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Penguin Solutions Announces Third Quarter Fiscal 2025 Financial Conference Call

Penguin Solutions Announces Third Quarter Fiscal 2025 Financial Conference Call

Business Wire2 days ago

MILPITAS, Calif.--(BUSINESS WIRE)-- Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its third quarter fiscal year 2025 earnings after market close on Tuesday, July 8, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call.
Webcast Information: To access the live webcast: PENG Q3 FY25 Earnings Call Webcast.
Conference Call Information: Participants may also listen to the conference call by dialing:
+1-833-470-1428 (domestic) or +1-404-975-4839 (international), using the access code 305335.
Replay Information: An archived version of the webcast will be available on the Penguin Solutions investor relations website for one year after the webcast date at https://ir.penguinsolutions.com. In addition, an audio replay of the call will be accessible for one week after the conference call by dialing +1-866-813-9403 (domestic) or +44 204 525 0658 (international), using the access code 979651.
About Penguin Solutions
The most exciting technological advancements are also the most challenging for companies to adopt. At Penguin Solutions, we support our customers in achieving their ambitions across our Advanced Computing, Integrated Memory, and Optimized LED business segments. With our expert skills, experience, and partnerships, we turn our customers' most complex challenges into compelling opportunities.
For more information, visit https://www.penguinsolutions.com.

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Redfin Reports U.S. Home Prices Hit All-Time High
Redfin Reports U.S. Home Prices Hit All-Time High

Yahoo

time20 minutes ago

  • Yahoo

Redfin Reports U.S. Home Prices Hit All-Time High

While the median home-sale price is sitting at a record high, it's notably lower than the median asking price. That's because sellers are open to negotiating in today's cooling housing market, in which sellers outnumber buyers. SEATTLE, June 20, 2025--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. home-sale price hit a record $396,500 during the four weeks ending June 15, up 1% year over year, according to a new report from Redfin ( the technology-powered real estate brokerage. Prices are at an all-time high even though this spring's housing market is fairly cool because prices don't yet fully reflect the historic imbalance of sellers and buyers in today's market. Note that sale prices are seasonal and typically peak in June or July, and that price growth is cooling: The 1% year-over-year increase is in line with the last several weeks, but down from about 5% at the start of the year. While the median sale price is at an all-time high, it's roughly $26,000 lower than the median asking price of $422,238. That 6% discount is similar to that of the last several weeks, but marks a reversal from 2021 and 2022, when the median sale price was typically much higher than the median list price because the market favored sellers. Homes are selling for under asking price because there are many more sellers than buyers in today's market. That gives buyers the upper hand and often allows them to negotiate prices down, though it's still difficult for many people to afford homes because costs are so high. New listings of homes for sale are up 4.4% year over year, and total listings are up 14.5%. Meanwhile, pending sales are down 1.5% year over year, and mortgage-purchase applications are down 3% week over week. Homebuying demand has been fairly weak this spring due to widespread economic uncertainty and high housing costs. In addition to sale prices sitting at an all-time high, the median monthly housing payment is just $53 shy of its own all-time high. "I'm explaining to sellers more and more that we need to be strategic in our pricing strategy because homes that are overpriced, even slightly, are likely to sit on the market and invite buyers to negotiate," said Kelly Connally, a Redfin Premier agent in Tulsa, OK. "Pricing is most important, but with fewer buyers than usual out there, sellers should also make sure their home is in excellent condition and be ready to make repairs upon inspection. There are a few exceptions: Homes in desirable locations that are in perfect condition are still hot and typically sell at or above asking price." The mismatch between supply and demand is likely to lead to a nationwide decline in home-sale prices by the end of the year. For Redfin economists' takes on the housing market, please visit Redfin's "From Our Economists" page. Leading indicators Indicators of homebuying demand and activity Value (if applicable) Recent change Year-over-year change Source Daily average 30-year fixed mortgage rate 6.87% (June 18) Down slightly from 6.93% one week earlier Down from 7.04% Mortgage News Daily Weekly average 30-year fixed mortgage rate 6.81% (week ending June 18) Down from 6.89% three weeks earlier, but still near the highest level since Feb. 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Four weeks ending June 15, 2025 Year-over-year change Notes Median sale price $396,500 1% All-time high Median asking price $422,238 5% Median monthly mortgage payment $2,820 at a 6.81% mortgage rate 4.5% Down $53 from May's record high Pending sales 87,397 -1.5% New listings 102,784 4.4% Active listings 1,160,350 14.5% Smallest increase in 15 months Months of supply 4 +0.7 pts. 4 to 5 months of supply is considered balanced, with a lower number indicating seller's market conditions Share of homes off market in two weeks 37.2% Down from 41% Median days on market 36 +5 days Share of homes sold above list price 28.6% Down from 32% Average sale-to-list price ratio 99.1% Down from 99.6% Metro-level highlights: Four weeks ending June 15, 2025 Redfin's metro-level data includes the 50 most populous U.S. metros. Select metros may be excluded from time to time to ensure data accuracy. 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View source version on Contacts Contact RedfinRedfin Journalist Services:Tana Kelleypress@ Sign in to access your portfolio

Liberty Broadband Corporation Announces Record Date and Distribution Date for Spin-Off of GCI Liberty, Inc.
Liberty Broadband Corporation Announces Record Date and Distribution Date for Spin-Off of GCI Liberty, Inc.

Business Wire

time26 minutes ago

  • Business Wire

Liberty Broadband Corporation Announces Record Date and Distribution Date for Spin-Off of GCI Liberty, Inc.

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Broadband Corporation ('Liberty Broadband') (Nasdaq: LBRDA, LBRDK, LBRDP) announced today that, in connection with the upcoming spin-off (the 'Spin-Off') of its wholly owned subsidiary, GCI Liberty, Inc. ('GCI Liberty'), its Board of Directors has declared a record date of 5:00 p.m., New York City time, on June 30, 2025 (such date and time, the 'Record Date') for the distribution (the 'Distribution') of the GCI Group common stock (as defined below) and set a distribution date of 4:30 p.m., New York City time, on July 14, 2025 for the completion of the Spin-Off (such date and time, as amended, the 'Distribution Date'). 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With 59% institutional ownership, eHealth, Inc. (NASDAQ:EHTH) is a favorite amongst the big guns
With 59% institutional ownership, eHealth, Inc. (NASDAQ:EHTH) is a favorite amongst the big guns

Yahoo

time33 minutes ago

  • Yahoo

With 59% institutional ownership, eHealth, Inc. (NASDAQ:EHTH) is a favorite amongst the big guns

Institutions' substantial holdings in eHealth implies that they have significant influence over the company's share price The top 17 shareholders own 51% of the company Insiders have been buying lately 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. Every investor in eHealth, Inc. (NASDAQ:EHTH) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 59% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future. In the chart below, we zoom in on the different ownership groups of eHealth. Check out our latest analysis for eHealth 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. We can see that eHealth 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. 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 eHealth, (below). Of course, keep in mind that there are other factors to consider, too. Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. It looks like hedge funds own 14% of eHealth shares. That worth noting, since hedge funds are often quite active investors, who may try to influence management. Many want to see value creation (and a higher share price) in the short term or medium term. Our data shows that 8 Knots Management, LLC is the largest shareholder with 8.1% of shares outstanding. For context, the second largest shareholder holds about 5.6% of the shares outstanding, followed by an ownership of 4.4% by the third-largest shareholder. In addition, we found that Francis Soistman, the CEO has 2.3% of the shares allocated to their name. After doing some more digging, we found that the top 17 have the combined ownership of 51% 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. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. 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. 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. We can report that insiders do own shares in eHealth, Inc.. As individuals, the insiders collectively own US$7.4m worth of the US$123m company. It is good to see some investment by insiders, but we usually like to see higher insider holdings. It might be worth checking if those insiders have been buying. With a 21% ownership, the general public, mostly comprising of individual investors, have some degree of sway over eHealth. 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. It's always worth thinking about the different groups who own shares in a company. But to understand eHealth better, we need to consider many other factors. Take risks for example - eHealth has 2 warning signs we think you should be aware of. 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. 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