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Equity Actions

AZN

CLLS

Cellectis, a biopharmaceutical company, has executed a subsequent equity investment agreement with AstraZeneca, involving a $140 million investment. This agreement follows a prior collaboration between the two companies.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 8:26 am

NKE

NIKE's Board of Directors has approved a 9% increase in the quarterly cash dividend, raising it from $0.340 to $0.370 per share on both Class A and Class B Common Stock. The new dividend will be payable on January 2, 2024, to shareholders of record as of December 4, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 7:57 am

AAPL

BRK

CVX

MSFT

SPY

VOO

In Q3, Berkshire Hathaway, led by Warren Buffett, made several adjustments to its portfolio. It maintained its largest holding in Apple but trimmed its Chevron stake by 10.45%. Berkshire sold all its shares in GM, Celanese, Johnson & Johnson, Procter & Gamble, and UPS. New additions included Atlanta Braves Holdings and Sirius XM, while stakes in HP and Amazon were reduced. Core holdings in Bank of America, American Express, Coca-Cola, and Occidental Petroleum remained unchanged, as did positions in Lennar, D.R. Horton, Capital One, Mastercard, Visa, Snowflake, VeriSign, Kroger, Mondelez, and ETFs SPDR S&P 500 and Vanguard 500 Index Fund.

Portfolio Pulse from Shanthi Rexaline

November 15, 2023 | 7:47 am

COIN

Blockchain.com, a cryptocurrency exchange and wallet provider, has raised $110 million in a Series E funding round led by Kingsway Capital, with participation from Lakestar, Lightspeed Venture Partners, and Coinbase Ventures. The funding round valued the company lower than its previous $14 billion valuation, although the current valuation was not disclosed. This funding is significant as it comes during a period of recovery in the crypto market, with Bitcoin's price rebounding above $35,000 after trading below $20,000 in October 2022.

Portfolio Pulse from Mehab Qureshi

November 15, 2023 | 7:23 am

AMKR

Amkor Technology has announced a 5% increase in its quarterly dividend, raising it from $0.075 to $0.07875 per share. The dividend is scheduled to be paid on December 26, 2023, to shareholders on record as of December 5, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 7:02 am

QQQ

Soros Fund Management, led by George Soros, disclosed a $500M stake in Invesco QQQ Trust Series 1 (NASDAQ:QQQ) as part of its 13F filing for Q3 2023. The firm reported $7.04 billion in managed 13F securities, with new purchases in 96 stocks and additional purchases in 45 stocks.

Portfolio Pulse from Ryan Gustafson

November 14, 2023 | 11:40 pm

STNE

StoneCo., a financial technology company, has announced a new share repurchase program authorizing the repurchase of up to R$ 1 billion of its own shares. This move is indicative of the company's confidence in its financial health and future prospects. Share repurchase programs are often seen as a positive signal to the market, suggesting that the company believes its shares are undervalued and that it is a good use of its cash reserves.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:49 pm

LPSN

Starboard Value, an activist investment firm, has dissolved its share stake in LivePerson, a provider of conversational AI and messaging technologies. This move by Starboard could indicate a lack of confidence in the company's future performance or a strategic shift in Starboard's investment approach.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:36 pm

PZZA

SPLK

Starboard Value, an activist investment firm, has liquidated its positions in Splunk Inc. (SPLK) and Papa John's International Inc. (PZZA). This move indicates a strategic shift by Starboard, which previously held significant stakes in both companies. The dissolution of these stakes could suggest that Starboard no longer sees the same value or potential for influence in these companies as it did before.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 10:35 pm

AMD

AVGO

BKNG

INTC

NVDA

QQQ

SOXX

TXN

Michael Burry, known for his 'Big Short' fame, has placed a $47 million short bet against the semiconductor sector by purchasing put options on the iShares Semiconductor ETF (SOXX). This move comes after closing significant short positions on the S&P 500 and Nasdaq. SOXX includes major chipmakers like Nvidia (NVDA), AMD (AMD), Broadcom (AVGO), Intel (INTC), and Texas Instruments (TXN). The sector has grown 47% YTD, outperforming the broader tech market's QQQ, which is up 45%. Additionally, Burry has shorted Booking Holdings Inc. (BKNG) with 2,500 put options.

Portfolio Pulse from Piero Cingari

November 14, 2023 | 10:35 pm