Innovator ETFs Trust Innovator Premium Income 20 Barrier ETF - April (BATS: APRH)

Latest news for Innovator ETFs Trust Innovator Premium Income 20 Barrier ETF - April (BATS:APRH)

The Fund is an actively managed exchange-traded fund (ETF) that invests in U.S. Treasury bills (the U.S. Treasuries) and FLexible EXchange Options (FLEX Options) that use as a reference asset a broad-based U.S. equity index, specifically the S&P 500 Price Return Index (the U.S. Equity Index). Due to the unique mechanics of the Funds strategy, the return an investor can expect to receive from an investment in the Fund has characteristics that are distinct from many other investment vehicles. It is important that an investor understand the characteristics of the Fund before making an investment in the Fund. As described further below, the Fund differs from other funds that utilize a defined outcome investment strategy.

Innovator Premium Income 20 Barrier ETF - April

Innovator ETFs Trust Innovator Premium Income 20 Barrier ETF - April

State Street (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STT#NYSE">STT</a>) reported quarterly earnings of $2.15 per share which beat the analyst consensus estimate of $2.03 by 5.91 percent. The company reported quarterly sales of $3.191 billion which beat the analyst consensus estimate of $3.146 billion by 1.42 percent. This is a 2.60 percent increase over sales of $3.110 billion the same period last year.

Earnings

Earnings Beats

News

State Street Q2 2024 GAAP EPS $2.15 Beats $2.03 Estimate, Total Revenue $3.191B Beat $3.146B Estimate

General

MDWD

MediWound Selected For €16.25M Funding From The European Innovation Council Accelerator Program

Morgan Stanley analyst Mike Cyprys maintains BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) with a Overweight and raises the price target from $1013 to $1036.

Price Target

Analyst Ratings

Morgan Stanley Maintains Overweight on BlackRock, Raises Price Target to $1036

Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) reported quarterly earnings of $0.73 per share which beat the analyst consensus estimate of $0.72 by 1.39 percent. The company reported quarterly sales of $4.69 billion which beat the analyst consensus estimate of $4.68 billion by 0.20 percent. This is a 0.73 percent increase over sales of $4.66 billion the same period last year.

SCHW

Charles Schwab Q2 2024 Adj EPS $0.73 Beats $0.72 Estimate, Sales $4.69B Beat $4.68B Estimate

WIIM

Morgan Stanley shares are trading higher following better-than-expected Q2 earnings.

Philip Morris International U.S. Affiliate To Create 500 Jobs Investing $600M In Colorado Manufacturing Facility

Biotech

Health Care

BTAI

BioXcel Therapeutics Announced Preliminary Sales Of Igalmi (Dexmedetomidine) Sublingual Film For Q2 Of Approximately $1.1M, Up Approximately 90% Quarter Over Quarter And Approximately 141% Year-over-year

Dividends

Morgan Stanley Raises Dividend From $0.85 To $0.925/Share

Morgan Stanley analyst Betsy Graseck maintains Goldman Sachs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) with a Overweight and raises the price target from $475 to $513.

Morgan Stanley Maintains Overweight on Goldman Sachs Gr, Raises Price Target to $513

Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) reported quarterly earnings of $1.82 per share which beat the analyst consensus estimate of $1.65 by 10.3 percent. The company reported quarterly sales of $15.00 billion which beat the analyst consensus estimate of $14.30 billion by 4.90 percent. This is a 11.47 percent increase over sales of $13.46 billion the same period last year.

Morgan Stanley Q2 2024 Adj EPS $1.82 Beats $1.65 Estimate, Sales $15.00B Beat $14.30B Estimate

The Dow Jones index closed higher by more than 200 points on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company&#8217;s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Below is a look at a few recent notable insider transactions for penny stocks. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">Bespoke Extracts</h3>
<ul>
<li>The Trade: Bespoke Extracts, Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BSPK#OTC">BSPK</a>) CEO Michael Feinsod <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 3,000 shares at</a> an average price of $0.07. To acquire these shares, it cost around $210.</li>
<li>What's Happening: The company&#8217;s stock jumped around 268% over the past six months.</li>
<li>What Bespoke Extracts Does: Bespoke Extracts Inc is focused on selling its proprietary line of specially-formulated, premium quality, hemp-derived CBD products.</li>
</ul>
<h3 class="wp-block-heading">Thunder Mountain Gold</h3>
<ul>
<li>The Trade: Thunder Mountain Gold, Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/THMG#OTC">THMG</a>) CEO Eric T Jones acqu<a href="https://www.benzinga.com/sec/insider-trades/">ired a total of 125,000 shares a</a>t an average price of $0.06. To acquire these shares, it cost around $6,875.</li>
<li>What's Happening: The company's stock gained around 38% over the past six months.</li>
<li>What Thunder Mountain Gold Does: Thunder Mountain Gold Inc is a mineral exploration stage company. It is engaged in exploring mining properties that have the potential to produce gold, silver, base metals, and other commodities.</li>
</ul>
<h3 class="wp-block-heading">Tecogen</h3>
<ul>
<li>The Trade: Tecogen Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TGEN#OTC">TGEN</a>) Director Earl R Lewis <a href="https://www.benzinga.com/sec/insider-trades/">acquired a total of 10,000 shares</a> at an average price of $0.68. The insider spent around $6,800 to buy those shares. </li>
<li>What's Happening: On May 8, Tecogen reported revenues of $6.2 million and net loss of $1.1 million for the quarter ended March 31.</li>
<li>What Tecogen Does: Tecogen Inc, designs, manufactures, markets, and maintains high-efficiency, ultra-clean cogeneration products.</li>
</ul>
<h3 class="wp-block-heading">Perfect Moment</h3>
<ul>
<li>The Trade: Perfect Moment Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PMNT#NYSE">PMNT</a>) Chief Creative Officer Jane Gottschalk <a href="https://www.benzinga.com/quote/aei/analyst-ratings">acquired a total of 5,600 shares</a> at an average price of $1.63. The insider spent around $9,129 to buy those shares.</li>
<li>What's Happening: On July 9, ThinkEquity analyst Ashok Kumar initiated coverage on Perfect Moment with a Buy rating and announced a price target of $6.</li>
<li>What Perfect Moment Does: Perfect Moment Ltd is a company which is a luxury lifestyle brand that combines fashion and technical performance for its ranges of skiwear, outerwear, swimwear, and activewear.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39770427/top-5-consumer-stocks-that-may-explode-in-q3">Top 5 Consumer Stocks That May Explode In Q3</a></li>
</ul>

Long Ideas

Penny Stocks

Insider Trades

Pre-Market Outlook

Markets

Trading Ideas

BSPK

PMNT

TGEN

THMG

Tecogen And 3 Other Stocks Under $5 Insiders Are Buying

Needham analyst Ami Fadia maintains Revolution Medicines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVMD#NASDAQ">RVMD</a>) with a Buy and raises the price target from $46 to $62.

RVMD

Needham Maintains Buy on Revolution Medicines, Raises Price Target to $62

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payout</a>. 
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.
<h3 class="wp-block-heading">Paychex, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYX#NASDAQ">PAYX</a>)</h3>
<ul>
<li>Dividend Yield: 3.22%</li>
<li>Morgan Stanley analyst James Faucette maintained an Equal-Weight rating and cut the price target from $125 to $122 on June 27. This analyst has an accuracy rate of 67%.</li>
<li>Baird analyst Mark Marcon maintained a Neutral rating and slashed the price target from $126 to $124 on June 27. This analyst has an accuracy rate of 69%.</li>
<li>Recent News: On July 10, the company's board declared a regular quarterly cash dividend of 98 cents per share.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071624&amp;t=be2bearmibe3na1">Benzinga Pro's real-time newsfeed</a> alerted to latest PAYX's news</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="674" height="735" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16072408/Screenshot-2024-07-16-at-4.54.02-PM.png" alt="" class="wp-image-438128" style="width:421px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16072408/Screenshot-2024-07-16-at-4.54.02-PM.png 674w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16072408/Screenshot-2024-07-16-at-4.54.02-PM-275x300.png 275w" sizes="(max-width: 674px) 100vw, 674px" /></a></figure>
<h3 class="wp-block-heading">Kennametal Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>)</h3>
<ul>
<li>Dividend Yield: 3.27%</li>
<li>Barclays analyst Julian Mitchell maintained an Equal-Weight rating and cut the price target from $25 to $24 on July 10. This analyst has an accuracy rate of 75%.</li>
<li>Loop Capital analyst Chris Dankert maintained a Hold rating and cut the price target from $24 to $22 on June 21. This analyst has an accuracy rate of 74%.</li>
<li>Recent News: On May 8, Kennametal posted weaker-than-expected quarterly earnings.</li>
<li>Benzinga Pro's charting tool helped identify the <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071624&amp;t=be2bearmibe3na1">trend in Kennametal's stock</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="689" height="753" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16072442/Screenshot-2024-07-16-at-4.54.37-PM.png" alt="" class="wp-image-438132" style="width:457px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16072442/Screenshot-2024-07-16-at-4.54.37-PM.png 689w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16072442/Screenshot-2024-07-16-at-4.54.37-PM-275x300.png 275w" sizes="(max-width: 689px) 100vw, 689px" /></a></figure>
<h3 class="wp-block-heading">Stanley Black &amp; Decker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>)</h3>
<ul>
<li>Dividend Yield: 3.73%</li>
<li>Barclays analyst Julian Mitchell downgraded the stock from Overweight to Equal-Weight and cut the price target from $100 to $86 on June 4. This analyst has an accuracy rate of 75%.</li>
<li>Baird analyst Timothy Wojs maintained a Neutral rating and cut the price target from $82 to $80 on April 19. This analyst has an accuracy rate of 68%.</li>
<li>Recent News: Stanley Black &amp; Decker is expected to broadcast its second quarter earnings webcast on Tuesday, July 30.</li>
<li>Benzinga Pro's signals feature notified of a potential <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071624&amp;t=be2bearmibe3na1">breakout in SWK's shares</a>.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="668" height="701" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16072517/Screenshot-2024-07-16-at-4.55.13-PM.png" alt="" class="wp-image-438133" style="width:431px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16072517/Screenshot-2024-07-16-at-4.55.13-PM.png 668w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/16072517/Screenshot-2024-07-16-at-4.55.13-PM-286x300.png 286w" sizes="(max-width: 668px) 100vw, 668px" /></a></figure>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/07/39786459/bank-of-america-morgan-stanley-and-other-3-stocks-to-watch-heading-into-tuesday">Bank Of America, Morgan Stanley And Other 3 Stocks To Watch Heading Into Tuesday</a></li>
</ul>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>

PAYX

Wall Street's Most Accurate Analysts Weigh In On 3 Industrials Stocks Delivering High-Dividend Yields

Keefe, Bruyette &amp; Woods analyst Aidan Hall maintains BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) with a Outperform and raises the price target from $915 to $934.

Keefe, Bruyette & Woods Maintains Outperform on BlackRock, Raises Price Target to $934

Needham analyst David Saxon reiterates Envista Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVST#NYSE">NVST</a>) with a Hold.

Reiteration

NVST

Needham Reiterates Hold on Envista Holdings

Keefe, Bruyette &amp; Woods analyst Wood Lay maintains Guaranty Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNTY#NYSE">GNTY</a>) with a Market Perform and raises the price target from $34 to $35.

GNTY

Keefe, Bruyette & Woods Maintains Market Perform on Guaranty Bancshares, Raises Price Target to $35

Verizon Communications Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) is reportedly considering a significant move to sell thousands of mobile phone towers across the U.S.
Verizon has engaged advisors to assess potential buyers&#8217; interest in a package comprising approximately 5,000 to 6,000 towers. A possible sale could yield over $3 billion, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-07-15/verizon-is-said-to-explore-selling-thousands-of-towers-in-us?sref=TBDibEcD" rel="noreferrer noopener">cites</a> familiar sources, although discussions are in the early stages and do not guarantee a transaction.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/07/39779025/verizon-and-at-t-clash-over-14b-firstnet-spectrum-proposal" rel="noreferrer noopener">Verizon And AT&amp;T Clash Over $14B FirstNet Spectrum Proposal</a>
In 2015, Verizon offloaded lease and operational rights for about 11,000 towers to American Tower Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMT#NYSE">AMT</a>) for an upfront payment of $5 billion. This deal helped Verizon raise funds for airwave purchases and debt reduction, according to Bloomberg.
The current batch of towers will likely attract interest from infrastructure companies and strategic investors. Major telecom firms often leverage their mobile phone tower assets to generate cash.
Goldman Sachs analyst <a target="_blank" href="https://www.benzinga.com/news/24/07/39580917/verizon-at-t-and-t-mobile-set-for-gains-goldman-sachs-cites-ai-and-data-center-demand" rel="noreferrer noopener">views the U.S. telecom</a> sector optimistically, emphasizing the transformation underway among wireless carriers and data centers.
Verizon stands out in Schneider&#8217;s analysis for its strengthening wireless operations and promising prospects in fixed wireless for both consumer and business segments.
Investors tracking developments can consider exposure through Vanguard Telecommunication Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOX#NYSE">VOX</a>) and iShares U.S. Telecommunications ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYZ#NYSE">IYZ</a>).
<h2 class="wp-block-heading">Verizon Stock Prediction For 2024</h2>
Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting. But many in trading turn to technical analysis as a way to form predictive models for share price trajectory.
Some investors look to trends to help forecast where they believe a stock could trade at a certain point in the future. Looking at Verizon Communications, an investor could make an assessment about a stock's long term prospects using a moving average and trend line. If they believe a stock will remain above the moving average, which many believe is a bullish signal, they can extrapolate that trend into the future using a trend line. For Verizon Communications, the 200-day moving average sits at $38.68, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, which is below the current price of $40.79. For more on charts and trend lines, <a href="https://pro.benzinga.com/">see a description here.</a>
Traders believe that when a stock is above its moving average, it is a generally bullish signal, and when it crosses below, it is a more negative signal. Investors could use trend lines to make an educated guess about where a stock could trade at a later date if conditions remain stable.
Price Action: VZ stock traded higher by 0.27% at $40.90 premarket at the last check on Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock

Asset Sales

Tech

Media

iShares Dow Jones US Telecommunications Sector Index Fund

Telecom Giant Verizon Eyes Tower Sell-Off To Monetize Asset

Needham analyst James Ricchiuti maintains CECO Environmental (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CECO#NASDAQ">CECO</a>) with a Buy and raises the price target from $26 to $34.

CECO

Needham Maintains Buy on CECO Environmental, Raises Price Target to $34

PLTR

Palantir Technologies shares are trading lower after Mizuho downgraded the stock from Neutral to Underperform.

MTCH

Match Group shares are trading higher after Starboard Value sent a letter to the company outlining initiatives for improving growth, profitability and capital allocation.