Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Barracuda Networks, Inc. (NYSE: CUDA) (“Barracuda” or the “Company”) relating to the proposed buyout of Barracuda by Thoma Bravo, LLC. Under the terms of the agreement, Barracuda shareholders are anticipated to receive $27.55 in cash for each share of Barracuda common stock held. ...
STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Barracuda Networks, Inc. (NYSE: CUDA) (“Barracuda” or the “Company”) relating to the proposed buyout of Barracuda by Thoma Bravo, LLC. Under the terms of the agreement, Barracuda shareholders are anticipated to receive $27.55 in cash for each share of Barracuda common stock held. ...
NEW YORK--(BUSINESS WIRE)-- Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Barracuda Networks, Inc. (NYSE:CUDA) stockholders concerning the proposed acquisition of the company by Thoma Bravo, LLC. Our investigation concerns whether Barracuda’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Thoma Bravo. Under the terms of the agreement, each outstanding share of Barracuda common ...
NEW YORK--(BUSINESS WIRE)-- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Barracuda Networks, Inc. (“Barracuda” or the “Company”) (NYSE:CUDA) concerning the proposed buyout of the Company by Thoma Bravo, LLC. Under the terms of the agreement, Barracuda stockholders will receive $27.55 in cash for each share of Barracuda stock they own. At least one Wall Street analyst has a price target of $32.00 per share. Our investigation concerns whether the Barracuda board...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of Barracuda Networks, Inc. (NYSE: CUDA)? Did you purchase any of your shares prior to November 27, 2017? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Barracuda Networks, Inc. (“Barracuda” or the “Company”) (NYSE: CUDA) r...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Barracuda Networks, Inc. (“Barracuda Networks” or the “Company”) (NYSE: CUDA) stock prior to November 27, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Barracuda to Thoma Bravo, LLC. Under the terms of the transaction, Barracuda shareholders will receive $27.55 in cash for each share of Barracuda stock ...
A director at Barracuda Networks Inc sold 598,000 shares at 25.719USD and the significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two y...
ANN ARBOR, Mich.--(BUSINESS WIRE)-- With support from Ann Arbor SPARK and the Michigan Economic Development Corp, Barracuda Networks (NYSE: CUDA) is expanding in Ann Arbor. As part of the expansion, Barracuda intends to add 115 new jobs in downtown Ann Arbor over the next four years. “Barracuda has been a long-time supporter of Ann Arbor, and it’s exciting to see the company continue to thrive here,” said Paul Krutko, president and CEO of Ann Arbor SPARK. “Barracuda is an active participant in our tech ecosystem and draws att...
​Business in flux mars outlook somewhat; Remain BUY: Following the company’s better than expected F4Q17 results (5th consecutive quarter of upside), we maintain our BUY rating and our $32 PT. Secular changes in the way IT is deployed – i.e. move to the cloud – is reducing the visibility of the business and the accompanying growth rates. However, we believe the core business is still intact and the growth rates do not reflect the strength in the business.
Big threats lead to big opportunities. And if IBM President and CEO Ginni Rometty is correct in stating that cybercrime is “the greatest threat to every profession, every industry, every company in the world,†an investment opportunity is likely present. Technicals certainly suggest so. • The Cyber Security ETF (HACK; below) is beginning to break out from a multi-year consolidation, indicating it is resuming its prior advance. Individual stocks--see list below--also support a bullish out...
Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.
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