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TPG Inc. (NASDAQ:TPG – Get Free Report) has earned an average recommendation of “Hold” from the thirteen brokerages that are covering the company, Marketbeat.com reports. Nine analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokers that have issued […]
Private equity firm Advent International is considering selling CCC Intelligent Solutions Holdings Inc, a software provider to the car insurance industry, which has a market value of $7.1 billion. CCC is being advised by Morgan Stanley in its discussions with potential buyers, including other private equity firms. There is no certainty of a deal. Advent, which owns a 56% stake in CCC, declined to comment. CCC shares rose 8.6% to $12.50 in after-hours trading on the news. CCC, founded in 1980, supplies software to automotive claims and collision repair companies.
TPG Inc. (NASDAQ:TPG – Get Free Report) announced a quarterly dividend on Tuesday, August 8th, Zacks reports. Shareholders of record on Friday, August 18th will be given a dividend of 0.22 per share on Friday, September 1st. This represents a $0.88 annualized dividend and a yield of 3.23%. The ex-dividend date of this dividend is […]
The lender group also reportedly includes Barings, KKR, Macquarie Group, Nomura Holdings, Partners Group, and Pierfront Capital.
Shares of New Relic Inc. shot up 12.8% in premarket trading Monday, after the “observability” platform for software engineers announced a deal to be acquired...