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Blogs y opiniones de economia en ingles

Growth Continues for Square

whalewisdom.com - Lun, 08/16/2021 - 15:08

Square, Inc. (SQ) experienced impressive returns over the past year, outperforming the S&P 500. Square’s stock rose by approximately 329.3% since the beginning of 2020, compared to the S&P’s gain of about 38.1%. Despite Square’s upward trajectory, many hedge funds were selling in the first quarter.

Square is a financial technology company that provides financial services and digital payment tools to allow sellers to manage their business better and reach buyers online and in person. Square’s commerce ecosystem and hardware enable sellers to accept card payments through traditional swipes, online payment, or a tap of a card. Square also provides convenient payment methods for buyers. One of them is Cash App, a mobile payment service that allows users in the United States and the United Kingdom to transfer money to peers using a mobile phone application. Additionally, Square seeks to expand the benefits it can provide sellers and consumers by acquiring Afterpay Ltd., a consumer lending company, in the third quarter of the calendar year 2022.

Hedge Funds Are Selling

Despite Square’s impressive growth, hedge funds were actively selling the stock in the first quarter. The aggregate 13F shares held by hedge funds decreased to approximately 111.0 million from 112.3 million, a decline of about 1.2%. Overall, 50 hedge funds created new positions, 103 added to an existing one, 52 exited, and 84 reduced their holdings. Institutions decreased their aggregate holdings by about 2.1% to 285.1 million from 291.1 million. The company also slid on the WhaleWisdom Index to a ranking of twenty-eight from fifteen. However, the 13F metrics show that over the long-term, investors have been acquiring the stock starting in 2015, demonstrating Square’s long-term investment potential.

(WhaleWisdom)

Positive Estimates

Analysts anticipate that revenue will rise over the next two years, predicting $19.2 billion in revenue by the end of 2021 and $21.6 billion by 2022. Year-over-year estimated increases could bring earnings per share to $1.84 by 2021 and $2.29 by the end of 2022.

(WhaleWisdom)

Analysts Share Encouraging Outlooks

Square recently announced a deal to acquire Afterpay. This acquisition is likely to expand Square’s consumer base and improve the level of financial products and services offered to consumers and merchants. Many analysts have responded to the news by raising price targets. Harshita Rawat of Bernstein & Co. LLC. was enthusiastic about the acquisition, calling it “game-changing” and predicting further user growth as an outcome. Barclays Investment Bank analyst Ramsey El-Assal raised the firm’s price target on Square to $345 from $340, keeping an Overweight rating. RBC Capital Markets’ Daniel Perlin raised the firm’s price target on Square to $312 from $305, keeping an Outperform rating. Canaccord Genuity analyst Joseph Vafi also raised the firm’s price target on Square to $310 from $280, maintaining a Buy rating on shares. George Mihalos of Cowen & Co. anticipates great benefits for Square from the Afterpay acquisition and gave an Outperform rating, lifting the firm’s price target to $343 from $266.

Optimism Beyond 2021

Square may have seen a dip in hedge fund activity, but that has not dimmed the light of its investment potential. Square’s upcoming acquisition of Afterpay, and the past year of impressive growth, resulted in many analysts raising price targets. Customer demand for Square’s products and services remains strong, and multi-year earnings estimates should be encouraging to investors.

Seismic Acquires Lessonly, Delivering to Customers the World’s Most Powerful, Comprehensive Sales Enablement Platform

www.valuewalk.com - Lun, 08/16/2021 - 15:00

In conjunction with the acquisition, Seismic closed a $170 million Series G funding round; Seismic now valued at approximately $3 billion

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Q2 2021 hedge fund letters, conferences and more

Seismic Acquires Lessonly

SAN DIEGO (August 16, 2021) — Seismic, the global leader in sales enablement, today announced it has acquired Lessonly, the training, coaching, and enablement solution, to deliver the world’s most powerful and comprehensive sales enablement platform. In conjunction with this acquisition, Seismic also announced the close of its Series G funding round of $170 million, with participation from Permira, JMI Equity, Lightspeed Venture Partners, Jackson Square Ventures, Ameriprise, and funds and accounts advised by T. Rowe Price Associates, Inc. The latest funding brings Seismic’s valuation to $3 billion and will be used to continue expanding Seismic’s platform, R&D, and global footprint.

With the acquisition of Lessonly, the Seismic platform now provides a seamless seller experience where sellers can quickly and easily access sales and marketing content alongside learning programs, practice scenarios, and coaching plans in one central location. This combined solution will play an instrumental role enabling teams to increase productivity, consistently beat quota, and build long-lasting relationships with customers.

“Over the past few years, Lessonly has become a close strategic partner and we have forged strong ties across our teams, complementary capabilities, and joint customers,” said Doug Winter, co-founder and CEO, Seismic. “Together, we are a stronger and smarter sales enablement platform — the only one that gives sales leaders the confidence they’ll hit their numbers, and ensures all sellers are able to engage with customers in the most effective way possible throughout their buyers’ journeys.”

Along with a unified seller experience, leaders can take advantage of the new combined data and analytics capabilities to track lesson usage, analyze training trends, and identify the content leveraged by top performers to close the most deals.

Comment From Lessonly CEO

“We are delighted to join Seismic,” said Max Yoder, CEO, Lessonly, and author of Do Better Work. “During the past decade at Lessonly, we have focused on building a training, coaching, and enablement solution that brings out the very best in people and helps them deliver inspired work. In partnership with Seismic, we look forward to transforming the entire enablement industry. Our respective teams and customers are going to see big gains as a result of this deal, as will the city of Indianapolis.”

More than 1,200 companies rely on Lessonly to deliver meaningful training, coaching and enablement. Lessonly is highly regarded by industry analysts and customers, and was recently named a Leader in several G2 Grid Reports for Summer 2021, including Sales Training and Onboarding, Sales Coaching, Corporate Learning Management Systems, and Course Authoring Software. Since its founding in 2012, the Indianapolis-based company has served nearly four million learners worldwide.

For more information about Seismic’s acquisition of Lessonly, visit Seismic’s Blog.

About Seismic

Seismic is the global leader in enablement, helping make sales teams better by becoming more productive and engaging with buyers in a compelling way. Seismic’s platform provides continuous guidance to improve behavior, content, and skills to win more deals and deliver better experiences. Nearly 2,000 organizations including IBM and American Express have made Seismic their enablement platform of choice. Seismic integrates with business-critical platforms including Microsoft, Salesforce, Google and Adobe. Seismic is headquartered in San Diego, with offices across North America, Europe, and Australia.

To learn more, visit Seismic.com and follow us on LinkedIn, Twitter and Instagram.

About Lessonly

Lessonly is a powerfully simple training, coaching, and enablement solution that helps teams ramp faster, deliver effective feedback, and continuously improve. Lessonly is currently empowering nearly four million learners at more than 1,200 leading companies including Scholastic, Jostens, and U.S. Cellular to share knowledge, develop skills, and reinforce best practices. The results? Higher NPS scores, more deals closed, and a superior customer experience. To learn more about Lessonly, visit www.lessonly.com.

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Pat Dorsey - Dorsey Asset Management

dataroma - Lun, 08/16/2021 - 14:49

Bought: DIS
Added to: WIX SMAR EBAY PYPL UPWK

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