Budweiser Brewing Co APAC Stock (OTC: BDWBF)

Latest news for Budweiser Brewing Co APAC (OTC:BDWBF) Stock

Budweiser APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns close to 90% of the company's equity.Budweiser APAC's largest markets are China (roughly 80% of 2023 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass and Harbin.

Asia

Markets

General

BDWBF

Key Takeaways:


	Budweiser APAC’s profit fell 15% in the first nine months of the year as its revenue in China fell 16.1% in the third quarter
	The mainstream beer maker’s efforts to develop higher-end products may be meeting with headwinds from increasingly cautious Chinese consumer


By Lau Chi Hang

Budweiser&#39;s China Glass Drains As Consumers Have Less To Toast

BUDWEISER BREWING CO by BUDWEISER BREWING CO APAC LTD.

Budweiser Brewing Co APAC Ltd

Warren Buffett is all about keeping things simple, including hiring people. Even at 94 years old, the billionaire investor, known as the &#8220;Oracle of Omaha,&#8221; still shares advice beyond investing. One big piece of wisdom he has shared is how he chooses who to hire. He looks for three main traits: intelligence, energy and integrity.
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Buffett says that all three traits are important, but integrity is crucial. He puts it like this: &#8220;We look for intelligence, we look for initiative or energy and we look for integrity. And if they don&#8217;t have the latter, the first two will kill you because if you&#8217;re going to get someone without integrity, you want them lazy and dumb.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Warren Buffett lays down three things to look for while hiring people. <a href="https://t.co/W7rr18Aw8c">pic.twitter.com/W7rr18Aw8c</a>
&mdash; Historic Vids (@historyinmemes) <a href="https://twitter.com/historyinmemes/status/1854667397636010164?ref_src=twsrc%5Etfw">November 7, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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In other words, if someone isn't honest, their intelligence and energy can do more harm than good. A smart, hardworking person who can't be trusted could cause big problems for a company. Buffett would rather hire someone who might not be the smartest but is trustworthy than someone brilliant but dishonest.
Trending: This Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands like L'Oréal, Hasbro, and Sweetgreen in just three years –<a href="https://www.benzinga.com/money/rad-ai"> here's how there's a limited time opportunity to invest at $1,000 for only $0.50/share before closing date.</a>
Buffett has led Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) since 1965 and he has proved just how important these three traits are. Recently, Berkshire hit a $1 trillion market value and <a href="https://www.benzinga.com/general/education/24/08/40652464/warren-buffett-celebrates-94th-birthday-with-1-trillion-market-cap-milestone-a-look-back-at-hig">Buffett just turned 94 – </a>but he's not planning on retiring anytime soon. His advice isn't just talk; he's lived by it, building a team that has lasted for decades.
Buffett also has recommendations about <a href="https://www.benzinga.com/personal-finance/24/09/40675427/warren-buffetts-career-advice-dont-think-about-money-take-the-job-that-you-would-take-if-you-did">choosing a career</a>. He says, &#8220;Take the job you would take if you didn't need the money.&#8221; He still enjoys his work at Berkshire even though he doesn&#8217;t need to work anymore. This kind of mindset – doing what you love because it brings you joy – is a big part of why his advice means so much to people.
See Also: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
Buffett's suggestions show how important integrity is for long-term success. Integrity is the foundation that makes intelligence and energy useful. Without it, those traits can backfire. So, if you're in charge of hiring, take Buffett&#8217;s advice: look for smart, enthusiastic and, most importantly, trustworthy people.
It&#8217;s never too early to start thinking about these lessons. Although it may be difficult to replicate Buffett&#8217;s exact path today, the key takeaway is that when you invest in your future and yourself, every year matters. Start early, be honest and <a href="https://www.benzinga.com/startups/24/10/41296101/warren-buffetts-secret-to-success-run-it-like-a-small-family-business-says-one-of-his-ceos">keep trying to grow – </a>these things lead to real success over time.
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</ul>

Startups

Warren Buffett Shares Three Key Traits To Look For When Hiring. Says That Without Integrity, The Other Two 'Will Kill You'

Prominent investors Ben Horowitz and Marc Andreessen sharply criticized the Biden administration&#8217;s regulatory approach to crypto, accusing federal regulators of lying about consumer protection motives while <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41883348/donald-trump-cant-fire-gary-gensler-but-pro-crypto-policies-means-industry-is-on-the-verge-of-a-golden-era">enabling damaging market practices</a>.
What Happened: In a <a href="https://x.com/AutismCapital/status/1856534160049086547">conversation</a> on the Ben &amp; Marc show, Horowitz stated, "The Biden regulators lied about crypto and said, ‘we have to protect consumers,' but as they were terrorizing every compliant and legal company, they let all the crazy fly-by-night meme coins and scams run, because they wanted to destroy the industry and destroy trust in the markets."
Horowitz&#8217;s comments reflect widespread frustration in the crypto industry regarding uneven regulatory enforcement, which critics argue has hampered legitimate crypto businesses while leaving volatile and questionable projects unchecked. 
The regulatory landscape, especially in the U.S., has been marked by high-profile lawsuits and fines, targeting major crypto exchanges and compliant firms under the guise of protecting consumers.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41969740/bitcoin-stays-above-91000-but-one-technical-indicator-spells-trouble">Bitcoin Stays Above $91,000—But One Technical Indicator Spells Trouble</a>
Andreessen amplified Horowitz's remarks, comparing the situation to &#8220;anarcho-tyranny,&#8221; a political theory describing a situation where lawbreakers operate unchecked while law-abiding citizens or businesses face undue restrictions.
He likened the crypto regulatory environment to challenges in U.S. cities like San Francisco, stating, "If you're a violent drug addict you can have free reign on the streets, and if you want to open an ice cream parlor, God help you."
Both Horowitz and Andreessen highlighted how this approach, ostensibly aimed at protecting consumers, has instead contributed to widespread uncertainty and a loss of public trust. 
With compliant crypto firms under heavy regulatory scrutiny, these investors argue that the administration&#8217;s policy may be working against its stated goals, possibly driving innovation out of the country.
The upcoming Benzinga <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19 will further explore the impact of policy on innovation, regulation and investor confidence in crypto.
Read Next: 
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</ul>
Image: Wikimedia

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

News

Ben Horowitz: 'The Biden Regulators Lied About Crypto'

U.S. stocks were slightly lower, with the Dow Jones index falling around 0.1% on Thursday.
Shares of Hillenbrand, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) rose sharply in today's session following <a href="https://www.benzinga.com/quote/HI/earnings">upbeat quarterly results</a>.
Hillenbrand reported quarterly earnings of $1.01 per share which beat the analyst consensus estimate of 92 cents per share. The company reported quarterly sales of $837.60 million which beat the analyst consensus estimate of $792.98 million.
Hillenbrand shares surged 14.7% to $34.60 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>AC Immune SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACIU#NASDAQ">ACIU</a>) gained 18% to $3.6844 after the company announced interim safety and immunogenicity data from the Phase 2 VacSYn clinical trial evaluating ACI-7104.056 for the treatment of patients with early Parkinson&#8217;s disease.</li>
<li>NextNav Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>) gained 16.8% to $15.85 after the company reported better-than-expected quarterly financial results.</li>
<li>DLocal Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLO#NASDAQ">DLO</a>) shares jumped 16.1% to $10.50 after the company reported better-than-expected third-quarter revenue results.</li>
<li>Oscar Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSCR#NYSE">OSCR</a>) rose 14.6% to $15.44.</li>
<li>Taysha Gene Therapies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSHA#NASDAQ">TSHA</a>) gained 14.4% to $2.5300 following third-quarter results.</li>
<li>Beazer Homes USA, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BZH#NYSE">BZH</a>) shares rose 13.9% to $36.41 after the company reported better-than-expected quarterly financial results.</li>
<li>Tapestry, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) gained 11.2% to $57.00 after the company announced plans for an additional $2 billion share repurchase program.</li>
<li>Spire Global, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) rose 10.9% to $14.91. Spire Global agreed to sell its maritime business to Kpler for roughly $241 million.</li>
<li>Wynn Resorts, Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) gained 9.2% to $93.69.</li>
<li>ZIM Integrated Shipping Services Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) climbed 9.1% to $27.28.</li>
<li>Advance Auto Parts, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAP#NYSE">AAP</a>) gained 8.9% to $44.60 following third-quarter results.</li>
<li>The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) rose 8.8% to $111.75 following upbeat earnings.</li>
<li>JetBlue Airways Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) gained 6.3% to $7.38.</li>
</ul>
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Intraday Update

Movers

Trading Ideas

ACIU

JBLU

OSCR

SPIR

TSHA

WYNN

Hillenbrand Posts Better-Than-Expected Earnings, Joins Beazer Homes, Tapestry, Walt Disney And Other Big Stocks Moving Higher On Thursday

Benchmark analyst Matthew Harrigan reiterates Smith Micro Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMSI#NASDAQ">SMSI</a>) with a Buy and maintains $5 price target.

Price Target

Reiteration

Analyst Ratings

SMSI

Benchmark Reiterates Buy on Smith Micro Software, Maintains $5 Price Target

Applied Materials, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) will release earnings results for its fourth quarter, after the <a href="https://www.benzinga.com/quote/AMAT/earnings">closing bell on Thursday, Nov. 14.</a>
Analysts expect the Santa Clara, California-based bank to report quarterly earnings at $2.19 per share, up from $2.12 per share in the year-ago period. Applied Materials projects to report revenue of $6.97 billion for the recent quarter, compared to $6.72 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Sept. 12, Applied Materials' board approved a quarterly cash dividend of 40 cents per share payable on the company&#8217;s common stock.
Applied Materials shares fell 2.1% to close at $182.79 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/amat/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58c6ab8cb85e9300015f1add/brian-chin">Stifel analyst Brian Chin</a> maintained a Buy rating and cut the price target from $270 to $250 on Nov. 12. This analyst has an accuracy rate of 71%.</li>
<li>Cantor Fitzgerald analyst &nbsp;C J Muse reiterated an Overweight rating with a price target of $250 on Oct. 8. This analyst has an accuracy rate of 72%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e1c5a787da4190001b35c41/joseph-quatrochi">Wells Fargo analyst Joseph Quatrochi </a>maintained an Overweight rating and slashed the price target from $260 to $235 on Oct. 3. This analyst has an accuracy rate of 75%.</li>
<li>Mizuho analyst Vijay Rakesh maintained an Outperform rating and cut the price target from $245 to $225 on Sept. 20. This analyst has an accuracy rate of 77%.</li>
<li>Citigroup analyst Atif Malik maintained a Buy rating and cut the price target from $240 to $217 on Sept. 16. This analyst has an accuracy rate of 78%.</li>
</ul>
Considering buying AMAT stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="553" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14013918/image-144-1024x553.png" alt="" class="wp-image-647089" style="width:752px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14013918/image-144-1024x553.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14013918/image-144-300x162.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14013918/image-144-768x415.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/14013918/image-144.png 1216w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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</ul>

Earnings

AMAT

Applied Materials Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benchmark analyst Matthew Harrigan reiterates Liberty Formula One Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWONA#NASDAQ">FWONA</a>) with a Buy and maintains $81 price target.

FWONA

Benchmark Reiterates Buy on Liberty Formula One Gr, Maintains $81 Price Target

Biotech

PCRX

Pacira Reports 104-Week Safety And Efficacy Data Following Local Administration Of PCRX-201 For Moderate To Severe Osteoarthritis Of Knee

<a href="https://www.nhtsa.gov/press-releases/ford-consent-order-165-million-civil-penalty" title="https://www.nhtsa.gov/press-releases/ford-consent-order-165-million-civil-penalty">https://www.nhtsa.gov/press-releases/ford-consent-order-165-million-civil-penalty</a>

NHTSA Imposes $165M Civil Penalty On Ford, Second Largest In Agency's History, For Delayed Recall Of Defective Rearview Cameras And Incomplete Recall Information

Nomad Foods Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOMD#NYSE">NOMD</a>) shares are<a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener"> trading higher on Thursday.</a>
The company reported&nbsp;third-quarter sales growth of 0.8%<a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n41967098/nomad-foods-reports-third-quarter-2024-financial-results" rel="noreferrer noopener"> year-on-year to 769.6 million euros.</a>&nbsp;Revenue of $845.87 million missed the consensus of $862.89 million.
The company registered organic revenue growth of 0.3% with volume growth of 0.7%, despite an approximate 2.5% temporary headwind related to greater-than-expected ERP disruptions.
Adjusted EBITDA increased 19.0% to 166 million euros. Gross profit increased 14.5% to 248 million euros. Gross margin increased 390 basis points to 32.3% due to supply chain productivity, positive product mix performance as it invested in its core most profitable Must Win Battles, and lower than planned promotional investment as it curtailed in-market support to manage inventory during ERP transition.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/11/41971559/disneys-q4-boosted-by-streaming-gains-strong-box-office-and-solid-parks-performance" rel="noreferrer noopener">Disney Q4 Earnings: Revenue And Profit Beat, Best Film Studio Performance, 3-Year Outlook And More</a>
&#8220;The European Frozen category remains healthy, and our market share returned to volume and value growth this quarter as innovation, marketing and merchandising investments yield positive results,&#8221; said Stéfan Descheemaeker, Nomad Foods&#8217; Chief Executive Officer.&nbsp;
Noam Gottesman, Nomad Foods&#8217; Co-Chairman and Founder, commented, &#8220;The new commercial flywheel and innovation framework that we adopted last year is bearing fruit and validated by our return to market share growth, notwithstanding the curtailed support levels due to ERP implementation in the period&#8221;.
The company reported adjusted EPS of 0.55 euros, with $0.60 in U.S. dollars <a href="https://www.benzinga.com/earnings">beating the street view of $0.58.</a>
Outlook: Nomad Foods lowers its FY24 organic revenue growth forecast from 3-4% to 1-2%, citing ERP-related challenges in the third quarter and more conservative growth <a href="https://www.benzinga.com/calendars/guidance">expectations for the rest of the year.</a>
The company continues to expect full-year cash flow conversion in the range of 90% to 95% but lowered its adjusted earnings outlook for the full-year.
Price Action: NOMD shares are trading higher by 7.14% to $17.41 at last check Thursday.
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</ul>

Equities

Guidance

NOMD

Frozen Food Company Nomad Overcomes ERP Hiccups With Solid Q3 Profit Growth, Cools 2024 Expectations

Ronald V Waters, Board Member at Paylocity Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCTY#NASDAQ">PCTY</a>), disclosed an insider sell on November 13, according to a recent SEC filing.
What Happened: Waters's recent move involves selling 888 shares of Paylocity Holding. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001591698/000159169824000326//Archives/edgar/data/1591698/000159169824000326/0001591698-24-000326-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value is $188,806.
Tracking the Thursday's morning session, Paylocity Holding shares are trading at $211.62, showing a down of 0.0%.
<h3>All You Need to Know About Paylocity Holding</h3>
Paylocity is a provider of payroll and human capital management solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10-5,000 employees and services about 39,000 clients as of fiscal 2024. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software as well as workplace collaboration and communication tools.
<h3>Key Indicators: Paylocity Holding's Financial Health</h3>
Negative Revenue Trend: Examining Paylocity Holding's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -12.5% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: Achieving a high gross margin of 68.05%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Paylocity Holding's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.62.
</li>
</ul>
Debt Management: Paylocity Holding's debt-to-equity ratio is below the industry average at 0.34, reflecting a lower dependency on debt financing and a more conservative financial approach.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 63.0, Paylocity Holding'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 8.91 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 35.85 positions the company as being more valued compared to industry benchmarks.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Navigating the Impact of Insider Transactions on Investments</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>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001591698">Check Out The Full List Of Paylocity Holding's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

PCTY

Insider Selling: Ronald V Waters Unloads $188K Of Paylocity Holding Stock

Blake Denton, SVP at Noble Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NE#NYSE">NE</a>), reported an insider sell on November 13, according to a new SEC filing. 
What Happened: Denton's decision to sell 30,000 shares of Noble Corp was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001895262/000162828024047603//Archives/edgar/data/1895262/000162828024047603/0001628280-24-047603-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $1,071,600.
During Thursday's morning session, Noble Corp shares up by 0.69%, currently priced at $34.85.
<h3>Discovering Noble Corp: A Closer Look</h3>
Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and the deployment of its drilling rigs in oil and gas basins around the world.
<h3>Key Indicators: Noble Corp's Financial Health</h3>
Revenue Growth: Over the 3 months period, Noble Corp showcased positive performance, achieving a revenue growth rate of 14.78% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 28.52%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Noble Corp's EPS is below the industry average. The company faced challenges with a current EPS of 0.41. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.42.
Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Noble Corp's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 10.18.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.84 is above industry norms, reflecting an elevated valuation for Noble Corp's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Noble Corp's EV/EBITDA ratio, surpassing industry averages at 7.89, positions it with an above-average valuation in the market.
</li>
</ul>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
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<h3>The Importance of Insider Transactions</h3>
Considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001895262">Check Out The Full List Of Noble Corp's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Selling: Blake Denton Unloads $1.07M Of Noble Corp Stock

Jeffrey T Diehl, Board Member at Paylocity Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCTY#NASDAQ">PCTY</a>), disclosed an insider sell on November 13, according to a recent SEC filing.
What Happened: Diehl opted to sell 37,801 shares of Paylocity Holding, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001591698/000159169824000328//Archives/edgar/data/1591698/000159169824000328/0001591698-24-000328-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The transaction's total worth stands at $8,010,645.
As of Thursday morning, Paylocity Holding shares are down by 0.0%, currently priced at $211.62.
<h3>Delving into Paylocity Holding's Background</h3>
Paylocity is a provider of payroll and human capital management solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10-5,000 employees and services about 39,000 clients as of fiscal 2024. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software as well as workplace collaboration and communication tools.
<h3>Key Indicators: Paylocity Holding's Financial Health</h3>
Decline in Revenue: Over the 3 months period, Paylocity Holding faced challenges, resulting in a decline of approximately -12.5% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: With a high gross margin of 68.05%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Paylocity Holding's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.62.
</li>
</ul>
Debt Management: Paylocity Holding's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.34.
Navigating Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Paylocity Holding's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 63.0.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 8.91 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 35.85 reflects market recognition of Paylocity Holding's value, positioning it as more highly valued compared to industry peers.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
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<h3>The Relevance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
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>A Deep Dive into Insider Transaction Codes</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001591698">Check Out The Full List Of Paylocity Holding's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Board Member At Paylocity Holding Sells $8.01M Of Stock

It was reported on November 13, that Joey Kawaja, SVP at Noble Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NE#NYSE">NE</a>) executed a significant insider sell, according to an SEC filing.
What Happened: Kawaja's recent move involves selling 30,000 shares of Noble Corp. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001895262/000162828024047604//Archives/edgar/data/1895262/000162828024047604/0001628280-24-047604-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value is $1,072,800.
Monitoring the market, Noble Corp's shares up by 0.69% at $34.85 during Thursday's morning.
<h3>Get to Know Noble Corp Better</h3>
Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and the deployment of its drilling rigs in oil and gas basins around the world.
<h3>Financial Milestones: Noble Corp's Journey</h3>
Revenue Growth: Noble Corp's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 14.78%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 28.52%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Noble Corp's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.41.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.42, Noble Corp adopts a prudent financial strategy, indicating a balanced approach to debt management.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: Noble Corp's current Price to Earnings (P/E) ratio of 10.18 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 1.84 is above industry norms, reflecting an elevated valuation for Noble Corp's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 7.89, the company's EV/EBITDA ratio outperforms industry norms, reflecting positive market perception. This positioning indicates optimistic expectations for the company's future performance.
</li>
</ul>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
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<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001895262">Check Out The Full List Of Noble Corp's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Transaction: Joey Kawaja Sells $1.07M Worth Of Noble Corp Shares

Revealing a significant insider sell on November 13, Jeffrey T Diehl, Board Member at Paylocity Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCTY#NASDAQ">PCTY</a>), as per the latest SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001591698/000159169824000329//Archives/edgar/data/1591698/000159169824000329/0001591698-24-000329-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday outlined that Diehl executed a sale of 4,017 shares of Paylocity Holding with a total value of $861,741.
Tracking the Thursday's morning session, Paylocity Holding shares are trading at $211.62, showing a down of 0.0%.
<h3>Unveiling the Story Behind Paylocity Holding</h3>
Paylocity is a provider of payroll and human capital management solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10-5,000 employees and services about 39,000 clients as of fiscal 2024. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software as well as workplace collaboration and communication tools.
<h3>Paylocity Holding's Economic Impact: An Analysis</h3>
Revenue Growth: Paylocity Holding's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -12.5%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 68.05%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Paylocity Holding's EPS is below the industry average, signaling challenges in bottom-line performance with a current EPS of 0.62.
</li>
</ul>
Debt Management: Paylocity Holding's debt-to-equity ratio is below the industry average. With a ratio of 0.34, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 63.0 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 8.91 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): Paylocity Holding's EV/EBITDA ratio, surpassing industry averages at 35.85, positions it with an above-average valuation in the market.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>Illuminating the Importance of Insider Transactions</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>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=0001591698">Check Out The Full List Of Paylocity Holding's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Paylocity Holding Board Member Sold $861K In Company Stock

It was reported on November 13, that Dean A Foate, Board Member at Plexus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) executed a significant insider sell, according to an SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000785786/000162828024047605//Archives/edgar/data/785786/000162828024047605/0001628280-24-047605-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday, Foate sold 2,500 shares of Plexus. The total transaction value is $417,764.
The latest update on Thursday morning shows Plexus shares down by 0.65%, trading at $154.87.
<h3>Get to Know Plexus Better</h3>
Plexus Corp is a U.S based Electronic Manufacturing Services company that provides a range of services, from conceptualization and design to fulfilling orders and providing sustaining solutions, such as replenishment and refurbishment. The company's segments comprise AMER, APAC,ge and EMEA.
<h3>A Deep Dive into Plexus's Financials</h3>
Revenue Growth: Over the 3 months period, Plexus showcased positive performance, achieving a revenue growth rate of 9.35% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 10.27%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 1.52, Plexus showcases strong earnings per share.
</li>
</ul>
Debt Management: Plexus's debt-to-equity ratio is below the industry average at 0.21, reflecting a lower dependency on debt financing and a more conservative financial approach.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: Plexus's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 38.87.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 1.1, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Plexus's EV/EBITDA ratio of 26.38 exceeds industry averages, indicating a premium valuation in the market
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Unmasking the Significance of Insider Transactions</h3>
Insider transactions are not the sole determinant of investment choices, but they are a factor worth considering.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000785786">Check Out The Full List Of Plexus's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

PLXS

Board Member At Plexus Sells $417K Of Stock

Johnson & Johnson's Nipocalimab Achieves Over 77% IgG Reduction And Significant Clinical Improvement In Phase 2 Sjögren's Disease Study; Gains FDA Breakthrough Therapy Designation

Disclosed on November 13, Bruno Allen Leo Di V, Director at Cummins (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: V's decision to sell 4,945 shares of Cummins was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000026172/000122520824009900//Archives/edgar/data/26172/000122520824009900/0001225208-24-009900-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $1,773,081.
The latest update on Thursday morning shows Cummins shares down by 0.61%, trading at $364.1.
<h3>Unveiling the Story Behind Cummins</h3>
Cummins is the top manufacturer of diesel engines used in commercial trucks, off-highway machinery, and railroad locomotives, in addition to standby and prime power generators. The company also sells powertrain components, which include transmissions, turbochargers, aftertreatment systems, and fuel systems. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers, who make and aggressively market their own engines. Despite robust competition across all its segments and increasing government regulation of carbon emissions, Cummins has maintained its leadership position in the industry.
<h3>Key Indicators: Cummins's Financial Health</h3>
Revenue Growth: Cummins displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 0.3%. 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.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 25.67%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Cummins's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 5.9.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.79, Cummins adopts a prudent financial strategy, indicating a balanced approach to debt management.
Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Cummins's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 23.99.
</li>
<li>
Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 1.5 suggests overvaluation in the eyes of investors, considering sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an impressive EV/EBITDA ratio of 12.63, Cummins demonstrates exemplary market valuation, surpassing industry averages.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Navigating the Impact of Insider Transactions on Investments</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
When it comes to transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000026172">Check Out The Full List Of Cummins's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Cummins Director Sold $1.77M In Company Stock

It was reported on November 13, that J. Joel Quadracci, Director at Plexus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) executed a significant insider sell, according to an SEC filing.
What Happened: Quadracci's recent move involves selling 2,450 shares of Plexus. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000785786/000162828024047607//Archives/edgar/data/785786/000162828024047607/0001628280-24-047607-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value is $399,539.
As of Thursday morning, Plexus shares are down by 0.0%, currently priced at $155.88.
<h3>Get to Know Plexus Better</h3>
Plexus Corp is a U.S based Electronic Manufacturing Services company that provides a range of services, from conceptualization and design to fulfilling orders and providing sustaining solutions, such as replenishment and refurbishment. The company's segments comprise AMER, APAC,ge and EMEA.
<h3>Plexus's Financial Performance</h3>
Revenue Growth: Plexus displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 9.35%. 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 Information Technology sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: With a low gross margin of 10.27%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Plexus's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 1.52.
</li>
</ul>
Debt Management: Plexus's debt-to-equity ratio is below the industry average at 0.21, reflecting a lower dependency on debt financing and a more conservative financial approach.
Understanding Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: Plexus's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 38.87.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 1.1 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): With an impressive EV/EBITDA ratio of 26.38, Plexus demonstrates exemplary market valuation, surpassing industry averages.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Relevance 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>A Deep Dive into Insider Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000785786">Check Out The Full List Of Plexus's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Director At Plexus Sells $399K Of Stock

Charles F. Willis IV, Executive Chairman at Willis Lease Finance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WLFC#NASDAQ">WLFC</a>), reported an insider sell on November 13, according to a new SEC filing. 
What Happened: IV's recent move involves selling 50,000 shares of Willis Lease Finance. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001018164/000090514824003053//Archives/edgar/data/1018164/000090514824003053/0000905148-24-003053-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value is $10,103,233.
As of Thursday morning, Willis Lease Finance shares are up by 5.06%, currently priced at $210.0.
<h3>All You Need to Know About Willis Lease Finance</h3>
Willis Lease Finance Corp with its subsidiaries is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments namely Leasing and Related Operations which involves acquiring and leasing, pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and other related businesses and Spare Parts Sales segment involves the purchase and resale of after-market engine parts, whole engines, engine modules and portable aircraft components. The company generates the majority of its revenue from leasing and related operations.
<h3>Willis Lease Finance: Delving into Financials</h3>
Revenue Growth: Willis Lease Finance's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 38.28%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: With a high gross margin of 73.39%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Willis Lease Finance's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 3.51.
</li>
</ul>
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 3.84, caution is advised due to increased financial risk.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 14.18 is lower than the industry average, implying a discounted valuation for Willis Lease Finance's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 2.52 is above industry norms, reflecting an elevated valuation for Willis Lease Finance's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a below-average EV/EBITDA ratio of 9.95, Willis Lease Finance presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Navigating the Impact of Insider Transactions on Investments</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001018164">Check Out The Full List Of Willis Lease Finance's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

WLFC

Insider Transaction: Charles F. Willis IV Sells $10.10M Worth Of Willis Lease Finance Shares

Charles F. Willis IV, Executive Chairman at Willis Lease Finance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WLFC#NASDAQ">WLFC</a>), executed a substantial insider sell on November 13, according to an SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001018164/000090514824003054//Archives/edgar/data/1018164/000090514824003054/0000905148-24-003054-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday showed that IV sold 700 shares of Willis Lease Finance. The total transaction amounted to $151,971. 
At Thursday morning, Willis Lease Finance shares are up by 5.06%, trading at $210.0.
<h3>Discovering Willis Lease Finance: A Closer Look</h3>
Willis Lease Finance Corp with its subsidiaries is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments namely Leasing and Related Operations which involves acquiring and leasing, pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and other related businesses and Spare Parts Sales segment involves the purchase and resale of after-market engine parts, whole engines, engine modules and portable aircraft components. The company generates the majority of its revenue from leasing and related operations.
<h3>Key Indicators: Willis Lease Finance's Financial Health</h3>
Revenue Growth: Willis Lease Finance's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 38.28%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 73.39%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Willis Lease Finance's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 3.51.
</li>
</ul>
Debt Management: Willis Lease Finance's debt-to-equity ratio surpasses industry norms, standing at 3.84. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: Willis Lease Finance's P/E ratio of 14.18 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 2.52 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): The company's EV/EBITDA ratio of 9.95 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Activity Matters in Finance</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
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>Important 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=0001018164">Check Out The Full List Of Willis Lease Finance's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Charles F. Willis IV Implements A Sell Strategy: Offloads $151K In Willis Lease Finance Stock

Baron Emerging Markets Fund Q4 2023 Shareholder Letter

Baron New Asia Fund Q4 2023 Shareholder Letter

Budweiser Brewing: A Hold Considering Mixed Outlook And Peer Valuations

Baron New Asia Fund Q2 2024 Shareholder Letter

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CIADY

DELL

DJIA

HKXCF

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Budweiser Brewing Co APAC

<h4>Key Takeaways:</h4>

<ul>
	<li>Budweiser APAC&rsquo;s profit fell 15% in the first nine months of the year as its revenue in China fell 16.1% in the third quarter</li>
	<li>The mainstream beer maker&rsquo;s efforts to develop higher-end products may be meeting with headwinds from increasingly cautious Chinese consumer</li>
</ul>

By Lau Chi Hang

If 2023 was a year to celebrate with the end of the pandemic, then this year is looking far more sober for&nbsp;Budweiser Brewing Co. APAC Ltd.&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/bdwbf#OTC">BDWBF</a>), the Asia arm of one of the world&rsquo;s top beer makers. After booming last year, the company&rsquo;s business has gone into reverse in 2024, dragged down by weakness in China, its largest market.

Budweiser APAC said it sold 7.12 billion liters of beer in the first nine months of this year, down 8.1% year-on-year, according to a third-quarter&nbsp;<a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2024/1031/2024103100321.pdf">business review</a>&nbsp;issued at the end of last month. Its revenue slipped by a slightly smaller 6.1% to $5.1 billion, while its profit fell by 15% to $780 million. The company said China&rsquo;s economic slowdown was the biggest drag on its overall sales, partly offset by a strong performance in South Korea.

Budweiser APAC operates across East and South Asia, with markets including South Korea, Japan, China, India and Southeast Asia, as well as New Zealand. The company didn&rsquo;t break down revenue for China specifically in the nine-month figures. But the market dominates the company&rsquo;s West APAC region, which accounts for nearly 90% of its overall sales.

<h3>Sliding China Business</h3>

Budweiser APAC&rsquo;s China business has been declining since the end of 2023, starting with a 3.1% drop in its sales volume during last year&rsquo;s fourth quarter. The rate of decline accelerated to 6.2% in the first quarter of 2024, with revenue also down 2.7% for the period. The situation further deteriorated in the second quarter, with sales volume down 10.3% year-on-year and revenue plummeting 15.2%.

Things didn&rsquo;t get any better from there, as the company&rsquo;s China sales volume plunged 14.2% in the third quarter and revenue tumbled by an even larger 16.1% year-on-year, according to the latest report. Weak consumer sentiment, driven largely by people eating and drinking out less, were mainly to blame for the drastic business drop, the company said.

The declines mark the latest twist in a Chinese beer market that has been evolving nearly nonstop since Western brands first entered the market back in the 1980s and 1990s. Sales rocketed during that early period as China&rsquo;s economy started to take off in its Reform Era dating back to 1978. An emerging middle class more willing to spend bigger sums on beer drove the boom, helping China to pass the U.S. to become the world&rsquo;s largest beer market.

<h4>Turning point</h4>

But the market eventually became saturated as companies built more breweries and consumers with discretionary income diversified into other beverage types. Demographics also played a role, especially among the 26- to 35-year-olds that are the main drinkers of beer in China, accounting for 40% of total consumption. The number of people in that age bracket is declining as the population ages and replacement birth rates fall, taking a direct toll on beer sales.

Demographic changes aside, changing lifestyles and improving living standards are also taking a swig out of beer sales. That&rsquo;s showing up most notably as people turn their attention to healthier diets and avoid less healthy foods and beverages like beer. Adding to beer&rsquo;s woes are growing alternatives bubbling up, including other alcoholic drinks with different ingredients and flavors.

A confluence of those factors led to a turning point for China&rsquo;s beer production in 2013. Before that year, production had been on a steady rise, hitting 50 million kiloliters in 2013. But the volumes have been falling since then.

<h3>High-end Strategy Clipped By Consumption Downgrade</h3>

Leading beer makers in China haven&rsquo;t simply sat idle as their market changes, and going upscale is one common tactic many have tried to keep consumers coming back. Lee Chee Kong, president of&nbsp;Carlsberg&nbsp;China, previously pointed out that such up-market movements have become a broader industry trend in China, similar to the Western embrace of pricier micro-brewery beers over the last three decades. Such movement in China entails not only the rollout of new products, but also improvements to existing ones. Companies are also placing a greater emphasis on packaging to give consumers a sense of luxury when they drink.

While such talk sounds good in theory, it may be easier said than done. That&rsquo;s especially true in the current market, where a sluggish Chinese economy is leading consumers to rein in their spending on the finer things in life, especially for non-essentials like beer.

After a period of major consolidation in the 1990s and early 2000s, China&rsquo;s beer market is currently dominated by five major companies:&nbsp;China Resources Beer&nbsp;(0291.HK),&nbsp;Tsingtao Brewery&nbsp;(168.HK), Budweiser,&nbsp;Yanjing&nbsp;and Carlsberg. That group alone accounts for 92% of the market, with Budweiser ranking third at about 20%.

The weak environment has left Budweiser and its peers with few options other than trying to seize share from each other in the dwindling market. Despite its stumbling business, the company still leads most of its publicly traded peers with a trailing price-to-earnings (P/E) ratio of nearly 19 times, ahead of the 17 for China Resources Beer and just 14 for Tsingtao Brewery.

Investment banks also have their reservations about Budweiser APAC. Morgan Stanley pointed out the company&rsquo;s China sales were weaker than expected and lowered its full-year sales forecast by 2% after the latest update. Goldman Sachs also lowered its sales forecast for the company from 2024 to 2026 by between 1% and 3%. It maintained its &ldquo;buy&rdquo; rating but lowered its target price by 8.2% to HK$10.10. UBS also maintained its &ldquo;buy&rdquo; rating, but, like Goldman Sachs, lowered its target price from HK$13.78 to HK$11.72.

This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

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