Author: Bella Hayes
HOUSTON—John A. Burkhart III, President of Specialty Lines at Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD), has reported the sale of company stock valued at approximately $71,843. The transaction, which occurred on January 2, 2025, involved the sale of 1,465 shares of common stock at an average price of $49.04 per share. The stock, which has recently seen a 10.78% decline over the past week, maintains a market capitalization of $1.86 billion. According to InvestingPro analysis, the company currently trades at a P/E ratio of 16.42. These sales were executed under a pre-arranged Rule 10b5-1 trading plan, which Burkhart adopted on…
Mark Casper, the Executive Vice President and Chief Legal Officer of Marvell (NASDAQ:) Technology, Inc. (NASDAQ:MRVL), recently sold 2,500 shares of the company’s common stock. The shares were sold at a weighted average price of $113, amounting to a total transaction value of $282,500. The transaction comes as Marvell, now valued at over $103 billion, trades near its 52-week high of $126.15, having delivered an impressive 99% return over the past year. This sale was executed under Casper’s 10b5-1 plan, which was adopted on January 19, 2024. Following the transaction, Casper retains ownership of 24,706 shares, which includes 169 shares…
BROOKFIELD, Conn.—Lee Kang Jyh, the Chief Executive Officer of Photronics Inc. (NASDAQ:), sold a significant portion of his holdings in the company earlier this month. According to a recent SEC filing, Mr. Lee sold a total of 17,500 shares of common stock over two transactions on January 2, 2025. The shares were sold at prices ranging from $24.00 to $24.20, amounting to a total transaction value of approximately $421,750. InvestingPro analysis shows the stock trading at an attractive P/E ratio of 11.6, with analysts setting a price target of $35. Following these sales, Mr. Lee’s direct ownership in Photronics stands…
NEW YORK—Justin Schreiber, the Chief Executive Officer of LifeMD, Inc. (NASDAQ:LFMD), has sold a significant portion of his holdings in the company. According to a recent SEC filing, Schreiber disposed of 25,000 shares of LifeMD common stock on January 2, 2025. The shares were sold at a weighted average price of $5.1867, resulting in a total transaction value of approximately $129,667. The sale comes as LifeMD, currently valued at $250 million, demonstrates strong momentum with a 13% gain in the past week. InvestingPro analysis indicates the stock is currently trading below its Fair Value. The sales were executed in multiple…
Marc Zandman, Executive Chairman and Chief Business Development Officer at Vishay Intertechnology Inc . (NYSE:), reported the sale of 20,359 shares of common stock on January 2, 2025. The shares were sold at an average price of $16.71 each, totaling approximately $340,198. This transaction was conducted under a pre-established Rule 10b5-1 trading plan. The stock, currently trading at $17.19, appears slightly overvalued according to InvestingPro Fair Value metrics, with analysts projecting declining sales for the current year. In addition to the stock sale, Zandman reported the acquisition of 5,000 Phantom Stock Units on January 1, 2025. These units, each equivalent…
BOSTON—Thomas Corey E., CEO of Rapid7, Inc. (NASDAQ:), a cybersecurity firm with a market capitalization of $2.52 billion and a “GOOD” InvestingPro Financial Health score, recently reported a series of stock transactions involving the company’s common stock. On January 2, Corey sold a total of 50,000 shares, generating approximately $1.99 million. The transactions occurred at prices ranging from $39.32 to $41.29 per share, near current trading levels of $39.81. In addition to the sales, Corey exercised stock options to acquire 50,000 shares at a price of $9.77 per share, amounting to a total of $488,500. Following these transactions, Corey holds…
In a challenging market environment, General Mills Inc. (NYSE:) stock has touched a 52-week low, dipping to $61.47. The consumer foods giant, known for its array of popular brands and its impressive 55-year streak of maintaining dividend payments, has faced headwinds that have pressured its stock price over the past year, culminating in this recent low point. According to InvestingPro analysis, the company currently offers a 3.76% dividend yield and trades at a P/E ratio of 13.36. Despite a generally defensive posture in the consumer staples sector, General Mills has not been immune to broader market trends and operational challenges,…
In a challenging market environment, Crown Castle International Corp. (NYSE:) stock has touched a 52-week low, dipping to $88.64. According to InvestingPro data, technical indicators suggest the stock is in oversold territory, with a notable dividend yield of 6.96%. The communications infrastructure company, which has been grappling with broader economic pressures, has seen a significant downturn over the past year, with its stock price declining by 22.05%. While the company maintains strong fundamentals with a 72% gross profit margin and analyst price targets ranging from $84 to $135, this latest price level reflects investor concerns as the company navigates through…
Melville, NY, Jan. 06, 2025 (GLOBE NEWSWIRE) — Canon U.S.A., Inc., a leader in digital imaging solutions, is pleased to announce that its imageRUNNER ADVANCE DX 4925i/4935i/4945i multifunction devices have won the prestigious Buyers Lab (BLI) 2025 Pick Awards from Keypoint Intelligence. Keypoint noted that these devices stood out for their excellent performance, reliability, and innovative features that help meet the demands of modern businesses. Canon’s imageRUNNER ADVANCE DX 4900 Series was praised for its reliability, during Keypoint’s rigorous testing. Keypoint noted that this high level of durability makes it a top choice for businesses with mid-level black-and-white print volume…
Andrew J. Quigg, Chief Strategy Officer at Progressive Corp (NYSE:), a $141 billion insurance giant with “GREAT” financial health according to InvestingPro, recently sold 681 shares of the company’s common stock. The shares were sold at an average price of $242.10 each, amounting to a total transaction value of $164,870. Following this sale, Quigg holds approximately 33,612 shares. The transaction was executed under a 10b5-1 trading plan, which had been adopted on January 25, 2024. With the stock trading near its Fair Value and 15 analysts revising earnings upward, InvestingPro subscribers can access comprehensive insider trading analysis and 12 additional…