Plus500 (OTC:PLSQF) Stock, Quote.Headers.trade-ideas

Plus500

Plus500 Ltd is an online provider of Contracts for Difference (CFDs). The company has developed and operates an online trading platform for retail customers to trade CFDs internationally, financial instruments comprising equities, indices, commodities, options, exchange-traded funds (ETFs), and foreign exchange. The trading platform is accessible from multiple operating systems including Windows, smartphones: iOS, Android, and Windows Phone, tablets: iOS, Android, and Surface, and web browsers. The group is engaged in three operating sectors: CFD trading; share dealing; and futures and options on futures.

Plus500 Ltd

<a href="https://www.benzinga.com/personal-finance/24/07/39600675/bill-gates-was-the-worlds-richest-man-for-a-record-18-years-his-secret-to-success-saving-like-a-">Bill Gates</a> doesn't love the idea of slowing down and working part-time. At age 68, he stays very active in his work. He shares that <a href="https://www.benzinga.com/personal-finance/24/06/39192298/warren-buffett-was-asked-if-he-had-to-start-over-in-his-30s-how-would-he-make-30-billion-today-h">Warren Buffett</a> is a big inspiration for him. At 94, Buffett continues to work full-time as chairman and CEO of Berkshire Hathaway.&nbsp;
&#8220;My friend Warren Buffett still comes into the office six days a week," Gates told CNBC Make It, adding, "I hope my health allows me to be like Warren."
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Even as Gates spends much of his time on philanthropy through the Bill &amp; Melinda Gates Foundation, his approach to work reflects a commitment to continuing at a high pace for at least another two to three decades. Gates says he wants to work for 20 or 30 more years, as long as his health permits. While the intensity of his work has changed since the early Microsoft days, his dedication to making an impact remains as strong as ever.
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In his work, Gates currently focuses on global issues like <a href="https://www.benzinga.com/personal-finance/24/09/40794858/bill-gates-efforts-to-eradicate-malaria-and-the-economic-impact-of-ridding-the-globe-of-this-dis">eradicating diseases</a> and poverty. He continues to serve as a technology advisor for Microsoft but spends most of his time working with his foundation to tackle pressing issues like malaria, polio, and childhood mortality.
"The [Bill &amp; Melinda Gates] Foundation will celebrate its 25th anniversary next year," he said. "We haven't gotten rid of polio, we haven't gotten rid of malaria. I'm very, very committed to those things."
His dedication mirrors that of Buffett, who famously remarked in a 2017 interview with Gates, "I can buy anything I want, but I can't buy time." Despite their wealth, both billionaires see work as a central part of their lives – not just something to grow their wealth but a part of their lifestyle and dedication to the ideals they strongly support.&nbsp;
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Gates isn't all about work, though. While in his early days he didn't believe in taking weekends off or going on vacations, he's learned to slow down and find more balance between work and life.&nbsp;
&#8220;In my 20s, I didn't believe in weekends and vacations. So, that was kind of out of control, how I pushed myself,&#8221; Gates admitted. In 2016, he told BBC that he expected the same work dedication from his employees and would memorize their license plates to see when people were coming and going.&nbsp;
Trending: How do billionaires pay less in income tax than you?<a href="https://www.benzinga.com/money/tax-deferring-adv"> Tax deferring is their number one strategy</a>.
Buffett encouraged Gates to relax and impressed him with the fact that success doesn't come from an overloaded schedule. Gates has since adopted a healthier balance and advises people to take breaks when necessary.&nbsp;
These days, Gates enjoys hobbies such as tennis and reading. He also takes real vacations and sets aside time to explore his intellectual interests. For Gates, this constant learning is essential to his work and personal fulfillment.
For Gates and Buffett, continuing to work into their later years is both a necessity and a joy. Both believe in the fulfillment that comes with remaining engaged in meaningful work. As you approach retirement, finding a balance that works for you is essential. Consulting with a <a href="https://www.benzinga.com/money/best-online-financial-advisors">financial advisor</a> can help determine the right time to scale back, ensuring you maintain financial and personal fulfillment in your later years.
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Personal Finance

Bill Gates Says Working Less Than Full Time 'Sounds Awful' And 'Warren Buffett Still Comes Into The Office Six Days A Week'

The <a href="https://www.benzinga.com/markets/24/09/40703605/the-irs-auditor-who-beat-warren-buffett-at-his-own-game">IRS</a> and U.S. Department of the Treasury recently announced that $1.3 billion has been collected from high-income, high-wealth individuals as part of a larger effort to ensure tax compliance from those who have historically evaded payments. With the backing of the Inflation Reduction Act, these initiatives are likely just the beginning of a broader crackdown.
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The IRS has found success in collecting from high-income earners largely due to the Inflation Reduction Act. Before it, the IRS had no resources to effectively pursue wealthy <a href="https://www.benzinga.com/news/24/09/40743655/hunter-biden-admits-guilt-in-federal-tax-evasion-case-when-i-was-addicted-i-wasnt-thinking-about-my">tax evaders</a>. With this additional funding, they can now pursue delinquent taxpayers more aggressively.&nbsp;
In <a href="https://www.benzinga.com/government/24/02/37283700/irs-says-wealthy-americans-are-evading-over-150b-in-taxes-a-year-plenty-of-work-to-be-done">February 2024</a>, a new initiative was launched to accelerate these efforts. The program targets 125,000 high-income earners making between $400,000 and over $1 million annually, who haven't filed tax returns since 2017. In the first six months of this program, the IRS collected $172 million from just 21,000 individuals. Expanding on that momentum, the IRS also recovered $1.1 billion from 1,600 high-income individuals who owed more than $250,000 each in back taxes.&nbsp;
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Collecting this much quickly is likely just the start of a larger push to ensure Americans fulfill their tax obligations. <a href="https://www.benzinga.com/news/24/09/40766055/janet-yellen-predicts-soft-landing-for-us-economy-despite-job-growth-concerns-were-not-seeing-meanin">Janet Yellen</a>, U.S. Secretary of the Treasury and IRS Commissioner Danny Werfel emphasize continuing this momentum to ensure that the wealthiest Americans pay their taxes.&nbsp;
While the latest initiatives are moving the needle, the $1.3 billion collected is only a fraction of what is still owed. We'll likely continue to see increased efforts on this front in future years.&nbsp;
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What does this mean for other taxpayers?&nbsp;
According to Statista, about 40.1% of American households didn't pay income tax in 2022. However, the vast majority of these households were making between $40,000 and $50,000 annually, and the IRS has expressed that its primary focus is on high earners and that it isn't looking to burden regular taxpayers.&nbsp;
These same statistics revealed that of those making $500,000 to $1 million, about 0.4% of that group didn't pay income taxes. Those are the real targets of the IRS's initiatives to collect back taxes. That doesn't mean that the IRS won't ever come looking if you aren't paying your taxes, but as part of this current initiative, they target higher incomes.&nbsp;
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Alongside its efforts to recover back taxes from wealthy individuals, the IRS is also working to improve its taxpayer service through the Digital First Initiative. Using resources from the Inflation Reduction Act, the IRS has created online tools to help taxpayers save time and money as they file.&nbsp;
With the IRS upgrading its technology and expanding its resources, it may become harder to slip through the cracks. If you have concerns about your taxes or are unsure if you've filed correctly, it's wise to consult a <a href="https://www.benzinga.com/money/best-online-financial-advisors">financial advisor</a> to ensure everything is in order.
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IRS Reclaims $1.3 Billion in Back Taxes from Wealthy Americans – Is This Just the Beginning?

PDD Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) shares are moving lower Friday after the White House announced new measures to tackle the abuse of the de minimis exemption by Chinese e-commerce <a href="https://www.benzinga.com/government/24/09/40853105/team-biden-targets-shein-and-temu-with-new-rules-to-curb-abuse-of-us-trade-loophole-by-chinese-e-com?utm_source=benzingaringthebell.beehiiv.com&amp;utm_medium=newsletter&amp;utm_campaign=biden-cracks-down-on-this-sector-driving-stocks-lower&amp;_bhlid=56d049d1d05577c8fbecd8beb454f1a79b649bbb">platforms including Temu and Shein.&nbsp;</a>
The Details:&nbsp;
The Biden Administration issued an<a href="https://www.whitehouse.gov/briefing-room/statements-releases/2024/09/13/fact-sheet-biden-harris-administration-announces-new-actions-to-protect-american-consumers-workers-and-businesses-by-cracking-down-on-de-minimis-shipments-with-unsafe-unfairly-traded-products/"> official statement</a> on Friday "addressing the significant increased abuse of the de minimis exemption, in particular China-founded e-commerce platforms." Under current regulations, packages addressed to individuals&#8217; residences with a value of less than $800 can enter the U.S. duty-free and with less customs scrutiny.
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The White House statement said imports claiming the de minimis exemption have increased from approximately 140 million per year to over more than one billion over the past ten years, due mainly to increased shipments from Chinese e-commerce firms.&nbsp;
"This exponential increase in de minimis shipments makes it more challenging to enforce U.S. trade laws, health and safety requirements, intellectual property rights, consumer protection rules, and to block illicit synthetic drugs such as fentanyl and synthetic drug raw materials and machinery from entering the country," the Biden administration wrote in its statement.&nbsp;
PDD Responds: A PDD spokesperson responded to Reuters saying the company's growth does not depend on the de minimis policy.&nbsp;
"We are reviewing the new rule proposals and remain committed to delivering value to customers," the PDD spokesperson stated.&nbsp;
PDD Holdings shares are moving lower on above-average trading volume following the Biden Administration's announcement. According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, PDD's stock has lost more than 33% over the past month.&nbsp;
<h3 class="wp-block-heading">Will PDD Stock Go Up?</h3>
When trying to assess whether or not PDD Holdings will trade higher from current levels, it's a good idea to take a look at analyst forecasts. 
Wall Street analysts have an average 12-month price target of $159 on PDD Holdings. The Street high target is currently at $185 and the Street low target is $120. Of all the analysts covering PDD Holdings, 5 have positive ratings, one has a neutral rating and no one has negative ratings.
In the last month, 7 analysts have adjusted price targets. Here's a look at recent price target changes <a href="https://www.benzinga.com/quote/PDD/analyst-ratings">[Analyst Ratings]</a>. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering PDD Holdings have performed in recent history. 
Stocks don't move in a straight line. The average stock market return is approximately 10% per year. PDD Holdings is 34.63% down year-to-date. The average analyst price target suggests the stock could have further upside ahead.
For a broad overview of everything you need to know about PDD Holdings, visit <a href="https://www.benzinga.com/quote/PDD">here</a>. If you want to go above and beyond, there's no better tool to help you do just that than <a href="https://pro.benzinga.com/">Benzinga Pro</a>. Start your free trial today.
PDD Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, PDD Holdings shares are down 2.69% at $94.80 at the time of publication Friday.
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Image: Courtesy of PDD Holdings, Inc.

News

Movers

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Why Temu Parent PDD Holdings' Stock Is Down

UTime Ord Shs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTO#NASDAQ">WTO</a>) shares are trading lower by 16.8% to $0.64 during Friday&#8217;s session after the company announced a $5 million registered direct offering of 7,692,308 shares at <a href="https://www.benzinga.com/pressreleases/24/09/g40853387/utime-limited-announces-pricing-of-5-million-registered-direct-offering">$0.65 per share</a>.
The offering is expected to close around September 16, pending standard closing conditions. Gross proceeds are estimated at $5 million, before deducting expenses.
What Else: UTime shares also fell this week after the company announced and effected a&nbsp;<a href="https://www.benzinga.com/pressreleases/24/09/g40775812/utime-limited-announces-1-for-25-reverse-share-split">1-for-25 reverse share split</a>.
The move aimed to meet Nasdaq's minimum&nbsp;$1.00&nbsp;bid price requirement for continued listing.
The company said the reverse split will reduce the total number of outstanding shares from 450 million to approximately 18 million.
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According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, WTO has a 52-week high of $62.25 and a 52-week low of $0.58.

Why UTime (WTO) Stock Is Down 17% Today

WIIM

CHTR

Warner Bros. Discovery and Charter Communications shares are trading higher on continued strength after a recently announced multi-year partnership to integrate linear video and streaming services to enhance flexibility and value in video bundles.

Shares of RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) climbed 23.6% at last check Friday, after the company reported <a href="https://www.benzinga.com/news/earnings/24/09/40847203/adobe-rh-and-3-stocks-to-watch-heading-into-friday">upbeat second-quarter results</a>.
The company, also known as Restoration Hardware, reported its results amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
<ul>
<li>Bank of America <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/596f57cb35f48b00011db3eb/curtis-nagle">analyst Curtis Nagle</a> reiterated a Buy rating, while lifting the price target from $310 to $359.</li>
<li>Wedbush <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5846ee57ee7bf6000154d134/seth-basham">analyst Seth Basham</a> maintained a Neutral rating, while raising the price target from $250 to $310.</li>
<li>Telsey Advisory Group <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5f9ab74825a7ef0001015b59/cristina-fernandez">analyst Cristina Fernández</a> reaffirmed a Market Perform rating and price target of $290.</li>
<li>KeyBanc Capital Markets <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59009b5a0bd9910001e5f2aa/bradley-thomas">analyst Bradley Thomas</a> maintained a Sector Weight rating on the stock.</li>
</ul>
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
BofA Securities: RH reported second-quarter sales of $830 million, representing 3.6% year-on-year growth and coming in higher than Street expectations of $824 million, Nagle said. GAAP earnings of $1.45 per share missed consensus of $1.56 per share.
Demand growth accelerated throughout the quarter, indicating &#8220;significant&#8221; market share gains in North America, the analyst stated. Management lowered the full-year guidance for demand growth from 12%-14% to 8%-10% and revenue growth from 8%-10% to 5%-7%, as the inflection in demand came later than expected, he further stated.
Wedbush: RH's second-quarter results missed demand growth guidance by 200 basis points (bps) but the overall results were broadly in-line with expectations, Basham said. Although the company lowered its 2024 guidance, this was "less than feared," he added.
"RH is confident its new products with an improved price/value equation are resonating with consumers and remains bullish on its forward demand potential," the analyst wrote. He added, however, that the guidance implies a steep ramp in the back half of the year, "with limited visibility and execution risk on an unprecedented number of new products."
Telsey Advisory Group: RH reported earnings of $1.69 per share, beating consensus of $1.56 per share, Fernández said. "After most home-related companies missed revenue expectations during 2Q24, it was positive to see RH meet its 2Q24 outlook and call out that demand (i.e. order intake) was up 7%," she wrote.
Although demand was below RH&#8217;s internal target of 9%-10%, it outperformed peers in the second quarter, the analyst stated. "In addition, RH&#8217;s demand continued to build in August up 12% pointing to a positive reception to RH&#8217;s product introductions," she further wrote.
KeyBanc Capital Markets: While RH delivered an earnings beat, the second quarter figure benefitted from a lower tax rate, Thomas said. He added, however, that the company's second-quarter results reflect "improved demand, despite a challenging macro backdrop."
The consensus and management guidance for 2024 "have proven too optimistic, with RH taking down full-year demand, sales, and margin guidance," the analyst started. "We continue to see NT demand risks for the furniture industry, which could weigh on RH shares," he further wrote.
RH Price Action: Shares of RH had risen by more than 23% to $316.75 at the time of publication on Friday.
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Image: Flickr

Analyst Color

Earnings Beats

Price Target

Reiteration

Analyst Ratings

Trading Ideas

RH Shares Leap On Heels Of Q2 Revenue Report, But Analysts Say Management Is 'Too Optimistic'

TD Cowen analyst Helane Becker maintains Alaska Air Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) with a Buy and raises the price target from $51 to $52.

TD Cowen Maintains Buy on Alaska Air Gr, Raises Price Target to $52

Macro Economic Events

Market Summary

Economics

General

Benzinga Market Summary: Boeing Workers To Strike, Consumer Sentiment Beats Expectations, RH Surges On Strong Earnings And Price Target Raises

TD Cowen analyst Tyler Van Buren maintains Moderna (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) with a Hold and lowers the price target from $70 to $60.

MRNA

TD Cowen Maintains Hold on Moderna, Lowers Price Target to $60

Wells Fargo analyst Dori Kesten maintains Host Hotels &amp; Resorts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HST#NASDAQ">HST</a>) with a Overweight and lowers the price target from $21 to $19.

Wells Fargo Maintains Overweight on Host Hotels & Resorts, Lowers Price Target to $19

Over the past 24 hours, OKB's (CRYPTO:OKB) price has risen 3.61% to $40.44. This continues its positive trend over the past week where it has experienced a 13.0% gain, moving from $35.63 to its current price. As it stands right now, the coin's all-time high is $73.80. 
The chart below compares the price movement and volatility for OKB 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/2024/1726239822_0.png" alt="price_chart" />
OKB's trading volume has climbed 22.0% over the past week along with the circulating supply of the coin, which has increased 0.05%. This brings the circulating supply to 60.00 million, which makes up an estimated 20.0% of its max supply of 300.00 million. According to our data, the current market cap ranking for OKB is #39 at $2.42 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726239822_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
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

Cryptocurrency OKB Rises More Than 3% In 24 hours

TD Cowen analyst Karl Ackerman maintains Western Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>) with a Buy and lowers the price target from $95 to $80.

TD Cowen Maintains Buy on Western Digital, Lowers Price Target to $80

AECOM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACM#NYSE">ACM</a>) has outperformed the market over the past 5 years by 7.31% on an annualized basis producing an average annual return of 20.63%. Currently, AECOM has a market capitalization of $13.16 billion. 
Buying $1000 In ACM: If an investor had bought $1000 of ACM stock 5 years ago, it would be worth $2,574.20 today based on a price of $98.18 for ACM at the time of writing.
<h3>AECOM's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726239773_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In AECOM 5 Years Ago Would Be Worth This Much Today

Domino's Pizza (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) has outperformed the market over the past 10 years by 7.5% on an annualized basis producing an average annual return of 18.29%. Currently, Domino's Pizza has a market capitalization of $14.51 billion. 
Buying $100 In DPZ: If an investor had bought $100 of DPZ stock 10 years ago, it would be worth $537.61 today based on a price of $415.00 for DPZ at the time of writing.
<h3>Domino's Pizza's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726239768_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 10 Years Ago, You Would Have $500 Today

<a href="https://x.com/KossHeadphones/status/1834607831095681478">https://x.com/KossHeadphones/status/1834607831095681478</a>
&nbsp;

KOSS

KossHeadphones Posts Video On X Of Headphones, With A Release Date Of 09.16; Shares See A Pop In Volume

Stellar's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xlm/usd">XLM</a>) price has increased 3.11% over the past 24 hours to $0.10. Over the past week, XLM has experienced an uptick of over 8.0%, moving from $0.09 to its current price. As it stands right now, the coin's all-time high is $0.88. 
The chart below compares the price movement and volatility for Stellar 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/2024/1726239753_0.png" alt="price_chart" />
The trading volume for the coin has fallen 21.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.28%. This brings the circulating supply to 29.57 billion, which makes up an estimated 59.13% of its max supply of 50.00 billion. According to our data, the current market cap ranking for XLM is #34 at $2.84 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726239753_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$XLM

Cryptocurrency Stellar's Price Increased More Than 3% Within 24 hours

Over the past 24 hours, POL (ex-MATIC)'s (CRYPTO:POL) price has risen 14.59% to $0.43. This continues its positive trend over the past week where it has experienced a 15.0% gain, moving from $0.37 to its current price. As it stands right now, the coin's all-time high is $1.29. 
The chart below compares the price movement and volatility for POL (ex-MATIC) 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/2024/1726239746_0.png" alt="price_chart" />
POL (ex-MATIC)'s trading volume has climbed 763.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 24.4%. This brings the circulating supply to 7.09 billion. According to our data, the current market cap ranking for POL is #33 at $3.04 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1726239746_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Cryptocurrency POL (ex-MATIC)'s Price Increased More Than 14% Within 24 hours

Truist Securities analyst Richard Newitter reiterates Zimmer Biomet Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZBH#NYSE">ZBH</a>) with a Hold and lowers the price target from $117 to $112.

Truist Securities Reiterates Hold on Zimmer Biomet Holdings, Lowers Price Target to $112

A substantial insider sell was reported on September 12, by JOHN CHRISTOPHER PERRY, President at Broadridge Financial Soln (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BR#NYSE">BR</a>), based on the recent SEC filing.
What Happened: PERRY opted to sell 17,534 shares of Broadridge Financial Soln, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001383312/000122520824008627//Archives/edgar/data/1383312/000122520824008627/0001225208-24-008627-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The transaction's total worth stands at $3,741,859.
At Friday morning, Broadridge Financial Soln shares are up by 0.55%, trading at $211.68.
<h3>All You Need to Know About Broadridge Financial Soln</h3>
Broadridge Financial Solutions, which was spun off from ADP in 2007, is a leading provider of investor communications and technology-driven solutions to banks, broker/dealers, asset managers, wealth managers, and corporate issuers. Broadridge is composed of two segments: investor communication solutions, or ICS, and global technology and operations, or GTO.
<h3>Broadridge Financial Soln's Financial Performance</h3>
Revenue Growth: Broadridge Financial Soln displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 5.73%. This indicates a notable 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.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: With a low gross margin of 35.55%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Broadridge Financial Soln's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 2.75.
</li>
</ul>
Debt Management: With a high debt-to-equity ratio of 1.65, Broadridge Financial Soln faces challenges in effectively managing its debt levels, indicating potential financial strain.
Evaluating Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 35.93, Broadridge Financial Soln'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 3.85 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): A high EV/EBITDA ratio of 18.49 reflects market recognition of Broadridge Financial Soln's value, positioning it as more highly valued compared to industry peers.
</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>Delving Into the Significance of Insider Transactions</h3>
Considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
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>Unlocking the Meaning of 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=0001383312">Check Out The Full List Of Broadridge Financial Soln's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

JOHN CHRISTOPHER PERRY Executes Sell Order: Offloads $3.74M In Broadridge Financial Soln Stock

Bryan E Giles, Chief Financial Officer at Mission Produce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVO#NASDAQ">AVO</a>), executed a substantial insider sell on September 12, according to an SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001802974/000182589924000008//Archives/edgar/data/1802974/000182589924000008/0001825899-24-000008-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Giles sold 4,458 shares of Mission Produce. The total transaction amounted to $58,845. 
The latest update on Friday morning shows Mission Produce shares down by 0.49%, trading at $13.19.
<h3>Unveiling the Story Behind Mission Produce</h3>
Mission Produce Inc is engaged in the business of producing and distributing avocados, serving retail, wholesale, and food service customers. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution and International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a distribution network.
<h3>Unraveling the Financial Story of Mission Produce</h3>
Revenue Growth: Mission Produce displayed positive results in 3 months. As of 31 July, 2024, the company achieved a solid revenue growth rate of approximately 23.95%. This indicates a notable 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 Consumer Staples sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 11.42%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Mission Produce's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.17.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.45, Mission Produce adopts a prudent financial strategy, indicating a balanced approach to debt management.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 40.15 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 0.83 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Mission Produce's EV/EBITDA ratio, surpassing industry averages at 12.88, positions it with an above-average valuation in the market.
</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.
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<h3>Delving Into the Significance of Insider Transactions</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
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>Deciphering Transaction Codes in Insider Filings</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=0001802974">Check Out The Full List Of Mission Produce's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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