Streetbeat News

Stock Prices

FBK

SFBC

VRCA

Insider trading has been observed in three US-listed companies: Verrica Pharmaceuticals Inc. (NASDAQ:VRCA), FB Financial Corporation (NYSE:FBK), and Sound Financial Bancorp, Inc. (NASDAQ:SFBC). Verrica Pharmaceuticals' Director Paul Manning acquired 200,000 shares, costing around $1 million, following the company's announcement of a non-binding term sheet for up to $125 million debt financing. FB Financial's 10% owner James Ayers acquired 12,000 shares after the company reported better-than-expected Q2 EPS results. Sound Financial Bancorp's 10% owner Stilwell Partners L P bought 2,500 shares, following the company's statement that a vendor incident is not expected to have a material adverse effect on its business.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 11:48 am

AUB

Atlantic Union Bankshares has announced an agreement to acquire American National Bankshares Inc. for approximately $416.8M. Trading of Atlantic Union Bankshares' shares has resumed following the announcement.

Portfolio Pulse from Charles Gross

July 25, 2023 | 11:47 am

FFIV

F5, Inc. (NASDAQ:FFIV) reported better-than-expected earnings for its third quarter, leading to a 9.9% jump in pre-market trading. The company's Q3 earnings were $3.21 per share, beating estimates of $2.86 per share. F5's Q3 sales were $702.64 million, versus expectations of $699.39 million. Analysts from Keybanc, Needham, and Barclays have raised their price targets on F5 following the earnings announcement.

Portfolio Pulse from Lisa Levin

July 25, 2023 | 11:47 am

DOV

Dover Corporation reported lower than expected Q2 FY23 earnings results and revised its FY23 guidance downwards. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 11:47 am

NEP

NextEra Energy Partners (NEP) reported Q2 earnings of $0.53 per share, missing the analyst consensus estimate of $0.68 by 22.06%. This is a 79.69% decrease from the same period last year. The company also reported quarterly sales of $350.00 million, missing the analyst consensus estimate of $407.82 million by 14.18%. This is a 3.31% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 11:38 am

XRX

Xerox Holdings Corp reported mixed second-quarter results but boosted its FY23 guidance, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 11:36 am

AUB

Atlantic Union Bankshares (NASDAQ:AUB) reported Q2 earnings of $0.70 per share, beating the analyst consensus estimate of $0.67 by 4.48%. However, this is a 11.39% decrease from the same period last year. The company's quarterly sales of $176.30 million missed the analyst consensus estimate of $177.86 million by 0.88%, marking a 0.43% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 11:35 am

HUBB

Hubbell Inc has increased its adjusted EPS guidance to $14.75-$15.25, up from the previous range of $13.00-$13.50. This is higher than the estimated $13.83.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 11:34 am

FXI

GM

GM's CFO has stated that the China market continues to be challenging due to slower recovery and pricing competition.

Portfolio Pulse from Charles Gross

July 25, 2023 | 11:33 am

HOUS

Anywhere Real Estate (NYSE:HOUS) reported Q2 earnings of $0.17 per share, down from $0.76 per share last year. Quarterly sales were $1.67 billion, beating the analyst consensus estimate of $1.64 billion by 1.89 percent, but down 21.99 percent from $2.14 billion last year.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 11:32 am