How to Spot North Korean Scammers in the American Workforce: Look for Minions
The FBI believes thousands of North Koreans have infiltrated the U.S. workforce by assuming the identities of Americans to secure remote jobs. Many of them, investigators have found, are bound by a few defining characteristics: total devotion to Dear Leader Kim Jong Un, a penchant for stealing cryptocurrency and an obsession with Minions, the cuddly yellow agents of evil from 'Despicable Me.'
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Richard Pzena's Strategic Moves: Corebridge Financial Inc. Takes Center Stage with 1. ...
Insights from Richard Pzena (Trades, Portfolio)'s Second Quarter 2025 13F Filing Warning! GuruFocus has detected 5 Warning Sign with MGA. Richard Pzena (Trades, Portfolio) recently submitted the 13F filing for the second quarter of 2025, providing insights into his investment moves during this period. Richard Pzena (Trades, Portfolio) is the founder and Co-Chief Investment Officer of Pzena Investment Management, LLC. Pzena started the firm in 1995. He earned a BS summa cum laude from the Wharton School in 1979 and an MBA from the University of Pennsylvania in 1980. Pzena's philosophy is based on ranking companies from the cheapest to the most expensive on the basis of how their current share price compares to their normal long-term earnings power. He purchases shares in good businesses that are selling at a low price. He understands that it is often unrealistic to expect such opportunities to be available absent some sort of problem which causes the price of the shares to drop. The question Pzena and his team try to answer is whether the issue that caused the drop in price is temporary or permanent. Summary of New Buy Richard Pzena (Trades, Portfolio) added a total of 12 stocks, among them: The most significant addition was WNS (Holdings) Ltd (NYSE:WNS), with 1,662,463 shares, accounting for 0.34% of the portfolio and a total value of $105.13 million. The second largest addition to the portfolio was Oshkosh Corp (NYSE:OSK), consisting of 525,887 shares, representing approximately 0.19% of the portfolio, with a total value of $59.71 million. The third largest addition was Arcos Dorados Holdings Inc (NYSE:ARCO), with 6,533,482 shares, accounting for 0.17% of the portfolio and a total value of $51.55 million. Key Position Increases Richard Pzena (Trades, Portfolio) also increased stakes in a total of 92 stocks, among them: The most notable increase was Corebridge Financial Inc (NYSE:CRBG), with an additional 10,673,099 shares, bringing the total to 18,723,701 shares. This adjustment represents a significant 132.58% increase in share count, a 1.23% impact on the current portfolio, with a total value of $664.69 million. The second largest increase was Skyworks Solutions Inc (NASDAQ:SWKS), with an additional 4,444,747 shares, bringing the total to 12,207,643. This adjustment represents a significant 57.26% increase in share count, with a total value of $909.71 million. Summary of Sold Out Richard Pzena (Trades, Portfolio) completely exited 6 of the holdings in the second quarter of 2025, as detailed below: JELD-WEN Holding Inc (NYSE:JELD): Richard Pzena (Trades, Portfolio) sold all 10,311,305 shares, resulting in a -0.21% impact on the portfolio. 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It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Why Nike (NKE) Stock Is Trading Up Today
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Figma IPO: Analyst says this is the 'ideal candidate' to lead the way
-- In a note to clients on Monday, DA Davidson called Figma 'an ideal IPO candidate to lead the way for additional software IPOs over the next 12–18 months.' The firm expects Figma to begin trading later this week. The note highlights strong investor appetite and points to the firm's fundamentals, stating that Figma 'checks the boxes in terms of growth, profitability, and technology.' Figma is part of a broader wave of well-capitalized private software companies, such as Canva, Databricks, and Genesys, preparing to go public following a prolonged IPO drought. According to DA Davidson, these firms have become 'fit,' with reports of positive free cash flow alongside healthy double-digit revenue growth. With 46% year-over-year growth in the first quarter of 2025 and a projected 39%–41% increase in the second, Figma's performance stands 'well above the median for SaaS names in our universe at 13%,' DA Davidson added. 'We see a pathway to durable growth going forward,' stated the firm, citing a growing enterprise motion and improved monetisation of free users. While investors are closely watching the evolving competitive dynamics with Adobe (NASDAQ:ADBE) and Canva, DA Davidson believes Figma 'has a strong argument to remain a category leader' due to its 'key role in product management workflows, collaboration capabilities, and partner ecosystem.' The analysts expect 'a positive day 1 reaction,' noting that the IPO pricing range implies a fully diluted valuation between $14.6 billion and $16.4 billion. 'For a story with solid growth potential, positive operating margin trends, and strong brand awareness we believe that institutional and retail interest will be high leading to a positive initial reaction,' DA Davidson concluded. Related articles Figma IPO: Analyst says this is the 'ideal candidate' to lead the way Clients buying into summer rally, bracing for later pullback, says BofA's Hartnett Apollo economist warns: AI bubble now bigger than 1990s tech mania Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
