.
iShares® ETFs are managed by BlackRock Canada.
Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs. Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.
Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”). Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). TSX is a registered trademark of TSX Inc. (“TSX”). All of the foregoing trademarks have been licensed to S&P Dow Jones Indices LLC and sublicensed for certain purposes to BlackRock Fund Advisors (“BFA”), which in turn has sub-licensed these marks to its affiliate, BlackRock Asset Management Canada Limited (“BlackRock Canada”), on behalf of the applicable fund(s). The index is a product of S&P Dow Jones Indices LLC, and has been licensed for use by BFA and by extension, BlackRock Canada and the applicable fund(s). The funds are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, any of their respective affiliates (collectively known as “S&P Dow Jones Indices”) or TSX, or any of their respective affiliates. Neither S&P Dow Jones Indices nor TSX make any representations regarding the advisability of investing in such funds.
MSCI is a trademark of MSCI, Inc. (“MSCI”). The ETF is permitted to use the MSCI mark pursuant to a license agreement between MSCI and BlackRock Institutional Trust Company, N.A., relating to, among other things, the license granted to BlackRock Institutional Trust Company, N.A. to use the Index. BlackRock Institutional Trust Company, N.A. has sublicensed the use of this trademark to BlackRock. The ETF is not sponsored, endorsed, sold or promoted by MSCI and MSCI makes no representation, condition or warranty regarding the advisability of investing in the ETF.
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Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.