Latest news with #quantumComputing
Yahoo
a day ago
- Business
- Yahoo
Insiders own 31% of CSP Inc. (NASDAQ:CSPI) shares but retail investors control 42% of the company
The considerable ownership by retail investors in CSP indicates that they collectively have a greater say in management and business strategy A total of 13 investors have a majority stake in the company with 50% ownership Insiders have been buying lately This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To get a sense of who is truly in control of CSP Inc. (NASDAQ:CSPI), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 42% to be precise, is retail investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company. And individual insiders on the other hand have a 31% ownership in the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. Let's take a closer look to see what the different types of shareholders can tell us about CSP. View our latest analysis for CSP Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in CSP. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at CSP's earnings history below. Of course, the future is what really matters. We note that hedge funds don't have a meaningful investment in CSP. Our data shows that Joseph Nerges is the largest shareholder with 14% of shares outstanding. For context, the second largest shareholder holds about 8.1% of the shares outstanding, followed by an ownership of 7.1% by the third-largest shareholder. Victor Dellovo, who is the second-largest shareholder, also happens to hold the title of Chief Executive Officer. After doing some more digging, we found that the top 13 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. As far as we can tell there isn't analyst coverage of the company, so it is probably flying under the radar. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our information suggests that insiders maintain a significant holding in CSP Inc.. It has a market capitalization of just US$106m, and insiders have US$33m worth of shares in their own names. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling. The general public, who are usually individual investors, hold a 42% stake in CSP. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. While it is well worth considering the different groups that own a company, there are other factors that are even more important. Many find it useful to take an in depth look at how a company has performed in the past. You can access this detailed graph of past earnings, revenue and cash flow. If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, backed by strong financial data. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. 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.
Forbes
3 days ago
- Business
- Forbes
Quantum Threats Reshape Commvault's Vision For Data Security
Commvault is incorporating post-quantum cryptography to address future data security risks. Data protection provider Commvault announced earlier this month that it is adding more quantum-safe capabilities to its platform to build out defenses against post-quantum cryptography. This is important because, as quantum computing shifts from theoretical to practical use, it brings a new class of cybersecurity threats. To help organizations prepare, Commvault has incorporated NIST-recommended PQC algorithms into its data protection offerings, covering both cloud and on-premises environments. The goal is to ensure long-term data security by protecting backups made today from potential decryption by future quantum systems. Over the past year, Commvault has introduced multiple post-quantum cryptography capabilities to safeguard data against future risks posed by quantum computing. PQC has important implications for customers, competitors and the broader industry, and all organizations should prepare for a quantum-driven — and quantum-safe — future. (Note: Commvault is an advisory client of my firm, Moor Insights & Strategy.) Understanding The Quantum Threat To Enterprise Data First, a little background on why this is so important. Quantum computers apply principles of quantum mechanics to process information in fundamentally different ways from classical computers. While this could unlock incredible advances in medicine, materials science, finance, AI and more, it also introduces new security concerns. This is because current encryption methods such as RSA and elliptic curve cryptography depend on mathematical problems that are very hard to reverse — unless a powerful quantum computer is involved. Once quantum computers that powerful are launched, probably in the next few years, these algorithms can potentially be broken quickly, compromising these widely used encryption methods. A crucial concern today is the 'harvest now, decrypt later' tactic, where bad actors can intercept and store encrypted data to decrypt it in the future once quantum capabilities mature. HNDL protection is especially critical for sectors with long-term data sensitivity, such as healthcare, finance and government. (Think of any setting in which sensitive information — names, dates of birth, government ID numbers, bank account numbers, medical histories and the like — remains unchanged for many years.) A survey by the Information Systems Audit and Control Association found that 63% of cybersecurity professionals believe quantum computing will shift or expand cyber risks, and half expect it to create compliance challenges. This image shows how users can enable PQC within Commvault's CommCell environment by selecting a ... More checkbox in the group configuration settings. Commvault's Post-Quantum Cryptography Response Commvault has taken a practical, multi-stage approach to quantum-era risks. In August 2024, it introduced a cryptographic agility framework, which is meant to allow organizations to adopt new cryptographic standards for PQC without major system changes. The framework includes several NIST-recommended quantum-resistant algorithms — CRYSTALS-Kyber, CRYSTALS-Dilithium, SPHINCS+ and FALCON. (My colleague Paul Smith-Goodson, who has been covering quantum computing for years, went into more detail about these algorithms in the context of IBM's PQC efforts, also in August 2024.) Commvault's announcement earlier this month builds on last year's release by adding support for the Hamming Quasi-Cyclic algorithm, which uses quantum error-correcting codes to resist quantum decryption. But rather than focusing only on algorithm support, Commvault also emphasizes operational integration. Its Risk Analysis tools help organizations identify sensitive data, allowing quantum-resistant encryption to be applied where it's most needed. The crypto-agility framework offered by Commvault allows organizations to shift between cryptographic methods via relatively simple configuration changes, without needing to overhaul their existing environments. This flexibility helps minimize disruptions and lowers the costs associated with adapting to new standards as they emerge. Securing Critical Industries For The Quantum Era Commvault's PQC features should be especially helpful to organizations in healthcare, finance and government as they address compliance needs, ensure continuity and — most importantly — protect data that is held for decades. As touched on above, these industries are especially at risk for deferred decryption attacks, so implementing PQC features now should help address the risk of HNDL exploits later. Besides the benefits already mentioned, this could help organizations using Commvault maintain trust among regulators, customers and partners for the long haul. As data protection standards in these industries become stricter in anticipation of quantum threats, solutions that incorporate quantum-resistant encryption are increasingly necessary. Forward-looking IT organizations are already adopting these technologies. For instance, the Nevada Department of Transportation has adopted Commvault's PQC tools to meet government security requirements and protect sensitive information. The company also cited Peter Hands, CISO of the British Medical Association, who said, 'Commvault's rapid integration of NIST's quantum-resistant standards, particularly HQC, gives us great confidence that our critical information is protected now and well into the future.' The adoption of PQC is accelerating as both technological developments and regulatory requirements create a framework for organizations to address emerging threats from quantum computing. In the United States, for instance, federal agencies have been instructed to integrate post-quantum standards into their procurement and operational practices. Similar regulatory efforts are taking place in the European Union and other jurisdictions, where updates to data protection frameworks increasingly include provisions for quantum-safe encryption. To maintain security and compatibility during the transition, many organizations are implementing hybrid encryption methods that combine traditional and quantum-resistant algorithms. This approach allows for gradual migration to fully quantum-resistant systems while enabling protection against both current and future threats. PQC Challenges And The Push For Wider Adoption Commvault's phased introduction of PQC capabilities is a step forward, but current support is mostly limited to cloud-based customers using particular software versions. This creates a gap for organizations relying on hybrid or on-premises environments, which are still widely used in sensitive sectors like those already mentioned. To address this, Commvault would benefit from providing a clear roadmap for extending PQC support across all deployment models. Such a roadmap should outline which software versions will be supported, specify the technical requirements and offer a realistic timeline for implementation. The broader data protection market is also shifting as major technology providers such as IBM and Microsoft integrate quantum-safe features into their platforms. Other data protection vendors, such as Cohesity, Veeam and Rubrik, are expected to follow suit as industry standards become more established. This means Commvault will likely face growing competition in offering robust PQC solutions. Keeping pace will require not only technical expansion but also practical guidance for customers on how to adopt and apply PQC in various enterprise scenarios. Flexibility and clear communication about available features and best practices will be important for supporting a wide range of customer environments and needs. Aligning Data Security Strategies For A Quantum Future Commvault's early efforts in post-quantum cryptography and crypto-agility demonstrate a commitment to long-term data security. However, maintaining progress will depend on expanding access to PQC features for all customers, providing transparent information about costs and continuing to work closely with regulatory bodies. Quantum computing presents both new risks and opportunities. As traditional encryption methods become more vulnerable, the need for quantum-resistant security will grow. Commvault's PQC features offer a practical way for organizations to protect data that must remain secure for years. By focusing on adaptability, compliance and targeted encryption strategies, Commvault helps customers build stronger defenses for the future. The timeline for quantum decryption could be shorter than many anticipate, making it important for organizations to start preparing now. For enterprises, taking early action is important to avoid exposure and regulatory issues. For vendors, ongoing improvements in accessibility, transparency and alignment with emerging standards will determine long-term success. Simplifying the path to quantum readiness will be a key factor in supporting customers through this transition.
Yahoo
3 days ago
- Business
- Yahoo
Great week for Rogers Communications Inc. (TSE:RCI.B) institutional investors after losing 18% over the previous year
Institutions' substantial holdings in Rogers Communications implies that they have significant influence over the company's share price A total of 9 investors have a majority stake in the company with 51% ownership Insiders have been buying lately This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To get a sense of who is truly in control of Rogers Communications Inc. (TSE:RCI.B), it is important to understand the ownership structure of the business. With 50% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Institutional investors would probably welcome last week's 5.6% increase in the share price after a year of 18% losses as a sign that returns may to begin trending higher. Let's take a closer look to see what the different types of shareholders can tell us about Rogers Communications. See our latest analysis for Rogers Communications Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. We can see that Rogers Communications does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Rogers Communications' historic earnings and revenue below, but keep in mind there's always more to the story. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. We note that hedge funds don't have a meaningful investment in Rogers Communications. Rogers Control Trust is currently the company's largest shareholder with 27% of shares outstanding. With 6.5% and 4.4% of the shares outstanding respectively, Fidelity International Ltd and BMO Asset Management Corp. are the second and third largest shareholders. We also observed that the top 9 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our information suggests that Rogers Communications Inc. insiders own under 1% of the company. However, it's possible that insiders might have an indirect interest through a more complex structure. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own CA$206m worth of shares (at current prices). Arguably recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling. The general public-- including retail investors -- own 21% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Our data indicates that Private Companies hold 28%, of the company's shares. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. It's always worth thinking about the different groups who own shares in a company. But to understand Rogers Communications better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with Rogers Communications , and understanding them should be part of your investment process. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.2% Overvalued View more featured narratives — 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. 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
Reuters
17-06-2025
- Politics
- Reuters
G7 leaders sign joint statements on critical minerals, AI
KANANASKIS, Alberta, June 17 (Reuters) - Group of Seven nations gathered for a summit have agreed six joint statements on subjects such as critical minerals, artificial intelligence and wildfires, host nation Canada said on Tuesday. The other topics they agreed statements on were quantum computing, migrant smuggling and transnational repression. Prime Minister Mark Carney is due to issue a separate chair's statement later.
Yahoo
17-06-2025
- Business
- Yahoo
Honeywell's Dividend Appeal Lies in Future Growth, Not Just Today's Yield
Honeywell International Inc. (NASDAQ:HON) is among the . In recent years, the company has faced setbacks, struggling to translate promising opportunities in automation, the industrial Internet of Things, aerospace, and the energy transition into significant revenue or profit growth. However, the outlook appears more encouraging moving forward. A shot of a commercial plane with a blur of color in the background, representing the production of auxiliary power units in the Safety and Productivity Solutions segment. Honeywell International Inc. (NASDAQ:HON)'s largest division is its aerospace segment, which supplies parts, components, control systems, and integrated solutions to both commercial aviation and the defense sector. Notably, the company also operates a $5 billion quantum computing business. One of Honeywell International Inc. (NASDAQ:HON)'s standout strengths is its solid balance sheet. It has increased its dividend 15 times over the past 14 consecutive years. According to its 2025 proxy statement, the company has strategically deployed $14.6 billion across mergers and acquisitions, capital investments, share buybacks, and dividend payments to strengthen its portfolio and enhance shareholder returns. In addition, the company's strong cash flow provides solid backing for its dividend payments. In the first quarter of 2025, it reported operating cash flow of $600 million and free cash flow of $300 million—a 61% increase from the previous year. Its free cash flow margin of 13% further highlights a positive outlook. Looking ahead to full-year 2025, Honeywell International Inc. (NASDAQ:HON) projects operating cash flow between $6.7 billion and $7.1 billion, with free cash flow expected to range from $5.4 billion to $5.8 billion. The company offers a quarterly dividend of $1.13 per share and has a dividend yield of 2.02%, as of June 14. While we acknowledge the potential of HON as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None.
