Australia's Queensland Sees Strong Demand for Debut Euro Bond
Australia's Queensland state garnered strong demand for its first-ever benchmark euro bond issuance as it turns offshore to broaden the investor base.
Queensland Treasury Corp. sold €1.25 billion ($1.4 billion) worth of debt maturing in May 2035 on Tuesday after receiving more than seven times worth of orders for the deal, according to terms seen by Bloomberg.
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Yahoo
an hour ago
- Yahoo
PowerFleet, Inc. (NASDAQ:AIOT) is a favorite amongst institutional investors who own 81%
Institutions' substantial holdings in PowerFleet implies that they have significant influence over the company's share price The top 15 shareholders own 50% of the company Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. A look at the shareholders of PowerFleet, Inc. (NASDAQ:AIOT) can tell us which group is most powerful. With 81% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk). Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's take a closer look to see what the different types of shareholders can tell us about PowerFleet. View our latest analysis for PowerFleet Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. PowerFleet already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of PowerFleet, (below). Of course, keep in mind that there are other factors to consider, too. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. We note that hedge funds don't have a meaningful investment in PowerFleet. Disciplined Growth Investors, Inc. is currently the company's largest shareholder with 6.1% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 6.0% of common stock, and Private Capital Management, LLC holds about 5.1% of the company stock. Additionally, the company's CEO Steve Towe directly holds 1.8% of the total shares outstanding. After doing some more digging, we found that the top 15 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. We can report that insiders do own shares in PowerFleet, Inc.. It has a market capitalization of just US$628m, and insiders have US$46m worth of shares, in their own names. Some would say this shows alignment of interests between shareholders and the board. But it might be worth checking if those insiders have been selling. With a 12% ownership, the general public, mostly comprising of individual investors, have some degree of sway over PowerFleet. 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. Case in point: We've spotted 2 warning signs for PowerFleet you should be aware of, and 1 of them shouldn't be ignored. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. 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.
TechCrunch
an hour ago
- TechCrunch
The investor experience at TechCrunch All Stage: One floor, infinite deal flow
TechCrunch All Stage isn't a waiting room for warm intros — it's a floor full of founders, ideas, and breakout potential. For VCs, it's a rare chance to skip the filters and meet the future of tech in one place, on one day, with no layers between you and the next standout story. Whether you're deploying early-stage capital, leading a Series B, or mentoring emerging fund managers, TechCrunch All Stage offers you more than access — it offers acceleration. And you can get both July 15 at Boston's SoWa Power Station, with the added bonus of a $210 discount if you snag a ticket now. Skip the decks, get the founders All day long, TechCrunch All Stage puts you in the mix. Not behind a booth. Not stuck on a panel. But shoulder to shoulder with the people building. You'll meet technical founders hashing out product strategy at a roundtable, first-time CEOs refining their pitch over lunch, and scrappy teams who just need the right capital partner to get to the next milestone. And it's not just about sourcing. It's about connection. TechCrunch All Stage makes space for real conversations — the kind that help you understand not just the startup, but the founder behind it. Offer feedback, build your platform, and find who's next Investors aren't just observing at TechCrunch All Stage — they're contributing. Maybe you're offering candid advice during a breakout on fundraising in a tougher market. Maybe you're learning from the feedback at the 'So You Think You Can Pitch' session. Or maybe you're mentoring a rising founder between sessions. However you show up, you're helping shape the ecosystem — and strengthening your presence in it. Want to grow your platform? You'll do that here. The founders you advise today could be the ones who bring you into their next round — or introduce you to the startup that becomes your next win. From side-stage chats to Side Events that matter TechCrunch All Stage is more than panels and pitches. We also have Side Events hosted across Boston — where you'll rub elbows with other VCs, compare notes with operators, and dive deeper into sectors you care about. Whether it's a venture happy hour, an LP meet-up, or a founder-led dinner, these are the conversations that go long after the mics are off. Techcrunch event Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Save $200+ on your TechCrunch All Stage pass Build smarter. Scale faster. Connect deeper. Join visionaries from Precursor Ventures, NEA, Index Ventures, Underscore VC, and beyond for a day packed with strategies, workshops, and meaningful connections. Boston, MA | REGISTER NOW This event is structured to deliver value whether you're walking the floor for deal flow, scouting for underrepresented founders, exploring new verticals, or simply keeping a pulse on where tech is heading next. If you invest in early-stage innovation, TechCrunch All Stage is built for you. Join us in Boston on July 15. And heads-up — early-bird pricing ends June 22. Save up to $210 by booking now.
Yahoo
an hour ago
- Yahoo
Interface, Inc.'s (NASDAQ:TILE) Stock Been Rising: Are Strong Financials Guiding The Market?
Interface's (NASDAQ:TILE) stock up by 4.4% over the past three months. Since the market usually pay for a company's long-term financial health, we decided to study the company's fundamentals to see if they could be influencing the market. Particularly, we will be paying attention to Interface's ROE today. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Interface is: 17% = US$86m ÷ US$513m (Based on the trailing twelve months to March 2025). The 'return' is the yearly profit. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.17 in profit. View our latest analysis for Interface So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. To start with, Interface's ROE looks acceptable. On comparing with the average industry ROE of 13% the company's ROE looks pretty remarkable. This probably laid the ground for Interface's significant 44% net income growth seen over the past five years. We reckon that there could also be other factors at play here. Such as - high earnings retention or an efficient management in place. Next, on comparing with the industry net income growth, we found that Interface's growth is quite high when compared to the industry average growth of 13% in the same period, which is great to see. Earnings growth is a huge factor in stock valuation. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). This then helps them determine if the stock is placed for a bright or bleak future. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Interface is trading on a high P/E or a low P/E, relative to its industry. Interface has a really low three-year median payout ratio of 3.9%, meaning that it has the remaining 96% left over to reinvest into its business. This suggests that the management is reinvesting most of the profits to grow the business as evidenced by the growth seen by the company. Moreover, Interface is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years. Looking at the current analyst consensus data, we can see that the company's future payout ratio is expected to rise to 5.4% over the next three years. On the whole, we feel that Interface's performance has been quite good. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. 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 while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
