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These mid-cap stocks were the best performers in the last week. Are they in your portfolio? Lemonade, Inc. LMND shares jumped 47.99% after the company’s Investor Day event. Several analysts raised the price forecast on the stock . Archer Aviation Inc. ACHR shares escalated 46.96%. Needham analyst initiated coverage on Archer Aviation with a Buy rating and a price target of $11 . C3.ai, Inc. AI stock zoomed 43.98% after the company announced a strategic alliance with Microsoft Corp MSFT and expanded its partnership with Capgemini . Oklo Inc. OKLO stock rocketed 40%. The stock may have gained in response to its acquisition target Atomic Alchemy which signed an MOU with Zeno Power to provide fuel for commercial radioisotope power systems. Applied Digital Corporation APLD stock increased 36.24%. Unity Software Inc. U shares rose 35.70%. Nebius Group N.V. NBIS shares were up 33.47% after the company announced an expansion to its AI infrastructure in the U.S. with the Kansas City GPU cluster and three new offices . NuScale Power Corporation SMR stock surged 31.29%. Hims & Hers Health, Inc. HIMS shares jumped 31.11%. The company launched meal replacement bars and shakes to enhance personalized weight loss plans . Also Read: Target, Alibaba And Temu Parent PDD Are Among Top 10 Large-Cap Losers Last Week (Nov 18-Nov 22): Are The Others In Your Portfolio? Super Micro Computer, Snowflake And MicroStrategy Are Among Top 10 Large-Cap Gainers Last Week (Nov 18-Nov 22): Are The Others In Your Portfolio? Image via Walmart © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Apple has just released iOS 18.2, and it’s packed with exciting new features and enhancements. Headlining the update is the integration of ChatGPT into Siri, bringing a new level of intelligence and conversational ability to Apple’s voice assistant. But that’s not all – iOS 18.2 also introduces a suite of advanced AI capabilities across the operating system, along with improvements to performance, security, and more. This update is available now for all compatible iPhones and iPads. To download it, simply go to Settings > General > Software Update. So, what can you expect from this latest release? Let’s dive into the details! ChatGPT Revolutionizes Siri The most significant change in iOS 18.2 is undoubtedly the integration of ChatGPT with Siri. This powerful language model, developed by OpenAI, allows Siri to understand and respond to your requests in a more natural and conversational manner. What does this mean for you? My experience: I was genuinely amazed by how much more intelligent Siri feels with ChatGPT. I asked it to “write a short story about a cat who goes on an adventure,” and it actually generated a creative and engaging story! This level of sophistication was unthinkable with the previous version of Siri. AI-Powered Features Across the OS Beyond Siri, iOS 18.2 leverages AI to enhance various aspects of the user experience. Here are some notable examples: My thoughts: These AI enhancements are subtle but significant. They make the iPhone feel more intuitive and personalized, anticipating your needs and making everyday tasks easier. Performance and Security Enhancements As with every iOS update, Apple has also focused on improving performance and security in iOS 18.2. My observations: While I haven’t conducted extensive battery tests, I have noticed a slight improvement in battery life since updating. The overall performance of the OS feels snappier and more responsive. Other Notable Changes In addition to the major features mentioned above, iOS 18.2 also includes a number of smaller but noteworthy changes: Should You Update to iOS 18.2? Absolutely! iOS 18.2 is a significant update that brings a host of new features and improvements. The integration of ChatGPT with Siri alone makes it worth the upgrade, but the additional AI enhancements, performance optimizations , and security updates make it a must-have for all iPhone and iPad users. My recommendation: Back up your device and update to iOS 18.2 today to experience the future of mobile computing! Looking Ahead With iOS 18.2, Apple has demonstrated its commitment to pushing the boundaries of mobile technology. The integration of advanced AI capabilities like ChatGPT is a game-changer, and it will be exciting to see how Apple further develops and expands these features in future updates.
MILWAUKEE (AP) — Giannis Antetokounmpo was available for the Milwaukee Bucks against the Washington Wizards Saturday night after missing one game with swelling in his left knee. Antetokounmpo sat out the Bucks’ 106-103 NBA Cup victory at Miami on Tuesday. The two-time MVP had been listed as probable with tendinopathy in his right patellar tendon. “He’s good,” Bucks coach Doc Rivers said before the game. Antetokounmpo entered Saturday as the league’s leading scorer at 32.4 points per game. He ranked fifth in rebounds (11.9) and 20th in assists (6.4). ___ AP NBA:
Advisors Asset Management Inc. grew its holdings in shares of Lincoln Electric Holdings, Inc. ( NASDAQ:LECO – Free Report ) by 221.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 721 shares of the industrial products company’s stock after buying an additional 497 shares during the quarter. Advisors Asset Management Inc.’s holdings in Lincoln Electric were worth $138,000 at the end of the most recent reporting period. Other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its stake in shares of Lincoln Electric by 174.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 107 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 68 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in Lincoln Electric in the second quarter worth $28,000. UMB Bank n.a. lifted its position in Lincoln Electric by 97.9% in the third quarter. UMB Bank n.a. now owns 283 shares of the industrial products company’s stock worth $54,000 after buying an additional 140 shares during the last quarter. Quarry LP boosted its stake in Lincoln Electric by 41.5% during the second quarter. Quarry LP now owns 300 shares of the industrial products company’s stock worth $57,000 after buying an additional 88 shares during the period. Finally, Blue Trust Inc. boosted its stake in Lincoln Electric by 308.5% during the third quarter. Blue Trust Inc. now owns 335 shares of the industrial products company’s stock worth $63,000 after buying an additional 253 shares during the period. Institutional investors own 79.61% of the company’s stock. Wall Street Analyst Weigh In Several equities research analysts have recently issued reports on LECO shares. StockNews.com upgraded shares of Lincoln Electric from a “hold” rating to a “buy” rating in a report on Monday, November 25th. KeyCorp boosted their target price on Lincoln Electric from $210.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, November 14th. Robert W. Baird cut their target price on Lincoln Electric from $220.00 to $212.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 4th. Finally, Stifel Nicolaus raised their price target on Lincoln Electric from $184.00 to $185.00 and gave the stock a “hold” rating in a research note on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $220.00. Lincoln Electric Stock Performance Shares of NASDAQ:LECO opened at $218.48 on Friday. The firm’s 50 day simple moving average is $200.11 and its 200-day simple moving average is $196.57. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.20 and a current ratio of 1.85. Lincoln Electric Holdings, Inc. has a one year low of $169.51 and a one year high of $261.13. The firm has a market cap of $12.33 billion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 1.65 and a beta of 1.14. Lincoln Electric ( NASDAQ:LECO – Get Free Report ) last released its quarterly earnings data on Thursday, October 31st. The industrial products company reported $2.14 EPS for the quarter, topping the consensus estimate of $2.05 by $0.09. Lincoln Electric had a return on equity of 40.03% and a net margin of 11.93%. The company had revenue of $983.76 million for the quarter, compared to the consensus estimate of $988.07 million. During the same period last year, the business posted $2.40 EPS. Lincoln Electric’s quarterly revenue was down 4.8% on a year-over-year basis. As a group, equities analysts predict that Lincoln Electric Holdings, Inc. will post 8.75 EPS for the current year. Lincoln Electric Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.75 dividend. The ex-dividend date is Tuesday, December 31st. This is a positive change from Lincoln Electric’s previous quarterly dividend of $0.71. This represents a $3.00 dividend on an annualized basis and a yield of 1.37%. Lincoln Electric’s dividend payout ratio is 35.80%. Insiders Place Their Bets In other Lincoln Electric news, SVP Michael J. Whitehead sold 1,100 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $175.96, for a total transaction of $193,556.00. Following the completion of the sale, the senior vice president now owns 11,178 shares in the company, valued at $1,966,880.88. This represents a 8.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website . 2.63% of the stock is owned by company insiders. Lincoln Electric Profile ( Free Report ) Lincoln Electric Holdings, Inc, through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business in the United States. Read More Five stocks we like better than Lincoln Electric Utilities Stocks Explained – How and Why to Invest in Utilities The Latest 13F Filings Are In: See Where Big Money Is Flowing Using the MarketBeat Stock Split Calculator 3 Penny Stocks Ready to Break Out in 2025 How to Invest in Biotech Stocks FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential Receive News & Ratings for Lincoln Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Electric and related companies with MarketBeat.com's FREE daily email newsletter .JJ Watt Destroys Browns' Myles Garrett With The Truth After He Calls Out Steelers' TJ Watt
No secrets as Bucs visit Dave Canales, Panthers for NFC South showdownFaruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Match To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 in Match between May 2, 2023 and November 6, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) . [You may also click here for additional information] NEW YORK, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP , a leading national securities law firm, is investigating potential claims against Match Group, Inc. (“Match” or the “Company”) (NASDAQ: MTCH) and reminds investors of the January 24, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com . As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Match Group materially understated the challenges affecting Tinder and, as a result, understated the risk that Tinder’s monthly active user count would not recover by the time the Company reported its financial results for the third quarter of 2024; and (2) as a result, defendants’ statements about Match Group’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. On November 7, 2024, Investopedia published an article entitled “Match Group Stock Slips as Fourth Quarter Outlook Disappoints.” This article said that “[s]hares of online dating giant Match Group tumbled Thursday morning despite a third-quarter earnings beat released after the bell Wednesday. [. . .] Match said Tinder Direct revenue came in below its own expectations, as the app’s monthly active users (MAUs) declined 9% from the same time last year and its revenue per payer (RPP) grew less than expected. Some new features tested with Tinder users in the quarter negatively impacted subscription revenue, which the company said will likely also have an impact on fourth quarter revenue.” On this news, the price of Match Group stock fell by 17.8% to close at $31.11 per share on November 7, 2024. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Match’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Match class action, go to www.faruqilaw.com/MTCH or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) . Follow us for updates on LinkedIn , on X , or on Facebook . Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fdafeab3-e66c-4705-b292-211a18341546
The Anambra State Police Command has successfully rescued two kidnapped young women and apprehended four suspects involved in the crime. According to a press statement released by the state police spokesperson, SP Tochukwu Ikenga, the operation was conducted by officers from the Oba Police Divisional Headquarters in Idemili South Local Government Area. The statement revealed that the rescue mission unfolded after a ransom of N200,000 was paid to secure the victims’ release. “Police operatives attached to the Oba Police Divisional Headquarters in Idemili South Local Government Area on November 27, 2024, by 11:54 AM, arrested one notorious kidnapper and three other accomplices after a ransom of two hundred thousand Naira was paid for the release of the victims in captivity,” the statement detailed. The rescued victims were identified as two females between the ages of 15 and 19 years old. An initial investigation suggests that the suspects, led by 19-year-old Ifechukwu Ibesimako from Aboji Village Oba, lured the victims through social media interactions, establishing friendships before holding them hostage. Their release was contingent upon a ransom payment from the victims’ families. The apprehension of this group also sheds light on additional criminal activities in the area. It was discovered that another female victim had previously been kidnapped, forced to pay a ransom, and subsequently released months ago. Following these developments, the Commissioner of Police, CP Nnaghe Obono Itam, issued a public warning. He urged young people to exercise caution when interacting with individuals online. Additionally, he directed the immediate transfer of the suspects to the Command’s anti-kidnapping/robbery squad for a thorough investigation.As we patiently waited with others for the elevator to arrive on the ground floor of the Nigerian Mission to the United Nations in New York on a September morning (only one of the elevators was working!), a few people who recognized him seemed to gasp as they realized that such an eminent global citizen and former head of the Mission was standing there unassumingly. That was Ibrahim Agboola Gambari, global diplomat, statesman, retired professor of International Relations, ex-Under Secretary-General (Political) of the United Nations, ex-External Affairs Minister, ex-Nigeria’s Permanent Representative to the United Nations, immediate past Chief of Staff to the President, Ilorin prince, gentleman extraordinaire, and one of the humblest (global) eminent persons you will ever encounter. We were at the Nigerian Mission House on Kudirat Abiola Corner, Second Avenue, New York, last September, the week preceding the United Nations General Assembly, to inquire about connecting with two visiting African heads of state. More precisely, Professor Gambari was with me at the Nigerian Mission to help facilitate an invitation for the two African leaders to visit my university. Since he left the Mission in late 1999, he had avoided, as much as possible, causing a “distraction” by visiting the imposing Mission house. But he did so that day for my sake. That’s the measure of the man. He would often go to any length to help anyone who needed his help. And he would do so as elegantly, smoothly, or inconspicuously as the occasion demanded. Indeed, Gambari’s modesty is legendary. Though the underlying aim of this tribute is to ask that the tireless, peripatetic, and newly minted octogenarian, who celebrated his 80 th on November 24, be put to further service, I would like to place my personal experience of the life and times of this immensely considerate man in some context to not only re-emphasize his global eminence but also to underscore his good-nature and generosity of spirit. Indeed, much more can be added to the glowing tributes already rendered. Yet, there is no need to repeat what they eloquently attested to in a late tribute as this. Still, it is necessary to contextualize the present request that comes in the guise of a tribute. Gambari’s accomplishments have already been exhibited, acknowledged, celebrated, and cataloged by the United Nations, African Union, and ECOWAS, and in Nigeria, South Africa, Myanmar, Sudan, etc. And he continues to be honoured for his contributions to global peace and security. Indeed, Gambari brought a calm intensity to the meticulous and often veiled art of diplomacy and international relations. As he worked in the halls of the United Nations and presidential palaces around the world, negotiating complicated or convoluted deals either with probable or improbable leaders, some of them wily and cruelly recalcitrant (like General Sani Abacha, the Myanmar Generals, and the ex-Sudanese dictator, Omar al-Bashir), some graceful or gracefully detached, and some others haughtily imperious or dismissive (like Secretary of State, Condoleezza Rice), what he brought to bear on his multivarious tasks was not only deep knowledge and diplomatic savvy, but also personal convictions and refinement. He was not only part of that golden era of Nigeria’s foreign policy making and implementation when the nation, despite being under the reign of soldiers, exerted itself in the subregion, the continent, and the world at large, but he also translated and effectively deployed his experience when he joined the United Nations. Even in periods that were not his finest moments, such as defending Nigeria in the global forum under the homicidal regime of General Abacha, he tried not to be an obnoxious reflection of the despicable general he was representing. Over the last three decades, I have witnessed the respect he has attracted in his personal and professional life. For instance, when President Olusegun Obasanjo’s administration replaced him as the Head of Nigeria’s Mission at the United Nations in late 1999, I was in New York on a fellowship at the New School for Social Research (briefly renamed New School University). Professor Gambari invited me to every one of the countless farewell cocktails or dinners held in his honour by his colleagues. Almost every head of the diplomatic mission manoeuvred to find a date to host Gambari. From the most exclusive dinner in the beautiful penthouse home of the Lichtenstein envoy to the UN, to which only about 12 of us were invited, including the Dean of UN Ambassadors and the ambassadors of the US, Canada, and Gambari’s most graceful and even more self-effacing wife to the larger dinner hosted by African permanent representatives to the UN, and another by the Nigerian Mission attended by the Secretary-General of the UN, Kofi Annan, the testimonies to Gambari’s effectiveness as Nigeria’s ambassador to the global forum, the depth and breadth of the relationships he cultivated, and his immense contributions to global peace and security were not only heartwarming, they made one proud to share his national identity. However, such was the high number of invitations to dinners and cocktails that Gambari received and to which he invited me along that I was afraid that my academic fellowship in New York ran the risk of turning into an excuse for gastronomical excursions – and excess. And that I might, at the end of the dinners, find it difficult to return to my more proletarian tastes. I found some excuses to miss a few, which Gambari diplomatically accepted. What is remarkable about the Ilorin prince is that he is as comfortable in the hallowed halls of the UN and among global leaders as he is in the world’s remotest parts and among everyday folks. Even those young enough to be his sons, Gambari calls “brothers” and not just “friends.” And he shares with his younger “brothers” some of his intriguing experiences around the world, the sweetest of which he sometimes narrates in his inimitable Ilorin-Yoruba accent. Such was the nature of his accomplishments that about 30 years ago, my friend, Laolu Akande, arguably Nigeria’s most effective education reporter and later editor and recently vice-presidential spokesman, embarked on a project of writing Gambari’s biography during our years as reporters. Recently, Laolu and I reflected that the man was “only” 50 when we were already persuaded that he deserved a biography. Since then, we have had the privilege to know the man genuinely. I recall an occasion around 1995 when he and his now late former student-turned-friend, Mr. Wale Adeeyo, stopped over to see Laolu and I at the Tribune house in Imalefalafia, Ibadan. The two were on a trip to some place outside Ibadan when we called to request a brief chat regarding our book project. When they arrived at the Tribune house, we couldn’t find a suitable space in Tribune to host them. He then asked that we get into the car to find a suitable space. A few minutes later, as we drove towards the back entrance of Liberty Stadium, Adeeko, who loathed wasting others or his own time, suggested that they shouldn’t drive us too far away from our office and that they stopped to find a place to chat briefly. Adeeyo, who knew the modesty of his former teacher too well, requested from a woman selling some odds and ends by the roadside if we could sit on her spare bench for a while. She obliged. Gambari sat there with us for a short interview. When we were done, Adeeyo gave the woman a generous gift. The woman could not have imagined that the man sharing her bench was Nigeria’s permanent representative at the United Nations. By the way, please do not ask me what happened to the book we were writing. As anyone who has worked in this line of business would attest, some of the most critical writing projects risk regretful abandonment. This brings me to the primary purpose of this tribute: a modest proposal. Given Gambari’s experience, unceasing readiness to serve his country, and the current state of Nigeria’s international reputation and diplomatic influence, President Bola Tinubu’s administration would be well-served to leverage these. For instance, the President can set up an Eminent Persons Foreign Policy Advisory Board comprising the three most distinguished Nigerian diplomats alive today: Professor Ibrahim Gambari, former Commonwealth Secretary-General, Chief Emeka Anyaoku, and former Minister of External Affairs, Professor Bolaji Akinyemi. These three can suggest the most transformative steps that can be taken to reinvigorate Nigeria’s international influence. Even without the attendant blessings of excess crude dollars of the past that helped in leveraging Nigeria’s regional, continental, and global influence, the President could restore the glorious years of Nigeria’s foreign policy if he listened to the counsel of these three great men. Meanwhile, in whatever part of the world this felicitation finds Gambari, here’s a belated happy 80 th birthday! Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more. Join our WhatsApp Channel nowDePaul rolls in second half, defeats Wichita State 91-72
Conor McGregor’s ‘Billionaire Strut’ was inspired by a WWE legend. Conor McGregor is known for wild finishes, pre-fight trash talk, and his ascent to the biggest pay-per-view draw in UFC history. After making a massive fortune with his performances in the Octagon, McGregor made it a significant part of his UFC walkouts beginning at UFC 205. McGregor’s coined ‘Billionaire Strut’ debuted as McGregor made the walk to the Octagon as he vied for ‘champ-champ’ status at UFC 205 . He defeated UFC lightweight champion Eddie Alvarez in the main event to make history as the promotion’s first simultaneous two-division titleholder. McGregor went on to utilize the strut in the leadup to fights with Khabib Nurmagomedov , Donald Cerrone, and Dustin Poirier throughout his career. Fans were in awe of McGregor’s swagger when he first introduced his signature cage walk, but not many fans and pundits know the story behind it. READ MORE: Incredible Ilia Topuria KO rumor addressed by UFC star who refutes claims made by Eddie Alvarez and Gilbert Burns The roots of Conor McGregor’s ‘Billionaire Strut’ linked to WWE legend It turns out that McGregor’s infamous strut came from former WWE headman Vince McMahon. “I perfected it. Vince is a legend. I love Vince. Vince McMahon is a mad b**tard, he’s a mad man,” McGregor said in a 2017 interview with Fight Hub TV . ( h/t SportsKeeda ) McMahon made the strut part of his persona during his long career as the main promoter of WWE. No one copied McMahon during his stint until McGregor did a spin-off on it at UFC 205. Several top UFC fighters, including McGregor’s fellow countryman Ian Machado Garry, have nodded to the ‘billionaire strut’ in recent years. It’s also been used as a touchdown celebration by several players in the NFL. READ MORE: ‘I apologise to all Kimbo Slice fans’...Tik Tok star Bryce Hall vows to land upset in BKFC comeback against legend’s son Conor McGregor in preliminary talks to fight one of the Paul brothers McGregor hasn’t competed in the Octagon since a doctor’s stoppage loss to Poirier at UFC 264. He’s targeting a late-2025 comeback against a to-be-determined opponent. McGregor has also been in recent discussions to face either Jake or Logan Paul in a boxing match next year in India, sometime in the summer. While nothing is official as of this writing, both Paul brothers are linked to the potential McGregor fight, as McGregor seemed to confirm in a series of social media posts. While McGregor has had some late struggles in the UFC, he remains the biggest superstar in the promotion’s history. His infamous ‘billionaire strut’ captured the aura of McGregor’s fighting prime. READ MORE: Dana White names his four top MMA fighters including Jon Jones and other UFC legends
Hornets star LaMelo Ball (calf) out at least two weeksAdvisors Asset Management Inc. trimmed its position in Lyft, Inc. ( NASDAQ:LYFT – Free Report ) by 12.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 8,302 shares of the ride-sharing company’s stock after selling 1,180 shares during the quarter. Advisors Asset Management Inc.’s holdings in Lyft were worth $106,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also made changes to their positions in LYFT. CWM LLC lifted its stake in Lyft by 26.4% in the second quarter. CWM LLC now owns 6,968 shares of the ride-sharing company’s stock worth $98,000 after acquiring an additional 1,457 shares during the period. Comerica Bank raised its holdings in shares of Lyft by 310.3% in the 1st quarter. Comerica Bank now owns 102,576 shares of the ride-sharing company’s stock valued at $1,985,000 after purchasing an additional 77,578 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Lyft in the 2nd quarter worth approximately $388,000. New York State Teachers Retirement System bought a new position in shares of Lyft during the third quarter valued at approximately $423,000. Finally, Susquehanna Fundamental Investments LLC purchased a new position in Lyft during the second quarter valued at approximately $3,349,000. Institutional investors own 83.07% of the company’s stock. Lyft Price Performance NASDAQ:LYFT opened at $17.36 on Friday. The firm’s fifty day moving average is $14.70 and its two-hundred day moving average is $13.61. The firm has a market cap of $7.20 billion, a price-to-earnings ratio of -108.50, a PEG ratio of 4.98 and a beta of 2.04. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.75 and a current ratio of 0.75. Lyft, Inc. has a one year low of $8.93 and a one year high of $20.82. Analyst Ratings Changes A number of analysts have weighed in on LYFT shares. Citigroup lowered their target price on Lyft from $18.00 to $10.00 and set a “neutral” rating for the company in a report on Thursday, August 8th. Canaccord Genuity Group upped their price objective on Lyft from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Deutsche Bank Aktiengesellschaft cut their target price on Lyft from $15.00 to $11.00 and set a “hold” rating on the stock in a research note on Thursday, August 8th. Royal Bank of Canada decreased their price target on shares of Lyft from $24.00 to $17.00 and set an “outperform” rating for the company in a research report on Thursday, August 8th. Finally, Cantor Fitzgerald lifted their price objective on shares of Lyft from $13.00 to $16.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Twenty-eight investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.55. View Our Latest Stock Analysis on Lyft Insider Transactions at Lyft In related news, CAO Lisa Blackwood-Kapral sold 9,081 shares of the company’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $18.02, for a total value of $163,639.62. Following the completion of the transaction, the chief accounting officer now owns 332,243 shares of the company’s stock, valued at approximately $5,987,018.86. This represents a 2.66 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, Director John Patrick Zimmer sold 2,424 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $11.32, for a total value of $27,439.68. Following the transaction, the director now owns 929,638 shares in the company, valued at $10,523,502.16. This represents a 0.26 % decrease in their position. The disclosure for this sale can be found here . Insiders have sold 19,990 shares of company stock valued at $317,333 in the last 90 days. 3.07% of the stock is currently owned by company insiders. Lyft Profile ( Free Report ) Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It operates multimodal transportation networks that offer access to various transportation options through the Lyft platform and mobile-based applications. The company's platform provides a ridesharing marketplace, which connects drivers with riders; Express Drive, a car rental program for drivers; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. Featured Articles Want to see what other hedge funds are holding LYFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lyft, Inc. ( NASDAQ:LYFT – Free Report ). Receive News & Ratings for Lyft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lyft and related companies with MarketBeat.com's FREE daily email newsletter .