The transaction was carried out under a 10b5-1 trading plan, which was established on April 8, 2024. Following this sale, Meintjes retains ownership of 112,711 shares of Marvell (NASDAQ:) Technology. With 28 analysts recently revising their earnings expectations upward, InvestingPro subscribers can access 14 additional exclusive insights and a comprehensive Pro Research Report that provides deep-dive analysis of Marvell’s valuation and growth prospects. With 28 analysts recently revising their earnings expectations upward, InvestingPro subscribers can access 14 additional exclusive insights and a comprehensive Pro Research Report that provides deep-dive analysis of Marvell’s valuation and growth prospects. The transaction was carried…
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SAN FRANCISCO—Andrew Dudum, the Chief Executive Officer of Hims & Hers Health, Inc. (NYSE:HIMS), recently reported significant stock transactions, according to a recent SEC filing. On December 16 and 17, Dudum sold shares totaling approximately $6.24 million. The sales were executed at prices ranging from $28.78 to $32.63 per share. On December 13, Dudum acquired 176,308 shares of Class A Common Stock through the exercise of stock options, which were priced at $2.43 per share. Additionally, the company withheld 97,062 shares valued at $30.02 per share to cover tax obligations related to the vesting of restricted stock units. The transactions…
What if a husband and wife own a home together that increases in value by $500,000. When one spouse dies and the other owns the property themselves, do they receive a step-up in basis? Or do they only receive a $250,000 capital gains exemption when they sell the property? – Samuel Your question deals with the rules surrounding both a step-up in basis of an inherited asset and the capital gain exclusion on the sale of a primary residence. These rules are independent of each other, so both are true: the surviving spouse receives a step-up in basis and they…
(Reuters) – Australia’s Insignia Financial has rejected Bain Capital’s A$2.67 billion ($1.69 billion) takeover bid, saying the offer does not provide fair value to its shareholders, creating a barrier for the buyout giant’s Asia expansion plans. Bain had earlier in the month offered A$4 apiece for the 178-year-old money manager, reigniting a strong sense of investor appetite for Australia-listed wealth managers that have recently seen their asset bases grow strongly. However, Insignia turned down the Boston-based investment firm’s offer on Wednesday, saying it “does not adequately represent fair value for IFL shareholders.” After the offer was tabled, brokerage Sandstone Insights…
By Pete Schroeder WASHINGTON (Reuters) – The chairman of a leading U.S. banking regulator said Tuesday his agency is considering legal action against six former officers and eleven former directors of Silicon Valley Bank. Federal Deposit Insurance Corporation Chairman Martin Gruenberg said in a statement that the agency was considering suing the former bank executives, who were not specifically named, due to their “breaches of duty” in mismanaging Silicon Valley Bank’s portfolio before its abrupt collapse last spring. Gruenberg, a Democrat appointed by President Joe Biden, has said he plans to retire from the agency on Jan. 19. But the…
Prior to these sales, Siddiqui acquired a total of 5,920.4821 common shares on December 15 through the exercise of restricted share units. These acquisitions were executed at no cost per share. Following these transactions, Siddiqui holds a direct ownership of 18,959.7444 common shares, along with additional shares held indirectly through a trust. For comprehensive insider trading analysis and access to 8 additional key insights about QSR, including detailed valuation metrics and financial health scores, explore InvestingPro’s exclusive research report. For comprehensive insider trading analysis and access to 8 additional key insights about QSR, including detailed valuation metrics and financial health…
South Carolina Ports said the reason for the expansion is to meet market demands. Source link
Prior to the sale, Buettner-Garrett exercised stock options to acquire 187,500 shares at a price of $0.03 per share, totaling $5,625. Following these transactions, Buettner-Garrett now holds 869,720 shares directly. Get access to 12 additional InvestingPro Tips and comprehensive financial analysis for SLDP through InvestingPro’s exclusive research report. Get access to 12 additional InvestingPro Tips and comprehensive financial analysis for SLDP through InvestingPro’s exclusive research report. This sale was conducted as part of a pre-established Rule 10b5-1 trading plan, which Buettner-Garrett adopted on September 1, 2023. The plan was designed to manage tax liabilities from stock option exercises and to…
As the global energy landscape evolves, one material has emerged as a cornerstone for both renewable energy and defense sectors: antimony. This versatile mineral is pivotal in solar technology, battery advancements, and military applications. However, recent geopolitical tensions have highlighted vulnerabilities in its supply chain, emphasizing the need for nations to secure sustainable sources. Companies like Military Metals Corp are stepping up to bridge the gap, ensuring antimony’s availability in an increasingly resource-scarce world. Renewable Energy’s Secret Weapon The transition to renewable energy relies heavily on advanced materials, and antimony is no exception. In solar panels, this mineral enhances the…
A 62-year-old retiree smiles as her dog jumps on to her back. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Suppose you have $1 million in a Roth IRA and will receive $2,250 each month from Social Security when you become eligible for benefits. Would this be enough to allow you to retire at age 62? The answer to that question could be yes, but there’s a chance it may require you to live on a tighter budget in retirement than you might want. Even then, you could outlive your savings depending…