DAVENPORT & Co LLC trimmed its stake in Unity Software Inc. (NYSE:U – Free Report) by 6.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investors owned 18,502 shares of the company’s stock after selling 1,310 shares during the period. DAVENPORT & Co LLC’s holdings in Unity Software were worth $600,000 at the end of the most recent quarter. Other large investors have also recently made changes to their positions in the company. BI Asset Management Fondsmaeglerselskab AS bought a new position in shares of Unity Software…
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Sonata Software announces strategic partnership with SAP Commerce to drive digital innovation
Partnership will enable customers to leverage the power of SAP Commerce’s advanced capabilities and Sonata’s expertise in delivering digital commerce solutions to achieve their business goals BANGALORE, India, June 6, 2023 /PRNewswire/ — Sonata Software, a global Modernization and Digital Engineering company, has announced a strategic partnership with SAP Commerce to drive digital innovation and help businesses accelerate their digital transformation journey. SAP Commerce, a leading enterprise e-commerce platform, will be integrated with Sonata Software’s digital commerce expertise to provide customers with end-to-end e-commerce solutions, including storefront design, implementation, and maintenance. The partnership aims to offer seamless and personalized experiences…
Q3 2023 EPS Estimates for Constellation Software Inc. Decreased by Raymond James (TSE:CSU)
Constellation Software Inc. (TSE:CSU – Get Rating) – Equities research analysts at Raymond James cut their Q3 2023 earnings per share estimates for Constellation Software in a research report issued to clients and investors on Tuesday, May 16th. Raymond James analyst S. Li now expects that the company will post earnings of $17.63 per share for the quarter, down from their prior forecast of $19.49. Raymond James currently has a “Market Perform” rating and a $2,750.00 price target on the stock. The consensus estimate for Constellation Software’s current full-year earnings is $81.75 per share. Raymond James also issued estimates for…
Check Point Software Technologies Ltd. (NASDAQ:CHKP) Stock Holdings Increased by Pacer Advisors Inc.
Pacer Advisors Inc. boosted its position in Check Point Software Technologies Ltd. (NASDAQ:CHKP – Get Rating) by 895.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 846 shares of the technology company’s stock after buying an additional 761 shares during the quarter. Pacer Advisors Inc.’s holdings in Check Point Software Technologies were worth $107,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also recently bought and sold shares of CHKP. Massachusetts Financial Services Co. MA…
Easy Software Reports Full Year 2022 Earnings
Easy Software (HMSE:ESY) Full Year 2022 Results Key Financial Results Revenue: €50.3m (flat on FY 2021). Net income: €438.0k (up from €907.0k loss in FY 2021). Profit margin: 0.9% (up from net loss in FY 2021). earnings-and-revenue-history All figures shown in the chart above are for the trailing 12 month (TTM) period Easy Software’s share price is broadly unchanged from a week ago. Risk Analysis Don’t forget that there may still be risks. For instance, we’ve identified 2 warning signs for Easy Software that you should be aware of. Have feedback on this article? Concerned about the content? get in…
GM’s New Open-Source Software Is Supposed to Make Other Automakers’ Lives Easier
Photo: Buick General Motors is apparently in the giving mood and has decided to create its own open source software protocol that’ll serve as a “starting point” for other automakers and developers. GM says this is all being done in an effort to create a better software experience for car buyers, and it comes on the heels of GM saying it would be cutting off Apple CarPlay and Android Auto. The move reportedly comes as the automotive industry as a whole is looking to hire more software developers and programmers. In case you missed it: The program is called “UProtocol,”…
Tesla Software Update To Reintroduce Regen Braking Strength Settings
Tesla is reportedly pushing a new over-the-air software update that will bring back regenerating braking “strength” settings for drivers. A few years ago, the US EV maker did away with different settings for its EVs’ regen and just made all cars stick with the same “strong” setting, likely to ensure the best efficiency. There are many arguments to be made for and against different levels of regen for electric cars. For those unfamiliar, regenerative braking uses the EV’s electric motor to slow the car, all while sending the excess energy back into the battery. While some EVs will just gradually…
Progress Software Corporation’s (NASDAQ:PRGS) Intrinsic Value Is Potentially 57% Above Its Share Price
Key Insights The projected fair value for Progress Software is US$88.99 based on 2 Stage Free Cash Flow to Equity Progress Software’s US$56.62 share price signals that it might be 36% undervalued The US$63.43 analyst price target for PRGS is 29% less than our estimate of fair value In this article we are going to estimate the intrinsic value of Progress Software Corporation (NASDAQ:PRGS) by estimating the company’s future cash flows and discounting them to their present value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. Before you think you won’t be able to…