Nutanix, Inc.’s Chief Operating Officer, David Sangster, has been involved in significant trading of the company’s stock according to recent SEC filings. He acquired 23,234 shares of Class A Common Stock for free on June 15, 2024, and then sold 12,284 shares on the same day to cover tax obligations, generating $663,458. Additionally, Sangster sold … Read more
Broadcom announced a 10-for-1 stock split, following Nvidia’s lead. Stock splits are gaining popularity to attract shareholders. Broadcom focuses on innovation and outsourcing chip designs. The company’s revenue split between infrastructure software and semiconductor solutions bodes well for its shareholders. In its latest earnings report, Broadcom exceeded EPS estimates and reported increased non-GAAP net income … Read more
In a recent article on Fool.com, contributor Parkev Tatevosian compares NVIDIA (NASDAQ: NVDA) to Broadcom (NASDAQ: AVGO) to determine the best long-term investment. As of June 15, 2024, the stock prices were used for the comparison. When considering investing $1,000 in Nvidia stock, one should take note of a recent analysis by The Motley Fool’s … Read more
Artificial intelligence has been a hot topic in technology investing, with companies like Nvidia, Alphabet, and Microsoft making headlines. However, there is one stock that often goes unnoticed by investors – Motorola Solutions. According to Trent Masters of Alphinity Investment Management, Motorola is a strong player in the public safety market, with about 70% of … Read more
Nutanix’s Chief Financial Officer, Rukmini Sivaraman, recently engaged in a series of transactions involving the acquisition and disposal of shares of the company. Sivaraman sold Nutanix’s Class A Common Stock totaling $668,787 at prices ranging from $53.1769 to $54.53 under a pre-established trading plan to avoid insider trading accusations. Additionally, the CFO acquired shares through … Read more
Broadcom Inc. (AVGO) shares are trading higher on Monday afternoon following the company’s second-quarter financial results, strong revenue guidance, and announcement of a 10-for-1 forward stock split. In the second quarter report, Broadcom exceeded expectations with earnings per share (EPS) of $10.96, compared to estimates of $10.84, and revenue reaching $12,487 million versus the expected … Read more
analysts have updated their price target for Oracle stock following the company’s recent earnings report. The consensus among analysts is that Oracle’s strong performance in its cloud business has resulted in an upward revision of their price target for the stock. The company’s earnings report showed promising growth in its cloud services revenue, which exceeded … Read more
NVIDIA’s stock price has surged to $140, despite the US markets being closed. This increase suggests strong investor confidence in the company’s performance. Wall Street operates around the clock, allowing for price fluctuations even when regular trading hours are not in session. Investors are closely monitoring NVIDIA’s stock movement, which may indicate positive developments for … Read more
Nvidia’s stock has the potential for a 50% increase according to Rosenblatt analyst Hans Mosesmann. He raised the price target to $200 per share, the highest on the street, based on Nvidia’s strong earnings potential. Mosesmann emphasizes the importance of Nvidia’s software that complements the hardware, specifically mentioning the CUDA platform. Despite a gain of … Read more
The volatility and uncertainty of the stock market can be challenging for investors. While FAANG stocks were once seen as a safe haven, divisive stocks have become more popular in recent years. Stock splits are a way for companies to adjust their share price and number of shares without affecting market capitalization. There are two … Read more