Cricut Stock (NASDAQ:CRCT), Trade Ideas

Cricut

Cricut Inc designs and builds a creativity platform that enables users to turn ideas into professional-looking handmade goods. With its connected machines, design apps and accessories, and materials, the users create everything from personalized birthday cards, mugs, and T-shirts to large-scale interior decorations. It derives revenues from three segments including the Connected machines engaged in the sale of its connected machine hardware and related essential software, the Subscriptions segment provides monthly and annual subscription fees, and the Accessories and Materials segment provides craft, DIY, home decor products and heat presses including the Cricut EasyPress, Cricut Mug Press, and Cricut Autopress.

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Cricut Inc

U.S. Silica Holdings, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLCA#NYSE">SLCA</a>) shares are trading higher after the company inked a deal to be acquired by funds managed by&nbsp;affiliates&nbsp;of&nbsp;Apollo Global Management, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>)<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/n38455715/u-s-silica-enters-into-definitive-agreement-to-be-acquired-by-apollo-funds-for-1-85-billion" rel="noreferrer noopener">&nbsp;for around&nbsp;$1.85 billion.</a>
M&amp;A Deal: As per the deal, U.S. Silica shareholders will receive&nbsp;$15.50&nbsp;per share in cash for each share they own,&nbsp;representing an 18.7% premium to its closing share price as of&nbsp;$13.06&nbsp;on&nbsp;April 25 and a 33.0% premium to 90-day volume-weighted average share price for the period ended&nbsp;April 25.&nbsp;
The transaction&nbsp;is expected&nbsp;to close in the third quarter of 2024, subject to customary closing conditions. The agreement includes a 45-day &#8220;go-shop&#8221; period&nbsp;that will expire&nbsp;on&nbsp;June 10.
Post deal&nbsp;completion,&nbsp;the company will no longer be listed&nbsp;on the New York Stock&nbsp;Exchange,&nbsp;and will become a private company.&nbsp;
Bryan Shinn, Chief Executive Officer, said, &#8220;By partnering with Apollo Funds, we gain significant resources, deep industry expertise and enhanced flexibility as a private company to pursue the many market opportunities in front of us and invest in innovative capabilities that enable value-added offerings for customers.&#8221;
Earnings: Also, the company reported first-quarter FY24 results, with adjusted EPS of&nbsp;$0.20, in line with the consensus, and sales&nbsp;of $325.9 million&nbsp;missed&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/n38455740/u-s-silica-holdings-inc-reports-first-quarter-2024-results" rel="noreferrer noopener">the consensus of $336.6 million</a>.
Total tons sold declined 17% Y/Y to&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">4.092 million in the quarter</a>.&nbsp;
Operating cash flow stood at $40.9 million, and capital expenditures&nbsp;came in at&nbsp;$12.4 million in the quarter.&nbsp;
As of March-end, the company had cash and cash equivalents of $234.5 million and total debt of $809.5 million.
Shinn added, &#8220;In our Oil &amp; Gas segment, volumes were up 5% sequentially, although our margins&nbsp;were impacted&nbsp;by slightly lower pricing, driven&nbsp;in part&nbsp;by lower natural gas prices.&#8221;
Investors can gain exposure to the stock via&nbsp;Invesco S&amp;P SmallCap Energy ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSCE#NASDAQ">PSCE</a>) and&nbsp;SPDR Series Trust SPDR S&amp;P Oil &amp; Gas Equipment &amp; Services ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XES#NYSE">XES</a>).
Price Action: SLCA shares are up 20.2% at $15.70 at the last check Friday.
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A substantial insider sell was reported on April 25, by Herbert K Parker, Board Member at Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>), based on the recent SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000006845/000000684524000079//Archives/edgar/data/6845/000000684524000079/0000006845-24-000079-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, Parker sold 15,728 shares of Apogee Enterprises. The total transaction value is $949,184.
At Friday morning, Apogee Enterprises shares are down by 0.0%, trading at $61.32.
<h3>All You Need to Know About Apogee Enterprises</h3>
Apogee Enterprises Inc is a manufacturer of architectural glass and metal glass framings. The company also provides building glass installation services. Its four main business segments are Architectural Framing Systems; Architectural Glass; Architectural Services and Large-Scale Optical Technologies (LSO). It generates maximum revenue from the Architectural Framing Systems segment. The Architectural Framing Systems segment designs, engineers, fabricates and finishes the aluminum frames used in customized aluminum and glass window, curtainwall, storefront and entrance systems comprising the outside skin and entrances of commercial, institutional and high-end multi-family residential buildings. Geographically, it derives a majority of revenue from the United States.
<h3>Unraveling the Financial Story of Apogee Enterprises</h3>
Decline in Revenue: Over the 3 months period, Apogee Enterprises faced challenges, resulting in a decline of approximately -7.65% in revenue growth as of 30 November, 2023. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 26.58%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Apogee Enterprises's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 1.24.
</li>
</ul>
Debt Management: Apogee Enterprises's debt-to-equity ratio is below the industry average at 0.31, reflecting a lower dependency on debt financing and a more conservative financial approach.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 13.05 is lower than the industry average, implying a discounted valuation for Apogee Enterprises's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 0.97 is lower than the industry average, implying a discounted valuation for Apogee Enterprises's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio of 8.02 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Illuminating the Importance of Insider Transactions</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>The Insider's Guide to Important 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=0000006845">Check Out The Full List Of Apogee Enterprises's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Apogee Enterprises Board Member Trades $949K In Company Stock

It was reported on April 25, that Jeremy Cox, SVP at Hewlett Packard (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) executed a significant insider sell, according to an SEC filing.
What Happened: Cox's recent move involves selling 18,323 shares of Hewlett Packard. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001645590/000106299324008793//Archives/edgar/data/1645590/000106299324008793/0001062993-24-008793-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value is $310,849.
The latest market snapshot at Friday morning reveals Hewlett Packard shares up by 0.94%, trading at $17.13.
<h3>Discovering Hewlett Packard: A Closer Look</h3>
Hewlett Packard Enterprise is an information technology vendor that provides hardware and software to enterprises. Its primary product lines are compute servers, storage arrays, and networking equipment; it also has a high-performance computing business. HPE's stated goal is to be a complete edge-to-cloud company, and its portfolio enables hybrid clouds and hyperconverged infrastructure. It uses a primarily outsourced manufacturing model and employs 60,000 people worldwide.
<h3>A Deep Dive into Hewlett Packard's Financials</h3>
Negative Revenue Trend: Examining Hewlett Packard's financials over 3 months reveals challenges. As of 31 January, 2024, the company experienced a decline of approximately -13.5% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 36.37%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, Hewlett Packard exhibits below-average bottom-line performance with a current EPS of 0.3.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.6.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 11.7 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 0.8 is below industry norms, suggesting potential undervaluation and presenting an investment opportunity for those considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a lower-than-industry-average EV/EBITDA ratio of 6.31, Hewlett Packard presents a potential value opportunity, as investors are paying less for each unit of EBITDA.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Activity Matters in Finance</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring 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=0001645590">Check Out The Full List Of Hewlett Packard's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Hewlett Packard Recent Insider Activity

Revealing a significant insider sell on April 25, April Jalazo, 10% Owner at Zurn Elkay Water (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZWS#NYSE">ZWS</a>), as per the latest SEC filing.
What Happened: Jalazo's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001439288/000110465924052146//Archives/edgar/data/1439288/000110465924052146/0001104659-24-052146-index.htm">U.S. Securities and Exchange Commission</a> on Thursday unveiled the sale of 236,728 shares of Zurn Elkay Water. The total transaction value is $7,679,456.
As of Friday morning, Zurn Elkay Water shares are up by 0.35%, currently priced at $31.99.
<h3>Unveiling the Story Behind 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>Zurn Elkay Water: Delving into Financials</h3>
Revenue Growth: Zurn Elkay Water's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 0.46%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 45.51%, indicating superior cost efficiency and profitability compared to its industry 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 0.2.
</li>
</ul>
Debt Management: Zurn Elkay Water's debt-to-equity ratio is below the industry average. With a ratio of 0.33, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: Zurn Elkay Water's current Price to Earnings (P/E) ratio of 49.05 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 current P/S ratio of 3.67 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): At 20.85, the company's EV/EBITDA ratio outperforms industry norms, reflecting positive market perception. This positioning indicates optimistic expectations for the company's future performance.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Relevance of Insider Transactions</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>Transaction Codes Worth Your Attention</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals 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.

Massive Insider Trade At Zurn Elkay Water

On April 25, a recent SEC filing unveiled that Aimee Katz, 10% Owner at Zurn Elkay Water (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZWS#NYSE">ZWS</a>) made an insider sell.
What Happened: Katz's decision to sell 236,728 shares of Zurn Elkay Water was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001439288/000110465924052145//Archives/edgar/data/1439288/000110465924052145/0001104659-24-052145-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value of the sale is $7,679,456.
Zurn Elkay Water's shares are actively trading at $31.99, experiencing a up of 0.35% during Friday's morning session.
<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>Zurn Elkay Water's Financial Performance</h3>
Positive Revenue Trend: Examining Zurn Elkay Water's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 0.46% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: With a high gross margin of 45.51%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Zurn Elkay Water's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.2.
</li>
</ul>
Debt Management: Zurn Elkay Water's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.33.
Navigating Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Zurn Elkay Water's current Price to Earnings (P/E) ratio of 49.05 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: A higher-than-average P/S ratio of 3.67 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 20.85 reflects market recognition of Zurn Elkay Water's value, positioning it as more highly valued compared to industry peers.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Unmasking the Significance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
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>Navigating the World of Insider Transaction Codes</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.

10% Owner Of Zurn Elkay Water Sold $7.68M In Stock

Ice Mountain LLC, 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 25, according to a new SEC filing. 
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001439288/000110465924052147//Archives/edgar/data/1439288/000110465924052147/0001104659-24-052147-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, LLC sold 236,728 shares of Zurn Elkay Water. The total transaction value is $7,679,456.
The latest market snapshot at Friday morning reveals Zurn Elkay Water shares up by 0.35%, trading at $31.99.
<h3>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>Breaking Down Zurn Elkay Water's Financial Performance</h3>
Revenue Growth: Zurn Elkay Water's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 0.46%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 45.51%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Zurn Elkay Water's EPS is below the industry average. The company faced challenges with a current EPS of 0.2. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Zurn Elkay Water's debt-to-equity ratio is below the industry average. With a ratio of 0.33, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 49.05, Zurn Elkay Water's stock is perceived as being overvalued in the market.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 3.67 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): Boasting an EV/EBITDA ratio of 20.85, Zurn Elkay Water demonstrates a robust market valuation, outperforming industry benchmarks.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Illuminating the Importance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted 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.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Exploring Key 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.

Ice Mountain LLC Takes Money Off The Table, Sells $7.68M In Zurn Elkay Water Stock

Bittensor's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TAO</a>) price has decreased 4.05% over the past 24 hours to $436.61, continuing its downward trend over the past week of -6.0%, moving from $468.36 to its current price. 
The chart below compares the price movement and volatility for Bittensor 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/2024/1714143677_0.png" alt="price_chart" />
The trading volume for the coin has decreased 30.0% over the past week, while the overall circulating supply of the coin has increased 0.31% to over 6.65 million. This puts its current circulating supply at an estimated 31.69% of its max supply, which is 21.00 million. The current market cap ranking for TAO is #43 at $2.92 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1714143677_1.png" alt="supply_and_vol" />
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Cryptocurrency

$TAO

Cryptocurrency Bittensor Down More Than 4% Within 24 hours

Diane Cafritz, EVP at CarMax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>), reported a large exercise of company stock options on April 25, according to a new SEC filing.
What Happened: The latest Form 4 filing on Thursday with the <a href="https://www.sec.gov/Archives/edgar/data/0001170010/000117001024000036//Archives/edgar/data/1170010/000117001024000036/0001170010-24-000036-index.htm">U.S. Securities and Exchange Commission</a> uncovered Cafritz, EVP at CarMax, exercising stock options for 15,356 shares of KMX. The total transaction was valued at $101,349.
The Friday morning update indicates CarMax shares up by 0.61%, currently priced at $69.64. At this value, Cafritz's 15,356 shares are worth $101,349.
<h3>All You Need to Know About CarMax</h3>
CarMax sells, finances, and services used and new cars through a chain of around 250 used retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales typically account for about 83% of revenue (79% in fiscal 2024 due to the chip shortage) and wholesale about 13% (19% in fiscal 2024), with the remaining portion composed of extended service plans and repair. In fiscal 2024, the company retailed and wholesaled 765,572, and 546,331 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US but still estimates that it had only about 3.7% US market share of vehicles 0-10 years old in 2023. It seeks over 5% share a few years from now. CarMax is based in Richmond, Virginia.
<h3>Understanding the Numbers: CarMax's Finances</h3>
Revenue Growth: CarMax's revenue growth over a period of 3 months has faced challenges. As of 29 February, 2024, the company experienced a revenue decline of approximately -1.68%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 10.42%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): CarMax's EPS is below the industry average. The company faced challenges with a current EPS of 0.32. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 3.18.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 22.92 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.41, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio of 17.79, the company's market valuation exceeds industry averages.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Unmasking the Significance of Insider Transactions</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
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>A Closer Look at Important 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=0001170010">Check Out The Full List Of CarMax's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

EVP At CarMax Exercises Options Worth $101K

A substantial insider move unfolded on April 25, as Schenkein, Chief Financial Officer at Trade Desk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>), reported the acquisition of stock options for 121,684 shares in an SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001671933/000167193324000041//Archives/edgar/data/1671933/000167193324000041/0001671933-24-000041-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Schenkein, Chief Financial Officer at Trade Desk, a company in the Communication Services sector, acquired stock options for 121,684 shares of TTD. The options allow Schenkein to buy the company's stock at $81.07 per share.
Trade Desk shares are trading, exhibiting up of 2.27% and priced at $85.23 during Friday's morning. This values Schenkein's 121,684 shares at $506,205.
<h3>Delving into Trade Desk's Background</h3>
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on different devices like computers, smartphones, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising.
<h3>Financial Insights: Trade Desk</h3>
Revenue Growth: Trade Desk displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 23.45%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Communication Services sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 83.38%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Trade Desk's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.2.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.11.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 231.5, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 21.42, Trade Desk's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Trade Desk's EV/EBITDA ratio stands at 140.93, surpassing industry benchmarks. This places the company in a position with a higher-than-average market valuation.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Impact of Insider Transactions on Investments</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>The Insider's Guide to Important Transaction Codes</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals 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=0001671933">Check Out The Full List Of Trade Desk's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Noteworthy Decision By Laura Schenkein As Acquires $506K In Trade Desk Stock Options

In the last three months, 8 analysts have published ratings on Tradeweb Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TW#NASDAQ">TW</a>), offering a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $116.62, a high estimate of $125.00, and a low estimate of $105.00. This current average has increased by 4.48% from the previous average price target of $111.62. 
<img src="https://www.benzinga.com/files/images/story/2024/1714143672_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of Tradeweb Markets among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jeremy Campbell</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$122.00</td>
<td>$118.00</td>
</tr>
<tr>
<td>Kyle Voigt</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$111.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$105.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$125.00</td>
<td>$122.00</td>
</tr>
<tr>
<td>Kenneth Worthington</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$116.00</td>
<td>$113.00</td>
</tr>
<tr>
<td>Christopher Allen</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$120.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$122.00</td>
<td>$112.00</td>
</tr>
<tr>
<td>Andrew Bond</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$112.00</td>
<td>$103.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Tradeweb Markets. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Tradeweb Markets compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Tradeweb Markets's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Tradeweb Markets's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/TW/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Tradeweb Markets analyst ratings.</a>
<h2>All You Need to Know About Tradeweb Markets</h2>
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in U.S. and European government debt, mortgage-backed securities, interest-rate swaps, and U.S. and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
<h3>Breaking Down Tradeweb Markets's Financial Performance</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Tradeweb Markets showcased positive performance, achieving a revenue growth rate of 26.26% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Tradeweb Markets's net margin excels beyond industry benchmarks, reaching 24.11%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Tradeweb Markets's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.68%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Tradeweb Markets's ROA excels beyond industry benchmarks, reaching 1.32%. This signifies efficient management of assets and strong financial health.
Debt Management: Tradeweb Markets's debt-to-equity ratio is below the industry average at 0.01, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>The Basics of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

The Analyst Verdict: Tradeweb Markets In The Eyes Of 8 Experts

A substantial acquisition of company stock options by Samantha Jacobson, Chief Strategy Officer at Trade Desk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>) was reported on April 25, based on a new SEC filing.
What Happened: Jacobson, Chief Strategy Officer at Trade Desk, engaged in a derivative transaction according to a Form 4 filing on Thursday with the <a href="https://www.sec.gov/Archives/edgar/data/0001671933/000167193324000040//Archives/edgar/data/1671933/000167193324000040/0001671933-24-000040-index.htm">U.S. Securities and Exchange Commission</a>. This involved the acquisition of stock options for 121,684 shares of TTD, providing the right to purchase the company's stock at an exercise price of $81.07 per share.
During Friday's morning session, Trade Desk shares up by 2.27%, currently priced at $85.23. Considering the current price, Jacobson's 121,684 shares have a total value of $506,205.
<h3>All You Need to Know About Trade Desk</h3>
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on different devices like computers, smartphones, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising.
<h3>A Deep Dive into Trade Desk's Financials</h3>
Revenue Growth: Trade Desk's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 23.45%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Communication Services sector.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 83.38%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Trade Desk's EPS reflects a decline, falling below the industry average with a current EPS of 0.2.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.11, Trade Desk adopts a prudent financial strategy, indicating a balanced approach to debt management.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 231.5 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 21.42 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Trade Desk's EV/EBITDA ratio, surpassing industry averages at 140.93, positions it with an above-average valuation in the market.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Navigating the Impact of Insider Transactions on Investments</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted 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.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001671933">Check Out The Full List Of Trade Desk's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Samantha Jacobson Takes A Bullish Stance, Acquiring $506K Worth Of Trade Desk Stock Options

Financial giants have made a conspicuous bullish move on Synopsys. Our analysis of options history for Synopsys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) revealed 9 unusual trades.
Delving into the details, we found 44% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $171,280, and 7 were calls, valued at $377,928.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $410.0 and $900.0 for Synopsys, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Synopsys stands at 214.0, with a total volume reaching 205.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Synopsys, situated within the strike price corridor from $410.0 to $900.0, throughout the last 30 days.
<h3>Synopsys Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714143662_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 style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SNPS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$13.5</td>
<td>$13.1</td>
<td>$13.5</td>
<td>$550.00</td>
<td>$168.7K</td>
<td style="text-align: right;">507</td>
<td style="text-align: right;">19</td>
</tr>
<tr>
<td>SNPS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$368.3</td>
<td>$359.2</td>
<td>$359.2</td>
<td>$900.00</td>
<td>$143.6K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>SNPS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$165.7</td>
<td>$161.0</td>
<td>$161.0</td>
<td>$410.00</td>
<td>$48.3K</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>SNPS</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/21/24</td>
<td>$30.5</td>
<td>$29.7</td>
<td>$30.1</td>
<td>$550.00</td>
<td>$45.1K</td>
<td style="text-align: right;">808</td>
<td style="text-align: right;">24</td>
</tr>
<tr>
<td>SNPS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$31.6</td>
<td>$31.6</td>
<td>$31.6</td>
<td>$540.00</td>
<td>$31.6K</td>
<td style="text-align: right;">75</td>
<td style="text-align: right;">10</td>
</tr>
</tbody>
</table>

<h3>About Synopsys</h3>
Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm's growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys' comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.
Having examined the options trading patterns of Synopsys, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Synopsys</h3>
<ul>
<li>Currently trading with a volume of 224,328, the SNPS's price is up by 2.84%, now at $545.17. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 26 days.</li>
</ul>
<h3>Expert Opinions on Synopsys</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $665.0.
<ul>
<li>Reflecting concerns, an analyst from Piper Sandler lowers its rating to Overweight with a new price target of $665.</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 Synopsys, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

SNPS

Looking At Synopsys's Recent Unusual Options Activity

In a new SEC filing on April 25, it was revealed that Blair, President &amp; CEO at Danaher (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHR#NYSE">DHR</a>), executed a significant exercise of company stock options.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000313616/000031361624000109//Archives/edgar/data/313616/000031361624000109/0000313616-24-000109-index.htm">U.S. Securities and Exchange Commission</a> on Thursday revealed that Blair, President &amp; CEO at Danaher in the Health Care sector, exercised stock options for 38,170 shares of DHR stock. The exercise price of the options was $59.91 per share.
The Friday morning market activity shows Danaher shares down by 0.46%, trading at $244.68. This implies a total value of $7,052,565 for Blair's 38,170 shares.
<h3>Discovering Danaher: A Closer Look</h3>
In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Through a series of mergers, acquisitions, and divestitures, Danaher now focuses primarily on manufacturing scientific instruments and consumables in the life science and diagnostic industries after the late 2023 divesititure of its environmental and applied solutions group, Veralto.
<h3>A Deep Dive into Danaher's Financials</h3>
Negative Revenue Trend: Examining Danaher's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -2.57% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Health Care sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 60.16%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Danaher's EPS reflects a decline, falling below the industry average with a current EPS of 1.47.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.34.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 45.1 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 7.72 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Danaher's EV/EBITDA ratio, surpassing industry averages at 26.49, positions it with an above-average valuation in the market.
</li>
</ul>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
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<h3>Understanding the Significance of Insider Transactions</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals 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=0000313616">Check Out The Full List Of Danaher's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options Exercise: Rainer Blair At Danaher Realizes $7.05M

In the last three months, 5 analysts have published ratings on First Interstate BancSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>), offering a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $28.4, with a high estimate of $32.00 and a low estimate of $24.00. Observing a 7.86% increase, the current average has risen from the previous average price target of $26.33. 
<img src="https://www.benzinga.com/files/images/story/2024/1714143660_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The analysis of recent analyst actions sheds light on the perception of First Interstate BancSys by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Christopher Mcgratty</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$29.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Jared Shaw</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$29.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Andrew Terrell</td>
<td>Stephens &amp; Co.</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$32.00</td>
<td>-</td>
</tr>
<tr>
<td>Timur Braziler</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$24.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Jared Shaw</td>
<td>Barclays</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$28.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to First Interstate BancSys. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of First Interstate BancSys compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of First Interstate BancSys's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of First Interstate BancSys's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/FIBK/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on First Interstate BancSys analyst ratings.</a>
<h2>All You Need to Know About First Interstate BancSys</h2>
First Interstate BancSystem Inc is a financial holding company. It is the parent company of First Interstate Bank, a community bank offering a range of internet, mobile, and other banking and financial services throughout Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. It delivers a range of financial products and services to both retail and commercial customers in industries like agriculture, construction, education, energy, governmental services, healthcare, mining, professional services, retail, tourism, and wholesale trade. It generates majority of income from interest charged on loans, and interest and dividends earned on investments.
<h3>First Interstate BancSys: Delving into Financials</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Challenges: First Interstate BancSys's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -15.9%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: First Interstate BancSys's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 24.38%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): First Interstate BancSys's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.95%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): First Interstate BancSys's ROA excels beyond industry benchmarks, reaching 0.2%. This signifies efficient management of assets and strong financial health.
Debt Management: First Interstate BancSys's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.89, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Analyst Ratings: What Are They?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

FIBK

Demystifying First Interstate BancSys: Insights From 5 Analyst Reviews

A noteworthy insider acquisition was disclosed on April 25, as Grant, Chief Legal Officer at Trade Desk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>), reported the acquisition of stock options for 121,684 shares.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001671933/000167193324000042//Archives/edgar/data/1671933/000167193324000042/0001671933-24-000042-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Grant, Chief Legal Officer at Trade Desk, a company in the Communication Services sector, acquired stock options for 121,684 shares of TTD. The options allow Grant to buy the company's stock at $81.07 per share.
The latest update on Friday morning shows Trade Desk shares up by 2.27%, trading at $85.23. At this price, Grant's 121,684 shares are worth $506,205.
<h3>All You Need to Know About Trade Desk</h3>
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on different devices like computers, smartphones, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising.
<h3>Breaking Down Trade Desk's Financial Performance</h3>
Revenue Growth: Trade Desk's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 23.45%. This indicates 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 Communication Services sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 83.38%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Trade Desk's EPS is below the industry average. The company faced challenges with a current EPS of 0.2. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.11.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 231.5 is lower than the industry average, implying a discounted valuation for Trade Desk's stock.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 21.42 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 140.93 is above the industry average, suggesting that the market values the company more highly for each unit of EBITDA. This could be attributed to factors such as strong growth prospects or superior operational efficiency.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
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<h3>Why Pay Attention to Insider Transactions</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted 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.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Exploring Key Transaction Codes</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals 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=0001671933">Check Out The Full List Of Trade Desk's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Jay R Grant Backs Up Beliefs With A Notable $506K Acquisition In Trade Desk Stock Options

High-rolling investors have positioned themselves bearish on Marathon Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in MARA often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 17 options trades for Marathon Digital Holdings. This is not a typical pattern.
The sentiment among these major traders is split, with 35% bullish and 47% bearish. Among all the options we identified, there was one put, amounting to $35,250, and 16 calls, totaling $588,404.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $11.0 and $50.0 for Marathon Digital Holdings, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Marathon Digital Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Marathon Digital Holdings's substantial trades, within a strike price spectrum from $11.0 to $50.0 over the preceding 30 days.
<h3>Marathon Digital Holdings 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714143656_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</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>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/24/24</td>
<td>$0.98</td>
<td>$0.93</td>
<td>$0.94</td>
<td>$25.00</td>
<td>$119.8K</td>
<td>603</td>
<td>1.3K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$7.4</td>
<td>$7.25</td>
<td>$7.37</td>
<td>$20.00</td>
<td>$36.8K</td>
<td>12.5K</td>
<td>231</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$8.5</td>
<td>$8.5</td>
<td>$8.5</td>
<td>$11.00</td>
<td>$36.5K</td>
<td>660</td>
<td>0</td>
</tr>
<tr>
<td>MARA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$7.05</td>
<td>$6.95</td>
<td>$7.05</td>
<td>$20.00</td>
<td>$35.2K</td>
<td>8.6K</td>
<td>0</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/26/24</td>
<td>$3.65</td>
<td>$3.55</td>
<td>$3.6</td>
<td>$16.00</td>
<td>$33.1K</td>
<td>3.2K</td>
<td>394</td>
</tr>
</tbody>
</table>

<h3>About Marathon Digital Holdings</h3>
Marathon Digital Holdings Inc focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company currently operates in the Digital Currency Blockchain segment. The Crypto-currency Machines are located in the United States.
In light of the recent options history for Marathon Digital Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Marathon Digital Holdings's Current Market Status</h3>
<ul>
<li>Trading volume stands at 15,464,089, with MARA's price up by 0.84%, positioned at $19.17.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 13 days.</li>
</ul>
<h3>What Analysts Are Saying About Marathon Digital Holdings</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $16.5.
<ul>
<li>Maintaining their stance, an analyst from JP Morgan continues to hold a Underweight rating for Marathon Digital Holdings, targeting a price of $16. </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 Marathon Digital Holdings with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

MARA

Smart Money Is Betting Big In MARA Options

Benzinga's options scanner has just identified more than 11 option transactions on Reddit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), with a cumulative value of $327,027. Concurrently, our algorithms picked up 6 puts, worth a total of 209,220.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $30.0 and $50.0 for Reddit, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Reddit stands at 423.25, with a total volume reaching 1,448.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Reddit, situated within the strike price corridor from $30.0 to $50.0, throughout the last 30 days.
<h3>Reddit Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714143651_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</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 style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RDDT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$22.9</td>
<td>$19.4</td>
<td>$20.63</td>
<td>$30.00</td>
<td>$72.2K</td>
<td style="text-align: right;">380</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>RDDT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$10.6</td>
<td>$10.3</td>
<td>$10.37</td>
<td>$50.00</td>
<td>$44.7K</td>
<td style="text-align: right;">563</td>
<td style="text-align: right;">224</td>
</tr>
<tr>
<td>RDDT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$10.6</td>
<td>$10.3</td>
<td>$10.45</td>
<td>$50.00</td>
<td>$42.7K</td>
<td style="text-align: right;">563</td>
<td style="text-align: right;">181</td>
</tr>
<tr>
<td>RDDT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$4.2</td>
<td>$4.0</td>
<td>$4.2</td>
<td>$50.00</td>
<td>$42.0K</td>
<td style="text-align: right;">139</td>
<td style="text-align: right;">364</td>
</tr>
<tr>
<td>RDDT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/21/24</td>
<td>$4.2</td>
<td>$4.0</td>
<td>$4.1</td>
<td>$50.00</td>
<td>$40.9K</td>
<td style="text-align: right;">139</td>
<td style="text-align: right;">115</td>
</tr>
</tbody>
</table>

<h3>About Reddit</h3>
Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.
After a thorough review of the options trading surrounding Reddit, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Reddit Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 933,398, the RDDT's price is up by 5.67%, now at $44.86. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 11 days.</li>
</ul>
<h3>Professional Analyst Ratings for Reddit</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $50.2.
<ul>
<li>An analyst from Loop Capital has revised its rating downward to Buy, adjusting the price target to $55. </li>
<li>In a cautious move, an analyst from B of A Securities downgraded its rating to Neutral, setting a price target of $46. </li>
<li>In a cautious move, an analyst from JMP Securities downgraded its rating to Market Outperform, setting a price target of $53. </li>
<li>Reflecting concerns, an analyst from JP Morgan lowers its rating to Neutral with a new price target of $47.</li>
<li>An analyst from Roth MKM downgraded its action to Buy with a price target of $50. </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 Reddit, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

RDDT

This Is What Whales Are Betting On Reddit

Cricut, Inc. 2023 Q4 - Results - Earnings Call Presentation

Cricut, Inc. (CRCT) Q4 2023 Earnings Call Transcript

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Cricut (NASDAQ:<a href="https://investorplace.com/stock-quotes/crct-stock-quote/">CRCT</a>) just reported results for the fourth quarter of 2023.<ul><li>Cricut reported earnings per share of 5 cents. This met the analyst estimate for EPS of 5 cents.</li><li>The company reported revenue of $231.25 million.</li><li>This was 7.38% worse than the analyst estimate for revenue of $249.68 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/03/crct-stock-earnings-cricut-for-q4-of-2023/">CRCT Stock Earnings: Cricut Meets EPS, Misses Revenue for Q4 2023</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

CRCT Stock Earnings: Cricut Meets EPS, Misses Revenue for Q4 2023

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Cricut Inc Cl A (CRCT) said after close Tuesday that it earned $0.05 per share in quarter four 2023. On the revenue line, the company reported $231.2 million, missing estimates by $18.4 million.In the same quarter a year ago, the company earned $0.05 per share on revenue of $280.8 million. The stock is down 1.24% to $4.77

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Is Cricut Inc (CRCT) Stock a Smart Value?

The 35 rating InvestorsObserver gives to Cricut Inc (CRCT)  stock puts it near the bottom of the Technology sector.In addition to scoring higher than 24 percent of stocks in the Technology sector, CRCTâ€&#x2122;s 35 overall rating means the stock scores better than 35 of all stocks. CRCT has an Overall Score of 35. Find out what th