Figma Had a Dazzling IPO. It Could Have Been $3 Billion Better.
Figma and selling shareholders raised $1.2 billion in the IPO. They could have pocketed much more had the initial shares, priced at $33 apiece, been priced higher.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
7 minutes ago
- Yahoo
Amazon Founder Jeff Bezos Loses $17 Billion Following Company's Mixed Q2 Earnings
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Jeff Bezos, the founder and Executive Chairman of Inc. (NASDAQ:AMZN), saw his net worth take a plunge, alongside the shares of his company, following its second quarter results last week. What Happened: The fourth-richest man in the world, with a net worth of $237 billion, according to the Bloomberg Billionaires Index, lost $17 billion last week on Friday, from $254 billion the prior day, after investors were unimpressed with the company's second-quarter earnings. The stock was down 8.27% on Friday, following the company's results, despite it beating consensus estimates on sales and earnings. Don't Miss: 7,000+ investors have joined Timeplast's mission to eliminate microplastics— This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — You Can Become an Investor for Just $500.25 This was largely attributed to the slowing momentum in the company's AWS cloud computing segment, which generated $10.2 billion in sales during the quarter, up 17.5% year-over-year, which fell short of consensus estimates at 20%. Amazon shares currently constitute a significant chunk of Bezos' net worth, with 884 million shares, or 8.3% of total shares outstanding, which, at the stock's current market price, is valued at $190 billion. The rest of his fortune comprises Blue Origin, his space exploration company, which, being privately held, is valued at the cost of investment. Why It Matters: According to analyst Eric Allen of Stealth, the market's reaction to the company's earnings was 'totally wrong,' since this was a capacity issue, with Amazon unable to meet the growing demand for its AWS computing resources. Amazon reported $167.7 billion in sales during the quarter, up 13% year-over-year, and ahead of consensus estimates at $161.9 billion. It posted a profit of $1.68 per share, which again beat analyst consensus estimates at $1.30. Bezos has been consistently offloading his stake in the company he founded, having sold 95 million shares in 2024 and 2025 so far, with net proceeds of $18.2 billion. Read More: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Photo courtesy: Shutterstock This article Amazon Founder Jeff Bezos Loses $17 Billion Following Company's Mixed Q2 Earnings originally appeared on Sign in to access your portfolio
Yahoo
7 minutes ago
- Yahoo
This Beverly JCG Insider Increased Their Holding By 93% Last Year
Explore Beverly JCG's Fair Values from the Community and select yours Looking at Beverly JCG Ltd.'s (Catalist:9QX ) insider transactions over the last year, we can see that insiders were net buyers. That is, there were more number of shares purchased by insiders than there were sold. While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The Last 12 Months Of Insider Transactions At Beverly JCG The insider Mark Jones made the biggest insider purchase in the last 12 months. That single transaction was for S$500k worth of shares at a price of S$0.0087 each. Although we like to see insider buying, we note that this large purchase was at significantly below the recent price of S$0.011. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices. Mark Jones bought 119.20m shares over the last 12 months at an average price of S$0.0084. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! View our latest analysis for Beverly JCG Beverly JCG is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket. Does Beverly JCG Boast High Insider Ownership? Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. It's great to see that Beverly JCG insiders own 57% of the company, worth about S$5.8m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. What Might The Insider Transactions At Beverly JCG Tell Us? It's certainly positive to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Beverly JCG. Looks promising! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Our analysis shows 5 warning signs for Beverly JCG (4 make us uncomfortable!) and we strongly recommend you look at them before investing. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
7 minutes ago
- Yahoo
New marketing coordinator at Discover Kalispell steps into role
Aug. 4—For Annie Young, using professional skills to impact a community in a positive way is one of the best things about working in the marketing industry. Entering her new role as marketing communications manager of Discover Kalispell, Young looks forward to doing just that. "I'm inspired by this place, the joy it brings me personally and the opportunity to help others," Young said last week. "Seeing this team at Discover Kalispell do that day in and day out ... I'm thrilled to be a part of that." As the marketing communications manager, Young is responsible for the development and supervision of marketing and communication strategies, including working with agency partners to amplify the brand presence, continue to build out email marketing, managing the website and designing promotional products. Growing up, Young spent her childhood moving and traveling across the country as her father served in the Air Force. She attended the University of Arkansas, where she majored in journalism, advertising and public relations, and officially landed in the Flathead Valley about five years ago. Prior to moving to the valley, Young would often visit the region, enjoying the mountains and clear blue lakes. With the knowledge and experience of being a visitor to now having a local perspective, Young is uniquely positioned to amplify Discover Kalispell's voice. "I'm really excited to continue the work that's being done here and build on that. Specifically making sure Kalispell is positioned as an opportunity to experience Montana authentically," Young said. Prior to joining Discover Kalispell, Young spent 10 years as the marketing and communications director for Central Washington University Advancement, where she worked on the college's branding, design, marketing, merchandising and production. She looks forward to using the skills she's acquired over the years in a new way that works with the local business community. "The goal is to make sure we're supporting tourism in a way that supports local businesses but also preserves the way of life here," she said. Young, her husband Derek and her son Dillon live in the Flathead Valley. Her daughter, Sydney, lives in Lolo. Young officially started at Discover Kalispell at the end of June. Discover Kalispell is Kalispell's marketing organization that manages a sales and promotion strategy while working closely with the Kalispell Chamber of Commerce and the business community. A fun opportunity for visitors and residents both is the Huckleberry Treat Trail challenge through Discover Kalispell, Young said. The challenge includes a list of savory and sweet drinks and meals across the valley that includes huckleberries. Those who check in at the stops can earn points for a chance to win prizes. To learn more, visit Reporter Kate Heston may be reached at 758-4459 or kheston@ Solve the daily Crossword
