Frank Slootman, a director at Snowflake Inc . (NYSE:), recently sold 6,714 shares of the company’s Class A common stock. The transaction, which took place on December 17, involved shares sold at a price of $171 each, amounting to a total of approximately $1.15 million. This sale was conducted under a 10b5-1 trading plan established earlier this year. The company, currently valued at $53.87 billion, has shown strong momentum with a 33.86% price return over the past six months. According to InvestingPro analysis, the stock is trading near its Fair Value, with 33 analysts recently revising their earnings expectations upward.…
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New York, New York–(Newsfile Corp. – December 18, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of DMC Global Inc. (NASDAQ: NASDAQ:) between May 3, 2024 and November 4, 2024, both dates inclusive (the “Class Period”), of the important February 4, 2025 lead plaintiff deadline. SO WHAT: If you purchased DMC Global securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the DMC Global class action, go to https://rosenlegal.com/submit-form/?case_id=32173…
SolarEdge Poised For Growth Amid Cost Cuts, While Canadian Solar Faces US Policy Headwinds: Goldman Sachs Goldman Sachs analyst Brian Lee revised ratings for key residential solar stocks. The analyst notes there is a disconnect between the mid-to-long-term fundamentals and valuations for solar/storage equities heading into 2025. Solar equities appear to be overpricing risks tied to policy uncertainty, even though secular growth drivers, such as U.S. power demand and pricing, remain strong. SEDG: The analyst upgraded SolarEdge Technologies, Inc. (NASDAQ:SEDG) rating to Buy from Sell and raised the price target to $19 (from $10 prior). After a challenging period, including…
By David Milliken LONDON (Reuters) – The Bank of England looks set to hold interest rates at 4.75% on Thursday, despite signs of a slowing economy, as persistent inflation pressures limit it to a “gradual” approach towards cutting borrowing costs. All 71 economists polled by Reuters said rates would stay unchanged for now. Most expect a quarter-point cut only on Feb. 6 after its next meeting, followed by three more cuts by the end of 2025. Financial markets are much less certain about the extent of rate cuts next year, following data on Tuesday that showed an unexpected acceleration of…
FORT LAUDERDALE, FL—Khan Salman Hassan, the Chief Financial Officer of MARA Holdings, Inc. (NASDAQ:MARA), a company with a market capitalization of $7.1 billion and demonstrating strong returns over recent months according to InvestingPro data, sold 16,700 shares of the company’s common stock on December 16, according to a recent SEC filing. The shares were sold at a price of $23.50 each, amounting to a total transaction value of approximately $392,450. Following the sale, Khan retains direct ownership of 1,836,129 shares in the company. Additionally, he holds indirect ownership of 176,818 shares through the S & N Khan Family Trust, where…
GeneDx Holdings Corp. (NASDAQ:WGS) Chief Financial Officer Kevin Feeley recently sold shares of the company’s Class A Common Stock, according to an SEC filing. On December 16, Feeley sold 3,728 shares at an average price of $76.75 per share, amounting to a total transaction value of $286,139. The transaction comes amid an impressive year for GeneDx, which has seen its stock surge over 4,200% in the past 12 months, according to InvestingPro data. The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs). These transactions were not discretionary but rather a “sell…
The sale was conducted under a Rule 10b5-1 trading plan, which Hill adopted on March 11, 2024. This plan allows insiders of publicly traded corporations to set up a predetermined schedule for selling stocks, helping to avoid potential accusations of insider trading.In addition to the sale, Hill also exercised stock options to acquire 100,000 shares at a price of $2.34 per share, which were part of a fully vested and exercisable option. Following these transactions, Hill now holds 353,841 shares of Alkami Technology directly.These transactions provide insight into the financial activities of Alkami Technology’s executive team and may be of…
GeneDx Holdings Corp., formerly known as Sema4 Holdings Corp., is a health services company based in Stamford, Connecticut. For deeper insights into GeneDx’s financial performance and detailed analysis, subscribers can access the comprehensive Pro Research Report available on InvestingPro, which includes additional valuable metrics and expert analysis. For deeper insights into GeneDx’s financial performance and detailed analysis, subscribers can access the comprehensive Pro Research Report available on InvestingPro, which includes additional valuable metrics and expert analysis. The sale was conducted to cover tax withholding obligations related to the vesting and settlement of restricted stock units (RSUs). These transactions are part…
Elon Musk Hopes TSLA Stock Will Reach $690 As Analysts Raise Price Target Despite Technical Indicators Flashing Warning Signals Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Monday expressed hope that the company’s stock will touch $690 in the future, without specifying a timeline. What Happened: “At some point in the future, I think that will happen,” Musk wrote on X in response to an X user who said that they are now waiting for the stock to hit $690.42. Don’t Miss: Tesla stock…
A television station broadcasts the Federal Reserve’s interest-rate cut on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 18, 2024. Michael Nagle | Bloomberg | Getty ImagesCNBC’s Jim Cramer on Wednesday walked investors through the markets’ fall after the Federal Reserve cut its key interest rate by a quarter percentage point and indicated that there will likely be fewer cuts than expected next year.”After listening to Fed Chief Jay Powell this afternoon I think a lot of people got even more baffled,” he said. “Because he seemed to get caught having to fulfill…