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Insider Monkey Blog

RadNet Acquires See-Mode Technologies to Enhance AI Ultrasound Imaging

RadNet, Inc. (NASDAQ:RDNT) has moved to strengthen its prospects on the use of artificial intelligence to enhance ultrasound imaging.

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June 5 - News

Shift4 Payments (FOUR) CEO Steps Down, Taylor Lauber Appointed

On June 4, Shift4 Payments, Inc. (NYSE:FOUR) confirmed the resignation of Chief Executive Officer Jared Isaacman in a regulatory filing.

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June 5 - News

Amazon (AMZN) Forms Unit for Agentic AI Development

On June 4, Amazon.com Inc. (NASDAQ:AMZN) confirmed the formation of a group within its consumer product development arm.

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June 5 - News

Wells Fargo’s (WFC) Growth Engine Restarts with Fed’s Asset Cap Removal

On June 4, the Federal Reserve lifted the long-standing asset cap on Wells Fargo & Company (NYSE:WFC), signaling a significant turning point for the bank after more than seven...

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June 5 - News

Reddit (RDDT) Says Anthropic Scraped Too Deep, Files Lawsuit

On Wednesday, June 4, Bloomberg reported that Reddit Inc.

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June 5 - News

Wells Fargo Sees No Fizz in PepsiCo (PEP) Amid Profitability Concerns

On June 4, Wells Fargo analyst Christopher Carey maintained a Hold rating on PepsiCo Inc.

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June 5 - News

Jefferies Maintains Buy Rating on Gilead Sciences (GILD), Cites Robust Pipeline

On June 4, Jefferies analyst Michael Yee reaffirmed a Buy rating on Gilead Sciences Inc. (NASDAQ:GILD), maintaining his price target at $130.

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June 5 - News

Wells Fargo Reaffirms Buy Rating on Moody’s (MCO) With $572 PT

On June 4, Wells Fargo analyst Jason Haas reaffirmed his Buy rating on Moody’s Corporation (NYSE:MCO) with a price target of $572.

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June 5 - News

Jefferies Sees Upside in Uber (UBER) from Market Expansion, Reiterates Buy Rating

On June 4, Jefferies analyst John Colantuoni maintained a Buy rating on Uber Technologies Inc. (NYSE:UBER) with a price target of $100.

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June 5 - News, Tech

Kimberly-Clark (KMB) Set to Divest Global Tissue Unit to Refocus Portfolio

According to the Wall Street Journal (WSJ), Kimberly-Clark Corp.

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June 5 - News

Barclays Cuts Nio Inc. (NIO) PT, Maintains Underweight Rating

Barclays analyst Jiong Shao lowered the price on NIO following the company's widening losses reported during Q1 2025.

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June 5 - News

Rocket Lab (RKLB) Announces Launch Window for 66th Mission

The mission, The Mountain God Guards, will be launched from the company’s complex 1 in New Zealand, starting June 10, the opening of the launch window.

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June 5 - News

BofA Reiterates Buy Rating on HP Enterprise (HPE) After Strong Q2 Results

Wamsi Mohan from BofA Securities keeps his positive view on HPE based on the company’s strong growth during Q2 2025. HPE exceeded both the revenue and earnings estimates.

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June 5 - News

Barclays Increases PT on HP Enterprise (HPE) Following Robust Q2 Results

Barclays analyst Tim Long raised the price target on HPE following robust Q2 2025 results.

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June 5 - News

What Makes Martin Marietta Materials (MLM) a Compelling Investment Opportunity?

Diamond Hill Capital, an investment management company, released its “Mid Cap Strategy” investor letter for the first quarter of 2025.

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June 5 - Hedge Fund Investor Letters, News

Analyst Says Tesla (TSLA) ‘Great AI Story on Planet’ Despite ‘Losing Money On Cars’

Jeffrey Small from Arbor Financial talked about Tesla (TSLA) during a latest program on Schwab Network.

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June 5 - News

Here’s Why Diamond Hill Mid Cap Strategy Established a Position in Ventas (VTR)

Diamond Hill Capital, an investment management company, released its “Mid Cap Strategy” investor letter for the first quarter of 2025.

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June 5 - Hedge Fund Investor Letters, News

WESCO (WCC) Traded Down Due to Cyclical Exposure and Leveraged Balance Sheet

Diamond Hill Capital, an investment management company, released its “Mid Cap Strategy” investor letter for the first quarter of 2025.

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June 5 - Hedge Fund Investor Letters, News

UBS Reiterates Philip Morris Price Target Amid ZYN Supply Recovery

On June 4, UBS analysts reiterated their Neutral rating for Philip Morris International Inc. (NYSE:PM) while keeping the price target at $170.

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June 5 - News

Couchbase Gets Slight Boost as UBS Increases Price Target Despite Mixed Q1

On June 4, UBS analysts maintained a Neutral rating for Couchbase Inc. (NASDAQ:BASE) and raised their price target for the stock from $18 to $20.

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June 5 - News

Stifel Maintains Buy Rating on International Game Technology (IGT), Keeps PT

On June 4, Stifel analysts reaffirmed their $20 price target and Buy rating for International Game Technology PLC (NYSE:IGT).

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June 5 - News

Guggenheim Maintains Buy Rating on Neurocrine Biosciences Following Investor Meeting

On June 4, analysts at Guggenheim reiterated their Buy rating for Neurocrine Biosciences, Inc. (NASDAQ:NBIX), keeping their price target at $165.

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June 5 - News

AutoZone (AZO) Earns Bullish Endorsement from TD Cowen Despite Tariff Concerns

With a price target of $4,300, TD Cowen analysts reaffirmed their Buy rating on AutoZone Inc. (NYSE:AZO) stock on June 4.

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June 5 - News

Josh Browns Expains Why He Sold Reddit (RDDT)

Josh Brown, CEO of Ritholtz Wealth Management, explained in a recent program on CNBC why he sold Reddit Inc (NYSE:RDDT) shares.

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June 5 - News

Bernstein Analysts See Strategic Discipline Ahead Under New UnitedHealth CEO

With a price target of $377, analysts from the Bernstein SocGen Group reiterated their Outperform rating on UnitedHealth Group Incorporated (NYSE:UNH) on June 4.

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June 5 - News

Susquehanna Lifts CrowdStrike (CRWD) PT After Q1 Results

While maintaining a Positive rating, Susquehanna analysts raised their price target for CrowdStrike Holdings Inc. (NASDAQ:CRWD) from $425 to $530 on June 4.

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June 5 - News

CVS Health (CVS) Maintains Overweight Rating at Cantor Amid Membership Data Discrepancies

Cantor Fitzgerald analysts reaffirmed their price target of $71 and Overweight rating on CVS Health Corporation (NYSE:CVS) on June 4.

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June 5 - News

Josh Brown Says eBay (EBAY) a ‘Breakout’ Stock Amid Tariff-Proof Business Model, Cheap Valution

As retail and e-commerce companies scramble to make sense of the changed market dynamics amid President Trump's tariffs, eBay Inc (NASDAQ: EBAY) is posting strong performance ...

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June 5 - News

Pegasystems (PEGA) Price Target Raised on AI Product Momentum and Revenue Outlook

On June 4, Rosenblatt analysts maintained their Buy rating on Pegasystems Inc. (NASDAQ:PEGA) while raising their price target on the company's shares from $101 to $112.

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June 5 - News

Scotiabank Boosts Asana (ASAN) PT on Improved Margins, AI Studio Momentum

Scotiabank analysts maintained their Sector Perform rating on Asana Inc. (NYSE:ASAN) and increased their price target from $12 to $16.50 on June 4.

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June 5 - News

Analyst Says Meta Platforms (META) Should Be ‘Core Portion’ of Your Portfolio

Jeffrey Small from Arbor Financial recently said during a program on Schwab Network that Meta Platforms should be a key part of investors' portfolios.

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June 5 - News

Broadcom (AVGO) Bull Says Semiconductor Stocks Will ‘Keep Seeing Immediate’ AI Spending

Doug Clinton, Deepwater Asset Management co-founder and managing partner, said in a latest program on CNBC that the demand for AI services and applications is rising.

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June 5 - News

Does VeriSign (VRSN) Have an Attractive Business Model?

Diamond Hill Capital, an investment management company, released its “Mid Cap Strategy” investor letter for the first quarter of 2025.

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June 5 - Hedge Fund Investor Letters, News

Analyst Says Alphabet (GOOG) a ‘Battleground Stock’ – Believes Company Will Beat Threats Amid ‘Intellectual Chops’

Jim Lebenthal, Chief Equity Strategist at Cerity Partners, recently reiterated his bullish take on Alphabet (GOOG) during a program on CNBC and said he believes the company can...

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June 5 - News

Huntington Ingalls Industries (HII) Surged After the Announcement of the New Shipbuilding Office

Diamond Hill Capital, an investment management company, released its “Mid Cap Strategy” investor letter for the first quarter of 2025.

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June 5 - Hedge Fund Investor Letters, News

Analyst Says Market is ‘Underestimating’ Uber Technologies (UBER)

Andrew Arons from Synergy Advisory said in a latest program on Schwab Network that the market is underestimating Uber.

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June 5 - News

Analyst Says Trump Tariffs are Here to Stay and Recommends This ‘Neglected’ Cheap Stock

Bill Stone, Glenview Trust Company chief investment officer, recently said while talking to CNBC that he believes tariffs are here to stay and investors should focus on stocks...

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June 5 - News

Analyst Says Merck (MRK) is ‘Really Cheap’ But Warns About Potential ‘Bad News’

Bill Stone, Glenview Trust Company chief investment officer, mentioned his bullish take on Merck (NYSE:MRK) during a recent program on CNBC and explained the potential risks and...

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June 5 - News

Diamond Hill Capital Mid Cap Strategy’s Q1 2025 Investor Letter

Diamond Hill Capital, an investment management company, released its “Mid Cap Strategy” investor letter for the first quarter of 2025.

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June 5 - Hedge Fund Investor Letters, News

Analyst After Marvell (MRVL) Results – ‘This Could Have Really Gone Badly’

CFRA's Angelo Zino said in a latest program on Schwab Network that the most important thing to note in Marvell Technology Inc (NASDAQ:MRVL) results and call was that the company...

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June 5 - News

Palantir (PLTR) Shares Are Up 80% Since This Congressman Bought Company Shares

Palantir Technologies Inc (NASDAQ:PLTR) shares are buzzing as more and more politicians pile into the stock and the company keeps getting governmental contracts.

Keep Reading →

June 5 - News

Globant (GLOB) Slid Despite Satisfactory Results

Impax Asset Management, an investment management company, released its “Impax US Sustainable Economy Fund” first quarter 2025 investor letter.

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June 5 - Hedge Fund Investor Letters, News

Here’s Why American Water Works (AWK) Surged in Q1

Impax Asset Management, an investment management company, released its “Impax US Sustainable Economy Fund” first quarter 2025 investor letter.

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June 5 - Hedge Fund Investor Letters, News

Edison International (EIX) Struggled After California Wildfires

Impax Asset Management, an investment management company, released its “Impax US Sustainable Economy Fund” first quarter 2025 investor letter.

Keep Reading →

June 5 - Hedge Fund Investor Letters, News

Here’s Why ServiceNow (NOW) Traded Lower in Q1

Impax Asset Management, an investment management company, released its “Impax US Sustainable Economy Fund” first quarter 2025 investor letter.

Keep Reading →

June 5 - Hedge Fund Investor Letters, News

The Progressive Corporation (PGR) Surged after Reporting Strong Earnings

Impax Asset Management, an investment management company, released its “Impax US Sustainable Economy Fund” first quarter 2025 investor letter.

Keep Reading →

June 5 - Hedge Fund Investor Letters, News

Positive Outlook Boosted Gilead Sciences (GILD) in Q1

Impax Asset Management, an investment management company, released its “Impax US Sustainable Economy Fund” first quarter 2025 investor letter.

Keep Reading →

June 5 - Hedge Fund Investor Letters, News

Impax US Sustainable Economy Fund’s Q1 2025 Investor Letter

Impax Asset Management, an investment management company, released its “Impax US Sustainable Economy Fund” first quarter 2025 investor letter.

Keep Reading →

June 5 - Hedge Fund Investor Letters, News

Broadcom (AVGO) Declined 28% in Q1

Jackson Peak Capital, an investment management firm, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here.

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June 5 - Hedge Fund Investor Letters, News

Meta Platforms (META) Fell Along with Other Market and Macro Sensitive Stocks

Jackson Peak Capital, an investment management firm, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here.

Keep Reading →

June 5 - Hedge Fund Investor Letters, News

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