
Elastic ( NYSE:ESTC – Get Free Report ) had its target price hoisted by Scotiabank from $92.00 to $135.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has a “sector outperform” rating on the stock. Scotiabank’s price target points to a potential upside of 24.97% from the company’s previous close. Other research analysts have also issued reports about the stock. Piper Sandler upped their target price on shares of Elastic from $100.00 to $130.00 and gave the company an “overweight” rating in a report on Friday. The Goldman Sachs Group boosted their price target on Elastic from $99.00 to $113.00 and gave the company a “neutral” rating in a report on Friday. JPMorgan Chase & Co. raised their price objective on Elastic from $100.00 to $130.00 and gave the stock an “overweight” rating in a report on Friday. Stifel Nicolaus increased their target price on Elastic from $98.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Oppenheimer upped their price objective on shares of Elastic from $125.00 to $140.00 and gave the company an “outperform” rating in a research note on Friday. Six analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $122.00. Check Out Our Latest Report on Elastic Elastic Stock Performance Elastic ( NYSE:ESTC – Get Free Report ) last posted its earnings results on Thursday, August 29th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.10. The firm had revenue of $347.42 million for the quarter, compared to analyst estimates of $344.67 million. Elastic had a negative return on equity of 13.54% and a net margin of 4.39%. Elastic’s revenue was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.35) EPS. As a group, research analysts expect that Elastic will post -0.92 earnings per share for the current fiscal year. Insider Transactions at Elastic In related news, Director Paul R. Auvil III purchased 20,000 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The stock was acquired at an average price of $74.25 per share, with a total value of $1,485,000.00. Following the completion of the transaction, the director now owns 22,627 shares of the company’s stock, valued at $1,680,054.75. This represents a 761.32 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, CTO Shay Banon sold 2,666 shares of the company’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $70.25, for a total transaction of $187,286.50. Following the completion of the sale, the chief technology officer now directly owns 4,543,190 shares in the company, valued at $319,159,097.50. This represents a 0.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last ninety days, insiders have sold 37,406 shares of company stock valued at $2,627,772. 15.90% of the stock is currently owned by insiders. Institutional Trading of Elastic Several institutional investors and hedge funds have recently bought and sold shares of ESTC. 1832 Asset Management L.P. acquired a new stake in shares of Elastic during the second quarter worth $248,335,000. FMR LLC grew its position in shares of Elastic by 25.6% during the 3rd quarter. FMR LLC now owns 5,475,297 shares of the company’s stock valued at $420,284,000 after buying an additional 1,115,750 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in Elastic during the second quarter worth about $102,169,000. Atreides Management LP lifted its holdings in Elastic by 57.2% in the third quarter. Atreides Management LP now owns 1,687,791 shares of the company’s stock worth $129,555,000 after acquiring an additional 614,309 shares during the last quarter. Finally, Federated Hermes Inc. boosted its stake in Elastic by 32,630.2% in the second quarter. Federated Hermes Inc. now owns 615,655 shares of the company’s stock valued at $70,129,000 after acquiring an additional 613,774 shares during the period. Institutional investors and hedge funds own 97.03% of the company’s stock. Elastic Company Profile ( Get Free Report ) Elastic N.V., a data analytics company, delivers solutions designed to run in public or private clouds in multi-cloud environments. It primarily offers Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data. Further Reading Five stocks we like better than Elastic Are These Liquid Natural Gas Stocks Ready For An Upside Bounce? Vertiv’s Cool Tech Makes Its Stock Red-Hot Using the MarketBeat Dividend Yield Calculator MarketBeat Week in Review – 11/18 – 11/22 How to Calculate Stock Profit 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for Elastic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Elastic and related companies with MarketBeat.com's FREE daily email newsletter .
Schumer joins Madison County officials to promote telehealth voteSouth Korean authorities seek warrant to detain impeached president
Coastal Carolina wins 75-53 against WarnerTrump transition recommends scrapping car-crash reporting
Libra Monthly Horoscope for December, 2024 predicts increased incomeDo you know who Austen Pleasants or Charlie Heck are? Don’t worry about it. Before this week, I didn’t either, and knowing practice-squad-level offensive linemen is my thing. Either way, we’ll likely hear their names often on Monday Night Football, as one of those newcomers will be protecting 49ers’ quarterback Brock Purdy’s blindside against the Lions. The other might be bookending him at the opposite tackle spot. Best of luck out there, 13! But that’s not all, folks. By extrapolating the way the season has gone for the 49ers into Monday, don’t be surprised if we see a third offensive-line newcomer — interior lineman Matt Hennessy — against the Lions. Yes, a bad situation first turned worse for the 49ers, and now it’s turned downright cruel, with potentially three players who were acquired (on waivers and poached from practice squads) protecting their potentially $60 million man. And with the 49ers having nothing to play for in the standings, it’s enough to make you wonder if Kyle Shanahan should even bother playing Purdy — or any of the Niners’ other top players, for that matter — this week or next. After all, if these next two weeks are, effectively, preseason football for 2025, shouldn’t the 49ers head coach treat them as such? (As a refresher, Shanahan hates the preseason and would, in an ideal world, not play anyone who could potentially make the 53-man roster.) This is the first time the 49ers have faced truly meaningless games in years — going back to the pandemic 2020 season — so it’s a fair question. But I think it should be saved for the season’s final week, when both the Cardinals and 49ers will play a game that both teams would be better off losing. Yes, so long as there is one team in a game with something to play for in the standings — for the Lions, that’s a shot at the No. 1 seed in the NFC – it’s incumbent on the 49ers to maintain a code of professionalism and put something close to their best out on the field. So unless you’re injured, you’re going into harm’s way. “Welcome to the reality of the world,” Shanahan said Thursday. The game might not always mean anything as it releases to the playoffs, but the beauty of the NFL is that every game — no, every snap — is an opportunity to show your worth. “This is your job... Teams all over the league are in this situation. You’ve still got to go out there and perform the same way.” “You get 17 checks for 17 games.” And, for the record, Purdy said this week that he’s “100 percent healthy.” So, yes, he’s playing. And that should remain the case until the Lions open up an insurmountable lead on Monday. (We might not have to wait long.) Not just because of the code of professionalism or pride but also because there is still something to be gleaned from Purdy’s performance. As I wrote a few weeks back, the season’s final games would be a referendum on Purdy . The 49ers will sign him this offseason, but how the team and fan base feel about that new contract will be determined by what Purdy has done for the 49ers lately. I don’t need to tell you that the fan base isn’t too keen on Purdy signing a record-breaking, market-setting deal. Reaching that standard might never happen — the mere concept of a $60 million quarterback has folks’ heads spinning (even though with recent-season salary-cap growth, it’d be the equivalent of Jimmy Garoppolo’s record-setting contract from 2018). But Purdy performing at a high level on Monday could sway at least the rational amongst us. Not only would he be doing that with a makeshift (if that) offensive line and a second-string receiver group (we’ll see if Deebo Samuel shows up again on Monday), but he’d have done it against the kind of defense that has stymied him this entire season. The way to beat the 49ers and Purdy is to play man coverage and blitz in strange and confusing ways. The Lions play more man coverage than anyone else in the NFL and have been blitzing like crazy in recent weeks. It all makes Monday something close to a perfect data point. Yes, the circumstances are hardly ideal for Purdy, but a $60 million quarterback is expected to smooth at least some of the issues the Niners will face. And wouldn’t it be good to know if Purdy can beat man-to-man coverage? Monday’s game would leave zero doubt if he flails and be one hell of a negotiating point for him if he succeeds. And beyond all of that, the Niners quarterback needs to develop some rhythm, chemistry, and verve with this offense heading into next season. It’s not all his fault that the Niners have regressed to the point where this game is meaningless for San Francisco, but he needs to be part of the solution. Can he get something going with Ricky Pearsall? Can he keep George Kittle in that deserved first-team All-Pro spot? Can he help buy another year of Deebo Samuel in Niners’ red? Can he help one of these new offensive linemen land a job with the Niners (or another team) next season? If the risk of injury is deemed too high, then we might as well never practice or play football again. Call the NFL and ESPN and tell them the game is canceled—the Niners can’t win the Super Bowl, so they’re taking their ball and staying home. Because above everything else, it does comes down to professionalism. Is this effectively the preseason? Sure. But you’re not paid for the preseason — you merely earn a per diem for those games. On Monday night, everyone will receive a handsome check for their services. Even Purdy, the lowly-paid quarterback, will earn close to $60,000 for his work week. That’s enough to pay off two-thirds of one of those new trucks he bought his offensive linemen. Yes, being in the NFL is a great job, if you can get it. And the surest way to lose it is to take it for granted. ©2024 MediaNews Group, Inc. Visit at mercurynews.com. Distributed by Tribune Content Agency, LLC.Americans spent a staggering $10bn online shopping on Black Friday while in-store purchases continued to dip, according to analysts. This year, consumers took advantage of deals from Amazon and Walmart to purchase desktops, laptops and phones, while sales at Best Buy and Target were stagnant. Overall, online sales rose only slightly from $10.2bn in 2023 to $10.8bn in 2024, according to an analysis from Adobe Inc. However, Salesforce , which tracks a separate selection of spending categories, reported that US online sales rose 7 percent on Friday to $17.5bn. “Crossing the $10bn mark is a big e-commerce milestone for Black Friday, for a day that in the past was more anchored towards in-store shopping,” Vivek Pandya, lead analyst at Adobe Digital Insights, said in a statement. “And with consumers getting more comfortable with everything from mobile shopping to chatbots, we have tailwinds that can prop up online growth for Black Friday moving forward.” Between the hours of 10 a.m. and 2 p.m., shoppers spent $11.3m every minute with consumers purchasing more home appliances and furniture online, the company announced. Salesforce said it analyzed the activity of more than 1.5 billion global shoppers. Some top-selling products included makeup, skincare and hair care products. Bluetooth speakers and espresso machines were also highly sought-after products. Online-only retailers like Shein and Temu saw a growth in sales in the seven days through Friday compared to a year earlier, Reuters reported. In-store purchases have only grown 0.7 percent year-over-year, according to Mastercard. Facteus reported that sales this year declined. Shoppers were more likely to visit stores to search for merchandise and deals than to spend their money in them. Despite inflation, Michelle Meyer, chief economist at Mastercard Economics Institute, told Reuters that popular holiday purchases, like clothing, appliances, sporting goods, personal care products and jewelry are increasing modestly or declining in price over the last year. It’s predicted that big department stores like Macy’s and Kohl’s might see “muted” sales this year, the outlet reported.Trump calls for end to 'spring forward, fall back' clock changes
Eyes of the energy world on Australian vanadium battery techIn what can be consider as a historic day for the Odisha Vigilance, it witnessed a total of 6 convictions in a day (Corruption, Trap & Da) during which 14 ACCUSED PERSONS were convicted and given different jail terms by the Vigilance courts today. A many as 14 accused persons including 5 Sarpanches, 2 AEs, 1 Accountant, 1 Tax Collector and 5 others were convicted in different Vigilance cases today. Have a look at the cases and convictions of today: I) 5 FORMER SARAPANCHES UNDER UDALA BLOCK, DIST-MAYURBHANJ AND ONE ELECTRICAL SUPPLIER (PRIVATE PERSON) CONVICTED IN VIGILANCE CORRUPTION CASE II) FORMER AE, ITDA, CHAMPUA, KEONJHAR, 2) FORMER JE, ITDA, CHAMPUA, KEONJHAR (A/P-AE (CIVIL), MAHANADI NORTH DIVISION, JAGATPUR, CUTTACK AND ONE PRIVATE PERSON CONVICTED IN VIGILANCE CORRUPTION CASE AND SENT TO JAIL. III) FORMER LAW MOHARIR-CUM-TAX COLLECTOR, CUTTACK MUNICIPAL CORPORATION, CUTTACK CONVICTED IN VIGILANCE CORRUPTION CASE AND SENT TO JAIL. IV) CITY LEVEL TECHNICAL CELL (CLTC), PROFESSIONAL AT DRDA-CUMDUDA, ANGUL CONVICTED IN VIGILANCE TRAP CASE AND SENT TO JAIL. V) FORMER ACCOUNTANT, O/O DFO (TERRITORIAL), SUNDARGARH CONVICTED IN DA CASE. VI) FORMER AREA MANAGER AND FORMER DEPOT IN-CHARGE, BOTH OF MARKFED, JAGANNATHPUR, GANJAM CONVICTED IN VIGILANCE CORRUPTION CASE.Former president Jimmy Carter was ahead of his time as climate trailblazer
Conservationists eager for plan to save rare eastern wolf in Quebec, Ontario
TAMPA, Fla. (AP) — Jake Evans scored for the career-high fifth consecutive game and the surging Montreal Canadiens beat the Tampa Bay Lightning 5-2 on Sunday night. Christian Dvorak, Joel Armia, Brendan Gallagher and Alex Newhook also scored to help the Canadiens win for the fifth time in six games. Sam Montembeault made 21 saves. Nikita Kucherov and Brandon Hagel scored for Tampa Bay. Jonas Johansson stopped 31 shots. Newhook opened the scoring on a one-timer midway through the first period. Hagel tied it 37 seconds into the second period, but Dvorak and Evans scored 5:54 apart in the period for a two-goal Montreal lead they would not relinquish. SABRES 4, BLUES 2 ST. LOUIS (AP) — Jason Zucker scored a tiebreaking power-play goal with 9:30 remaining and Buffalo notched their third straight victory by beating St. Louis. Jiri Kulich extended Buffalo’s lead with a breakaway goal that went between Blues goalie Jordan Binnington’s legs with 3:41 to play. Tage Thompson had a goal and an assist against his former team as the Sabres won in St. Louis for just the second time in 12 years to sweep the season series. Zucker had a goal and an assist, and Jack Quinn had two assists for Buffalo. Ukko-Pekka Luukkonen stopped 35 shots. Brayden Schenn and Nathan Walker scored for the Blues. Binnington had 12 saves. Buffalo scored on two of its first three shots, including its first of the game. DUCKS 5, OILERS 3 ANAHEIM, Calif. (AP) — Ryan Strome scored with 2:36 remaining as Anaheim rallied from a two-goal deficit in the second period to defeat Edmonton. Strome’s goal, his sixth of the season, originally wasn’t called, but it was reversed after a review. Strome’s shot was entirely over the goal line before Edmonton goalie Calvin Pickard could stop it with his skate. Mason McTavish added an empty-net goal. It is the first time since March 30, 2019, the Ducks have defeated the Oilers by more than one goal. Cutter Gauthier, McTavish and Robby Fabbri each had a goal and an assist. Drew Helleson also scored for Anaheim, which snapped a seven-game losing streak to Edmonton. Lukas Dostal made 20 saves. Leon Draisaitl had two goals and Connor McDavid two assists for the Oilers, who were 3-0-1 in their past four. Evan Bouchard also tallied a goal and Pickard stopped 27 shots. RED WINGS 4, CAPITALS 2 DETROIT (AP) — Patrick Kane reached the 1,300-point mark and Todd McLellan won for the first time as Detroit’s coach in their victory over Washington. Kane, who needed two points to reach that mark, had a power-play goal and assist during Detroit’s four-goal first period. Alex DeBrincat scored two goals and Lucas Raymond added another as the Red Wings snapped a four-game losing streak. Alex Lyon made 26 saves. McLellan replaced Derek Lalonde prior to Friday’s loss to Toronto . Alex Ovechkin scored for the second consecutive game after missing the previous 16 due to a fractured fibula . The Capitals star forward is 25 goals shy of passing Wayne Gretzky’s NHL record of 894 . Nic Dowd had the other Capitals goal. Charlie Lindgren made 23 saves but Washington remained one point behind first-place New Jersey in the Eastern Conference. PENGUINS 3, ISLANDERS 2 PITTSBURGH (AP) — Sidney Crosby broke Mario Lemieux’s Pittsburgh franchise career record for assists on Michael Bunting’s power-play goal and the Penguins beat New York. Crosby has 1,034 assists, good for 12th in NHL history. Only three players — Ray Bourque, Wayne Gretzky and Steve Yzerman — have more assists with a single team. The 37-year-old Crosby has played 1,310-regular-season games. Lemieux played 915. Evgeni Malkin added the deciding power-play goal in the third for Pittsburgh, which has 14 goals with the man advantage in its last 13 games. Anthony Beauvillier also scored to help the Penguins win for the seventh time in their last eight home games. Alex Nedeljkovic made 29 saves in his first start since Dec. 17. Kris Letang missed the game because of a lower-body injury, and defenseman Nathan Clurman made his NHL debut. Anders Lee and Bo Horvat scored third-period goals for the Islanders, who fell behind 3-0 before their rally fell short. Marcus Hogberg stopped 38 shots during his first start since April 28, 2021. GOLDEN KNIGHTS 3, FLAMES 0 LAS VEGAS (AP) — Brett Howden scored his 15th goal of the season and Ilya Samsonov stopped 31 shots as Vegas Golden defeated Calgary. Howden redirected defenseman Alex Pietrangelo’s shot from the top of the slot late in the second period and is now tied with Ivan Barbashev for the team lead in goals. Howden has scored a goal in four of the last five games. Victor Olofsson and Tanner Pearson also scored for the Golden Knights, who have shut out Calgary twice this season, beating them 5-0 on Oct. 28 . Dan Vladar made 34 saves for Calgary. The Golden Knights have now won six straight, the longest active win streak in the NHL, while improving to 25-8-3 on the year. They own a 13-2-1 record against Pacific Division opponents. SENATORS 3, WILD 1 ST. PAUL, Minn. (AP) — Josh Norris broke a tie on a power play with 7:18 left, Leevi Merilainen made 30 saves in his fifth NHL game and Ottawa beat Minnesota. Ottawa has won seven of its past nine games, while the Wild have lost five of their past seven. The Senators won in Minnesota for the first time since 2016. With starter Linus Ullmark and backup Anton Forsberg out with injuries, the Senators have been relying on Merilainen and Mads Sogaard since before the NHL holiday break. Frederick Gaudreau opened the scoring for Minnesota late in the first period. Ridly Greig tied it early in the second. Claude Giroux added an empty-netter. STARS 5, BLACKHAWKS 1 CHICAGO (AP) — Matt Duchene and Jamie Benn each had a goal and two assists, and Dallas beat Chicago. Jason Robertson, Evgenii Dadonov and Wyatt Johnston each had a goal and an assist for Dallas, which had lost three of four. Jake Oettinger made 24 saves. Chicago dropped its fourth consecutive game. It lost three of four in its season series against Dallas. Connor Bedard scored his 10th goal for the Blackhawks, and Arvid Soderblom made 26 stops. Next up for Bedard and company is the Winter Classic on Tuesday against St. Louis. Dallas grabbed control after Chicago forward Tyler Bertuzzi was ejected 8:11 into the second period. Bertuzzi was sent off for elbowing Stars forward Colin Blackwell in the face.FBI investigating a rise in cryptocurrency scams as popularity risesBitcoin investors are eyeing Rollblock as the next 1000x growth token, riding its early-stage presale fever before the profit-taking phase kicks in. With the cryptocurrency sector moving to innovative, high-growth projects, Rollblock's blockchain technology paired with internet gambling is attracting attention. As it moves through its presale stages, interest in Rollblock indicates investors are betting big on its future potential. Bitcoin Nears $100K Amid Optimism for Crypto-Friendly Regulation Bitcoin might quickly cross the $100,000 mark 2 years after the plunge beneath $17,000 which followed FTX's collapse. This sharp rally comes amid optimism that the new Trump administration will relax regulatory standards for crypto-friendly entities. Industry players hope Trump will in reality act on his campaign promise to help make the U.S. "the crypto capital of the planet" and begin a strategic reserve of Bitcoin. His win in the U.S. presidential election gave Bitcoin fans renewed confidence in its future after promising to relieve regulatory obstacles and also help the digital currency expand. This has produced an expanding legitimacy for Bitcoin, which is still a favorite amongst retail investors. This decentralized nature of ownership is exemplified by information from the Block that 88.07% of Bitcoin's circulating supply is owned by retail investors. Indicating additional institutional interest, the launch of BlackRock's Bitcoin ETF saw a record $1.9 billion in notional value traded on its debut. Regardless of concerns that Bitcoin would become centralized, the ETF launch lowers barriers to entry for everyday investors, keeping Bitcoin accessible to everyone. Why Rollblock’s $0.036 Presale Price is a Golden Investment Opportunity Rollblock is fast transforming into the next big thing in the online gambling space, which is estimated to hit over $500 billion. Dedicated to transparency, Rollblock utilizes blockchain to provide over 7,000 provably fair games—a great platform for players searching for a transparent gaming experience. All betting odds, transactions, and other essential data are recorded and can not be changed or manipulated using blockchain. This transparent approach resolves some of the major issues facing online gambling—cheating—and differentiates Rollblock from its competitors. Rollblock's crucial innovation is its revenue-sharing model: token owners get a cut of the platform's earnings. This ensures users get excellent gaming and benefit directly from the platform's growth. Rollblock balances player interests with the long-term success of the platform. Further enhancing its appeal, Rollblock's smart tokenomics include a deflationary strategy: 30% of casino revenue is used to buy back tokens, with 60% burned to reduce supply, and 40% distributed to stakers. This strategy enhances scarcity and value while offering consistent returns for participants. Currently priced at just $0.036 in its 8th presale stage, Rollblock presents a compelling opportunity for investors looking to get in on the ground floor of a project that promises both long-term growth and rewarding engagement. Discover the exciting opportunities of the Rollblock (RBLK) presale today! Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
These new Texas laws go into effect in 2025Swiss National Bank reduced its holdings in shares of Cabot Co. ( NYSE:CBT – Free Report ) by 1.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 107,900 shares of the specialty chemicals company’s stock after selling 1,300 shares during the period. Swiss National Bank’s holdings in Cabot were worth $12,060,000 as of its most recent SEC filing. A number of other hedge funds have also made changes to their positions in CBT. Acadian Asset Management LLC raised its holdings in Cabot by 8.8% in the first quarter. Acadian Asset Management LLC now owns 2,464 shares of the specialty chemicals company’s stock valued at $226,000 after acquiring an additional 199 shares in the last quarter. Lazard Asset Management LLC raised its stake in shares of Cabot by 460.6% in the 1st quarter. Lazard Asset Management LLC now owns 2,007 shares of the specialty chemicals company’s stock valued at $185,000 after purchasing an additional 1,649 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Cabot by 4.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 38,375 shares of the specialty chemicals company’s stock valued at $3,539,000 after purchasing an additional 1,788 shares in the last quarter. Tidal Investments LLC grew its stake in Cabot by 101.7% in the first quarter. Tidal Investments LLC now owns 18,107 shares of the specialty chemicals company’s stock worth $1,669,000 after purchasing an additional 9,131 shares in the last quarter. Finally, Delphi Management Inc. MA grew its stake in Cabot by 218.8% in the first quarter. Delphi Management Inc. MA now owns 17,201 shares of the specialty chemicals company’s stock worth $1,586,000 after purchasing an additional 11,805 shares in the last quarter. Institutional investors and hedge funds own 93.18% of the company’s stock. Insider Activity In related news, CEO Sean D. Keohane sold 25,617 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $101.55, for a total value of $2,601,406.35. Following the sale, the chief executive officer now directly owns 331,174 shares in the company, valued at $33,630,719.70. This trade represents a 7.18 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, EVP Hobart Kalkstein sold 34,759 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $115.23, for a total value of $4,005,279.57. Following the transaction, the executive vice president now owns 50,627 shares of the company’s stock, valued at $5,833,749.21. This trade represents a 40.71 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 93,398 shares of company stock valued at $10,188,968. Insiders own 3.07% of the company’s stock. Wall Street Analyst Weigh In Read Our Latest Report on CBT Cabot Stock Up 1.6 % Shares of Cabot stock opened at $110.36 on Friday. The stock has a market capitalization of $6.00 billion, a price-to-earnings ratio of 16.37, a PEG ratio of 0.93 and a beta of 1.20. Cabot Co. has a twelve month low of $70.63 and a twelve month high of $117.46. The company has a current ratio of 2.08, a quick ratio of 1.36 and a debt-to-equity ratio of 0.68. The business’s 50 day simple moving average is $110.81 and its 200-day simple moving average is $102.67. Cabot ( NYSE:CBT – Get Free Report ) last posted its earnings results on Monday, November 4th. The specialty chemicals company reported $1.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.81 by ($0.01). Cabot had a net margin of 9.51% and a return on equity of 26.60%. The company had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the business posted $1.65 earnings per share. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. Equities research analysts forecast that Cabot Co. will post 7.67 earnings per share for the current year. Cabot Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be paid a $0.43 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.72 annualized dividend and a dividend yield of 1.56%. Cabot’s payout ratio is currently 25.52%. About Cabot ( Free Report ) Cabot Corporation operates as a specialty chemicals and performance materials company. The company operates through two segments, Reinforcement Materials and Performance Chemicals. It offers reinforcing carbons that are used in tires as a rubber reinforcing agent and performance additive, as well as in industrial products, such as hoses, belts, extruded profiles, and molded goods; and engineered elastomer composites solutions. Recommended Stories Want to see what other hedge funds are holding CBT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cabot Co. ( NYSE:CBT – Free Report ). Receive News & Ratings for Cabot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cabot and related companies with MarketBeat.com's FREE daily email newsletter .
Opinion: Jimmy Carter Represented Christianity in Politics at its BestPresident-elect Donald Trump is poised to choose prominent investor Scott Bessent as the U.S. Treasury Secretary, according to sources who informed Reuters on Friday. The Trump transition team has not commented on the matter. Industry leaders have shown strong support for Bessent's potential appointment. John Paulson, founder of Paulson & Co, praised him as an outstanding pick, highlighting his financial acumen and market experience. Other experts, including JJ Kinahan and Quincy Krosby, emphasized Bessent's deep understanding of market policies and economic strategies. Lindsey Johnson, CEO of the Consumer Bankers Association, lauded Bessent's advocacy for small business optimism and deregulatory measures. His confirmation could bring significant changes, with many looking forward to his impact on financial regulatory policies to bolster support for consumers and the broader economy. (With inputs from agencies.)Travis Hunter and Ashton Jeanty give this year's Heisman Trophy ceremony a different vibe
Puneri Paltan Beat Bengal Warriorz 51-34 In PKL 11Exclusive-Major cloud providers could get key role in AI chip access outside the US – sources
Purdue Fort Wayne defeats Green Bay 83-67
How To Leverage STEM Education In Africa: Unlocking Potential For A Brighter Future
— Oct. 1, 1924: James Earl Carter Jr. is born in Plains, Georgia, son of James Sr. and Lillian Gordy Carter. — June 1946: Carter graduates from the U.S. Naval Academy. — July 1946: Carter marries Rosalynn Smith, in Plains. They have four children, John William (“Jack”), born 1947; James Earl 3rd (“Chip”), 1950; Donnel Jeffrey (Jeff), 1952; and Amy Lynn, 1967. — 1946-1953: Carter serves in a Navy nuclear submarine program, attaining rank of lieutenant commander. — Summer 1953: Carter resigns from the Navy, returns to Plains after father’s death. — 1953-1971: Carter helps run the family peanut farm and warehouse business. — 1963-1966: Carter serves in the Georgia state Senate. — 1966: Carter tries unsuccessfully for the Democratic gubernatorial nomination. — November 1970: Carter is elected governor of Georgia. Serves 1971-75. — Dec. 12, 1974: Carter announces a presidential bid. Atlanta newspaper answers with headline: “Jimmy Who?” — January 1976: Carter leads the Democratic field in Iowa, a huge campaign boost that also helps to establish Iowa’s first-in-the-nation caucus. — July 1976: Carter accepts the Democratic nomination and announces Sen. Walter Mondale of Minnesota as running mate. — November 1976: Carter defeats President Gerald R. Ford, winning 51% of the vote and 297 electoral votes to Ford’s 240. — January 1977: Carter is sworn in as the 39th president of the United States. On his first full day in office, he pardons most Vietnam-era draft evaders. —September 1977: U.S. and Panama sign treaties to return the Panama Canal back to Panama in 1999. Senate narrowly ratifies them in 1978. — September 1978: Egyptian President Anwar Sadat, Israeli Prime Minister Menachem Begin and Carter sign Camp David accords, which lead to a peace deal between Egypt and Israel the following year. — June 15-18, 1979: Carter attends a summit with Soviet President Leonid Brezhnev in Vienna that leads to the signing of the SALT II treaty. — November 1979: Iranian militants storm the U.S. Embassy in Tehran, taking 52 hostages. All survive and are freed minutes after Carter leaves office in January 1981. — April 1980: The Mariel boatlift begins, sending tens of thousands of Cubans to the U.S. Many are criminals and psychiatric patients set free by Cuban leader Fidel Castro, creating a major foreign policy crisis. — April 1980: An attempt by the U.S. to free hostages fails when a helicopter crashes into a transport plane in Iran, killing eight servicemen. — Nov. 4, 1980: Carter is denied a second term by Ronald Reagan, who wins 51.6% of the popular vote to 41.7% for Carter and 6.7% to independent John Anderson. — 1982: Jimmy and Rosalynn Carter co-found The Carter Center in Atlanta, whose mission is to resolve conflicts, protect human rights and prevent disease around the world. — September 1984: The Carters spend a week building Habitat for Humanity houses, launching what becomes the annual Carter Work Project. — October 1986: A dedication is held for The Carter Presidential Center in Atlanta. The center includes the Carter Presidential Library and Museum and Carter Center offices. — 1989: Carter leads the Carter Center’s first election monitoring mission, declaring Panamanian Gen. Manuel Noriega’s election fraudulent. — May 1992: Carter meets with Mikhail and Raisa Gorbachev at the Carter Center to discuss forming the Gorbachev Foundation. — June 1994: Carter plays a key role in North Korea nuclear disarmament talks. — September 1994: Carter leads a delegation to Haiti, arranging terms to avoid a U.S. invasion and return President Jean-Bertrand Aristide to power. — December 1994: Carter negotiates tentative cease-fire in Bosnia. — March 1995: Carter mediates cease-fire in Sudan’s war with southern rebels. — September 1995: Carter travels to Africa to advance the peace process in more troubled areas. — December 1998: Carter receives U.N. Human Rights Prize on 50th anniversary of the Universal Declaration of Human Rights. — August 1999: President Bill Clinton awards Jimmy and Rosalynn Carter the Presidential Medal of Freedom. — September 2001: Carter joins former Presidents Ford, Bush and Clinton at a prayer service at the National Cathedral in Washington after Sept. 11 attacks. — April 2002: Carter’s book “An Hour Before Daylight: Memories of a Rural Boyhood” chosen as finalist for Pulitzer Prize in biography. — May 2002: Carter visits Cuba and addresses the communist nation on television. He is the highest-ranking American to visit in decades. — Dec. 10, 2002: Carter is awarded the Nobel Peace Prize for his “untiring effort to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development.” — July 2007: Carter joins The Elders, a group of international leaders brought together by Nelson Mandela to focus on global issues. — Spring 2008: Carter remains officially neutral as Sens. Barack Obama and Hillary Rodham Clinton battle each other for the Democratic presidential nomination. — April 2008: Carter stirs controversy by meeting with the Islamic militant group Hamas. — August 2010: Carter travels to North Korea as the Carter Center negotiates the release of an imprisoned American teacher. — August 2013: Carter joins President Barack Obama and former President Bill Clinton at the 50th anniversary of the Rev. Martin Luther King Jr.’s “I Have A Dream” speech and the March on Washington. — Oct. 1, 2014: Carter celebrates his 90th birthday. — December 2014: Carter is nominated for a Grammy in the best spoken word album category, for his book “A Call To Action.” — May 2015: Carter returns early from an election observation visit in Guyana — the Carter Center’s 100th — after feeling unwell. — August 2015: Carter has a small cancerous mass removed from his liver. He plans to receive treatment at Emory Healthcare in Atlanta. — August 2015: Carter announces that his grandson Jason Carter will chair the Carter Center governing board. — March 6, 2016: Carter says an experimental drug has eliminated any sign of his cancer, and that he needs no further treatment. — May 25, 2016: Carter steps back from a “front-line” role with The Elders to become an emeritus member. — July 2016: Carter is treated for dehydration during a Habitat for Humanity build in Canada. — Spring 2018: Carter publishes “Faith: A Journey for All,” the last of 32 books. — March 22, 2019: Carter becomes the longest-lived U.S. president, surpassing President George H.W. Bush, who died in 2018. — September 18, 2019: Jimmy and Rosalynn Carter deliver their final in-person annual report at the Carter Center. — October 2019: At 95, still recovering from a fall, Carter joins the Work Project with Habitat for Humanity in Nashville, Tennessee. It’s the last time he works personally on the annual project. — Fall 2019-early 2020: Democratic presidential hopefuls visit, publicly embracing Carter as a party elder, a first for his post-presidency. — November 2020:The Carter Center monitors an audit of presidential election results in the state of Georgia, marking a new era of democracy advocacy within the U.S. — Jan. 20, 2021: The Carters miss President Joe Biden’s swearing-in, the first presidential inauguration they don’t attend since Carter’s own ceremony in 1977. The Bidens later visit the Carters in Plains on April 29. — Feb. 19, 2023: Carter enters home hospice care after a series of short hospital stays. — July 7, 2023: The Carters celebrate their 77th and final wedding anniversary. — Nov. 19, 2023: Rosalynn Carter dies at home, two days after the family announced that she had joined the former president in receiving hospice care. — Oct. 1, 2024 — Carter becomes the first former U.S. president to reach 100 years of age , celebrating at home with extended family and close friends. — Oct. 16, 2024 — Carter casts a Georgia mail ballot for Democratic presidential nominee Kamala Harris, having told his family he wanted to live long enough to vote for her. It marks his 21st presidential election as a voter. — Dec. 29, 2024: Carter dies at home.