Global Payments (GPN) has been vastly discussed due to its performance. Despite underperforming on specific days, its first quarter results largely exceeded the forecast and delivers strong growth in its fourth quarter and full year 2023 results. Stakeholders have displayed mixed movements with high-profile entities such as HighPoint Advisor Group LLC, the Mather Group LLC, and Gamma Investing LLC purchasing shares; while American International Group, Fisher Asset Management LLC, and B.Riley Wealth Advisors have trimmed their holdings. There have been incidents of share transactions amongst company executives, and the legality of these actions has sparked an investigation. There has also been a price target reduction by TD Cowen due to unspecified controversy. Despite this, GPN remains desirable to Value Investors with some speculating on its undervaluation and a consistent broker rating of 'Moderate Buy'. GPN's exploration into strategic opportunities led to rumors of a planned acquisition of Shift4; however, this was later denied. Lastly, GPN has reportedly sought to sell its AdvancedMD for a suggested $3 billion.
Global Payments GPN News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 23 Jun 2024 09:25:04 GMT -
Rating 2
- Innovation 4
- Information 5
- Rumor 2
