Author: Bella Hayes
Tesla Inc.’s (NASDAQ:) Chief Financial Officer Vaibhav Taneja recently sold a significant portion of his company stock. According to a recent SEC filing, Taneja sold a total of 7,000 shares of Tesla common stock on January 6, 2025, generating approximately $2.89 million. The sales were executed at prices ranging from $402.854 to $423.135 per share. The transaction comes as Tesla, now valued at $1.27 trillion, trades near $395 per share, with InvestingPro analysis indicating the stock is currently overvalued despite its impressive 68% gain over the past year. In addition to these sales, Taneja exercised options to acquire 7,000 shares…
SAN MATEO, Calif.–(BUSINESS WIRE)–On Friday, January 31, 2025 at approximately 8:30 a.m. Eastern Time, Franklin Resources (NYSE:), Inc. (the Company) [NYSE:BEN] will release its first quarter operating results. A written commentary on the results will also be available via investors.franklinresources.com at approximately 8:30 a.m. Eastern Time. In addition, Jenny Johnson, President and CEO; Matthew Nicholls, Executive Vice President, CFO and COO; and Adam Spector, Executive Vice President – Global Advisory Services and Head of Global Distribution, will lead a live teleconference at 11:00 a.m. Eastern Time to answer questions. Access to the teleconference will be available via investors.franklinresources.com or by…
TORONTO, Jan. 08, 2025 (GLOBE NEWSWIRE) — Xanadu Mines Ltd (ASX:XAM, :XAM) (Xanadu or the Company) is pleased to announce that the placement of 26,515,543 fully paid ordinary shares to Jinping (Singapore) Pte Ltd, a wholly owned indirect subsidiary of Zijin Mining Group Co. Ltd (Zijin), at an issue price of A$0.055 per share, completed today. Details of the proposed placement to Zijin were announced to ASX on 14 November 2024 and 5 November 2024. Completion follows the satisfaction of all Conditions Precedent under the Share Subscription Agreement with Zijin, including shareholder approval on 20 December 2024. For further information,…
Derek J. Maetzold, President and CEO of Castle Biosciences Inc . (NASDAQ:), has recently sold company shares amounting to $228,066. The transactions, which took place on January 6 and 7, 2025, involved multiple trades with prices ranging from $28.421 to $30.175 per share. The stock has since surged, showing a remarkable 20.7% gain in the past week, with InvestingPro data indicating the stock is currently trading in overbought territory. The sales were executed under a Rule 10b5-1 trading plan, a pre-arranged plan that allows company insiders to sell a predetermined number of shares at a predetermined time. This plan was…
SAN FRANCISCO—John Koryl, former Chief Executive Officer of TheRealReal, Inc. (NASDAQ:REAL), has sold a significant portion of his holdings in the company. According to a recent SEC filing, Koryl disposed of a total of 396,478 shares of TheRealReal’s common stock on January 6, 2025. The transactions were executed at prices ranging from $9.61 to $9.87 per share, amounting to a total sale value of approximately $3.81 million. The sale comes as the stock has shown remarkable strength, with a 363% return over the past year, though InvestingPro analysis indicates the stock is currently overvalued. Following these transactions, Koryl no longer…
This sale was conducted to cover tax withholding obligations related to the vesting of restricted stock units, as per the company’s filing with the Securities and Exchange Commission. Following this transaction, Klee retains ownership of 3,176,788 shares in the company. With a market capitalization of $261 million, InvestingPro analysis suggests the stock is currently undervalued. Get access to detailed insider trading patterns and 12+ additional ProTips with an InvestingPro subscription. With a market capitalization of $261 million, InvestingPro analysis suggests the stock is currently undervalued. Get access to detailed insider trading patterns and 12+ additional ProTips with an InvestingPro subscription.…
John Robert Kline, Senior Vice President at Perdoceo Education Corp (NASDAQ:), recently executed a series of stock transactions involving the company’s common stock. According to a recent SEC filing, Kline sold a total of 24,148 shares over two days, January 6 and January 7, 2025, for a combined total of approximately $620,016. The sale prices ranged from $25.56 to $25.79 per share. InvestingPro analysis shows PRDO currently trades at $26.38, with the company maintaining impressive gross profit margins of 83.5% and a strong financial health rating. These transactions were part of a pre-established Rule 10b5-1 trading plan, which Kline adopted…
BOSTON—In a recent transaction, MFN Partners, LP, a significant shareholder of CNX Resources Corp (NYSE:), sold a substantial portion of its holdings in the company. The sale comes as CNX shares have experienced a sharp 16.8% decline over the past week, despite posting a robust 48% gain over the past year. According to a Form 4 filed with the Securities and Exchange Commission, MFN Partners disposed of 1,075,000 shares of CNX Resources at an average price of $31.09 per share, totaling approximately $33.4 million. The shares were sold on January 6, 2025, in multiple transactions with prices ranging from $30.62…
ESPOO – Finnish telecommunications company Nokia Oyj (HE:) (LEI: 549300A0JPRWG1KI7U06) announced on Wednesday that it has continued its share repurchase initiative, acquiring a total of 872,093 of its own shares at a weighted average price of €4.48 per share. This transaction took place on the Helsinki Stock Exchange (XHEL), with the total cost amounting to €3,907,587. The buyback is part of a program that was initiated on November 25, 2024, following a November 22, 2024, announcement by the company. The program is intended to mitigate the dilutive effect of shares issued to Infinera (NASDAQ:) Corporation shareholders and to counteract the…
Investing.com — Hershey (NYSE:HSY) shares dropped 2.8% in afternoon trading Wednesday amid reports from Bloomberg News that the company is seeking regulatory approval to significantly increase its cocoa purchases through the New York exchange. This move comes in response to global shortages that have driven cocoa prices to unprecedented levels. The confectionery giant has approached the US Commodity Futures Trading Commission with a request to buy over 90,000 metric tons of cocoa on ICE (NYSE:) Futures US, Bloomberg reported. This quantity represents a substantial increase from the exchange’s current limit and would be equivalent to around 5,000 20-foot shipping containers.…