BMO Reaffirms Bullish View on Equinix (EQIX) amid Strong Operational Performance
BMO Capital has reaffirmed its "Outperform" rating on Equinix (EQIX) and raised its price target to $1,050 from $925, citing stronger-than-expected 2026 guidance and robust demand, particularly driven by artificial intelligence. Equinix's forecast for full-year revenue exceeding market estimates, along with strong bookings growth and expansion into new markets, underscores its positive outlook despite a slight miss in Q4 revenue due to a deferred leasing transaction. The company's role as a digital infrastructure provider benefiting from increased demand for specialized data centers is highlighted.
Tredje AP fonden Sells 265,369 Shares of Verizon Communications Inc. $VZ
Tredje AP fonden reduced its stake in Verizon Communications Inc. by 25.9%, selling 265,369 shares and now owning 760,543 shares valued at approximately $33.43 million. This comes as Verizon has a "Moderate Buy" consensus from analysts with an average target of $49.02, following strong Q4 results and a raised quarterly dividend. Additionally, EVP Joseph J. Russo sold 9,579 shares, trimming his insider position.
Tredje AP fonden Buys 54,970 Shares of Take-Two Interactive Software, Inc. $TTWO
Tredje AP fonden increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 36.8% in the third quarter, purchasing an additional 54,970 shares. The firm now holds 204,236 shares valued at over $52 million. This move is part of broader institutional investor activity in TTWO, with other hedge funds also adjusting their positions, while certain insiders have sold shares.
Tredje AP fonden Has $47.19 Million Stock Holdings in Texas Instruments Incorporated $TXN
Tredje AP fonden increased its stake in Texas Instruments (NASDAQ:TXN) by 18.4% in the third quarter, bringing its total holdings to 256,868 shares valued at $47.19 million. Other institutional investors like Vanguard Group Inc., State Street Corp, and Geode Capital Management LLC also significantly increased their positions in the semiconductor company. Texas Instruments recently reported Q4 earnings, missing analyst estimates slightly, and announced a quarterly dividend of $1.42 per share.
Tredje AP fonden Decreases Holdings in Synopsys, Inc. $SNPS
Tredje AP fonden has reduced its stake in Synopsys, Inc. (NASDAQ:SNPS) by 28.6% in the third quarter, now owning 165,043 shares valued at $81.43 million. Despite this decrease, other institutional investors like Vanguard Group Inc. and Norges Bank significantly increased their positions. The article also touches on recent insider selling activity, positive market sentiment surrounding Synopsys's AI integrations, and varied analyst ratings.
TD Cowen Raises Digital Realty Trust (DLR) Target on Strong Q4 Performance
TD Cowen has raised its price target for Digital Realty Trust (DLR) to $185 from $179, maintaining a Hold rating, following the company's stronger-than-expected fourth-quarter results. The firm believes higher renewal spreads in 2026 could lead to better Core FFO per share growth than current projections. CEO Andy Power highlighted record results in 2025, with total bookings reaching $1.2 billion and strong growth in interconnection and colocation, indicating an accelerating demand for data center infrastructure.
Tredje AP fonden Invests $20.21 Million in Electronic Arts Inc. $EA
Tredje AP fonden has invested $20.21 million in Electronic Arts Inc. by purchasing 100,193 shares in Q3. This move comes amidst mixed sentiment for EA, including positive developments like using AI for in-game realism and a quarterly dividend, balanced against concerns like server outages and insider stock sales. Several analysts have issued "Hold" ratings for EA, with a consensus target price of $186.95.
Tredje AP fonden Has $119.65 Million Stock Holdings in Futu Holdings Limited Sponsored ADR $FUTU
Tredje AP fonden significantly increased its stake in Futu Holdings Limited Sponsored ADR (NASDAQ:FUTU) by 3,579.1% during the third quarter, bringing its total holdings to 688,000 shares worth $119.65 million, representing 0.49% of Futu. Other institutional investors have also adjusted their positions in Futu, which opened at $155.37 on Friday and has a market cap of $21.62 billion. Analysts currently rate Futu as a "Buy" with a consensus price target of $205.06, following strong earnings results that beat consensus estimates.
Stevens Capital Management LP Sells 28,678 Shares of Prologis, Inc. $PLD
Stevens Capital Management LP significantly reduced its stake in Prologis, Inc. (NYSE:PLD) by 50.4% in the third quarter, selling 28,678 shares and leaving them with holdings valued at $3.23 million. Other hedge funds made varying adjustments to their positions, with Brighton Jones LLC significantly increasing their stake while others also grew their holdings. Analysts currently rate Prologis with a "Moderate Buy" consensus and an average price target of $135.89.
Stevens Capital Management LP Acquires New Stake in Analog Devices, Inc. $ADI
Stevens Capital Management LP has acquired a new stake of 8,748 shares, valued at approximately $2.15 million, in Analog Devices, Inc. during the third quarter. This follows several other institutional investors modifying their holdings, with the company seeing significant institutional ownership at 86.81%. Analysts have also recently increased price targets for Analog Devices, reflecting positive sentiment on its Q1 earnings beat, strong Q2 guidance, and exposure to AI/data-center demand, leading to a "Moderate Buy" consensus rating and an average target price of $366.96.
Tredje AP fonden Decreases Stock Holdings in Marvell Technology, Inc. $MRVL
Tredje AP fonden reduced its stake in Marvell Technology, Inc. by 4.3% in Q3, selling 20,000 shares but still retaining 449,700 shares valued at approximately $37.8 million. Despite this reduction, Marvell Technology holds a consensus "Moderate Buy" rating from analysts with an average price target of $115.16, supported by strong fundamentals including Q3 earnings beating estimates and robust revenue growth. The company's market capitalization stands near $67.3 billion, and institutional investors collectively own 83.51% of its stock.
Stevens Capital Management LP Invests $6.35 Million in Verizon Communications Inc. $VZ
Stevens Capital Management LP has purchased a new stake of 144,462 shares in Verizon Communications Inc. (NYSE:VZ) worth approximately $6.35 million during the third quarter. Other institutional investors have also adjusted their holdings in Verizon, while the company recently announced a quarterly dividend increase to $0.7075 per share. Verizon continues to receive a "Moderate Buy" consensus rating from analysts with an average price target of $49.02, reflecting positive sentiment driven by upgrade actions, strong dividend outlook, and solid Q4 earnings that beat expectations.
Toy Industry Rivalry Intensifies as Hasbro Gains Momentum
Hasbro reported a strong 14% revenue increase in fiscal year 2025, reaching $4.7 billion, largely due to its Wizards of the Coast division's 45% growth. This performance contrasts with Mattel's 1% sales decline, highlighting a shift in market dynamics with Hasbro gaining significant momentum. Mattel is attempting a digital transformation through a gaming joint venture acquisition to adapt to changing consumer preferences and intensified competition.
Tredje AP fonden Reduces Position in Analog Devices, Inc. $ADI
Tredje AP fonden has trimmed its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 3.7% in the third quarter, selling 12,239 shares and now owning 322,635 shares worth $79.27 million. Despite this reduction by one fund, other institutional investors like Jones Financial Companies Lllp and SG Americas Securities LLC significantly increased their positions in the semiconductor company. Analog Devices recently reported strong Q1 earnings, beating consensus estimates, and announced a dividend increase, while several analysts have raised their price targets for the stock.
Stevens Capital Management LP Purchases Shares of 56,789 Marvell Technology, Inc. $MRVL
Stevens Capital Management LP has acquired a new position in Marvell Technology, Inc. (NASDAQ:MRVL), purchasing 56,789 shares valued at approximately $4.77 million. Other institutional investors have also adjusted their holdings in the semiconductor company. Marvell Technology recently reported strong quarterly earnings, surpassing analyst estimates, and has a consensus "Moderate Buy" rating from analysts with an average price target of $115.16.
Fabrinet Shares Surge as Analyst Upgrades Forecasts on Strong Q2 Results
Fabrinet (FN) shares surged by 6.83% after Wolfe Research and Barclays upgraded the stock and raised price targets following strong Q2 results. The company reported better-than-expected EPS and revenue, driven by its robust position in the data center ecosystem and strengthening AI infrastructure supply chain. Analysts project continued growth and profitability for Q3, underscoring positive investor sentiment and financial health.
PTC INC (NASDAQ:PTC) Fits the 'Affordable Growth' Investment Strategy
PTC INC (NASDAQ:PTC) has been identified as a strong candidate for an "Affordable Growth" investment strategy, demonstrating robust growth in sales and earnings per share. Despite a seemingly high Price-to-Earnings ratio, PTC is valued lower than the S&P 500 and most of its industry competitors. The company also exhibits strong financial health with impressive margins and returns, ensuring sustainable growth.
Vanguard Group Inc. Raises Position in Manhattan Associates, Inc. $MANH
Vanguard Group Inc. has increased its stake in Manhattan Associates, Inc. by 1.6%, bringing their total ownership to 11.32% valued at approximately $1.398 billion. This move follows Manhattan Associates reporting strong quarterly earnings, exceeding analyst expectations, and providing optimistic FY2026 guidance. The company maintains a "Moderate Buy" rating from analysts with an average target price of $218.75.
Fermi Inc. Faces Class Action Lawsuit Impacting Stock Price
Fermi Inc. is facing multiple class-action lawsuits alleging violations of federal securities laws and misrepresentation of its Project Matador. The lawsuits followed a significant stock price plunge on December 12, 2025, after a $150 million construction agreement was terminated. Investors are encouraged to apply as lead plaintiffs by March 6, 2026, as the company faces potential substantial damages and reputational harm.
Tencent Music (TME): Earnings Beat, New Buybacks — But Is the China Risk Priced In?
Tencent Music (TME) recently reported stronger-than-expected earnings, increased its cash reserves, and continued share buybacks, yet its stock trades at a significant discount compared to global streaming peers due to ongoing concerns about China risk. The article explores whether the market's skepticism about Chinese stocks has gone too far, suggesting that TME could be a mispriced opportunity for investors willing to navigate regulatory and geopolitical complexities. It highlights the divergence between the company's strong fundamentals and muted stock reaction, posing the question of when the US market will again value Chinese platform risk appropriately.
State of New Jersey Common Pension Fund D Buys 15,186 Shares of FormFactor, Inc. $FORM
State of New Jersey Common Pension Fund D increased its stake in FormFactor, Inc. (NASDAQ:FORM) by 24.8% during the third quarter, acquiring an additional 15,186 shares and bringing its total holdings to 76,376 shares valued at $2.78 million. This move contributes to the 98.76% institutional ownership of FormFactor's stock, even as insiders have sold a significant number of shares recently. The company beat Q4 earnings estimates, reported strong revenue growth, and received multiple analyst upgrades, resulting in a "Moderate Buy" consensus rating and a target price of $80.91.
Wolfe Research Boosts Fabrinet to ‘Outperform’; Price Target Raised
Wolfe Research has upgraded Fabrinet (FN) to 'Outperform' and raised its price target, leading to a 6.83% increase in the company's stock. This positive outlook is driven by Fabrinet's strong Q2 performance, exceeding EPS and revenue expectations, and its strategic shift towards high-margin business segments within data center ecosystems. The company's robust financial health, operational efficiency, and growing demand for sophisticated infrastructure are key factors supporting its continued growth potential.
Fidelity National Financial, Inc. (NYSE:FNF) Q4 2025 Earnings Call Transcript
Fidelity National Financial (NYSE: FNF) reported strong Q4 and full-year 2025 results, with its Title business achieving outstanding margins and its F&G segment showing significant growth in assets under management and contributions to adjusted net earnings. The company demonstrated disciplined expense management, leveraging technology and AI to drive efficiencies, and returned substantial capital to shareholders through dividends and buybacks. FNF anticipates a more optimistic outlook for 2026, driven by potential improvements in housing market volumes and continued strength in commercial activity.
State of New Jersey Common Pension Fund D Buys New Position in Applied Digital Corporation $APLD
The State of New Jersey Common Pension Fund D has acquired a new stake in Applied Digital Corporation, purchasing 134,880 shares valued at approximately $3,094,000 during the third quarter. This investment is part of broader institutional interest, with other large investors also modifying their holdings in the company. Applied Digital, a technology firm specializing in digital infrastructure and Bitcoin mining, currently holds a "Buy" consensus rating from analysts, with an average target price of $37.00.
International Business Machines Corporation $IBM Shares Bought by Journey Advisory Group LLC
Journey Advisory Group LLC significantly increased its stake in International Business Machines (IBM) by 39.0%, now holding 13,887 shares valued at approximately $3.92 million. IBM reported strong quarterly earnings, surpassing analyst expectations with an EPS of $4.52 and revenue of $19.69 billion. Analysts maintain a "Moderate Buy" rating with a consensus price target of $330.07, and the company also declared a quarterly dividend of $1.68 per share.
Should You Buy Oracle Stock Right Now?
Oracle's Oracle Cloud Infrastructure (OCI) revenue is growing at 66% year over year, surpassing competitors like AWS and Azure, fueled by massive AI contracts. However, the company is taking on significant debt and considering selling profitable units to fund its data center expansion, with a large portion of its backlog tied to OpenAI, whose financial stability is questioned. The article suggests that while Oracle is positioned for growth in the AI sector, the financial risks associated with its strategy and heavy reliance on OpenAI make it an unfavorable investment at this time.
RGTI or QBTS: Top Analyst Selects the Top Quantum Computing Stock to Buy
Top analyst Krish Sankar from TD Cowen has evaluated two leading quantum computing companies, Rigetti Computing (RGTI) and D-Wave (QBTS). While Rigetti faces challenges like competition and operating losses, D-Wave's dual-path approach to quantum computing and recent contract wins make it Sankar's preferred choice for future growth in the rapidly expanding quantum computing market. D-Wave secures a "Buy" rating, while Rigetti receives a "Hold."
Hillsdale Investment Management Inc. Increases Stock Holdings in Adeia Inc. $ADEA
Hillsdale Investment Management Inc. increased its stake in Adeia Inc. (NASDAQ:ADEA) by 12.4% during the third quarter, acquiring an additional 53,900 shares to bring its total holdings to 488,103 shares valued at approximately $8.2 million. Other institutional investors also adjusted their positions in Adeia, with hedge funds and institutional investors collectively owning 97.36% of the company's stock. The company has received several "Buy" ratings from analysts, with an average price target of $22.00.
Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Xometry (XMTR), LegalZoom (LZ) and Deere (DE)
The article summarizes recent analyst ratings for Xometry (XMTR), LegalZoom (LZ), and Deere (DE) within the Industrial Goods sector. Xometry received a Hold rating from RBC Capital with a $64.00 price target, while LegalZoom was reiterated a Buy by William Blair and J.P. Morgan, with target prices suggesting significant upside. Deere maintained a Buy rating from RBC Capital and an upgrade to Buy from TipRanks – xAI, though its consensus price target implies a potential downside.
Analysts’ Opinions Are Mixed on These Technology Stocks: RingCentral (RNG), Akamai (AKAM) and Klarna Group Plc (KLAR)
This article summarizes recent analyst opinions on three technology stocks: RingCentral (RNG), Akamai (AKAM), and Klarna Group Plc (KLAR). While RingCentral received a "Moderate Buy" consensus with an 11.4% upside, Akamai also got a "Moderate Buy" but with a minimal 0.5% upside. Klarna Group Plc currently holds a "Moderate Buy" consensus offering a significant 82.7% upside, despite individual analysts maintaining "Hold" ratings on Akamai and Klarna.
256,900 Shares in MakeMyTrip Limited $MMYT Purchased by Greenwoods Asset Management Hong Kong Ltd.
Greenwoods Asset Management Hong Kong Ltd. disclosed acquiring 256,900 shares of MakeMyTrip Limited (NASDAQ:MMYT) in Q3, valued at approximately $24.05 million, making it 0.5% of the fund's portfolio. Despite a recent EPS beat, MakeMyTrip's stock is currently trading below its 50- and 200-day moving averages, with analysts maintaining a "Moderate Buy" consensus and a price target of $106.33. Institutional investors collectively own 51.89% of the company's stock, highlighting significant institutional interest.
Raiffeisen Bank International AG Reduces Holdings in NetApp, Inc. $NTAP
Raiffeisen Bank International AG decreased its stake in NetApp, Inc. by 29.8% in the third quarter, selling 24,972 shares and retaining 58,831 shares valued at $6,976,000. Despite this reduction, other institutional investors have increased their positions in NetApp. Analysts currently have a "Moderate Buy" consensus rating for NetApp with a target price of $122.86.
165,459 Shares in Synopsys, Inc. $SNPS Purchased by Greenwoods Asset Management Hong Kong Ltd.
Greenwoods Asset Management Hong Kong Ltd. recently acquired 165,459 shares of Synopsys, Inc. (NASDAQ:SNPS) valued at approximately $81.64 million, making it their 12th largest holding. Other institutional investors like Vanguard Group Inc., Norges Bank, and Ameriprise Financial Inc. also significantly increased their stakes in Synopsys. Wall Street analysts currently hold a "Hold" consensus rating for Synopsys with an average target price of $547.00, while recent insider transactions show some share sales by company executives.
Sava Infond d.o.o. Buys 28,000 Shares of Marvell Technology, Inc. $MRVL
Sava Infond d.o.o. increased its stake in Marvell Technology, Inc. (NASDAQ:MRVL) by 19.4% in the third quarter, acquiring an additional 28,000 shares to own a total of 172,000 shares valued at $14.46 million. This move makes MRVL its 13th largest position, accounting for approximately 2.1% of the fund. Marvell Technology recently reported strong quarterly results, beating EPS estimates with $0.76 and achieving a 36.8% year-over-year revenue increase, while institutional investors own about 83.51% of the stock.
Automatic Data Processing (ADP): New Sell Recommendation for This Technology Giant
Wells Fargo analyst Jason Kupferberg maintained a Sell rating on Automatic Data Processing (ADP) with a price target of $262.00, while the company's shares closed at $215.97. Kupferberg, who covers the Technology sector, has a -6.0% average return and 46.41% success rate on recommended stocks. The broader analyst consensus for ADP is a Hold, with an average price target of $276.83.
Analysts’ Opinions Are Mixed on These Technology Stocks: Workiva (WK), SolarEdge Technologies (SEDG) and AXT (AXTI)
Analysts have issued varied ratings for several technology stocks. Workiva (WK) received a "Buy" rating from Goldman Sachs and William Blair, with an average price target indicating significant upside. SolarEdge Technologies (SEDG) was maintained at a "Hold" by Wells Fargo and William Blair, showing a minimal upside from current levels, while AXT (AXTI) also received a "Hold" rating from Needham, with a consensus of Moderate Buy from analysts.
Hillsdale Investment Management Inc. Acquires 7,200 Shares of Sanmina Corporation $SANM
Hillsdale Investment Management Inc. has increased its stake in Sanmina Corporation (NASDAQ:SANM) by 11.1%, acquiring an additional 7,200 shares to bring its total holdings to 72,280 shares valued at approximately $8.32 million. Institutional investors now collectively own 92.71% of Sanmina. Despite recent insider selling, Sanmina reported strong Q1 earnings, beating estimates with $2.38 EPS and $3.19 billion in revenue, and analysts maintain a "Buy" rating with a consensus target price of $160.00.
Analysts Offer Insights on Technology Companies: RingCentral (RNG), Akamai (AKAM) and Alarm (ALRM)
Analysts have issued neutral ratings for RingCentral (RNG), Akamai (AKAM), and Alarm (ALRM), indicating a balanced outlook on these technology companies. UBS maintained a Hold rating on RingCentral with a $32.00 price target and on Akamai with a $110.00 price target, while Goldman Sachs maintained a Hold rating on Alarm. The consensus ratings suggest a Hold for RingCentral and Alarm, and a Moderate Buy for Akamai.
Jupiter Asset Management Ltd. Makes New $9.06 Million Investment in Lemonade, Inc. $LMND
Jupiter Asset Management Ltd. has made a new investment of $9.06 million in Lemonade, Inc. (NYSE:LMND), acquiring 169,260 shares. This comes as Lemonade reported stronger-than-expected Q4 earnings and revenue, along with improved margins and positive free cash flow. Despite these positive results and bullish investor interest, the stock remains volatile, faces significant short interest, and has seen insider selling, leading to a mixed "Hold" analyst consensus.
Jupiter Asset Management Ltd. Grows Stock Holdings in Kratos Defense & Security Solutions, Inc. $KTOS
Jupiter Asset Management Ltd. increased its stake in Kratos Defense & Security Solutions (NASDAQ:KTOS) by 16.8% in the third quarter, now owning 119,359 shares valued at approximately $10.9 million. While the company sees positive developments with new contracts in hypersonics, satellites, and autonomy, significant insider selling has occurred, with CEO Eric M. DeMarco selling 200,000 shares for $14.8 million. Analyst opinions are mixed, with UBS initiating coverage with a neutral rating and a $79 price target, which is below recent trading levels.
UBS Downgrades Evergy, Inc. (EVRG) to Neutral, Raises its Price Target to $88
UBS downgraded Evergy, Inc. (EVRG) to Neutral from Buy and raised its price target to $88, citing limited upside after strong performance and in-line trading multiples reflecting 7-8% earnings growth. Other analysts, BofA and RBC Capital, also adjusted their price targets and ratings for EVRG, detailing updated earnings forecasts and capital plans. The article mentions EVRG's business of generating and distributing electricity while also promoting an AI stock with significant upside potential.
Raiffeisen Bank International AG Has $11.96 Million Stake in Marvell Technology, Inc. $MRVL
Raiffeisen Bank International AG increased its stake in Marvell Technology, Inc. by 25.3% in the third quarter, bringing its total holdings to 144,964 shares valued at approximately $11.96 million. Other institutions like Vanguard Group Inc. and Norges Bank also significantly increased their positions, indicating strong institutional conviction in the semiconductor company. Marvell Technology reported strong Q3 earnings, beating analyst estimates, and provided positive guidance for Q4 2026, with an average analyst price target of around $115.16.
Jupiter Asset Management Ltd. Acquires 224,478 Shares of Broadcom Inc. $AVGO
Jupiter Asset Management Ltd. significantly increased its stake in Broadcom Inc. (NASDAQ:AVGO) by 44.7% in the third quarter, acquiring an additional 224,478 shares to bring its total holdings to 727,121 shares valued at $239.88 million. This acquisition makes Broadcom the fourth largest holding in Jupiter's portfolio, representing 2.1% of its investments. Other institutional investors have also adjusted their positions in Broadcom, while the company faces mixed sentiment regarding its AI backlog, valuation, and recent insider trading activities.
38,152 Shares in Synopsys, Inc. $SNPS Acquired by Jupiter Asset Management Ltd.
Jupiter Asset Management Ltd. recently acquired a new stake of 38,152 shares in Synopsys, Inc. (NASDAQ:SNPS), valued at approximately $18.82 million. This acquisition is part of broader institutional investor activity, with other hedge funds also adjusting their holdings in the semiconductor company. Meanwhile, Synopsys insiders have been selling shares, while analyst ratings present a mixed outlook for the stock.
Equinix, Inc. $EQIX Shares Sold by Raiffeisen Bank International AG
Raiffeisen Bank International AG reduced its stake in Equinix, Inc. (NASDAQ:EQIX) by 8.9% in the third quarter, selling 5,290 shares and bringing its total holdings to 54,257 shares valued at $42,414,000. Despite several other institutional investors increasing their positions, insiders have sold a total of 14,353 shares worth over $11 million in the last three months. Analysts, however, generally maintain a "Moderate Buy" rating for Equinix with an average target price of $1,001.41.
Lucid (LCID) Showcases Innovation and Range Leadership in EV Market
Lucid Group Inc. recently introduced its Lucid Gravity SUV to European audiences at "The Seven Suite" event in Berlin, focusing on experiential connection rather than specifications. Earlier, the Lucid Air Grand Touring sedan achieved the longest driving range in the 2026 NAF Winter Test in Norway, covering 520 kilometers on a single charge. The article highlights Lucid's innovation and range leadership among electric vehicle manufacturers.
Hewlett Packard Enterprise (HPE) Receives a Rating Update from a Top Analyst
Wells Fargo analyst Aaron Rakers maintained a Hold rating on Hewlett Packard Enterprise (HPE) with a $26.00 price target. This follows mixed analyst opinions, including another Hold from Morgan Stanley and a Buy from J.P. Morgan, issued around the same time. The company's recent earnings showed $9.7 billion in quarterly revenue and a $175 million net profit, while corporate insider sentiment for HPE is negative, with increased selling activity.
HP (HPQ) Receives a Rating Update from a Top Analyst
Wells Fargo analyst Aaron Rakers maintained a Sell rating on HP (HPQ) with a $25.00 price target. This sentiment is echoed by Morgan Stanley and aligns with negative insider sentiment, as shown by recent share sales by corporate insiders, including Ketan M Patel. HP's latest quarterly revenue was $14.64 billion, with a net profit of $795 million.
NetApp (NTAP) Receives a Rating Update from a Top Analyst
Wells Fargo analyst Aaron Rakers maintained a Hold rating on NetApp (NTAP) with a price target of $115.00, while Citi also maintained a Hold rating with a $110.00 price target. The analyst consensus for NetApp is a "Moderate Buy" with an average price target of $119.06, suggesting a 17.19% upside. NetApp recently reported quarterly revenue of $1.71 billion and a net profit of $305 million, an increase from the previous year.
ICICI Prudential Asset Management Co Ltd Sells 78,992 Shares of Microchip Technology Incorporated $MCHP
ICICI Prudential Asset Management Co Ltd significantly reduced its stake in Microchip Technology Incorporated (NASDAQ:MCHP) by selling 78,992 shares, decreasing its position by 90.5%. Despite this, other institutional investors have recently modified their holdings, with hedge funds and institutional investors owning 91.51% of the company's stock. Microchip Technology recently reported earnings that topped consensus estimates and announced a quarterly dividend.
