Nordea reiterates Buy on Wallenius Wilhelmsen – price target of NOK 200
Nordea reiterates its Buy rating and price target of NOK 200 for the Norwegian logistics and shipping company Wallenius Wilhelmsen after a stable third-quarter report, according to a recent analysis. The company is expected to reach its full-year target of adjusted EBITDA of approximately USD 1.6 billion. Nordea sees increased support for freight rates from […]
Holdings: Two major shareholders in Hexatronic sold shares in October
Fiber communications company Hexatronic’s share has surged this year, but two of the company’s major shareholders sold shares worth around SEK 72 million in October. This is shown by the latest update of ownership data from the Holdings ownership service, as reported by EFN. Jonas Nordlund, who is the second-largest shareholder and sits on the […]
Novo Nordisk research chief sells shares worth 3.4 million Danish kroner
Martin Holst Lange, research chief and CSO at Danish pharmaceutical company Novo Nordisk, sold 12,000 shares in the company on 4 November. The shares were sold at a price of 285 Danish kroner per share, a transaction worth 3.42 million Danish kroner. The transaction was carried out on Nasdaq Copenhagen, according to a disclosure notification.
Evli executive sells shares for EUR 36,000
Kim Pessala, an executive at Finnish asset manager Evli, sold a total of 1,630 shares in the company on 3 and 4 November. The shares were sold at an average price of EUR 22.11 per share. The total transaction value amounts to EUR 36,000. The transactions were carried out on several trading venues, including Nasdaq […]
Ampfield Management reduces its ownership stake in Momentum Group
Ampfield Management reduces its ownership stake in the industrial company Momentum Group below the 5 percent disclosure threshold. As of November 4, its holding amounts to 4.89 percent of the share capital and 4.45 percent of the votes, according to a flagging notification.
Nordea repeats Buy rating on Sampo – price target EUR 11.20
Nordea repeats its Buy rating on the insurance company Sampo with a price target of EUR 11.20, according to a recent analysis. The bank believes that the company’s high quality is not reflected in its valuation. According to Nordea, the subsidiary If has the highest quality of earnings in insurance among Nordic-listed insurance companies, while […]
Nordea repeats Hold rating on Marimekko – price target EUR 10.60
Nordea repeats its Hold rating on Finnish design and lifestyle company Marimekko with a price target of EUR 10.60, according to a recent analysis. Sales outside Finland increased by 16 percent in the third quarter, while the domestic market declined by 9 percent and full-year outlook was lowered. Nordea sees increasingly strong international expansion and […]
Image Systems CEO Jan Molin makes a small share purchase
On 5 November, Jan Molin purchased 100,000 shares in technology company Image Systems, where he is a board member. The shares were purchased at a price of 56 öre per share, a transaction worth SEK 56,000. This is shown in the Swedish Financial Supervisory Authority’s insider register. Molin subsequently owns 1.00 million shares in Image […]
Nordea repeats Buy rating for Link Mobility – target price NOK 35
Nordea repeats its Buy rating for communications technology company Link Mobility with an unchanged target price of NOK 35, according to a recent analysis. The bank highlights returning organic growth, a shift toward more profitable services and strong cash flows enabling continued acquisitions and increased shareholder distributions. The stock is valued at approximately 9 times […]
Sharp falls on Wall Street, Nasdaq Composite down 3.1 percent
US stock exchanges opened sharply lower on Thursday, led by the technology sector. The outcome of the midterm elections continues to drive developments. The broad S&P 500 index was down 1.7 percent at 16.02 to 7 556.12. The technology-heavy Nasdaq Composite fell 3.1 percent to 24 936.40. By sector, energy is performing best, up 1.63 […]
