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Source: Workers DailyTime: 2025-01-11
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phwin9 Texans foiled by mistake after mistake in 32-27 loss to Titans

BTL EPC Ltd. Announces Strategic Acquisition Of MBE-CMT To Strengthen Product Business

The Los Angeles Lakers traded guard D’Angelo Russell, forward Maxwell Lewis and three second-round draft picks to the Brooklyn Nets on Sunday (Monday, December 30, Manila time) in exchange for forward Dorian Finney-Smith and guard Shake Milton. The Lakers will send their second-round picks in 2027, 2030 and 2031 to Brooklyn in the deal, ESPN reported. It marks the second time that Russell, 28, has been dealt from the Lakers to the Nets. Los Angeles selected him No. 2 overall in the 2015 NBA Draft, and he spent two seasons there before being traded on June 22, 2017, with Timofey Mozgov to the Nets for Brook Lopez and draft pick Kyle Kuzma. Russell made stops with the Golden State Warriors and Minnesota Timberwolves before the Lakers acquired him again on February 9, 2023, as part of a three-team deal. Russell’s role in head coach J.J. Redick’s rotation had diminished. In October, Russell averaged 30.6 minutes per game, dropping to 25.5 in November and 25.2 in December. In 29 games (10 starts) this season, he’s averaging 26.3 minutes, 12.4 points, 2.8 rebounds and 4.7 assists. All are below his career averages of 30 minutes, 17.5 points, 3.4 rebounds and 5.7 assists. Lewis, 22, has seen limited action for the Lakers this season, with the small forward scoring 15 points in seven games. Finney-Smith, 31, is in his ninth NBA season. He has started all 20 games he’s appeared in, averaging 10.4 points, 4.6 rebounds and 1.6 assists over 29 minutes per game. Milton, 28, is averaging 7.4 points per game over 27 appearances (one start). He is also contributing 1.9 rebounds and 2.4 assists. – Rappler.com

Empire State Realty Trust, Inc. (NYSE:ESRT) EVP Sells $101,000.00 in Stock

All the 2025 showbiz dates you need to know from Sabrina Carpenter’s tour to Brit Awards and Glastonbury

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Islanders host the Red Wings after Palmieri's 2-goal gameMichael O'Brien's Super 25 high school high school basketball rankings for Dec. 29, 2024

Carmina Bayombong, InvestEd founder —ATEC PHOTOS Philippine startups continue to show what they can do to bring innovation to people’s lives—and their hard work is not left unnoticed. At the latest Asia Technology Entrepreneurship Conference (Atec) Startup Competition in Hong Kong this month, two Filipino enterprises were recognized as the region’s best innovators in their respective categories. InvestEd, a financing platform that lends to students who need aid in paying tuition, won in the artificial intelligence and digital solutions category. The company, employing a proprietary credit-scoring algorithm, extends loans to unbanked students, making financing accessible. It targets the students who are part of the socioeconomic classes C, D and E. According to its website, InvestEd has helped thousands of students from 2,162 universities across 64 provinces. “InvestEd envisions a world where every young dreamer has no barriers to success,” the company says. InvestEd was founded by Carmina Bayombong, who holds an industrial engineering degree from the University of the Philippines. She has devoted her time to training the youth in financial literacy and entrepreneurship. Bayombong was recognized as Forbes Asia’s 30 Under 30 honoree for finance and venture capital in 2021. In 2019, she was also named as the South Asia and Oceanian laureate at the Cartier Women’s Initiative awards. Sari-sari store enabler Packworks, meanwhile, emerged as the winner in the smart commerce and logistics category. Packworks provides digital solutions to over 300,000 sari-sari stores so they can make their operations more efficient. Its suite of products includes tools for pricing, inventory management and sales tracking. “We aim to provide constant ways to improve the country’s supply chain through accessible and scalable technology that empowers small business owners that drives progress and inclusivity,” says the company on its website. The trio of Hubert Yap, Bing Tan and Ibba Bernardo brought Packworks into reality in 2018. The founders initially wanted a solution that would link multinational companies to sari-sari stores. But they eventually decided to focus on microentrepreneurs instead after realizing how technology can change the way they operate for the better. Atec is the biggest alumni-led technology conference in Asia. The annual startup competition celebrates the excellence of enterprises that develop new and cutting-edge products. In this year’s competition, the 40-member selection committee screened 106 applications, whereby 32 semifinalists were shortlisted. FETED Packworks CEO Bing Tan (center) receives the Atec award (smart commerce and logistics category). A startup can join the competition after getting a nomination from an alumni organization that is part of Atec. In this case, both InvestEd and Packworks were backed by the Harvard Club of the Philippines Global. Last year, homegrown Mayani won the Emerging Market Solutions Impact Award. A social enterprise linking over 139,000 smallholder farmers to retail and commercial consumers, this startup has helped a lot of indigenous farmers in Zambales. According to a study by local market research firm Uniquecorn Strategies, the majority or 75 percent of the Philippine startups were keen on achieving profitability over growth to reduce dependency on investor funding. Next on the list of priorities are customer experience and product development at 55 percent each. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . More than half or 55 percent of the founders surveyed expect to become profitable within the next one to two years. INQMichael O'Brien's Super 25 high school high school basketball rankings for Dec. 29, 2024Mumbai: Aishwarya Rai and Abhishek Bachchan are one of Bollywood’s most loved couples. Their love story, which began with their marriage in 2007, has been admired for years. While they shine on-screen, their off-screen life is equally fascinating. The duo shares a love for luxury, and one of their most prized possessions is their stunning villa in Dubai. Located in Sanctuary Falls at Jumeirah Golf Estates, the Bachchans’ villa is worth a whopping Rs. 16 crore. This ultra-luxurious home is part of a 97-villa community and overlooks an 18-hole championship golf course. The villa isn’t just beautiful; it’s packed with high-end features like a Scavolini designer kitchen, a Bang & Olufsen home theatre, and smart home automation. The villa also boasts a private swimming pool and lush gardens, perfect for relaxing or spending time with family. The peaceful and elegant surroundings make it a dream home, offering both comfort and exclusivity. Apart from their lavish lifestyle, both Aishwarya and Abhishek have thriving careers. Aishwarya, with a net worth of Rs. 776 crore, is a Bollywood icon known for her beauty and talent. Abhishek recently returned to the big screen with his film “I Want to Talk”, showcasing his versatility as an actor. Together, the couple has built a life that blends luxury, love, and success. Their Dubai villa is just one example of the glamorous yet grounded life they share. Whether it’s their home or their work, the Bachchans continue to inspire and impress.

Global Launch of JETOUR T2 i-DM: Reshaping the Hybrid SUV MarketHere are your top tips for a financially healthy 2025NoneVancouver Canucks (12-7-3, in the Pacific Division) vs. Detroit Red Wings (10-11-2, in the Atlantic Division) Detroit; Sunday, 12:30 p.m. EST BOTTOM LINE: The Vancouver Canucks visit the Detroit Red Wings after the Canucks took down the Buffalo Sabres 4-3 in overtime. Detroit has gone 5-6-1 at home and 10-11-2 overall. The Red Wings have gone 3-3-2 in games they serve more penalty minutes than their opponents. Vancouver has a 12-7-3 record overall and a 9-2-0 record on the road. The Canucks have a +two scoring differential, with 71 total goals scored and 69 given up. Sunday's game is the first time these teams square off this season. TOP PERFORMERS: Dylan Larkin has 12 goals and six assists for the Red Wings. Lucas Raymond has six goals and four assists over the past 10 games. Quinn Hughes has five goals and 20 assists for the Canucks. Elias Pettersson has scored five goals with eight assists over the last 10 games. LAST 10 GAMES: Red Wings: 4-5-1, averaging 2.5 goals, 4.3 assists, 2.9 penalties and 6.3 penalty minutes while giving up 2.9 goals per game. Canucks: 5-5-0, averaging 3.2 goals, 5.7 assists, 3.7 penalties and 9.1 penalty minutes while giving up 3.2 goals per game. INJURIES: Red Wings: None listed. Canucks: None listed. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

Eddie Howe wants even more from in-form Newcastle striker Alexander Isak. The 25-year-old Sweden international took his goal tally for the season to 12 in the 3-0 Boxing Day win over Aston Villa at St James’ Park, 10 of them in his last 10 Premier League games, after a challenging start to the new campaign. Isak managed 25 goals in a black and white shirt last season to further justify the club record £63million the club paid to bring him to Tyneside from Real Sociedad during the summer of 2022, but as delighted as he is with his big-money signing, head coach Howe is confident there is even more to come. Murph ? Alex Isak Different game. Same link up. ? pic.twitter.com/OMhZf7dtKZ — Newcastle United (@NUFC) December 27, 2024 Asked where the former AIK Solna frontman currently ranks in world football, he said: “My biggest thing with Alex is I am evaluating his game on a daily and weekly basis and I just want to try to push him for more. “Everyone else can say where he is in the pecking order of world football. His game is in a good place at the moment. “My job is to not sit back and appreciate that, my job is to try and find areas he can improve, push him towards that and never stop pushing him. He has all the ingredients in there. Football never stops evolving and changing and he has to evolve with it. “There is a lot more to come from him. Our job is to help him deliver that. It is no coincidence that Newcastle have prospered as Isak has rediscovered his best form, and they will head for Manchester United – where they have won only once in the top flight since 1972 – on Monday evening looking for a fifth successive win in all competitions. He has scored in each of the last five league games having grown into the mantle of the Magpies’ main man, a role performed with such distinction in the past by the likes of Jackie Milburn, Malcolm Macdonald and Alan Shearer, and he has done so with the minimum of fuss. Asked about his character, Howe said: “He is calm, cool – he is what you see on the pitch. Alexander Isak’s goals have coincided with Newcastle’s recent improvement (Owen Humphreys/PA) “With Alex, the beauty of his attitude is that he wants to improve. We give him information and he is responsive. He is not a closed shop. “He is in no way thinking he has arrived at a certain place. He knows he has to keep adding to his game. The challenge is great for him to keep scoring freely as he is now.”MINNEAPOLIS (AP) — With Penn State’s strong push for a spot in the College Football Playoff still a couple of wins from completion, the biggest roadblock to a bid for the Nittany Lions in this favorable final third of their schedule has appeared with a trip to Minnesota . That’s why this week, naturally, is too early for them to talk about making the inaugural 12-team tournament — as enticing as their prospects might be. “I think the quality of teams that we go in and play each week speaks for itself,” quarterback Drew Allar said. “But as far as rankings, it doesn’t really matter until it matters.” Penn State (9-1, 6-1 Big Ten) is fourth in both the AP poll and the CFP rankings this week, needing help for a long-shot hope of reaching the Big Ten title game because of a loss to now-No. 2 Ohio State on Nov. 2. In this new era of playoff expansion, the Nittany Lions are on firm footing for an at-large bid. Lose to the unranked Gophers (6-4, 4-3), however, and that ground could become shaky given the current collection of standout two-loss teams in the SEC. In case the Nittany Lions needed proof of the danger of letting focus diverge, coach James Franklin and his staff can call up the tape from Nov. 9, 2019. That’s when an undefeated Penn State team came to Minnesota and lost 31-26 . The Nittany Lions lost again at Ohio State two weeks later and finished 11-2, one of several not-quite performances for this storied program that last went unbeaten in 1994 and hasn’t been recognized as national champions since 1986. The Gophers were undefeated themselves after that game before losses to rivals Iowa and Wisconsin ended their Rose Bowl quest. This team isn’t on that level of talent and success from five years ago, but the chemistry has been off the charts. Coach P.J. Fleck drew attention to some of the individual standout performances that fueled the signature victory in 2019 in meetings with players this week. “We need our best playmakers to play their best. Penn State’s going to need their playmakers to be their best. That’s what happens in November,” Fleck said. Tyler Warren has already shattered nearly every record for Penn State tight ends. The do-it-all senior become such a force his teammates insist he’s worthy of the Heisman Trophy, tracking toward the top of the NFL draft board for his position next spring. “He’s the best tight end in America, but he’s also the most complete tight end in America,” Allar said. Warren is coming off a 190-yard performance at Purdue that included 63 yards on three rushes and 127 yards on eight receptions. “He has the ability to take a play that should be 2 or 3 yards and turn it into 30 or 40,” Gophers defensive end Danny Striggow said. Penn State defensive end Abdul Carter has 171⁄2 tackles for loss, the second-most in the FBS, and eight sacks to match the third-most in the Big Ten. He has a challenging matchup this week with Minnesota left tackle Aireontae Ersery across from him in a battle of projected first-round NFL draft picks. Gophers coaches told Striggow and his fellow defensive linemen a couple of seasons ago to relish the opportunity to face Ersery in practice. “That’s one of the best looks in the country that you’re going to get,” Striggow said. Carter has successfully made the transition from linebacker this season. “He is impacting the game in a number of ways, which creates opportunities for other guys on our defensive line and within our defense and causes a lot of headaches,” Franklin said. “He is becoming more and more of a leader every single day.” Allar and the Nittany Lions have paid particular attention to protecting the ball this week, given the Gophers have 16 interceptions, one short of the national lead. Penn State quarterback Drew Allar feels he’ll need to be especially accurate this weekend considering Minnesota has 16 interceptions on the season. “We’re just going to have to be disciplined and stick to our game plan,” Allar said. The Gophers have a strong group of departing players who will take the field at Huntington Bank Stadium for the final time, including Ersery, quarterback Max Brosmer, wide receiver Daniel Jackson, right guard Quinn Carroll, cornerback Justin Walley, kicker Dragan Kesich and Striggow. “It’s been good to reflect, but it’s not over yet,” Striggow said. “Those short windows of reflection, I cut ’em out and then say, ‘We’ve got some more memories to make.’”

MILWAUKEE (AP) — Giannis Antetokounmpo was available for the Milwaukee Bucks against the Washington Wizards Saturday night after missing one game with swelling in his left knee. Antetokounmpo sat out the Bucks’ 106-103 NBA Cup victory at Miami on Tuesday. The two-time MVP had been listed as probable with tendinopathy in his right patellar tendon. “He’s good,” Bucks coach Doc Rivers said before the game. Antetokounmpo entered Saturday as the league’s leading scorer at 32.4 points per game. He ranked fifth in rebounds (11.9) and 20th in assists (6.4). ___ AP NBA:

Advisors Asset Management Inc. lifted its position in Lincoln Electric Holdings, Inc. ( NASDAQ:LECO – Free Report ) by 221.9% during the third quarter, Holdings Channel reports. The institutional investor owned 721 shares of the industrial products company’s stock after buying an additional 497 shares during the quarter. Advisors Asset Management Inc.’s holdings in Lincoln Electric were worth $138,000 as of its most recent SEC filing. Other large investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its holdings in Lincoln Electric by 174.4% in the first quarter. EverSource Wealth Advisors LLC now owns 107 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 68 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Lincoln Electric in the 2nd quarter worth $28,000. UMB Bank n.a. grew its stake in Lincoln Electric by 97.9% during the 3rd quarter. UMB Bank n.a. now owns 283 shares of the industrial products company’s stock worth $54,000 after buying an additional 140 shares during the last quarter. Quarry LP increased its position in Lincoln Electric by 41.5% during the 2nd quarter. Quarry LP now owns 300 shares of the industrial products company’s stock valued at $57,000 after buying an additional 88 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in Lincoln Electric by 308.5% in the third quarter. Blue Trust Inc. now owns 335 shares of the industrial products company’s stock valued at $63,000 after buying an additional 253 shares during the last quarter. Institutional investors own 79.61% of the company’s stock. Analyst Ratings Changes LECO has been the topic of a number of research analyst reports. KeyCorp boosted their price target on Lincoln Electric from $210.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, November 14th. StockNews.com raised shares of Lincoln Electric from a “hold” rating to a “buy” rating in a research report on Monday, November 25th. Robert W. Baird decreased their price target on shares of Lincoln Electric from $220.00 to $212.00 and set an “outperform” rating for the company in a report on Wednesday, September 4th. Finally, Stifel Nicolaus boosted their price objective on shares of Lincoln Electric from $184.00 to $185.00 and gave the company a “hold” rating in a report on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $220.00. Insider Buying and Selling In related news, SVP Michael J. Whitehead sold 1,100 shares of the stock in a transaction on Friday, September 6th. The shares were sold at an average price of $175.96, for a total transaction of $193,556.00. Following the sale, the senior vice president now directly owns 11,178 shares of the company’s stock, valued at approximately $1,966,880.88. This represents a 8.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink . 2.63% of the stock is owned by corporate insiders. Lincoln Electric Stock Performance LECO opened at $218.48 on Friday. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.86. Lincoln Electric Holdings, Inc. has a 12-month low of $169.51 and a 12-month high of $261.13. The firm has a 50 day moving average of $200.11 and a two-hundred day moving average of $196.57. The firm has a market capitalization of $12.33 billion, a PE ratio of 26.07, a P/E/G ratio of 1.65 and a beta of 1.14. Lincoln Electric ( NASDAQ:LECO – Get Free Report ) last issued its earnings results on Thursday, October 31st. The industrial products company reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.09. Lincoln Electric had a net margin of 11.93% and a return on equity of 40.03%. The firm had revenue of $983.76 million during the quarter, compared to analysts’ expectations of $988.07 million. During the same quarter last year, the company posted $2.40 earnings per share. The firm’s revenue was down 4.8% compared to the same quarter last year. On average, analysts anticipate that Lincoln Electric Holdings, Inc. will post 8.75 EPS for the current year. Lincoln Electric Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.75 dividend. This is an increase from Lincoln Electric’s previous quarterly dividend of $0.71. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.37%. Lincoln Electric’s dividend payout ratio is presently 35.80%. About Lincoln Electric ( Free Report ) Lincoln Electric Holdings, Inc, through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business in the United States. Read More Want to see what other hedge funds are holding LECO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lincoln Electric Holdings, Inc. ( NASDAQ:LECO – Free Report ). Receive News & Ratings for Lincoln Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Electric and related companies with MarketBeat.com's FREE daily email newsletter .Munatsi Manyande has met several asylum seekers in his lifetime, each looking to call the U.S. home. Some are fleeing their own country due to religious persecution, while others are seeking protection from being targeted for their race, nationality, social group or political opinion. As the executive director of the DASH Network, Manyande leads other members of the Fort Worth faith-based nonprofit to help asylum seekers while they wait to be granted a work permit . Once they receive a permit, the asylum seekers can look to the DASH Network to help them find a job, housing and modes of transportation as they transition into independent life over a period of five to six months. When the DASH Network works with a family seeking asylum, there are some words of comfort the nonprofit always offers, Manyande said. “We’ll say, ‘Hey, we know navigating this process is really hard, and the process doesn’t move nearly as fast as you would like it to move and we can’t really do much about that,’” Manyande said. “‘But what we can do is guarantee you that you’re going to have a roof over your head (while you wait).’” Get essential daily news for the Fort Worth area. Sign up for insightful, in-depth stories — completely free. In the past, the DASH Network has provided housing to asylum-seeking families by renting apartments. As tenants, the nonprofit navigated rising rent costs and changes of ownership, Manyande said. But, on Nov. 15, the nonprofit had a “breakthrough,” Manyande said. The DASH Network purchased an apartment complex of their own in Fort Worth. The nonprofit’s 14-unit complex will host English classes, store grocery deliveries and hold social events all under one roof, Manyande said. Owning a building also means that staff can work where residents live, helping to build and strengthen a sense of community, he added. “We’re up close and seeing them every day and having conversations every day with these families. I think it makes it a lot easier to figure out pain points and come up with solutions for them,” Manyande said. The building purchase came just a day after Manyande received the 2024 Global Entrepreneurship Award during the Fort Worth Sister Cities’ Mayor’s International Dinner and Global Awards. The plaque, awarded to him by Fort Worth Mayor Mattie Parker and Fort Worth Sister Cities, was in recognition of the DASH Network’s efforts to help asylum seekers in the community. “The award for me just kind of put me in a place where I could pause for a little bit and kind of remember the journey that we’ve been on,” Manyande said. DASH got its start caring for asylum seekers as a ministry in 2012 and became a stand-alone nonprofit in 2017. The nonprofit has served more than 270 asylum seekers since its inception, according to a 2023 impact report . Texas was ranked second out of the six states with the largest immigrant population in the U.S., at 1.6 million people, according to a 2021 Pew Research Center study . The DASH Network is preparing all the units for move-in, Manyande said, with a ribbon-cutting ceremony expected in early 2025. Marissa Greene is a Report for America corps member, covering faith for the Fort Worth Report. Contact her at marissa.greene@fortworthreport.org. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here . Your support makes TWICE the impact today. As November draws to a close , time is running out to double your impact. Thanks to the generosity of the Nicholas Martin Jr. Family Foundation, every dollar you give will be matched—up to $15,000. Will you give today to help trusted, local reporting thrive in Fort Worth and Tarrant County? Related Fort Worth Report is certified by the Journalism Trust Initiative for adhering to standards for ethical journalism . Republish This Story Republishing is free for noncommercial entities. Commercial entities are prohibited without a licensing agreement. Contact us for details. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License . Look for the "Republish This Story" button underneath each story. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Do not copy stories straight from the front-end of our web-site. You are required to follow the guidelines and use the republication tool when you share our content. The republication tool generates the appropriate html code. You can’t edit our stories, except to reflect relative changes in time, location and editorial style. You can’t sell or syndicate our stories. Any web site our stories appear on must include a contact for your organization. If you use our stories in any other medium — for example, newsletters or other email campaigns — you must make it clear that the stories are from the Fort Worth Report. In all emails, link directly to the story at fortworthreport.org and not to your website. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. 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If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. by Marissa Greene, Fort Worth Report November 30, 2024Advisors Asset Management Inc. boosted its holdings in Credo Technology Group Holding Ltd ( NASDAQ:CRDO – Free Report ) by 11.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,722 shares of the company’s stock after purchasing an additional 478 shares during the quarter. Advisors Asset Management Inc.’s holdings in Credo Technology Group were worth $145,000 at the end of the most recent quarter. A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Price T Rowe Associates Inc. MD grew its holdings in shares of Credo Technology Group by 10.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 69,997 shares of the company’s stock valued at $1,484,000 after buying an additional 6,813 shares during the last quarter. Public Employees Retirement Association of Colorado acquired a new position in Credo Technology Group during the 1st quarter valued at about $352,000. California State Teachers Retirement System boosted its stake in Credo Technology Group by 7.7% during the 1st quarter. California State Teachers Retirement System now owns 128,795 shares of the company’s stock valued at $2,729,000 after purchasing an additional 9,218 shares during the last quarter. Marathon Strategic Advisors LLC purchased a new stake in shares of Credo Technology Group in the second quarter worth approximately $240,000. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of Credo Technology Group by 319.8% in the second quarter. Harbor Capital Advisors Inc. now owns 31,383 shares of the company’s stock valued at $1,002,000 after purchasing an additional 23,907 shares in the last quarter. Institutional investors own 80.46% of the company’s stock. Insider Transactions at Credo Technology Group In related news, CTO Chi Fung Cheng sold 55,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $47.37, for a total value of $2,605,350.00. Following the completion of the transaction, the chief technology officer now directly owns 8,728,602 shares of the company’s stock, valued at approximately $413,473,876.74. This trade represents a 0.63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, COO Yat Tung Lam sold 10,000 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $27.69, for a total transaction of $276,900.00. Following the sale, the chief operating officer now directly owns 2,885,840 shares in the company, valued at $79,908,909.60. The trade was a 0.35 % decrease in their position. The disclosure for this sale can be found here . In the last 90 days, insiders sold 1,324,817 shares of company stock worth $43,552,936. 16.04% of the stock is owned by company insiders. Credo Technology Group Stock Performance Credo Technology Group ( NASDAQ:CRDO – Get Free Report ) last posted its quarterly earnings data on Wednesday, September 4th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.03). Credo Technology Group had a negative net margin of 12.05% and a negative return on equity of 3.74%. The firm had revenue of $59.71 million during the quarter, compared to analysts’ expectations of $59.50 million. Analysts forecast that Credo Technology Group Holding Ltd will post -0.02 earnings per share for the current year. Analysts Set New Price Targets Several brokerages recently issued reports on CRDO. The Goldman Sachs Group upped their price target on Credo Technology Group from $26.00 to $31.00 and gave the stock a “buy” rating in a report on Friday, September 6th. Stifel Nicolaus increased their target price on shares of Credo Technology Group from $40.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. Roth Mkm boosted their price target on shares of Credo Technology Group from $35.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Barclays upped their price objective on shares of Credo Technology Group from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Thursday, September 5th. Finally, Mizuho lifted their target price on shares of Credo Technology Group from $35.00 to $41.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. One investment analyst has rated the stock with a sell rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Credo Technology Group presently has an average rating of “Moderate Buy” and an average target price of $36.56. Read Our Latest Stock Analysis on Credo Technology Group Credo Technology Group Profile ( Free Report ) Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. Featured Stories Want to see what other hedge funds are holding CRDO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Credo Technology Group Holding Ltd ( NASDAQ:CRDO – Free Report ). Receive News & Ratings for Credo Technology Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credo Technology Group and related companies with MarketBeat.com's FREE daily email newsletter .

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