Nancy L. Berardinelli-Krantz, Senior Vice President and Chief Legal Officer of W.W. Grainger, Inc. (NYSE:GWW), recently sold 253 shares of the company’s common stock. The transactions, which took place on November 6, 2024, were executed at prices ranging from $1,191.935 to $1,193.17 per share. The total value of these sales amounted to approximately $301,706. Following these transactions, Berardinelli-Krantz holds 3,045 shares of W.W. Grainger stock. The sales were conducted directly by Berardinelli-Krantz, as indicated in the recent SEC filing. In other recent news, W.W. Grainger has reported steady growth in its Q3 2024 results. The company saw a 4.3% increase…
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ARMONK, N.Y.—Jaclyn LaMoreaux, Senior Vice President at International Business Machines Corp. (NYSE:IBM), recently sold 3,600 shares of the company’s common stock. The shares were sold on November 8 at an average price of $215.202, totaling approximately $774,727. Following this transaction, LaMoreaux holds 25,389.936 shares directly. This sale is part of routine financial activities by executives and does not necessarily indicate any changes in the company’s outlook or performance. In other recent news, significant developments have unfolded for Apple Inc (NASDAQ:). and International Business Machines Corporation (NYSE:). Bernstein SocGen Group maintained a positive outlook on Apple, reasserting an Outperform rating with…
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price. Do they really matter, though? Let’s take a look at what these Wall Street heavyweights have to say about Duolingo, Inc. (DUOL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Duolingo currently has an average brokerage recommendation (ABR) of 2.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based…
Warren Buffett’s most famous advice is to buy companies with strong moats when they’re available at reasonable valuations. But do you know his second most famous piece of advice? Buy a low-cost index fund.That’s right. Despite building his wealth through active stock investing, Buffett advises the average investor to pursue a passive approach.In my view, for most people, the best thing to do is own the S&P 500 index fund. The trick is not to pick the right company. The trick is to essentially buy all the big companies through the S&P 500 and to do it consistently and to…
With shares down by 78% from an all-time high reached in March, Super Micro Computer (NASDAQ: SMCI) might be one of the first dominoes to fall as the artificial intelligence (AI) hype cycle reaches a possible conclusion. But so far, this crash has little to do with company fundamentals and seems more related to allegedly shady accounting practices and possible wrongdoing. Let’s explore three factors to watch before considering a position in this embattled tech stock. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The first recent sign of trouble…
Jeff Alexander Walsh, the President of LDI Mortgage, a division of loanDepot, Inc. (NYSE:LDI), recently sold a significant portion of his holdings in the company. According to a recent SEC filing, Walsh sold 66,666 shares of Class A Common Stock on November 6, 2024, at an average price of $2.53 per share, totaling $168,664. This transaction was conducted under a Rule 10b5-1 trading plan that Walsh adopted earlier in the year. In addition to the sale, Walsh acquired 70,921 shares of Class A Common Stock at no cost, as part of a separate transaction. This acquisition did not involve any…
Matthew Craig Miller, a director at Confluent , Inc. (NASDAQ:CFLT), recently sold a significant portion of his holdings in the company. According to a recent SEC filing, Miller sold a total of 2,134,486 shares of Confluent’s Class A common stock over two days, November 6 and November 7, 2024. The shares were sold at prices ranging from $27.1522 to $27.512 per share, resulting in a total transaction value of approximately $58.3 million. The sales were conducted through investment vehicles associated with Sequoia Capital, where Miller holds a position as a director and stockholder. Following these transactions, Miller’s indirect ownership in…
Dutch Bros. CEO Christine Barone described the coffee chain’s cross-country expansion plans in a Friday interview with CNBC’s Jim Cramer, saying it may be some time before the Oregon-based company opens stores in the Northeast region.”We’re really growing in a contiguous way, so that we’re growing across states that are next to each other,” Barone said. “We just had the ability to enter Florida this year. So, we still have a lot of growth ahead of us. We will be there, but it’ll be a little while.”Dutch Bros. operates in 18 states on the West Coast and in the South,…
Kenneth Duda, the Chief Technology Officer and Senior Vice President of Software (ETR:) Engineering at Arista Networks , Inc. (NYSE:NYSE:), recently executed a series of transactions involving the company’s common stock. According to a filing with the Securities and Exchange Commission, Duda sold shares worth approximately $8.4 million on November 6, 2024. The shares were sold at prices ranging from $414.14 to $423.555 per share. In addition to these sales, Duda exercised options to acquire 20,000 shares at $17.085 per share. Following these transactions, Duda’s direct ownership in Arista Networks stands at 3,244 shares. The transactions were conducted under a…
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let’s see what these Wall Street heavyweights think about Alphabet (GOOGL). Alphabet currently has an average brokerage recommendation (ABR) of 1.34, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold,…