Harbor Commodity All-Weather Strategy ETF (NYSE: HGER)

Latest news for Harbor Commodity All-Weather Strategy ETF (NYSE:HGER)

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The Fund seeks to provide investment results that correspond, before fees and expenses, to the performance of the Index, which was developed by Quantix Commodities LP. The Index is composed of futures contracts on physical commodities and is constructed using Quantixs proprietary quantitative methodology, which considers a commodities relative inflation sensitivity and the relative cost of holding a rolling futures position in the commodity.

Harbor Commodity All Weather Strategy ETF

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Over the last year, unique natural phenomena — including record heat waves in Europe — have contributed to high gas prices. Heat waves brought about droughts, which have reduced the supply of water and farmland.

The Heat Is On — And So Is The Creation Of New ESG Funds

Harbor Commodity All-Weather Strategy ETF

Truist Securities analyst Jamie Cook maintains Fortive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTV#NYSE">FTV</a>) with a Buy and raises the price target from $89 to $90.

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Truist Securities Maintains Buy on Fortive, Raises Price Target to $90

JMP Securities analyst Jordan Bender reiterates Churchill Downs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHDN#NASDAQ">CHDN</a>) with a Market Outperform and maintains $166 price target.

Reiteration

CHDN

JMP Securities Reiterates Market Outperform on Churchill Downs, Maintains $166 Price Target

Truist Securities analyst Jamie Cook maintains Fluor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) with a Buy and raises the price target from $62 to $66.

Truist Securities Maintains Buy on Fluor, Raises Price Target to $66

Shares of MSA Safety Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSA#NYSE">MSA</a>) have <a href="https://www.benzinga.com/quote/MSA">been on the downtrend</a>.
DA Davidson <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58f8e82b0bd9910001d7cd60/michael-shlisky">analyst Michael Shlisky</a> initiated coverage with a Buy rating and a price target of $195.
The MSA Safety Thesis: "We analyzed ~5.6M public company calls and presentations to gauge management focus on this topic&#8211;the number of calls/presentations in which &#8216;safety; was mentioned nearly doubled between 2019 and 2023," Shlisky wrote in the initiation note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
MSA Safety has been steadily compounding growth, which "does not seem threatened," the analyst said. The company could deliver a compounded annual growth rate (CAGR) of 8%-10% in earnings through 2028, he added.
The top 10 U.S. fire departments, which are "well-funded," could increase their budgets next year by an estimated 6%, Shlisky stated. The number of US construction workers, who use a wide range of the company's products, is expected to continue rising, he added.
MSA Safety was added to DA Davidson&#8217;s Best-of-Breed Bison list, which includes the "highest-quality companies, with wide competitive moats, strong long-term value creation potential, and a potential trading discount to long-term intrinsic value," the analyst further wrote.
Price Action: MSA Safety was up at last check Thursday, trading at around $166.66 per share. 
Read More: 
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MSA Safety Makes Analyst's Best-Of-Breed Bison List: 'Strong Long-Term Value Creation Potential'

Truist Securities analyst Jamie Cook maintains Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) with a Buy and raises the price target from $538 to $550.

Truist Securities Maintains Buy on Deere, Raises Price Target to $550

DA Davidson analyst Tom White maintains Tripadvisor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRIP#NASDAQ">TRIP</a>) with a Neutral and maintains $16 price target.

TRIP

DA Davidson Maintains Neutral on Tripadvisor, Maintains $16 Price Target

Wells Fargo analyst Aaron Rakers maintains Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) with a Overweight and lowers the price target from $175 to $140.

Wells Fargo Maintains Overweight on Micron Technology, Lowers Price Target to $140

DEVS

DevvStream Shares Halted On Circuit Breaker To The Downside, Stock Now Down -4.09%

APCX

AppTech Payments Shares Resume Trading

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US Leading Index (MoM) For November 0.3% Vs -0.1% Est.; -0.4% Prior

USA Existing Home Sales (MoM) For November 4.8% Vs 3.4% Prior

Wells Fargo analyst Steven Cahall maintains Sirius XM Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>) with a Underweight and lowers the price target from $22 to $16.

SIRI

Wells Fargo Maintains Underweight on Sirius XM Holdings, Lowers Price Target to $16

Macro Notification

General

USA Existing Home Sales For November 4.15M Vs 4.09M Est.; 3.96M Prior

Stablecoins are emerging as transformative tools in global financial systems, offering faster settlements and reduced costs. However, before widespread adoption, the technology faces regulatory, infrastructure, and institutional challenges. That was the consensus among speakers at the <a href="https://benzinga.swoogo.com/digital-assets/agenda-2024">Benzinga Future of Digital Assets </a>conference, where panelists examined the factors shaping stablecoin adoption and tokenized assets.
<h3 class="wp-block-heading">Efficiency In Payments And Settlements</h3>
Colin Butler, global head of institutional capital at Polygon Labs, highlighted how stablecoins could reshape traditional payment systems by reducing settlement delays. "What if you could rewire the global settlement system on yield-bearing institutional stablecoins and use them as settlement tokens?" Butler said. He explained that these tools could generate returns during settlement periods, addressing inefficiencies inherent in traditional systems.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42554929/donald-trump-reportedly-discussed-bitcoin-reserve-in-meeting-with-cryptocom-ceo-kris-marszalek" target="_blank" rel="noreferrer noopener">Donald Trump Reportedly Discussed Bitcoin Reserve In Meeting With Crypto․com CEO Kris Marszalek</a>
Butler referenced BlackRock's move to tokenize its money market fund across five blockchains as a sign of growing institutional interest. "These products are being built right now," he added, predicting wider integration of tokenized solutions into existing financial systems.
Andrew Czupek, Northern Trust&#8217;s America&#8216;s head of digital assets and financial markets innovation, emphasized that stablecoins could solve major inefficiencies, but only if traditional financial infrastructure aligns with blockchain solutions. "You can't just replace existing systems overnight," he said, calling for careful integration between legacy networks and new technologies.
<h3 class="wp-block-heading">Bridging Regulatory Uncertainty</h3>
The conversation shifted to regulation, a recurring challenge slowing stablecoin adoption. AlphaPoint&#8216;s general counsel, Reba Beeson, emphasized the need for ongoing collaboration with regulators to establish trust. "Collaboration with regulators is very important," Beeson said, adding that the focus must be on security, scalability, and meeting risk management standards for end users.
Andrew Murphy, head of legal at Talos, echoed Beeson's stance, stressing that regulators must understand blockchain's full potential to avoid restrictive measures. "You run the risk, especially if the regulators don't understand what the technology can do, of over-regulating and taking away some of the benefits," Murphy explained. He suggested expanding custody rules to allow more entities, including self-custody, to facilitate stablecoin use at scale.
Murphy also pointed out the inefficiencies of current systems, recalling an experience where delayed bond settlement led to $75 million in misplaced funds. "The lag between trade and settlement creates many problems," he said, noting that blockchain can reduce such risks by enabling near-instant finality.
<h3 class="wp-block-heading">Institutional Hesitation And Retail Success</h3>
While retail adoption of stablecoins has surged, institutions remain cautious. Czupek described stablecoins as "an interesting product" with potential for institutions but acknowledged concerns about volatility during market disruptions. He questioned how tokenized cash will move seamlessly between financial institutions and whether networks can interconnect efficiently.
"There's still going to be a delay when you bridge one network to another," Czupek said, emphasizing the need to address these gaps for stablecoins to achieve institutional trust.
Murphy argued that institutional adoption would require a major participant—a "whale"—to lead the way, forcing counterparties onto tokenized systems. "You need someone to drag everyone else along," he said.
<h3 class="wp-block-heading">A Path Forward For Stablecoins</h3>
Panelists agreed that stablecoins can potentially transform settlement systems and global payments. However, the industry must resolve regulatory gaps and infrastructure inefficiencies to accelerate adoption. Butler described the technology as "a massive disruption" waiting to reshape financial processes, while Beeson underscored the importance of balancing compliance and technological progress.
With regulatory clarity and gradual institutional adoption, panelists concluded that stablecoins could become a driving force in modernizing financial markets worldwide.
Now Read:
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42575483/bitcoin-price-rebounds-above-102000-after-fed-meeting-calamity-why-is-btc-going-up">Bitcoin Price Rebounds Above $102,000 After Fed Meeting Calamity: Why Is BTC Going Up?</a></li>
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'Near-Instant Finality': Are Stablecoins Ready To Fix Settlement Inefficiencies?

Murder suspect Luigi Mangione faces extradition to New York after his arrest in connection with the death of UnitedHealthcare&#8216;s CEO. After <a href="https://www.benzinga.com/news/legal/24/12/42423214/luigi-mangione-fights-extradition-to-new-york-on-murder-charge-shouts-at-press-outside-courthouse">previously fighting</a> a transfer back to New York, he is expected to waive his extradition Thursday.
What Happened: Mangione, who was recently<a href="https://www.benzinga.com/news/legal/24/12/42541669/luigi-mangione-indicted-on-first-degree-murder-charges-in-unitedhealthcare-ceos-death-senseless-act-of-violence"> charged with murder</a> in the first degree, will appear in court Thursday in the state of Pennsylvania.
<a href="https://www.benzinga.com/general/health-care/24/12/42316904/unitedhealthcare-ceo-brian-thompson-fatally-shot-outside-nyc-hotel">Charged with killing </a>UnitedHealthcare CEO Brian Thompson, Mangione is expected to waive extradition to New York, according to his attorney, ABC News <a href="https://abcnews.go.com/US/unitedhealthcare-ceo-killing-latest-mangione-expected-court-extradition/story?id=116936089">reported</a>.
On Thursday, a Pennsylvania judge will be asked to accept the extradition waiver or move forward with a hearing on Mangione's charges in the state, which center on weapons, including the ghost gun found when he was arrested at an Altoona, Pennsylvania McDonald&#8217;s. 
If the judge agrees to the extradition, Mangione would be transported back to the state of New York by the New York Police Department. The murder suspect could be arraigned in New York as early as Thursday.
Mangione faces 11 counts in the state of New York including a murder in the first degree charge that carries a sentence of up to life in prison without parole if convicted and two charges of murder in the second degree, including one charge related to terrorism.
The indictment is &#8220;for the brazen, targeted and premeditated shooting of Brian Thompson,&#8221; Manhattan District Attorney Alvin Bragg said recently after reading off the charges.
Law enforcement said Mangione could also face federal charges in New York, which could lead to him being eligible for the death penalty if found guilty.
Mangione's lawyer Karen Friedman Agnifilo said they are ready to fight the charges in a statement reported by ABC news.
"The federal government's reported decision to pile on top of an already overcharged first-degree murder and state terror case is highly unusual and raises serious constitutional and statutory double jeopardy concerns," Agnifilo said.
Read Also: <a href="https://www.benzinga.com/news/legal/24/12/42418763/unitedhealthcare-ceo-murder-suspect-chronic-pain-unabomber-fascination-isolation-details-emerge">UnitedHealthcare CEO Murder Suspect: Chronic Pain, Unabomber Fascination, Isolation Details Emerge</a> Why It's Important: The death of Thompson, who led the UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>)-owned insurance unit, has sparked a large following for Mangione, with some members of the public voicing sympathy and supporting his cause of taking on the health insurance sector.
Outside the Pennsylvania courthouse are supporters with signs with words like "Free Luigi," "Murder for Profit is Terrorism" and "Deny, Defend, Depose."
Mangione&#8217;s arrest at a Pennsylvania&nbsp;McDonald&#8217;s&nbsp;triggered a rise&nbsp;<a href="https://www.benzinga.com/general/restaurants/24/12/42427146/pennsylvania-mcdonalds-where-unitedhealthcare-ceo-murder-suspect-arrested-gets-review-bombed-more-like-narc-donalds" target="_blank" rel="noreferrer noopener">in negative reviews</a>&nbsp;for the location, accusing the restaurant employees and patrons of being snitches.
Public sympathy for Mangione can be found on social media. On a&nbsp;Joe Rogan&nbsp;podcast episode,<a href="https://www.benzinga.com/media/24/12/42473433/joe-rogan-on-public-sympathy-for-unitedhealthcare-ceo-murder-suspect-health-insurance-a-dirty-dirty-business" target="_blank" rel="noreferrer noopener">&nbsp;the host</a>&nbsp;said the health insurance sector is a &#8220;dirty business.&#8221;
Rogan suggested UnitedHealthcare&#8217;s alleged high claim denial rate may have been a reason why the public is not showing sympathy for Thompson.
A manifesto document found on Mangione reportedly contained comments about health insurance companies focusing on profits and greed over public health.
Benzinga recently reported there are at least three documentaries in the works on the life of Mangione and the health insurance industry. ABC, which is a unit of The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), is airing a special edition of "20/20" at 10 p.m. ET Thursday. The episode will look at the death of Thompson, the search for Mangione and more on the suspected killer's life.
UNH Price Action: UnitedHealth stock trades at $503.91 in premarket trading Thursday versus a 52-week trading range of $436.38 to $630.73. The stock is down 13% over the last month and down 7% year-to-date in 2024.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/12/42544499/luigi-mangione-documentaries-in-the-works-from-award-winning-creators-and-possibly-rapper-50-cent">Luigi Mangione Documentaries In The Works From Award-Winning Creators — And Possibly Rapper 50 Cent</a></li>
</ul>
Photo courtesy of Pennsylvania State Police.

Legal

Luigi Mangione Faces Extradition, Possible Federal Charges May Carry Death Penalty

Peter A Vaughn, Director at Vail Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTN#NYSE">MTN</a>), reported an insider sell on December 18, according to a new SEC filing. 
What Happened: After conducting a thorough analysis, Vaughn sold 1,000 shares of Vail Resorts. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000812011/000081201124000215//Archives/edgar/data/812011/000081201124000215/0000812011-24-000215-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total transaction value is $192,005.
Vail Resorts shares are trading up 0.54% at $183.12 at the time of this writing on Thursday morning.
<h3>Unveiling the Story Behind Vail Resorts</h3>
Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.
<h3>Breaking Down Vail Resorts's Financial Performance</h3>
Revenue Growth: Vail Resorts's remarkable performance in 3 months is evident. As of 31 October, 2024, the company achieved an impressive revenue growth rate of 0.66%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of -14.0%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Vail Resorts's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of -4.61.
</li>
</ul>
Debt Management: Vail Resorts's debt-to-equity ratio stands notably higher than the industry average, reaching 6.83. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 30.05 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 2.38 is above industry norms, reflecting an elevated valuation for Vail Resorts'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 11.84, Vail Resorts presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.
</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>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
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>Deciphering Transaction Codes in Insider Filings</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=0000812011">Check Out The Full List Of Vail Resorts'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

Sell Alert: Peter A Vaughn Cashes Out $192K In Vail Resorts Stock

A new SEC filing reveals that Robert Robotti, Director at Tidewater (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDW#NYSE">TDW</a>), made a notable insider purchase on December 18,.
What Happened: Robotti made a significant move by purchasing 2,067 shares of Tidewater as reported in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000098222/000110583824000014//Archives/edgar/data/98222/000110583824000014/0001105838-24-000014-index.htm">U.S. Securities and Exchange Commission</a>. The transaction's total worth stands at $99,758.
Tidewater shares are trading up 3.2% at $51.0 at the time of this writing on Thursday morning.
<h3>Delving into Tidewater's Background</h3>
Tidewater Inc provides offshore service vessels and marine support services to the offshore energy industry through the operation of a diversified fleet of marine service vessels. The company's vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations, and a variety of specialized services. The company operates in the following principal geographical areas the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The majority of its revenue is derived from West Africa.
<h3>Tidewater: Financial Performance Dissected</h3>
Positive Revenue Trend: Examining Tidewater's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 13.73% as of 30 September, 2024, showcasing a substantial increase in 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 Energy sector.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 28.9%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): Tidewater's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 0.88.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.58, Tidewater adopts a prudent financial strategy, indicating a balanced approach to debt management.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 14.49 is lower than the industry average, implying a discounted valuation for Tidewater's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 2.02, Tidewater's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Tidewater's EV/EBITDA ratio at 6.41 suggests potential undervaluation, falling below industry averages.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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<h3>Why Pay Attention to 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.
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>Transaction Codes To Focus On</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously 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=0000098222">Check Out The Full List Of Tidewater'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 Move: Robert Robotti Invests $99K In Tidewater Stock

Revealing a significant insider sell on December 18, Peter Moglia, Chief Executive Officer at Alexandria Real Estate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARE#NYSE">ARE</a>), as per the latest SEC filing.
What Happened: After conducting a thorough analysis, Moglia sold 10,000 shares of Alexandria Real Estate. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001035443/000103544324000347//Archives/edgar/data/1035443/000103544324000347/0001035443-24-000347-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total transaction value is $1,022,600.
Alexandria Real Estate shares are trading up 1.25% at $99.15 at the time of this writing on Thursday morning.
<h3>Discovering Alexandria Real Estate: A Closer Look</h3>
Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.
<h3>A Deep Dive into Alexandria Real Estate's Financials</h3>
Positive Revenue Trend: Examining Alexandria Real Estate's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 9.64% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 69.93%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Alexandria Real Estate's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 0.96.
</li>
</ul>
Debt Management: Alexandria Real Estate's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.73.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 59.71 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 P/S ratio of 5.48 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): The company's EV/EBITDA ratio 16.57 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
<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 Transactions Are Important</h3>
Insider transactions serve as a piece of the puzzle in investment decisions, rather than the entire picture.
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=0001035443">Check Out The Full List Of Alexandria Real Estate'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 Unloading: Peter Moglia Sells $1.02M Worth Of Alexandria Real Estate Shares

SUDHIR GOPALSWAMY, Group President at ON Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>), disclosed an insider sell on December 18, according to a recent SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001097864/000122520824010908//Archives/edgar/data/1097864/000122520824010908/0001225208-24-010908-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday outlined that GOPALSWAMY executed a sale of 21,082 shares of ON Semiconductor with a total value of $1,426,041.
ON Semiconductor's shares are actively trading at $65.84, experiencing a up of 1.41% during Thursday's morning session.
<h3>About ON Semiconductor</h3>
Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.
<h3>ON Semiconductor: Financial Performance Dissected</h3>
Revenue Growth: ON Semiconductor'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 -19.21%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 45.37%, indicating concerns regarding cost management and overall profitability relative to its industry counterparts.
</li>
<li>
Earnings per Share (EPS): ON Semiconductor's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.94.
</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 0.39, caution is advised due to increased financial risk.
Valuation Metrics: A Closer Look
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 16.11, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 3.83 is lower than the industry average, implying a discounted valuation for ON Semiconductor's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry averages at 10.44, ON Semiconductor could be considered undervalued.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects 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>The Importance of Insider Transactions</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to 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.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Cracking Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001097864">Check Out The Full List Of ON Semiconductor'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 Unloading: SUDHIR GOPALSWAMY Sells $1.43M Worth Of ON Semiconductor Shares

SIMON KEETON, Group President at ON Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>), reported an insider sell on December 18, according to a new SEC filing. 
What Happened: KEETON's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001097864/000122520824010909//Archives/edgar/data/1097864/000122520824010909/0001225208-24-010909-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday unveiled the sale of 28,000 shares of ON Semiconductor. The total transaction value is $1,919,789.
At Thursday morning, ON Semiconductor shares are up by 1.34%, trading at $65.8.
<h3>Discovering ON Semiconductor: A Closer Look</h3>
Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.
<h3>ON Semiconductor: Delving into Financials</h3>
Negative Revenue Trend: Examining ON Semiconductor's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -19.21% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 45.37%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): ON Semiconductor's EPS reflects a decline, falling below the industry average with a current EPS of 0.94.
</li>
</ul>
Debt Management: ON Semiconductor's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.39, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 16.11, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 3.83 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 10.44, ON Semiconductor presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
<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 Transactions Are Key in Investment Decisions</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>Transaction Codes Worth Your Attention</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001097864">Check Out The Full List Of ON Semiconductor'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.

Group President At ON Semiconductor Sells $1.92M Of Stock

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Over the last year, unique natural phenomena &mdash; including record heat waves in Europe &mdash; have contributed to high gas prices. Heat waves brought about droughts, which have reduced the supply of water and farmland.

While these situations aren&rsquo;t ideal, exchange-traded funds (ETFs) that specialize in investing in environmental, social and governance (ESG) companies offer ways to invest in climate realities, including the Deka Future Energy ESG UCITS ETF (FRA: D6RD) and the Harbor All-Weather Inflation Focus ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HGER#NYSE">HGER</a>). These ETFs can include those like Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>), which is a powerhouse in the U.S. solar industry.

<h2>Record Heat Waves Worldwide</h2>

Last June, Europe experienced record heat waves, which resulted in England having 40.3-degree Celsius (104 Fahrenheit) days. England has not had days like these in its recorded history. Besides England, other European countries including Spain and Portugal had forest fires that destroyed acres of land and killed several people.

Aside from Europe, other areas of the world including China and India have experienced heat waves. These areas have also experienced strong monsoons and storms in the south, resulting in record flooding. Monsoons and hurricanes are greatly strengthened by warm ocean water that continues to get warmer each year.

<h2>High Gas Prices Around The World</h2>

Besides record heat waves and other natural disasters, every country has been experiencing some of the highest gas prices in history. The average cost per gallon of gas is around $5 in the U.S. This figure is much higher in other places. For example, Hong Kong and Norway <a href="https://money.usnews.com/money/personal-finance/spending/articles/a-look-at-gas-prices-around-the-world">have average gas prices per gallon of $11 and $10, respectively.</a>

To add insult to injury, a lack of oil pipelines and the war in Ukraine are pushing these record prices even higher. The costs to refine crude oil are going up, which is being passed on to the customer.

Some of the costs to refine crude oil include labor and materials for supplies like aluminum, which has seen sky-high prices since the beginning of the year. Since 2020, aluminum prices have increased from $1,500 per ton to $2,400 per ton in August 2022.

A silver lining behind these high gas prices and costs is tax incentives. Currently, California is offering tax incentives to its residents for buying electric cars and installing solar panels. For example, residents could earn a federal tax credit of up to $7,500 if they purchase electric cars.

Besides electric car tax credits, other generous solar tax benefits exist like <a href="https://www.sunrun.com/solar-by-state/ca/california-solar-incentives#:~:text=Federal%20Solar%20Investment%20Tax%20Credit%20(ITC)&#x2A;&#x2A;,2023%20and%20ends%20in%202024">the Federal Solar Investment Tax Credit (ITC) and the Solar Energy System Property Tax Exclusion</a>. With the ITC, residents could earn up to a 26% tax credit on home solar systems installed by December 2022. The Property Tax Exclusion lets residents exclude the value of rooftop solar systems from property taxes.

<h2>Deka Launched New UCITS ETF Focused On Future Energy Sources In Spring 2022</h2>

The European-based Deka Future Energy ESG UCITS ETF tracks the Solactive Future Energy ESG Index, which is composed of 60 medium- to large-sized companies in industrialized countries, including China.&nbsp;

Some of the companies that this ETF invests in focus on solar energy, wind power, geothermal energy and hydrogen propulsion. A few of its top holdings include U.S.-based solar firm Sunrun and Canadian renewable energy company Algonquin Power &amp; Utilities Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AQN#NYSE">AQN</a>).

Like other ESG funds, this ETF excludes companies that earn significant revenues from coal, oil extraction, deep water drilling and nuclear power generation. This fund is trading at near-breakeven prices since its inception. It also has a reasonable expense ratio of 0.55%.

<h2>Other Companies Jumping On The ESG Band Wagon</h2>

Besides Deka, investment manager Harbor Capital Advisors is also capitalizing on the demand for ESG funds and recently created its Harbor Energy Transition Strategy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RENW#NYSE">RENW</a>).

&nbsp;.&nbsp;

This ETF invests in three main commodities (copper, aluminum and silver) that are crucial in providing sustainable energy by being key materials for constructing new energy infrastructure. It also tracks the Quantix Energy Transition Index.&nbsp;

Launched in July 2022, this ETF is seeing more demand and currently has $24.7 million in total assets. It&rsquo;s currently trading at $23.15, which is a respectable 18.6% gain from its inception date. This fund has a higher expense ratio of 0.8%.

<h3>AAM Transformers ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRFM#NYSE">TRFM</a>)</h3>

The AAM Transformers ETF follows the Pence Transformers Index, which targets companies that are highly innovative and exhibit higher sales growth and capital expenditures (Capex) compared to their competitors. A few sample industries include self-driving cars, artificial intelligence (AI) and carbon offset alternatives.

It has exposure to domestic and international stocks, with heavy weighting in Dutch, Israeli and Chinese companies. A few of its U.S holdings include household names like Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).

Like other ESG funds, it&rsquo;s experiencing increasing demand and has $6.2 million of net assets. This fund is relatively new, having been launched in July 2022, and has already seen a 12% run-up.

<h2>Investors Are Even More Interested In ESG Companies</h2>

Record heat waves, droughts and high gas prices have led to a rise in sustainable ESG investments. Aside from profits and cash flow, investors want to support companies that help society, especially when it comes to the environment.

It is likely that ESG will continue to see more inflows, especially since younger investors in the millennials and Gen Z age range are more interested in this sector. Per a CNBC poll, one-third of millennials and 19% of Gen Z investors take ESG factors into consideration before investing.&nbsp;

Related News Highlights in Alternative Investments

<ul>
	<li>The farmland investment platform <a href="https://www.benzinga.com/alternative-investments/platform/acretrader">AcreTrader</a> fully funded its $11 million Willamette River Farm offering. The latest investment posted on the platform is a timber tract in Independence County, AR, which is expected to produce a 4.3% cash yield to investors over the target hold period of 5-10 years.</li>
</ul>

<ul>
	<li>The Bezos-backed real estate investment platform <a href="https://www.benzinga.com/alternative-investments/platform/arrived-homes">Arrived Homes</a> launched a new batch of offerings to allow retail investors to purchase shares of single-family rental homes with a minimum investment of $100. The platform has already funded over 150 properties with a total value of over $50 million.&nbsp;</li>
</ul>

<ul>
	<li>The <a href="https://www.benzinga.com/alternative-investments/platform/caltier-realty">CalTier Multi-Family Portfolio Fund</a> recently completed a new investment in a portfolio of four multi-family properties consisting of 185 units. The CalTier Multi-Family Portfolio Fund is one of the few non-traded real estate funds available to non-accredited investors and has a minimum investment of $500. Year to date, the fund has produced an annualized cash-on-cash return of 7.02%.</li>
</ul>

Find more current offerings and news on <a href="https://www.benzinga.com/alternative-investments">Benzinga Alternative Investments</a>

Image by&nbsp;<a href="https://www.shutterstock.com/g/solovushka">Soloviova Liudmyla</a>&nbsp;on Shutterstock

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