On June 18, 2024, Rajiv Ramaswami, the President and CEO of Nutanix Inc (NASDAQ:NTNX), sold 23,986 shares of the company according to an SEC Filing. Following this sale, Ramaswami now holds 407,045 shares of Nutanix Inc. Nutanix is a company that specializes in cloud software and infrastructure solutions, allowing organizations to manage apps in any … Read more
Bridgewater Associates, founded by billionaire investor Ray Dalio, has been strategically managing its investments, with a focus on balancing risks, maximizing risk-return ratios, and achieving consistent returns regardless of economic conditions. Despite recent market turmoil, the fund has seen profits in the double digits this year after implementing cost-cutting measures and organizational restructuring. In the … Read more
Two financial experts, Jim Lebenthal and Bill Baruch, appeared on CNBC’s “Halftime Report” to discuss their recent activities in the market. Lebenthal and Baruch shared insights on their latest operations and provided valuable commentary on current market trends and strategies. Their discussion on the show highlighted their expertise and offered viewers a glimpse into their … Read more
Hewlett Packard Enterprise (HPE) has sold off certain assets related to its telecommunications operations in order to prioritize its core goals. This decision reflects a strategic shift within the company to concentrate on its primary objectives. Article Source https://www.sdxcentral.com/articles/feature/hpe-unloads-ctg-telecom-assets-to-managed-network-services-provider/2024/05/
Billionaire Larry Robbins’ investment firm, Glenview Capital Management, made significant changes to its portfolio during the first quarter of 2024. The firm acquired a stake in Broadcom (AVGO) while abandoning its position in Intel (INTC) and increasing holdings in various health insurers. Glenview Capital disclosed these changes in its latest 13F filing for the period … Read more
Cisco’s Executive Vice President, Mark Stahlkopf, recently sold over $386,000 worth of stock in the company. Stahlkopf’s decision to sell a significant amount of stock raises questions about the future of Cisco and its performance in the market. Stahlkopf’s sale of stock could indicate several things, including his lack of confidence in the company’s performance … Read more
Principal Financial Group Inc. reduced its holdings of Hewlett Packard Enterprise (NYSE: HPE) by 2.4% in the fourth quarter, according to their recent 13F filing with the SEC. They sold 35,449 shares, leaving them with 1,455,299 shares valued at $24,711,000. Other institutional investors also made changes to their positions in the company, with Fifth Third … Read more
Cloud Software Group Inc., the parent company of Citrix Systems Inc., recently sought funding from investors for the third time in six months to pay off higher-cost obligations. This move is part of a trend where many riskier borrowers are taking advantage of favorable credit conditions to raise funds. The private equity firm initially aimed … Read more
In a recent turn of events, Stephen F. Lynch, representative for Massachusetts’s 8th congressional district, has sold his shares in VMware, Inc. (NYSE:). The transaction took place on November 27, 2023, and was valued between $1,001 and $15,000. This sale occurred in the wake of Broadcom Inc.’s (NASDAQ:) acquisition of VMware, a global leader in … Read more
Chipmaker Broadcom is selling its end-user computing (EUC) unit to private equity firm, KKR, for £3.1 billion ($4 billion). The move aims to streamline Broadcom’s portfolio following its £54.4 billion ($69 billion) purchase of VMware last year. When finalised, the EUC unit will function as a standalone company, run by its existing management team and … Read more