Coface Stock (OTC:CFACY), Trade Ideas

Coface SA is a property and casualty insurance company. The vast majority of its revenue is generated by its group reinsurance business. Most of the company's sales are generated in Europe. The company offers credit insurance products to protect companies against potentially uncollected payments from their customers. Coface's strategy focuses on risk management. The company considers merger and acquisition investment as a component of its operational growth strategy.

Coface SA

WIIM

ATNI

ATN International shares are trading lower after the company reported worse-than-expected Q1 revenue results and cut FY24 revenue guidance below estimates.

Kirby shares are trading higher after the company reported better-than-expected Q1 EPS and sales.

Benchmark analyst Kurt Hallead reiterates Helmerich &amp; Payne (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HP#NYSE">HP</a>) with a Hold.

News

Reiteration

Analyst Ratings

Benchmark Reiterates Hold on Helmerich & Payne

Tryp Therapeutics Inc. (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/TRYPF#OTCQB">TRYPF</a>), a Canadian biotech leader in <a href="https://www.benzinga.com/markets/psychedelics" target="_blank" rel="noreferrer noopener">psychedelics</a>, has officially received approval from Exopharm Limited shareholders for their strategic merger, paving the way for a new entity, Tryptamine Therapeutics Limited.
<h3 class="wp-block-heading">Key Merger Dates And Trading Halt</h3>
This approval follows a decisive plan of arrangement <a href="https://www.benzinga.com/markets/cannabis/23/12/36182511/merger-alert-tryp-therapeutics-signs-with-australian-drug-delivery-innovator-details-here" target="_blank" rel="noreferrer noopener">initially inked in December last year</a>. The completion is set for May 1, 2024, with trading anticipated to commence on the Australian Securities Exchange (ASX) under the ticker &#8220;TYP&#8221; by mid-May.
In preparation for this transition, Tryp will voluntarily halt trading of its shares on the Canadian Securities Exchange and the OTCQB Venture Market starting April 29, 2024. Following the merger, Tryp shares will be delisted as the company transitions fully to the ASX platform.
<h3 class="wp-block-heading">Merger Details And Shareholder Benefits</h3>
The arrangement, valued at approximately CA$12.8 million ($9.3 million), offers Tryp shareholders a significant premium on their investment, with Exopharm issuing 4.52 ordinary shares for each Tryp share. This merger marks a significant premium based on previous closing prices and aligns with Tryp&#8217;s strategic vision to enhance shareholder value and expand its clinical programs.
<h3 class="wp-block-heading">Strategic Goals And Expansion Into The Australian Market</h3>
When the plan of arrangement was announced in December, Tryp's CEO Jason Carroll, highlighted the merger as a milestone that &#8220;heralds a new era,&#8221; aiming to leverage the combined strength of both companies to enhance access to capital and respond dynamically to Australia's evolving psychedelics regulations.
This strategic expansion into the <a href="https://www.benzinga.com/markets/cannabis/23/05/32564465/building-australias-psychedelics-industry-a-new-joint-venture-and-why-its-important" target="_blank" rel="noreferrer noopener">Australian market</a> comes as both companies aim to solidify their footprint in the global biotech landscape, benefiting from Australia&#8217;s robust platform for biotechnological advancements.
<h3 class="wp-block-heading">Action Required For Shareholders</h3>
Registered Tryp shareholders are urged to complete the necessary formalities by submitting their shares and the related letter of transmittal to Computershare Investor Services Inc., as outlined in the company&#8217;s guidance.
Related News
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/01/36618728/psyched-100m-for-mdma-therapy-va-funds-2024-watchlist-reform-updates-and-more" target="_blank" rel="noreferrer noopener">Psyched: $100M For MDMA Therapy, VA Funds, 2024 Watchlist, Reform Updates And More</a></li>
<li><a href="https://www.benzinga.com/markets/cannabis/24/01/36543841/tryp-therapeutics-explores-psilocybins-potential-in-new-trials-to-treat-ibs-and-fibromyalgia" target="_blank" rel="noreferrer noopener">Tryp Therapeutics Explores Psilocybin&#8217;s Potential In New Trials To Treat IBS And Fibromyalgia</a></li>
</ul>

Cannabis

Psychedelics

TRYPF

Tryp Therapeutics Set To Finalize Merger With Exopharm, Announces Trading Halt Ahead Of ASX Listing

Cemex shares are trading lower after the company reported worse-than-expected Q1 sales results.

Moelis shares are trading lower after the company missed Q1 revenue estimates.

UBS analyst Joshua Spector maintains Methanex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEOH#NASDAQ">MEOH</a>) with a Buy and raises the price target from $59 to $62.

Price Target

MEOH

UBS Maintains Buy on Methanex, Raises Price Target to $62

Over the past 24 hours, Ethereum Classic's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/etc/usd">ETC</a>) price has fallen 4.45% to $26.03. This continues its negative trend over the past week where it has experienced a 0.0% loss, moving from $26.11 to its current price. 
The chart below compares the price movement and volatility for Ethereum Classic over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1714057427_0.png" alt="price_chart" />
Ethereum Classic's trading volume has climbed 8.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.0%. This brings the circulating supply to 146.73 million, which makes up an estimated 69.64% of its max supply of 210.70 million. According to our data, the current market cap ranking for ETC is #29 at $3.83 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1714057427_1.png" alt="supply_and_vol" />
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Markets

Movers

Trading Ideas

$ETC

Cryptocurrency Ethereum Classic Down More Than 4% Within 24 hours

Benchmark analyst David Williams reiterates MaxLinear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXL#NASDAQ">MXL</a>) with a Buy and maintains $28 price target.

Benchmark Reiterates Buy on MaxLinear, Maintains $28 Price Target

Options

SNAP

Snap Option Alert: Jun 21 $7 Puts Sweep (23) near the Bid: 2000 @ $0.141 vs 6288 OI; Ref=$10.925

Polygon's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/matic/usd">MATIC</a>) price has decreased 3.02% over the past 24 hours to $0.70. This is contrary to the coins performance over the past week where it has experienced an up-trend of 3.0%, moving from $0.69 to its current price.
The chart below compares the price movement and volatility for Polygon over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1714057358_0.png" alt="price_chart" />
The trading volume for the coin has increased 2.0% over the past week while the overall circulating supply of the coin has increased 0.45% to over 9.28 billion which makes up an estimated 92.83% of its max supply, which is 10.00 billion. The current market cap ranking for MATIC is #20 at $6.57 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1714057358_1.png" alt="supply_and_vol" />
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

$MATIC

Polygon Falls More Than 3% In 24 hours

Grown Rogue International Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/GRIN#CSE">GRIN</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GRUSF#OTC">GRUSF</a>) has increased ownership in its Michigan operations from 52.2% to 80% via two transactions valued at $2.8 million.
The purchase price included $200,000 paid in cash and $2.6 million paid by way of four-year sellers&#8217; notes, the company said on Thursday.
Grown Rogue boosted its ownership in Golden Harvests, LLC, the entity that controls its Michigan operations, operating out of an 80,000 sq ft facility containing roughly 15,000 sq ft of flowering bench space.
<h3 class="wp-block-heading">Other Deal Details</h3>
<ul>
<li>Canopy Management, LLC holds a 60% interest in Golden Harvests and Canopy is 87% indirectly owned by Grown Rogue.</li>
<li>Under the deal, the company bought the total remaining minority interest in Canopy for $800,000, which includes a 20% down payment in cash and monthly payments for four years with an interest rate of 5.2% per annum.</li>
<li>Grown Rogue purchased 20% of the minority interest in Golden Harvests for $2 million, which includes minimum quarterly payments in cash for four years.</li>
<li>The transaction provides for a valuation of Golden Harvests at $10 million.</li>
<li>All payments owing to the sellers are expected to be completed with cash on hand and cash generated from operations.</li>
<li>The company retains the option to acquire the remaining 20% of Golden Harvests at a fair market valuation.</li>
<li>The minority interest in Golden Harvests is owned by Dave Pleitner, an insider of the company, and 8% of the interest in Canopy is owned by certain directors of the company.</li>
</ul>
&#8220;Michigan is such an important asset to our Company because it was the first market we proved we could migrate our operational excellence from Oregon to additional markets," said Obie Strickler, CEO of Grown Rogue. "Michigan has been a tremendous market for us, and we are thrilled to own a larger piece of this strong business. Michigan still has approximately 25,000 sq ft of facility that can be built out and we are in discussions to expand and optimize the additional capacity.&#8221;
<h3 class="wp-block-heading">GRUSF Price Action</h3>
Grown Rogue's shares traded 0.15% lower at $0.651 per share at the time of writing on Thursday morning.
<h3 class="wp-block-heading">Related News</h3>
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/02/37396901/craft-cannabis-co-grown-rogue-reports-gross-profit-increase-in-2023-ceo-signals-expansion">Craft Cannabis Co. Grown Rogue Reports Gross Profit Increase In 2023, CEO Signals Expansion</a></li>
<li><a href="https://www.benzinga.com/markets/cannabis/24/03/37487000/grown-rogue-sets-sights-on-illinois-cannabis-market-with-strategic-expansion">Grown Rogue Sets Sights On Illinois Cannabis Market With Strategic Expansion</a></li>
<li><a href="https://www.benzinga.com/markets/cannabis/23/12/36309621/craft-cannabis-co-grown-rogue-sees-29-revenue-increase-in-q4-expands-construction-progress-in-ne">Craft Cannabis Co. Grown Rogue Sees 29% Revenue Increase In Q4, Expands Construction Progress In New Jersey</a></li>
<li><a href="https://www.benzinga.com/markets/cannabis/23/09/34984194/this-craft-cannabis-company-reports-q3-2023-results-with-48-revenue-growth">This Craft Cannabis Company Reports Q3 2023 Results With 48% Revenue Growth</a></li>
</ul>

CSE:GRIN

Grindrod Shipping Holdings Ltd Ordinary Shares

GRIN

GRUSF

Grown Rogue Boosts Ownership Of Michigan Cannabis Operations

Lido Staked Ether's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">STETH</a>) price has decreased 3.32% over the past 24 hours to $3,105.08. This is contrary to the coins performance over the past week where it has experienced an up-trend of 1.0%, moving from $3,078.52 to its current price.
The chart below compares the price movement and volatility for Lido Staked Ether over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1714057348_0.png" alt="price_chart" />
The trading volume for the coin has decreased 26.0% over the past week, while the overall circulating supply of the coin has increased 0.42% to over 9.34 million. The current market cap ranking for STETH is #7 at $29.09 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1714057348_1.png" alt="supply_and_vol" />
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

$STETH

Lido Staked Ether Down More Than 3% Within 24 hours

Asset Sales

Hawaiian Electric Said To Weigh Sale Of American Savings Bank

UBS analyst Brennan Hawken maintains Moelis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MC#NYSE">MC</a>) with a Sell and raises the price target from $45 to $47.

UBS Maintains Sell on Moelis, Raises Price Target to $47

Valerie L Jabbar, Senior Vice President at Kroger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>), executed a substantial insider sell on April 24, according to an SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000056873/000095017024047476//Archives/edgar/data/56873/000095017024047476/0000950170-24-047476-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday, Jabbar sold 15,000 shares of Kroger. The total transaction value is $832,800.
Kroger shares are trading down 0.12% at $56.08 at the time of this writing on Thursday morning.
<h3>Delving into Kroger's Background</h3>
Kroger is one of the largest grocery retailers in the United States with more than 2,700 stores across a portfolio of over 20 supermarket banners. The company touts its ingrained position across US communities, citing that it is a top-two grocer in most of its major market areas. Over one fourth of Kroger's roughly $110 billion in nonperishable and fresh food sales (about 75% of revenue) stems from its private-label portfolio, of which the company manufactures about 30% of units via its 33 food production plants. The firm also operates fuel stations and pharmacies at 60% and 80% of its locations, respectively.
<h3>Kroger: Financial Performance Dissected</h3>
Revenue Growth: Kroger displayed positive results in 3 months. As of 31 January, 2024, the company achieved a solid revenue growth rate of approximately 6.44%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Staples sector, the company excelled with a growth rate higher than the average among peers.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 22.72%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Kroger's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 1.01.
</li>
</ul>
Debt Management: Kroger's debt-to-equity ratio surpasses industry norms, standing at 1.66. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Kroger's current Price to Earnings (P/E) ratio of 18.97 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 0.27 is lower than the industry average, implying a discounted valuation for Kroger's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Kroger's EV/EBITDA ratio, lower than industry averages at 8.06, indicates attractively priced shares.
</li>
</ul>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
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<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000056873">Check Out The Full List Of Kroger's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Transaction: Valerie L Jabbar Sells $832K Worth Of Kroger Shares

Whales with a lot of money to spend have taken a noticeably bearish stance on Micron Technology.
Looking at options history for Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) we detected 20 trades.
If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 55% with bearish.
From the overall spotted trades, 11 are puts, for a total amount of $982,938 and 9, calls, for a total amount of $504,492.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $65.0 and $150.0 for Micron Technology, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Micron Technology's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Micron Technology's whale trades within a strike price range from $65.0 to $150.0 in the last 30 days. 
<h3>Micron Technology Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714057289_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$6.0</td>
<td>$5.9</td>
<td>$6.0</td>
<td>$100.00</td>
<td>$450.0K</td>
<td>911</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$4.45</td>
<td>$4.4</td>
<td>$4.4</td>
<td>$120.00</td>
<td>$195.3K</td>
<td>10.0K</td>
<td style="text-align: right;">259</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$8.4</td>
<td>$8.35</td>
<td>$8.35</td>
<td>$95.00</td>
<td>$137.7K</td>
<td>1.9K</td>
<td style="text-align: right;">165</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$5.45</td>
<td>$5.4</td>
<td>$5.41</td>
<td>$110.00</td>
<td>$64.8K</td>
<td>6.5K</td>
<td style="text-align: right;">161</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$8.1</td>
<td>$8.0</td>
<td>$8.0</td>
<td>$105.00</td>
<td>$61.6K</td>
<td>697</td>
<td style="text-align: right;">2</td>
</tr>
</tbody>
</table>

<h3>About Micron Technology</h3>
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
In light of the recent options history for Micron Technology, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Micron Technology</h3>
<ul>
<li>With a trading volume of 5,354,997, the price of MU is down by -2.28%, reaching $109.23.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 62 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Micron Technology</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $146.8.
<ul>
<li>An analyst from Keybanc has decided to maintain their Overweight rating on Micron Technology, which currently sits at a price target of $150. </li>
<li>An analyst from Cantor Fitzgerald has decided to maintain their Overweight rating on Micron Technology, which currently sits at a price target of $150. </li>
<li>An analyst from Citigroup persists with their Buy rating on Micron Technology, maintaining a target price of $150. </li>
<li>An analyst from Stifel persists with their Buy rating on Micron Technology, maintaining a target price of $140. </li>
<li>An analyst from B of A Securities has decided to maintain their Buy rating on Micron Technology, which currently sits at a price target of $144. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Micron Technology with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Decoding Micron Technology's Options Activity: What's the Big Picture?

Aimee Katz, 10% Owner at Zurn Elkay Water (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZWS#NYSE">ZWS</a>), reported an insider sell on April 24, according to a new SEC filing. 
What Happened: Katz's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001439288/000110465924051269//Archives/edgar/data/1439288/000110465924051269/0001104659-24-051269-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday unveiled the sale of 249,582 shares of Zurn Elkay Water. The total transaction value is $7,996,607.
The latest market snapshot at Thursday morning reveals Zurn Elkay Water shares down by 0.0%, trading at $32.12.
<h3>Delving into Zurn Elkay Water's Background</h3>
Zurn Elkay Water Solutions Corp designs procure, manufactures, and markets a range of clean water solutions for drinking water, hygiene, and sustainable water management. The Zurn Elkay product portfolio includes professional-grade water control and safety, water distribution and drainage, drinking water, finish plumbing, hygienic, environmental and site works products for public and private spaces.
<h3>Understanding the Numbers: Zurn Elkay Water's Finances</h3>
Revenue Growth: Zurn Elkay Water's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 4.85%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 43.69%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Zurn Elkay Water's EPS reflects a decline, falling below the industry average with a current EPS of 0.08.
</li>
</ul>
Debt Management: Zurn Elkay Water's debt-to-equity ratio is below the industry average. With a ratio of 0.34, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Metrics: A Closer Look
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 49.42 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 3.7 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Zurn Elkay Water's EV/EBITDA ratio stands at 20.99, surpassing industry benchmarks. This places the company in a position with a higher-than-average market valuation.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>Why Insider Transactions Are Important</h3>
Insider transactions are not the sole determinant of investment choices, but they are a factor worth considering.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001439288">Check Out The Full List Of Zurn Elkay Water's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Aimee Katz Takes Money Off The Table, Sells $8.00M In Zurn Elkay Water Stock

Making a noteworthy insider sell on April 24, April Jalazo, 10% Owner at Zurn Elkay Water (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZWS#NYSE">ZWS</a>), is reported in the latest SEC filing.
What Happened: Jalazo opted to sell 249,582 shares of Zurn Elkay Water, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001439288/000110465924051271//Archives/edgar/data/1439288/000110465924051271/0001104659-24-051271-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The transaction's total worth stands at $7,996,607.
The latest update on Thursday morning shows Zurn Elkay Water shares down by 0.0%, trading at $32.12.
<h3>All You Need to Know About Zurn Elkay Water</h3>
Zurn Elkay Water Solutions Corp designs procure, manufactures, and markets a range of clean water solutions for drinking water, hygiene, and sustainable water management. The Zurn Elkay product portfolio includes professional-grade water control and safety, water distribution and drainage, drinking water, finish plumbing, hygienic, environmental and site works products for public and private spaces.
<h3>Key Indicators: Zurn Elkay Water's Financial Health</h3>
Revenue Growth: Zurn Elkay Water displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 4.85%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 43.69%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Zurn Elkay Water exhibits below-average bottom-line performance with a current EPS of 0.08.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.34, Zurn Elkay Water adopts a prudent financial strategy, indicating a balanced approach to debt management.
Valuation Metrics: A Closer Look
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 49.42 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 3.7 is above industry norms, reflecting an elevated valuation for Zurn Elkay Water's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Zurn Elkay Water's EV/EBITDA ratio, surpassing industry averages at 20.99, positions it with an above-average valuation in the market.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
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<h3>Understanding the Significance of Insider Transactions</h3>
Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001439288">Check Out The Full List Of Zurn Elkay Water's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sell Alert: April Jalazo Cashes Out $8.00M In Zurn Elkay Water Stock

Deep-pocketed investors have adopted a bullish approach towards Unity Software (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in U usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Unity Software. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 50% leaning bullish and 20% bearish. Among these notable options, 5 are puts, totaling $153,595, and 5 are calls, amounting to $359,127.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $19.0 to $40.0 for Unity Software during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Unity Software's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Unity Software's significant trades, within a strike price range of $19.0 to $40.0, over the past month.
<h3>Unity Software Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714057284_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>U</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$6.75</td>
<td>$6.65</td>
<td>$6.75</td>
<td>$19.00</td>
<td>$141.0K</td>
<td>437</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>U</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$6.1</td>
<td>$6.05</td>
<td>$6.1</td>
<td>$19.00</td>
<td>$71.3K</td>
<td>457</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>U</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$2.8</td>
<td>$2.75</td>
<td>$2.75</td>
<td>$29.00</td>
<td>$63.2K</td>
<td>375</td>
<td style="text-align: right;">230</td>
</tr>
<tr>
<td>U</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$17.75</td>
<td>$17.4</td>
<td>$17.42</td>
<td>$40.00</td>
<td>$43.5K</td>
<td>2.2K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>U</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$5.8</td>
<td>$5.7</td>
<td>$5.79</td>
<td>$21.00</td>
<td>$42.3K</td>
<td>3</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>

<h3>About Unity Software</h3>
Unity Software Inc provides a software platform for creating and operating interactive, real-time 3D content. The platform can be used to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The business is spread across the United States, Greater China, EMEA, APAC, and Other Americas, of which key revenue is derived from the EMEA region. The products are used in the gaming industry, architecture and construction sector, animation industry, and designing sector.
Having examined the options trading patterns of Unity Software, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Unity Software Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 1,642,320, with U's price down by -3.1%, positioned at $22.84.</li>
<li>RSI indicators show the stock to be may be oversold.</li>
<li>Earnings announcement expected in 14 days.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Unity Software, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.