WPP Plc Share Price Jumps 3.24% as Advertising Group Signals Strategic Progress
WPP Plc's share price rose 3.24% on Thursday, indicating renewed investor interest following a period of underperformance. The global advertising giant is undergoing strategic restructuring under CEO Mark Read, focusing on AI capabilities and improving organic growth. Despite broad analyst caution, the stock's significant gain suggests some investors believe it is currently undervalued.
Omnicom Group Inc. stock (US6819191064): Overhaul plans after IPG deal put advertising giant in the spotlight
Omnicom Group Inc. is planning a significant operational and management overhaul in anticipation of its acquisition of Interpublic Group, aiming to streamline operations, reduce costs, and enhance digital capabilities. This strategic move, which could reshape the US advertising market, comes as Omnicom recently reported strong Q1 2026 earnings, though its stock performance has been cautious, and executive compensation packages have faced shareholder scrutiny. The company maintains a solid dividend yield, making it an interesting proposition for US investors seeking exposure to the communication services sector amidst ongoing industry transformation.
LiveRamp Stock's Momentum Score Soars After Publicis Groupe Agrees To Acquire Company In All-Cash Deal
LiveRamp Holdings Inc (NYSE: RAMP) saw its momentum score jump significantly after Publicis Groupe (OTC: PUBGY) agreed to acquire the company in an all-cash deal valued at $2.167 billion. This acquisition will combine LiveRamp's data collaboration platform with Publicis's assets, including Epsilon's identity technology and Marcel's AI capabilities, to expand Publicis's market reach and support long-term growth. Analysts believe the deal could help Publicis build a "walled garden" in advertising by controlling identity, data, and targeting internally, reducing reliance on external platforms.
WPP plc stock (JE00B8KF9B49): Shares react to fresh business updates
WPP plc shares are gaining renewed attention from investors due to recent company updates and market conditions affecting advertising demand and client spending. As a major player in advertising and marketing, WPP's performance is closely watched for insights into global advertising budgets and consumer trends, particularly in North America, Europe, and Asia-Pacific. The article highlights WPP's core business model, key revenue drivers, and its relevance to US investors seeking signals on corporate marketing health and broader advertising momentum.
WPP Media: Cartier
WPP Media orchestrated a global media strategy for Cartier's iconic Panther campaign, blending innovation with high-impact placements across various platforms. The campaign featured large-scale displays, collaborations with leading publications like the New York Times and Financial Times, and immersive digital content accessible via QR codes. This comprehensive multi-platform approach successfully translated Cartier's creative vision to a global audience, affirming the brand's ability to innovate while respecting its heritage.
WPP's EssenceMediacom To Lead Media For Honda Motor Europe 05/19/2026
Honda Motor Europe has appointed WPP's EssenceMediacom as its lead media agency for the region, following a formal review. The new partnership, effective in August, will cover various Honda divisions across 16 European markets. EssenceMediacom will leverage WPP Open to integrate Honda's marketing efforts into a unified system.
Publicis buys LiveRamp for $2.5 billion in agentic AI data play
Publicis Groupe has agreed to acquire LiveRamp for $2.5 billion, paying a 30% premium to integrate data collaboration into its agentic AI strategy. This all-cash deal, announced on the same day LiveRamp reported its fiscal 2026 results, is expected to close by year-end 2026. Publicis aims to leverage LiveRamp's clean rooms and identity infrastructure to enhance its data co-creation framework, fueling more intelligent AI agents for clients and raising its mid-term financial guidance.
Publicis to acquire LiveRamp to accelerate data co-creation for smarter agents
Publicis Groupe has announced its acquisition of LiveRamp, a global data collaboration platform, for $2.2 billion. This strategic move aims to enhance Publicis' data co-creation capabilities, enabling clients to build smarter AI agents and driving significant growth. The acquisition is expected to be accretive to Publicis Groupe’s headline EPS from the first year and will lead to an upward revision of its 2027-2028 financial objectives for net revenue and EPS growth.
Zacks Industry Outlook Highlights Publicis Groupe, Omnicom and Quad/Graphics
Zacks Equity Research highlights Publicis Groupe S.A., Omnicom Group, and Quad/Graphics, Inc. as key players in the Advertising & Marketing industry, noting their ability to navigate current challenges through digital marketing, customer-centric approaches, and technological investments. The industry benefits from economic recovery and increased digital media consumption, leading to solid near-term prospects despite underperforming the S&P 500 but outperforming its broader sector over the past year. The report recommends these three stocks due to their strong performance, strategic initiatives, and upward-revised earnings estimates.
Stifel Nicolaus Remains a Buy on Contineum Therapeutics, Inc. Class A (CTNM)
Stifel Nicolaus analyst Paul Matteis has reiterated a Buy rating for Contineum Therapeutics, Inc. Class A (CTNM), setting a price target of $28.00. This recommendation comes despite the company reporting a quarterly GAAP net loss of $14.46 million, an improvement from the prior year. The analyst consensus for CTNM is a Strong Buy, with an average price target suggesting a significant upside.
Highland Capital Management LLC Sells 38,048 Shares of SLB Limited $SLB
Highland Capital Management LLC reduced its stake in SLB Limited by 22.8% in the fourth quarter, selling 38,048 shares and leaving it with 128,907 shares valued at approximately $4.95 million. Concurrently, SLB EVP Steve Matthew Gassen sold over 53,000 shares, decreasing his personal holding by nearly 53%. SLB also announced a quarterly dividend, and several analysts have set new price targets for the company, with a consensus target price of $58.95 and a "Moderate Buy" rating.
5 Must-Read Analyst Questions From Omnicom Group’s Q1 Earnings Call
Omnicom Group's Q1 earnings surpassed revenue and non-GAAP profit expectations, largely due to the acquisition of Interpublic and successful business realignment, focusing on integrated media and PR. The article highlights five key analyst questions from the earnings call, covering growth rates across different segments, the impact of integration on healthcare and PR, the rationale behind disposed businesses, the effects of Agentic AI on media buying, and the strategic advantage of Acxiom's data. Management provided insights into these areas, emphasizing client wins, improved value, and data integration.
Omnicom shifts leadership: Christine Gambino takes Omni top job
Omnicom (NYSE: OMC) has appointed Christine Gambino as the new CEO of Omni, effective May 4, 2026, succeeding Duncan Painter, who is leaving for a senior executive role in the UK. Gambino previously served as Omni COO, overseeing over 1,000 product and technology leaders. Additionally, Alex McCord will lead Omnicom Commerce while continuing as CEO of Flywheel, with both Omni and Flywheel remaining central to Omnicom's Integrated Media capabilities.
Omnicom Group Inc. (NYSE:OMC) Q1 2026 Earnings Call Transcript
Omnicom Group Inc. reported strong Q1 2026 earnings, with an adjusted EPS of $1.90, exceeding expectations, and revenue from core operations growing by 3.9% organically. The company highlighted successful integration of Interpublic, leading to significant cost reduction synergies and new business wins like IBM and GSK. Omnicom is strategically repositioning its portfolio for growth, divesting non-core assets, and leveraging its AI-enabled Omni platform to enhance client services and operational efficiency.
Omnicom (OMC) Q1 2026 Earnings Transcript
Omnicom (OMC) reported strong Q1 2026 results, demonstrating 6.7% total and 3.9% organic revenue growth in its core operations, alongside a significant 240-basis-point increase in adjusted EBITDA margin, following its acquisition of Interpublic. The company is actively executing a $5 billion share repurchase plan and strategically divesting non-core assets to enhance margin quality and focus on high-growth sectors like integrated media. Omnicom also highlighted the successful deployment and scaling of its AI-powered Omni platform, which is showing tangible benefits in client performance and operational efficiency.
Omnicom Q1 revenue jumps to $6.2 billion on IPG deal; adjusted EBITA up 69.5%
Omnicom Group Inc. announced a significant increase in its first-quarter revenue, reaching $6.2 billion, primarily attributed to its acquisition of Interpublic Group (IPG) in November 2025. Despite a rise in operating expenses due to the integration, the company reported higher operating income and a 69.5% increase in adjusted EBITA. Omnicom CEO John Wren highlighted the company's strengthened capabilities following the acquisition, including its global media platform and AI-powered Omni platform, and confirmed plans for substantial cost reduction synergies and share repurchases.
Omnicom Q1 2026 slides: synergies drive margins to 14.8%, EPS beats
Omnicom (NYSE: OMC) reported strong Q1 2026 results, with adjusted EPS of $1.90 beating estimates and revenue of $6.24 billion exceeding forecasts. The company's margins expanded to 14.8%, primarily due to synergies from its Interpublic Group acquisition. Omnicom also aggressively repurchased $2.8 billion in shares and maintains positive guidance for fiscal 2026.
Earnings call transcript: Omnicom Group’s Q1 2026 earnings surpass expectations
Omnicom Group reported strong Q1 2026 earnings, with EPS of $1.90 and revenue of $6.24 billion, both exceeding analyst expectations. The company's stock price rose by 1.14% following the announcement, reflecting positive investor reaction to strategic acquisitions, operational efficiencies, and AI-driven innovations. Omnicom maintains a positive outlook, projecting continued growth and higher double-digit EPS growth for the coming quarters.
Earnings Flash (OMC) Omnicom Group Inc. Reports Q1 Revenue $6.24B, vs. FactSet Est of $5.85B
Omnicom Group Inc. (OMC) has reported its Q1 revenue, achieving $6.24 billion, which surpasses FactSet's estimated $5.85 billion. This financial update indicates a strong performance for the company in the first quarter, outperforming analyst expectations for revenue. The article also mentions the company's Q1 adjusted EPS of $1.90, also beating the FactSet estimate of $1.82.
Editing influencer ads in minutes: Creo uses Google AI to avoid reshoots
Creo, the influencer marketing arm of Omnicom Media (NYSE: OMC), has launched an AI-driven post-production editing tool in collaboration with Google Cloud. This new capability utilizes Google's Gemini and Veo models to provide real-time, light-touch edits to influencer content, significantly reducing review cycles by two to three days and eliminating the need for many reshoots and revision fees. The tool helps ensure brand compliance by scoring content suitability, flagging issues, and automatically removing or blurring restricted items, with edited content returned to creators within minutes.
urban-gro, Inc. (Nasdaq: UGRO) Issues Comprehensive Business Update: Strategic Transformation from Controlled Environment Agriculture to Sports, Media, and Experiential Platform; Restored Nasdaq Listing Compliance; Cricket Strategy Aligned with...
urban-gro, Inc. (UGRO) has announced a significant strategic pivot from Controlled Environment Agriculture (CEA) to a sports, media, and experiential marketing platform under its Flash brand. This transformation follows a merger with Flash Sports & Media and the integration of IPG, with a near-term focus on the Lanka Premier League (LPL) Season 6. The company also confirmed its regained compliance with Nasdaq listing rules and highlighted the strategic importance of cricket, particularly its inclusion in the LA2028 Olympics and its growth at the U.S. collegiate level.
Disney ad inventory enters new AI buying tests on Magnite
Magnite announced an expansion of its AI capabilities, introducing AI-powered mediation in SpringServe and new agentic execution tools for media buyers and sellers. Kepler and MiQ are testing Magnite's new buyer agent, leveraging Disney Advertising inventory, while collaborations with Publicis Media Exchange and Spectrum Reach aim to streamline programmatic workflows. These advancements highlight Magnite's strategy to embed AI deeper into its ad stack to enhance efficiency and decision-making for advertisers and publishers.
[8-K] OMNICOM GROUP INC. Reports Material Event
Omnicom Group Inc. reported strong first quarter 2026 results following its merger with IPG, with revenue increasing to $6.24 billion and impressive organic growth in Core Operations. The company achieved significant margin expansion and an 11.8% rise in Non-GAAP adjusted diluted EPS, indicating successful integration and synergy realization. Omnicom also demonstrated strong capital returns to shareholders through share repurchases, despite an increase in long-term debt post-merger.
Huntington Bancshares (NASDAQ:HBAN) Upgraded by Wall Street Zen to "Sell" Rating
Wall Street Zen has upgraded Huntington Bancshares (HBAN) from a "strong sell" to a "sell" rating, reflecting a slight improvement in their outlook. Despite the negative rating, Huntington Bancshares exceeded Q1 earnings expectations with adjusted EPS of $0.37, maintained its quarterly dividend, and is focusing on AI initiatives for growth and efficiency. The overall analyst consensus for HBAN is still a "Moderate Buy" with an average target price of $20.13.
WPP (WPP) Slid in Q1 Due to Weak Results
The article discusses how WPP plc (NYSE: WPP) experienced a decline in Q1 2026 due to weak results stemming from client assignment losses and reduced spending. Hotchkis & Wiley Mid-Cap Value Fund acknowledged WPP's attractive valuation and strong balance sheet, believing in its potential for positive returns as margins expand. Despite short-term challenges, WPP reported net new business wins in Q4 2025 and early 2026, trading at a low multiple of consensus earnings.
WPP Bridges the Gap Between Digital Marketing and Physical Reality With Unique 'Google Earth AI' Integration
WPP has announced a new integration with Google Earth AI, creating an innovative tool that bridges digital marketing with physical reality. This initiative allows marketers to visualize and plan campaigns more effectively by using real-world geographic data combined with AI-driven insights. The company aims to enhance audience engagement and campaign relevance through this novel approach.
Industrial Single Sided Adhesive Tapes Market Set to Surge
The report provides a comprehensive analysis of the global Industrial Single Sided Adhesive Tapes market, focusing on competitive landscape, geographical growth, segmentation, and market dynamics. It projects the market to grow from US$ 3760 million in 2025 to US$ 5109 million by 2032, at a CAGR of 4.8%. The study also includes competitive analysis of key players, market segmentation by type, substrate, and application, and regional outlook.
Omnicom and Adobe are building AI tools for retail, banks and drugmakers
Omnicom has expanded its partnership with Adobe to co-develop an enterprise-grade, industry-specific AI Agentic Operating Model. This solution will target retail, financial services, pharmaceuticals, and automotive sectors, integrating Omnicom's Omni platform with Adobe's technology. The goal is to provide a unified, governed AI marketing solution that leverages 2.6 billion verified IDs from Acxiom Real ID to address market challenges of disconnected AI tools.
OMC Balances Solid Growth Drivers With Near-Term Headwinds
Omnicom Group Inc. (OMC) presents a balanced investment case due to its diversified capabilities, strategic investments, and commitment to shareholder returns. Despite these strengths, the company faces significant challenges from intense competition, potential integration risks from the Interpublic acquisition, and liquidity concerns, suggesting a "wait-and-see" approach for investors. The Zacks Rank #3 (Hold) reflects this balance between solid fundamentals and near-term pressures.
Omnicom AI: Strategy for Regulatory, Operational, and Competitive Realities
This article analyzes Omnicom's AI strategy, focusing on its regulatory, operational, and competitive challenges following its $13.5 billion acquisition of Interpublic Group (IPG). It highlights severe vulnerabilities like FTC antitrust interventions, catastrophic integration costs, and the operational limitations of its Omni 2.0 AI platform. The report contrasts Omnicom's struggles with the ascendance of Publicis Groupe, which has capitalized on Omnicom's integration quagmire to gain significant market share and win major accounts like Microsoft's global media budget.
WPP plc (ADR) stock (US92942W1071): Why Google Discover changes matter more now
Google's 2026 Discover Core Update is significantly changing how investors access news for WPP plc (ADR) stock, delivering personalized and mobile-first content directly to user feeds. This update prioritizes visual, high-density, and credible financial information on advertising and marketing services, leveraging user activity to provide tailored insights without requiring active searches. For WPP investors, this means faster access to critical market intelligence on strategic moves, financial performance, and industry trends, offering a competitive edge in a fast-moving sector.
WPP plc (ADR) stock (US92942W1071): Why Google Discover changes matter more now
Google's 2026 Discover Core Update significantly changes how investors access real-time financial news for WPP plc (ADR) stock (US92942W1071) on mobile devices. The update prioritizes personalized, mobile-first content delivery based on user activity, offering proactive insights into WPP's performance, client wins, and strategic moves without direct search. This shift emphasizes high-quality, credible content and visual formats, providing investors with a critical informational edge in a fast-paced market.
WPP plc (ADR) stock (US92942W1071): Why Google Discover changes matter more now
Google's 2026 Discover Core Update is revolutionizing how investors receive financial news about WPP plc (ADR) stock, providing tailored insights directly to mobile feeds. This update prioritizes proactive, mobile-first delivery, using user activity to surface relevant content on WPP's financial performance, industry trends, and strategic shifts. For retail investors, this means quicker, more visual access to information, offering an edge in understanding macroeconomic impacts and competitive dynamics without traditional search queries.
A Look At Omnicom Group (OMC) Valuation As FTC Talks Put Advertising Practices Under Scrutiny
Omnicom Group is facing scrutiny from the FTC regarding advertising practices, with potential settlements impacting how the company advises clients. Despite this, the stock is considered 22% undervalued by analysts, with a fair value target of $100.90, primarily driven by anticipated earnings growth and synergies from the Interpublic acquisition. However, risks include AI's impact on in-house content creation and potential integration challenges.
WPP plc (ADR) stock (US92942W1071): Why advertising execution risks matter more now
WPP plc (ADR) stock performance is increasingly tied to the company's execution in client campaigns and its digital transformation efforts within a shifting advertising landscape. The article emphasizes that successful navigation of new media trends, AI integration, and data analytics will be crucial for sustained growth, particularly as competition from independent agencies intensifies and client spending prioritizes measurable ROI. Investors should monitor WPP's ability to secure new business, manage costs through efficiency programs, and adapt to evolving macroeconomic factors and regulatory scrutiny.
WPP plc (ADR) stock (US92942W1071): Why advertising execution risks matter more now
This article examines WPP plc (ADR) stock performance, highlighting the increasing importance of execution in client campaigns and digital transformation within the shifting advertising landscape. It discusses WPP's strategic moves like AI integration and structural simplification, along with challenges such as intense competition and macroeconomic factors, providing a comprehensive overview for investors. The text emphasizes that while WPP offers value and a strong dividend, vigilance on client retention and an understanding of its diversified strategy across different markets are crucial for patient holders.
Omnicom Group Inc. stock (US6819191064): Is its advertising resilience strong enough to unlock new upside?
Omnicom Group Inc. (US6819191064) is positioned for recovery in the advertising sector, leveraging its global network and data-driven services. The company's diversified revenue streams across creative, media buying, and precision marketing, along with its focus on long-term client relationships and digital services, provide resilience against economic fluctuations. While analysts view Omnicom favorably for its defensive qualities and strong cash flow, challenges like ad budget cuts and talent costs remain, making it a core holding for ad sector exposure rather than a high-flyer.
Omnicom Health rebrands FCB Health New York to Olixir New York
Omnicom Health has rebranded FCB Health New York to Olixir New York, a move that follows Omnicom's takeover of IPG and another recent rebranding of DDB Health to Remedy Edge. Linda Bennett and Kathleen Nanda will continue to lead Olixir New York as president and chief creative officer, respectively, building on FCB Health New York's legacy as a top medical marketing agency. The new name combines "elixir" with the "O" from Omnicom and is expected to expand globally after its U.S. launch.
Phocas Financial Corp. Has $7.49 Million Stock Holdings in Timken Company (The) $TKR
Phocas Financial Corp. significantly increased its stake in Timken Company (TKR) by 81.2% in the fourth quarter, holding 88,967 shares valued at $7.49 million. Institutional investors collectively own 89.08% of the company's stock, while analysts have given Timken a consensus "Hold" rating with an average target price of $99.63. Timken recently beat EPS and revenue estimates, provided a positive FY2026 EPS guidance, and announced a quarterly dividend of $0.35 per share.
Lanka Premier League eyes 600 players, Chris Gayle ambassador role
urban-gro, through its subsidiary IPG, announced that Lanka Premier League (LPL) Season 6 is targeting a record 500-600 player registration pool and expects T20 legend Chris Gayle to be appointed as Global Brand Ambassador. The tournament, scheduled for July-August 2026, is projected to generate USD 25-30 million in local economic impact and aims to capitalize on the global T20 cricket market, which is valued at over USD 5 billion. This move further integrates urban-gro into the sports and media ecosystem, focusing on monetizing media rights, sponsorships, and live experiences.
Omnicom Tops Daily Value Ranking as Volume Plummets on Merger and Earnings Wait
Omnicom Group Inc. (OMC) shares experienced a significant drop in trading volume despite a modest price decline, indicating a "wait-and-see" approach from investors ahead of its Q1 2026 earnings report and the Interpublic Group merger completion. The company's Q4 2025 earnings missed expectations, but its strategic integration of AI, the Omni+ platform, strong dividend policy, and expected merger synergies are providing underlying support. Investors are currently balancing these positive long-term prospects against recent financial performance, leading to reduced trading activity.
Is Laser Sensing Becoming a Major Source of Revenue Growth for nLIGHT?
nLIGHT is experiencing significant revenue growth driven by its laser sensing business, particularly in defense applications like missile guidance and countermeasure systems. The company secured a $50 million contract in Q3 2025 and initiated production for a new classified project, with strong analyst projections for future revenue and earnings growth. Despite a high valuation and Zacks Rank #4 (Sell), nLIGHT’s stock has outperformed its sector year-to-date.
How many employees work at Omnicom Group?
Omnicom Group, Inc. currently has 78,906 employees, showing a year-over-year growth rate of 3.8% according to Revelio Labs data updated in December 2025. The article provides historical employee counts from 2023 to 2025 and details other workforce metrics like average salary, tenure, growth rate, and active job postings. It highlights Omnicom’s status as a leading global marketing communications company with a diverse portfolio of over 1,000 companies.
Omnicom secures IBM global media mandate, WPP Media stays out of pitch
Omnicom has won IBM’s global media account after a competitive review, outbidding Publicis. The mandate covers key global regions including the Americas, EMEA, and APAC, with IBM's global media spend estimated at $190 million in 2025. WPP Media, the previous holder, did not participate in the pitch, marking another significant shift following Ogilvy's exit from IBM's creative duties in March.
Diverse Offerings & Strategic Investments Aid OMC Amid Stiff Rivalry
Omnicom (OMC) benefits from its diverse service portfolio across various domains like Media & Advertising and Precision Marketing, along with strategic investments in IT, data, and analytics for enhanced efficiency. Despite shareholder-friendly policies and a broad service offering, the company faces challenges including low liquidity, intense competition from rivals, and recently missed Q4 earnings and revenue consensus estimates. OMC's current ratio is below the industry average, signaling potential short-term obligation issues.
Diverse product range and targeted investments support OMC in the face of intense competition
Omnicom (OMC) leverages a broad service portfolio and strategic investments in technology and marketing to drive growth and return value to shareholders through dividends and buybacks. Despite these strengths, the company faces significant challenges from intense competition and liquidity issues, as reflected in its recent earnings report which missed analyst expectations. Other companies like Waste Connections, Inc. (WCN) and Equifax Inc. (EFX) reported stronger fourth-quarter 2025 results.
Paste a post into this AI tool to check for racial hate speech
WPP, through its agency Ogilvy, has launched "Fair Play," an AI-powered platform designed to identify and refer cases of online racial hate speech. Developed in partnership with the Public Prosecutor's Office of the Federal District and Territories, the tool allows users to submit text for analysis and facilitates direct referrals to authorities without requiring legal expertise. This initiative aims to combat the growing issue of online racism by making the reporting process more accessible to the public.
urban-gro outlines cricket media expansion, LPL rights and Nasdaq compliance recovery
urban-gro has unveiled an investor presentation detailing its strategy to leverage Lanka Premier League (LPL) rights and expand into new markets like Malaysia, Singapore, and Zimbabwe. The company highlights its acquisition of LPL commercial/media rights and a merger forming Flash Sports & Media, projecting substantial multi-year revenue growth from $17 million in 2026 to $143 million in 2030. urban-gro also noted its regained Nasdaq compliance and outlined capital needs for initial and growth phases, acknowledging significant execution risks.
urban-gro, Inc. Outlines Strategy Targeting Global T20 Cricket Market and Near-Term Execution Milestones
urban-gro (UGRO) has outlined a strategy targeting the global T20 cricket market following its integration with Flash Sports & Media and Innovative Production Group. The strategy includes a four-step catalyst stack with a targeted May 15, 2026 player draft entry and monetization through sponsorships, media rights, and branded content. The company emphasizes near-term activation and long-term global replication, while cautioning that there is no guarantee these catalysts will be realized or produce specific financial outcomes.
Stratos Wealth Advisors LLC Purchases New Holdings in Sprouts Farmers Market, Inc. $SFM
Stratos Wealth Advisors LLC recently acquired 32,314 shares of Sprouts Farmers Market (NASDAQ:SFM) in Q4, valued at approximately $2.57 million. This comes as Sprouts exceeded Q4 earnings expectations with a 7.6% revenue increase and provided strong FY2026 EPS guidance. While institutional investors like Bank of America and Invesco have significantly increased their holdings, company insiders have sold shares worth about $10.57 million in the past 90 days.