Arizona State Retirement System decreased its stake in Kennametal Inc. (NYSE:KMT) by 11.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,571 shares of the industrial products company’s stock after selling 2,671 shares during the period. Arizona State Retirement System’s holdings in Kennametal were worth $775,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in KMT. BlackRock Inc. lifted its holdings in shares of Kennametal by 3.0% in the 1st quarter. BlackRock Inc. now owns 10,019,833 shares of the industrial products company’s stock worth $400,493,000 after purchasing an additional 291,515 shares during the last quarter. Jennison Associates LLC lifted its holdings in shares of Kennametal by 21.6% in the 1st quarter. Jennison Associates LLC now owns 969,887 shares of the industrial products company’s stock worth $38,766,000 after purchasing an additional 172,267 shares during the last quarter. Burgundy Asset Management Ltd. lifted its holdings in shares of Kennametal by 6.6% in the 1st quarter. Burgundy Asset Management Ltd. now owns 2,620,746 shares of the industrial products company’s stock worth $104,751,000 after purchasing an additional 161,285 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Kennametal by 7.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,978,781 shares of the industrial products company’s stock valued at $79,092,000 after acquiring an additional 132,090 shares during the period. Finally, Geode Capital Management LLC increased its position in Kennametal by 8.1% in the 1st quarter. Geode Capital Management LLC now owns 1,378,793 shares of the industrial products company’s stock valued at $55,110,000 after acquiring an additional 103,485 shares during the period.
Top Gold Stocks To Watch For 2023: Cloudflare, Inc.(NET)
CloudFlare, Inc. operates a cloud platform that delivers a range of network services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and Internet of Things (IoT) devices. Its security products comprise cloud firewall, bot management, distributed denial of service, IoT, SSL/TLS, secure origin connection, and rate limiting products. The company also offers performance solutions, which include content delivery, intelligent routing, and mobile software development kit, as well as content, mobile, and image optimization solutions. In addition, it provides reliability solutions comprising load balancing, anycast network, virtual backbone, DNS, DNS resolver, and always online solutions that enhances Internet experience and allows customers to run their digital operations efficiently. Further, the company provides Cloudflare internal infrastructure solutions, including on-ramps, which connect users, devices, or locations to Cloudflare's network; and filters, which are the products that protect, inspect, and privilege data. Additionally, it offers developer-based solutions, such as serverless computing/programmable network, website development, domain registration, Cloudflare apps, and analytics; Consumer DNS Resolver, a consumer application to browse the Internet; and Consumer VPN for consumers designed to secure and accelerate traffic on mobile devices. The company serves customers in technology, healthcare, financial services, consumer and retail, and non-profit industries, as well as government. It has a strategic agreement with Baidu, Inc. and JD Cloud & AI. CloudFlare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
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For his second “Executive Decision” segment, Cramer spoke with Matthew Prince, founder, chairman and CEO of CloudFlare (NET) – Get Cloudflare Inc Class A Report, the network and cybersecurity provider that's celebrating the two-year anniversary of its IPO. Since that time, shares of Cloudflare have soared 700%.
- [By Dana Blankenhorn]
Intel’s current chips keep losing share to AMD in the data center. They use too much energy, says Cloudflare (NYSE:NET), which rejected Intel chips for its homebrew servers. Cloud czars like Apple (NASDAQ:AAPL) are also starting to produce their own chips, using designs from Arm Holdings, which Nvidia (NASDAQ:NVDA) is trying to buy from Softbank (OTCMKTS:SFTBY).
Top Gold Stocks To Watch For 2023: Dave & Buster's Entertainment, Inc.(PLAY)
References to the “Company,” “we,” “us,” “our” and “Dave & Buster’s” in this Annual Report on Form 10-K (the “Report”) are references to Dave & Buster’s Entertainment, Inc. (“D&B Entertainment”) and its subsidiaries.
We are a leading owner and operator of high-volume entertainment and dining venues under the name “Dave & Buster’s”. The core of our concept is to offer our customers the opportunity to “Eat Drink Play and Watch” all in one location. Eat and Drink is offered through a full menu of “Fun American New Gourmet” entrées and appetizers and a full selection of non-alcoholic and alcoholic beverages. Our Play and Watch offerings provide an extensive assortment of entertainment attractions centered around playing games and watching live sports and other televised events. Our customer mix skews moderately to males, primarily between the ages of 21 and 39, and we believe we also serve as an attractive venue for families with children and teenagers. Advisors’ Opinion:
- [By Garrett Baldwin]
SIT THIS ONE OUT and you could miss an American economic revolution that could send three little pot stocks soaring up to 1,000%. Click here to see why…
Netflix Inc. (NASDAQ: NFLX) is in the middle of a big battle between the U.S. Department of Justice (DOJ) and the Motion Picture Academy. According to the letter, the DOJ is concerned about a recent rule change by the MPA that requires films to be released more widely in traditional movie theaters to qualify for Academy Awards. This could limit the participation in these awards for companies like Netflix, Hulu, and Amazon.com Inc. (NASDAQ: AMZN). The DOJ suggests the rule may raise anti-trust concerns in the future. Shares of Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY) popped more than 7.5% after the restaurant and gaming chain topped Wall Street earnings expectations. The firm beat both top- and bottom-line revenue expectations and reported a big jump in same-store sales. Today, look for more earnings reports from Acuity Brands Inc. (NYSE: AYI) and Signet Jewelers Ltd. (NYSE: SIG).
These 3 Stocks Are the Key to 2019’s Greatest Profits
The 2018 midterm election was a turning point for the cannabis industry.
- [By Garrett Baldwin]
5G Is Coming: The tech breakthrough of the century could rest on this $6 stock – get all the details here.
Investors in Lyft Inc. (NASDAQ: LYFT) are fuming after the price of the ride-sharing giant’s stock fell below the launch price of $72. Shares plunged almost 12% Monday, and they’re now off sharply from the high of $86 that we saw on the first day of trading. Some Wall Street analysts suggest the fall in price is a signal that valuations of Unicorn companies like Lyft and Uber are too lofty in today’s market. Today, we have to take a victory lap since we warned investors to avoid the Lyft IPO. Amazon.com Inc. (NASDAQ: AMZN) is about to make things far more difficult for its grocery store competition. In an effort to jump-start sales at Whole Foods, Amazon plans to slash prices Wednesday on more than 500 products, including produce and meat. Look for earnings reports from Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY), NovaGold Resources Inc. (NYSE: DG), and GameStop Corp. (NYSE: GME).
5G Is Coming: The Breakthrough of the Century Could Rest on This $6 Stock
CNBC reports that this opportunity is worth $12.3 trillion… and it’s gearing up to make an appearance all over America.
- [By Motley Fool Transcribing]
Dave & Buster’s Entertainment (NASDAQ:PLAY) Q4 2018 Earnings Conference CallApril 2, 2019 5:00 p.m. ET
Prepared Remarks Questions and Answers Call Participants
Top Gold Stocks To Watch For 2023: GXO Logistics, Inc.(GXO)
GXO Logistics, Inc. provides supply chain management solutions for multinational companies and blue-chip market leaders worldwide. It serves consumer packaged goods, ecommerce, food and beverage, retail, technology, and consume electronic industries. The company was incorporated in 2021 and is based in Greenwich, Connecticut. GXO Logistics, Inc. operates independently of XPO Logistics, Inc. as of August 2, 2021.
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Breakups are a great way for companies to unlock a lot of value, Cramer reminded viewers. That's certainly been the case with XPO Logistics (XPO) – Get Report, which recently spun off GXO Logistics (GXO) – Get Report, and with the former L Brands, which split itself into Victoria's Secret (VSCO) – Get Report and Bath & Body Works (BBWI) – Get Report.
- [By Jeremy Bowman (TMFHobo)]
The transportation company just spun off its contract logistics division, GXO Logistics (NYSE:GXO), making it easier for investors to value the stock compared with less-than-truckload peers like Old Dominion and Saia. XPO also just posted record results in its second-quarter earnings report, showing the company is benefiting from the economic reopening.