Summary: Napa Wealth Management bought a new position in Mastercard during the 4th quarter, with other hedge funds also increasing their stakes in the company. Insiders were also active, with major shareholder Foundation Mastercard selling a significant number of shares. Mastercard's stock performance showed a market cap of $413.33 billion and a recent opening price of $444.63 on Friday. Analysts have set various price targets for the stock.
Full articleSummary: Napa Wealth Management acquired a new position in MetLife, Inc. and several other institutional investors also made changes to their positions. Insider activity includes a significant sale by EVP Bill Pappas. Wall Street analysts have issued a mix of ratings for MetLife, with a consensus target price of $79.08. MetLife has announced a share buyback plan and increased its quarterly dividend.
Full articleSummary: A brand-new neighborhood called RiverSound is being developed on the former Napa Pipe complex, with Napa's first Costco store under construction as well. The residential development includes more than 900 houses, parks, and stores, with Costco set to open in October.
Full articleSummary: Nielsen tracking data shows changes in beverage, energy drink, beer, wine, and spirits sectors with companies like Coca-Cola (KO), PepsiCo (PEP), Celsius Holdings (CELH), Constellation Brands (STZ), Anheuser-Busch (BUD), Boston Beer (SAM), The Duckhorn Portfolio (NAPA), Brown-Forman (BF.A) (BF.B) being mentioned.
Full articleSummary: Nielsen tracking data shows Coca-Cola gaining market share over PepsiCo in beverages, Celsius Holdings showing strong growth in energy drinks, and The Duckhorn Portfolio recording modest sales growth in the wine sector.
Full article