Elevation Point Wealth Partners LLC recently offloaded 34,382 shares of
Paramount Global.
Omnicom and Paramount Global were the most shorted S&P 500 communications stocks in May, while
Alphabet was the least.
SG Americas Securities LLC now has a position in Paramount Global worth $17.08 million. Despite the stock price dropping by 3.19% on June 12, analysts are wondering how the stock will react to its forthcoming earnings.
Alpha Omega Wealth Management LLC has also taken a $350,000 stake in Paramount Global as it surges in Q1.
Wellington Management Group LLP and the
Royal Bank of Canada, among others, also bought shares of Paramount, despite others selling large volumes including
Neo Ivy Capital Management. Paramount Global is planning a $0.05 quarterly dividend and displays promising long-term value potential. Meanwhile, its communications services performance and financial outlook continue to garner attention. The risks and rewards of the potential Paramount-Skydance merger are being closely watched. Finally, Wall Street analysts continue to debate the future trajectory for Paramount Global, and Citigroup has issued a neutral rating on the stock.
Paramount Global Stocks News Analytics from Mon, 11 Nov 2024 08:00:00 GMT to Sat, 14 Jun 2025 10:01:00 GMT -
Rating -1
- Innovation 5
- Information 7
- Rumor 1
