GSA Capital Partners LLP Has $304,000 Stock Position in Exelixis, Inc. (NASDAQ:EXEL)
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Intapp, Inc. ( NASDAQ:INTA – Get Free Report ) has received an average recommendation of “Moderate Buy” from the eleven brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $53.55. Several research firms recently weighed in on INTA. UBS Group increased their target price on Intapp from $49.00 to $50.00 and gave the stock a “buy” rating in a research report on Wednesday, August 14th. JPMorgan Chase & Co. raised their target price on shares of Intapp from $52.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. Piper Sandler reaffirmed an “overweight” rating and set a $60.00 price target (up previously from $46.00) on shares of Intapp in a research report on Tuesday, November 5th. Barclays lifted their price target on shares of Intapp from $44.00 to $48.00 and gave the company an “equal weight” rating in a report on Tuesday, November 5th. Finally, Bank of America decreased their price target on shares of Intapp from $52.00 to $48.00 and set a “buy” rating on the stock in a report on Wednesday, August 14th. Get Our Latest Stock Analysis on Intapp Intapp Price Performance Intapp ( NASDAQ:INTA – Get Free Report ) last released its earnings results on Monday, November 4th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.13 by $0.08. Intapp had a negative net margin of 4.74% and a negative return on equity of 2.08%. The firm had revenue of $118.81 million during the quarter, compared to analysts’ expectations of $117.88 million. During the same period in the previous year, the company earned ($0.20) EPS. Intapp’s revenue for the quarter was up 17.0% on a year-over-year basis. As a group, analysts forecast that Intapp will post -0.14 EPS for the current year. Insider Buying and Selling at Intapp In other Intapp news, insider Thad Jampol sold 31,666 shares of the firm’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $49.09, for a total value of $1,554,483.94. Following the transaction, the insider now directly owns 772,412 shares of the company’s stock, valued at $37,917,705.08. This trade represents a 3.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, Director Ralph Baxter sold 5,000 shares of the firm’s stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $47.44, for a total value of $237,200.00. Following the completion of the transaction, the director now directly owns 5,624 shares in the company, valued at $266,802.56. This trade represents a 47.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 237,017 shares of company stock valued at $12,156,222 over the last three months. 13.02% of the stock is owned by company insiders. Institutional Trading of Intapp A number of hedge funds and other institutional investors have recently modified their holdings of INTA. J.Safra Asset Management Corp increased its position in shares of Intapp by 634.0% during the second quarter. J.Safra Asset Management Corp now owns 712 shares of the company’s stock worth $26,000 after acquiring an additional 615 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in Intapp by 239.1% in the first quarter. Advisors Asset Management Inc. now owns 824 shares of the company’s stock valued at $28,000 after buying an additional 581 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in Intapp by 1,054.0% in the third quarter. Farther Finance Advisors LLC now owns 577 shares of the company’s stock valued at $28,000 after buying an additional 527 shares during the last quarter. Blue Trust Inc. bought a new stake in Intapp in the second quarter valued at about $30,000. Finally, Comerica Bank increased its holdings in Intapp by 218.4% in the first quarter. Comerica Bank now owns 1,261 shares of the company’s stock valued at $43,000 after buying an additional 865 shares during the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors. About Intapp ( Get Free Report Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms. Recommended Stories Receive News & Ratings for Intapp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intapp and related companies with MarketBeat.com's FREE daily email newsletter .The federal government’s massive real estate footprint faces scrutiny as Tesla CEO Elon Musk and former presidential candidate Vivek Ramaswamy prepare to lead Donald Trump’s new Department of Government Efficiency, nicknamed DOGE . Their mandate to slash federal bureaucracy could reshape office markets nationwide. “The implications to the real estate industry in the U.S., now facing a pullback in federal demand, would be profound,” warned Brendan Wallace, CEO of Fifth Wall, in a CNBC interview last week. The federal government currently leases approximately 150 million square feet, costing $5 billion annually, with roughly half the leases cancelable within six months. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today. These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends While Washington D.C. would feel the heaviest impact from any federal space reduction, Wallace said the ripple effects would reach across the country. The timing proves particularly challenging for an office sector already grappling with existential questions about space demand. However, some industry experts see potential opportunities amid the disruption. “Having someone come in from outside who can understand everything technology can do may be an opportunity to save money without threatening the current workforce,” suggests David Dworkin, president of the National Housing Conference, to Housing Wire. See Also: Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today! The initiative’s strict return-to-office mandate could trigger workforce changes. Musk and Ramaswamy’s Wall Street Journal op-ed embraces potential “voluntary terminations,” while simultaneously exploring options to monetize federal real estate assets through vehicles like REITs. Beyond office space, Wallace identifies AI’s emerging influence on real estate markets as another factor. “The real estate industry is just now grappling with some of these big questions not just about how AI is going to make our business more efficient, but how it’s going to fundamentally change the business of real estate itself,” he explains. Pat Cave, senior vice president at Enterprise Community Partners, argues against assuming negative outcomes. “I think the assumption that Trump is bad for housing is false,” he told Housing Wire, citing increased housing investments during Trump’s first term. Trending: During market downturns, investors are learning that unlike equities, these high-yield real estate notes that pay 7.5% – 9% are protected by resilient assets, buffering against losses. The initiative’s exact impact remains unclear, though housing agencies already face staffing challenges. Jung Choi of the Urban Institute notes both HUD and Ginnie Mae operate understaffed, potentially complicating program implementation, particularly for natural disaster response. The potential privatization of government-sponsored enterprises adds another layer of uncertainty. “I mean, it wasn’t directly mentioned by Trump himself, but then [Mark] Calabria and other people did suggest that GSEs should be released from their conservatorship,” Choi said, pointing to possible shifts in housing finance policy under the new administration. As DOGE takes shape, its influence could extend beyond direct federal real estate holdings to shape broader market dynamics , from office demand patterns to housing policy implementation. Read Next: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things. Unlock the hidden potential of commercial real estate — This platform allows individuals to invest in commercial real estate offering a 12% target yield with a bonus 1% return boost today! © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.NEW YORK, NY, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Vito Coviello is an experienced and accomplished C-level executive, bringing a wealth of expertise in financial control and management, regulatory compliance, strategic planning, internal audit, and tax to Spartan Capital Securities. With over two decades of leadership roles at prominent financial institutions, as well as U.S. and International Government Sponsored Entities, Mr. Coviello's systemic capital markets knowledge, coupled with technical and innovative approach make him a significant addition to the Spartan team. Mr. Coviello previously served as a Financial Services Consultant, advising firms, and providing support on financial reporting, internal controls, regulatory compliance, internal audit, and tax. His career includes notable tenures at Morgan Stanley, Deloitte, Santander Investment Securities, and Fannie Mae, where he enhanced reporting, regulatory and compliance, internal controls, policy and procedures frameworks, internal audit, tax, streamlined processes, and developed cost-saving solutions. He has successfully reduced month-end close processes by implementing advanced technology solutions, designed financial reporting systems that optimized key performance indicators and achieved significant cost savings. He advised on the implementation of internal controls and regulatory reporting under SEC, FINRA, CFTC, NFA, SOX, FICCA and PCAOB rules. Spartan Capital Securities' Founder and CEO, John Lowry, commented: "We are very pleased that Vito Coviello has joined the Spartan team. Vito's extensive financial leadership, deep industry expertise, and proven track record position him as an ideal addition to our Firm, especially as we continue to evolve and grow.” About Spartan Capital Securities, LLC (SCS): Spartan Capital Securities, LLC is a full-service, integrated financial services firm that provides sound investment guidance for high-net-worth individuals and institutions. Their in-depth market knowledge, calculated risk management strategy, and investment acumen have earned them a strong reputation as trusted financial advisors. Spartan Capital's experienced investment professionals provide highly customized personal service, tailoring an asset allocation program to enable each client to meet their financial goals. Spartan Capital also offers advisory and insurance services through its affiliates, Spartan Capital Private Wealth Management, LLC and Spartan Capital Insurance Services, LLC. If you have any questions, contact: [email protected] John D. Lowry Spartan Capital Securities +1 (212) 293-0123
WASHINGTON (AP) — Former President was admitted Monday to MedStar Georgetown University Hospital in Washington after developing a fever. The 78-year-old was hospitalized in the “afternoon for testing and observation," Angel Urena, Clinton's deputy chief of staff, said in a statement. “He remains in good spirits and deeply appreciates the excellent care he is receiving,” Urena said. Clinton, a Democrat who as president from January 1993 until January 2001, the in Chicago this summer, and campaigned ahead of November's election for the unsuccessful White House bid of Democratic Vice President . In the years since Clinton left the White House, he's faced some health scares. In 2004, he underwent quadruple bypass surgery after experiencing prolonged chest pains and shortness of breath. Clinton returned to the hospital for surgery for a partially collapsed lung in 2005, and in 2010 he had a pair of stents implanted in a coronary artery. Clinton responded by embracing a largely vegan diet that saw him lose weight and report improved health. In 2021, the former president while being treated for an infection that was unrelated to COVID-19, when the pandemic was still near its height. An aide to the former president said then that Clinton had a urological infection that spread to his bloodstream, but was on the mend and never went into septic shock, a potentially life-threatening condition. The aide said Clinton was in an intensive care section of the hospital that time, but wasn’t receiving ICU care. The Associated PressNEW YORK (AP) — Sean “Diddy” Combs ‘ lawyers tried for a third time Friday to persuade a judge to let the hip-hop mogul out of jail while he awaits his sex trafficking trial, but a decision won’t come until next week as prosecutors warned of his “concerted effort” from behind bars to disrupt the case. U.S. District Judge Arun Subramanian said he’ll rule promptly on Combs’ bail request after the defense and prosecution file letters by noon Monday fleshing out some of the arguments they made during a two-hour hearing in Manhattan federal court. Combs’ lawyers pitched having him await trial under around-the-clock surveillance either at his mansion on an island near Miami Beach or — after the judge scoffed at that location — at an apartment on Manhattan’s Upper East Side. Their $50 million bail proposal, secured by his Florida home, essentially amounts to keeping Combs on house arrest instead of in custody at the troubled Brooklyn federal jail where he’s been held for 67 days since his September arrest. Under their plan, Combs’ lawyers said he’ll be under near-total restrictions on his ability to see or contact anyone but them. But prosecutors argued that no bail conditions can mitigate Combs’ “risk of obstruction and dangerousness to others.” Combs has routinely flouted jail rules while locked up at the Metropolitan Detention Center in Brooklyn, prosecutors said, accusing him of attempting to interfere with witnesses and taint the jury pool. “Really, this amounts to the defendant paying his way out of custody,” Assistant U.S. Attorney Christy Slavik told Subramanian. Defense lawyer Anthony Ricco countered that the prosecution’s portrayal of Combs as “a lawless person who doesn’t follow instructions” or “an out-of-control individual who has to be detained” is inaccurate. Another Combs lawyer, Teny Geragos, added that given the strict release conditions they’ve proposed, “it would be impossible for him not to follow rules.” Combs, 55, has pleaded not guilty to charges that he coerced and abused women for years with help from a network of associates and employees while silencing victims through blackmail and violence, including kidnapping, arson and physical beatings. His trial is slated to begin May 5. Two other judges previously concluded that the Bad Boy Records founder would be a danger to the community if he is freed, and an appeals court judge last month denied Combs’ immediate release while a three-judge panel of the 2nd U.S. Circuit Court of Appeals weighs his bail request. Friday’s hearing was the second time Combs was in court this week. On Tuesday, a judge blocked prosecutors from using as evidence papers that were seized from his cell during a jail-wide sweep for contraband and weapons. As he entered through a side door, Combs waved to relatives including his mother and several of his children in the courtroom gallery, tapping his hand to his heart and blowing kisses at them. He then hugged his lead attorney, Marc Agnifilo, before sitting at the defense table. Combs was not handcuffed or shackled and wore a beige jail uniform, occasionally pulling a pair of reading glasses from his pocket as he peered at papers in front of him. Prosecutors contend that while incarcerated the “I’ll Be Missing You” singer has orchestrated social media campaigns aimed at influencing potential jurors. They allege that he has also attempted to leak materials he believes would help his case and is contacting potential witnesses via third parties. “Simply put, the defendant cannot be trusted,” Slavik argued. In renewing their push for Combs’ release, his lawyers sought to undercut the strength of a potential key piece of evidence: a March 2016 video showing him hitting and kicking his then-girlfriend, R&B singer Cassie , in a Los Angeles hotel hallway. Prosecutors contend the assault happened during a “Freak Off,” an event in which they allege Combs used his “power and prestige” to induce female victims into drugged-up, elaborately produced sexual performances with male sex workers. Combs’ lawyers said in court papers that newly unearthed evidence refutes that, and that the video, which first aired on CNN in May, was “a minutes-long glimpse into a complex but decade-long consensual relationship” between Combs and Cassie. Slavik, responding to defense claims that the recording was manipulated or taken out of context, said prosecutors don’t have the full version because Combs paid hotel staff $100,000 “to make the original video go away.” “This is a case about violence,” Slavik told Subramanian in a final plea to keep Combs locked up. “The defendant has engaged in physical, sexual and emotional abuse of his romantic partners for years. ... He’s hit. He’s kicked. He’s dragged.”
Charter drafting process stalled
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