Friday, February 3

Tag: instant alerts

Weiss Asset Management LP Grows Holdings in Aurora Technology Acquisition Corp. (NASDAQ:ATAK)
Science

Weiss Asset Management LP Grows Holdings in Aurora Technology Acquisition Corp. (NASDAQ:ATAK)

Weiss Asset Management LP lifted its holdings in Aurora Technology Acquisition Corp. (NASDAQ:ATAK - Get Rating) by 15.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 318,033 shares of the company's stock after buying an additional 43,715 shares during the quarter. Weiss Asset Management LP owned approximately 1.57% of Aurora Technology Acquisition worth $3,190,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Polar Asset Management Partners Inc. grew its position in shares of Aurora Technology Acquisition by 6.4% in the 3rd quarter. Polar Asset Management Partners Inc. now owns 638,550 shares ...
Align Technology, Inc. (NASDAQ:ALGN) Short Interest Up 18.9% in October
Science

Align Technology, Inc. (NASDAQ:ALGN) Short Interest Up 18.9% in October

Align Technology, Inc. (NASDAQ:ALGN - Get Rating) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 2,770,000 shares, an increase of 18.9% from the October 15th total of 2,330,000 shares. Based on an average daily trading volume, of 961,700 shares, the days-to-cover ratio is currently 2.9 days. Approximately 3.8% of the shares of the company are short sold. Insider Buying and Selling at Align TechnologyIn other news, Director Warren S. Thaler bought 1,050 shares of the stock in a transaction on Wednesday, November 2nd. The shares were purchased at an average cost of $191.21 per share, for a total transaction of $200,770.50. Following the completion of the purchase, the director now directly owns 30...
BMO Capital Markets Cuts Converge Technology Solutions (TSE:CTS) Price Target to C$8.00
Science

BMO Capital Markets Cuts Converge Technology Solutions (TSE:CTS) Price Target to C$8.00

Converge Technology Solutions (TSE:CTS - Get Rating) had its target price cut by investment analysts at BMO Capital Markets from C$9.00 to C$8.00 in a note issued to investors on Friday, BayStreet.CA reports. BMO Capital Markets' price objective suggests a potential upside of 69.85% from the company's current price.A number of other brokerages have also issued reports on CTS. TD Securities upgraded shares of Converge Technology Solutions from a "hold" rating to a "buy" rating and decreased their target price for the stock from C$8.50 to C$6.50 in a research report on Thursday. Eight Capital decreased their target price on shares of Converge Technology Solutions from C$11.00 to C$10.00 in a research report on Thursday. Canaccord Genuity Group decreased their target price on shares of Conve...
RLX Technology (RLX) Scheduled to Post Earnings on Wednesday
Science

RLX Technology (RLX) Scheduled to Post Earnings on Wednesday

RLX Technology (NYSE:RLX - Get Rating) is set to post its quarterly earnings results before the market opens on Wednesday, November 16th. Individual interested in listening to the company's earnings conference call can do so using this link. RLX Technology (NYSE:RLX - Get Rating) last issued its earnings results on Wednesday, September 21st. The company reported $0.05 EPS for the quarter. RLX Technology had a net margin of 35.14% and a return on equity of 19.23%. The company had revenue of $333.51 million for the quarter. RLX Technology Price PerformanceShares of RLX stock opened at $1.50 on Wednesday. RLX Technology has a 12 month low of $0.90 and a 12 month high of $5.90. The company has a market capitalization of $2.33 billion, a PE ratio of 5.00 and a beta of -0.23. The firm's 50-day ...
Short Interest in Alkami Technology, Inc. (NASDAQ:ALKT) Decreases By 8.2%
Science

Short Interest in Alkami Technology, Inc. (NASDAQ:ALKT) Decreases By 8.2%

Alkami Technology, Inc. (NASDAQ:ALKT - Get Rating) saw a significant decline in short interest in October. As of October 15th, there was short interest totalling 1,350,000 shares, a decline of 8.2% from the September 30th total of 1,470,000 shares. Approximately 3.9% of the company's stock are sold short. Based on an average trading volume of 309,600 shares, the short-interest ratio is currently 4.4 days. Analyst Ratings ChangesALKT has been the subject of several recent research reports. Needham & Company LLC boosted their target price on shares of Alkami Technology from $17.00 to $20.00 and gave the stock a "buy" rating in a research report on Thursday, August 4th. Barclays boosted their target price on shares of Alkami Technology from $15.00 to $16.00 and gave the stock an "equal w...
Ubisoft Entertainment (OTCMKTS:UBSFY) Stock Rating Upgraded by The Goldman Sachs Group
Entertainment

Ubisoft Entertainment (OTCMKTS:UBSFY) Stock Rating Upgraded by The Goldman Sachs Group

Ubisoft Entertainment (OTCMKTS:UBSFY - Get Rating) was upgraded by The Goldman Sachs Group from a "sell" rating to a "neutral" rating in a note issued to investors on Friday, The Fly reports. The firm currently has a €37.00 ($37.76) price target on the stock, down from their previous price target of €41.00 ($41.84).Several other research analysts have also commented on UBSFY. Societe Generale reaffirmed a "buy" rating and set a $58.00 price target (down previously from $59.00) on shares of Ubisoft Entertainment in a research report on Tuesday, July 5th. JPMorgan Chase & Co. cut their price target on Ubisoft Entertainment from €54.00 ($55.10) to €53.00 ($54.08) and set an "overweight" rating on the stock in a research report on Monday, October 10th. Benchmark lowered Ubisoft Entertainm...
Seagate Technology (NASDAQ:STX) Price Target Lowered to $60.00 at Deutsche Bank Aktiengesellschaft
Science

Seagate Technology (NASDAQ:STX) Price Target Lowered to $60.00 at Deutsche Bank Aktiengesellschaft

Seagate Technology (NASDAQ:STX - Get Rating) had its price objective decreased by stock analysts at Deutsche Bank Aktiengesellschaft from $72.00 to $60.00 in a research report issued on Monday, The Fly reports. Deutsche Bank Aktiengesellschaft's target price indicates a potential upside of 16.26% from the company's previous close.Other equities research analysts have also recently issued research reports about the stock. Wells Fargo & Company cut their price objective on shares of Seagate Technology from $90.00 to $85.00 and set an "equal weight" rating for the company in a research note on Thursday, July 14th. Barclays reduced their price target on Seagate Technology from $70.00 to $65.00 and set an "equal weight" rating on the stock in a research note on Thursday, September 1st. Rob...
Jefferies Financial Group Analysts Lower Earnings Estimates for MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)
Science

Jefferies Financial Group Analysts Lower Earnings Estimates for MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI)

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Get Rating) - Investment analysts at Jefferies Financial Group reduced their FY2022 earnings estimates for shares of MACOM Technology Solutions in a research report issued to clients and investors on Thursday, October 13th. Jefferies Financial Group analyst M. Lipacis now forecasts that the semiconductor company will post earnings of $2.24 per share for the year, down from their previous forecast of $2.26. The consensus estimate for MACOM Technology Solutions' current full-year earnings is $2.26 per share. Jefferies Financial Group also issued estimates for MACOM Technology Solutions' Q4 2022 earnings at $0.60 EPS, Q1 2023 earnings at $0.54 EPS and FY2023 earnings at $1.44 EPS. Several other research analysts also recently issued re...
CBAK Energy Technology, Inc. (NASDAQ:CBAT) Short Interest Down 8.1% in September
Science

CBAK Energy Technology, Inc. (NASDAQ:CBAT) Short Interest Down 8.1% in September

CBAK Energy Technology, Inc. (NASDAQ:CBAT - Get Rating) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 2,620,000 shares, a decrease of 8.1% from the August 31st total of 2,850,000 shares. Based on an average daily trading volume, of 343,900 shares, the short-interest ratio is currently 7.6 days. Currently, 4.9% of the company's stock are short sold. Hedge Funds Weigh In On CBAK Energy TechnologyLarge investors have recently modified their holdings of the business. Ergoteles LLC acquired a new position in shares of CBAK Energy Technology during the 1st quarter worth about $29,000. Spire Wealth Management acquired a new position in shares of CBAK Energy Technology during the 2nd quarter worth about $47,000. UBS ...
Short Interest in BlackSky Technology Inc. (NYSE:BKSY) Increases By 18.4%
Science

Short Interest in BlackSky Technology Inc. (NYSE:BKSY) Increases By 18.4%

BlackSky Technology Inc. (NYSE:BKSY - Get Rating) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 1,930,000 shares, an increase of 18.4% from the August 31st total of 1,630,000 shares. Approximately 3.2% of the shares of the company are short sold. Based on an average daily volume of 1,400,000 shares, the days-to-cover ratio is presently 1.4 days. Institutional Inflows and OutflowsSeveral institutional investors have recently bought and sold shares of BKSY. Samlyn Capital LLC increased its position in shares of BlackSky Technology by 10.6% in the second quarter. Samlyn Capital LLC now owns 1,309,397 shares of the company's stock valued at $3,025,000 after buying an additional 125,433 shar...