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Equity Actions

BRK-A

BRK-B

KO

The article discusses the return on investment if an individual had invested $1,000 in Coca-Cola Co (KO) when Warren Buffett's Berkshire Hathaway Inc (BRK-A, BRK-B) first did in 1988. The investment would have grown to $23,399.50 today, marking a 2,240.0% increase over the last 35 years. Berkshire Hathaway now owns 400 million shares of Coca-Cola, which constitutes around 6.6% of its portfolio and over 9% of Coca-Cola’s shares.

Portfolio Pulse from Chris Katje

June 27, 2023 | 8:36 pm

PLAG

Planet Green Holdings Corp. has entered into a Securities Purchase Agreement with Bochuang New Energy Co., where Bochuang will purchase 40% of the outstanding equity interests of Xianning Xiangtian Energy Holding Group Co., Ltd. from Planet Green for RMB 20,000,000. Prior to this transaction, Planet Green owned 40% equity interest of Xianning Xiangtian.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 8:36 pm

ASTS

AST SpaceMobile has announced a 12 million share offering of common stock, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 8:35 pm

ASTS

AST SpaceMobile, Inc. has announced the launch of an offering of 12 million shares of its Class A common stock.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 8:31 pm

CAT

A significant amount of unusual options activity has been observed for Caterpillar (NYSE:CAT), with a majority of investors taking a bullish stance. The trades indicate a target price range of $200 to $260 for Caterpillar over the next three months. The current price of CAT is up 1.58% at $240.69. DA Davidson has downgraded its action to Neutral with a price target of $263, while Tigress Financial maintains a Buy rating with a price target of $282.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 8:31 pm

CRWD

CrowdStrike Holdings (NASDAQ:CRWD) has seen unusual options activity, with a majority of investors taking a bearish stance. The price range targeted by whales over the last 3 months is from $65.0 to $190.0. The current price of CRWD is up 1.74% at $144.28. Analysts have mixed opinions, with Needham and UBS maintaining a Buy rating with a price target of $170, while Stifel maintains a Hold rating with a price target of $128.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 8:31 pm

ASTC

Astrotech Corp has delivered a notice to H.C. Wainwright & Co to terminate its At-The-Market Offering Agreement, which was dated as of June 16.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 8:28 pm

OTEC

OceanTech Acquisitions I Corp. has deposited $30,000 into its trust account for public stockholders, extending the period to consummate a business combination until August 2, 2023.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 8:22 pm

JEF

Jefferies Financial Group has increased its share buyback authorization to $250 million.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 8:17 pm

NGMS

NeoGames has announced the appointment of Motti Gil as CFO, effective from August 1, 2023. He will succeed Raviv Adler, who is stepping down on July 31, 2023, to pursue another opportunity. Gil and Adler will work closely to ensure a seamless transition.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 8:16 pm