Altaba Inc. operates as a non-diversified, closed-end management investment company in the United States. Its assets consist primarily of equity investments, short-term debt investments, and cash. The company was formerly known as Yahoo! Inc. and changed its name to Altaba Inc. in June 2017. Altaba Inc. was founded in 1994 and is based in New York, New York.
Industry, Sector and Symbol
Industry Computer integrated systems design
Sub-IndustryN/A
SectorFinance
Phone408-349-3300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$5.17 billion
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableOptionable
Altaba (NASDAQ:AABA) Frequently Asked Questions
What is Altaba's stock symbol?
Altaba trades on the NASDAQ under the ticker symbol "AABA."
How will Altaba's stock buyback program work?
Altaba announced that its Board of Directors has authorized a share buyback plan on Monday, July 31st 2017, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.4% of its shares through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its stock is undervalued.
What price target have analysts set for AABA?
5 brokers have issued 1-year price targets for Altaba's shares. Their predictions range from $80.00 to $115.00. On average, they anticipate Altaba's stock price to reach $95.25 in the next twelve months. This suggests a possible upside of 32.8% from the stock's current price. View Analyst Price Targets for Altaba.
What is the consensus analysts' recommendation for Altaba?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altaba in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Altaba.
Has Altaba been receiving favorable news coverage?
News stories about AABA stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Altaba earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.
Are investors shorting Altaba?
Altaba saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 21,216,265 shares, an increase of 9.3% from the January 15th total of 19,409,948 shares. Based on an average daily trading volume, of 7,455,377 shares, the short-interest ratio is currently 2.8 days. Approximately 3.9% of the company's shares are sold short. View Altaba's Current Options Chain.
Who are some of Altaba's key competitors?
Some companies that are related to Altaba include Cerner (CERN), Godaddy (GDDY), Jack Henry & Associates (JKHY), Open Text (OTEX), Leidos (LDOS), Caci International (CACI), Verint Systems (VRNT), Science Applications International (SAIC), Scientific Games (SGMS), NetScout Systems (NTCT), Allscripts Healthcare Solutions (MDRX), Ebix (EBIX), Sykes Enterprises (SYKE), Nextgen Healthcare (NXGN) and Onespan (OSPN).
What other stocks do shareholders of Altaba own?
Who are Altaba's key executives?
Altaba's management team includes the folowing people:
- Mr. Thomas J. McInerney, CEO & Director (Age 55)
- Ms. Alexi A. Wellman, Chief Financial & Accounting Officer (Age 49)
- Mr. Joon Huh, Head of Investor Relation
- Mr. Arthur Chong, Gen. Counsel & Sec. (Age 66)
- Ms. DeAnn Fairfield Work, Chief Compliance Officer (Age 50)
Who are Altaba's major shareholders?
Altaba's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Elliott Management Corp (3.68%), Owl Creek Asset Management L.P. (2.97%), Millennium Management LLC (1.93%), Hsbc Holdings PLC (1.00%), Canada Pension Plan Investment Board (0.87%) and Bank of Nova Scotia (0.41%). Company insiders that own Altaba stock include Alexi Wellman, Lisa Utzschneider, Tci Fund Management Ltd and Tor Braham. View Institutional Ownership Trends for Altaba.
Which major investors are selling Altaba stock?
AABA stock was sold by a variety of institutional investors in the last quarter, including Prudential PLC, Elliott Management Corp, Bank of Nova Scotia, AGF Investments Inc., Bank of New York Mellon Corp, Gates Capital Management Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Coronation Fund Managers Ltd.. View Insider Buying and Selling for Altaba.
Which major investors are buying Altaba stock?
AABA stock was purchased by a variety of institutional investors in the last quarter, including Samlyn Capital LLC, Canada Pension Plan Investment Board, LMR Partners LLP, Syquant Capital Sas, Hsbc Holdings PLC, BlackRock Inc., Kepos Capital LP and Manikay Partners LLC. View Insider Buying and Selling for Altaba.
How do I buy shares of Altaba?
Shares of AABA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Altaba's stock price today?
One share of AABA stock can currently be purchased for approximately $71.72.
How big of a company is Altaba?
Altaba has a market capitalization of $43.22 billion and generates $5.17 billion in revenue each year.
What is Altaba's official website?
How can I contact Altaba?
Altaba's mailing address is 701 FIRST AVENUE, SUNNYVALE CA, 94089. The company can be reached via phone at 408-349-3300 or via email at [email protected]
MarketBeat Community Rating for Altaba (NASDAQ AABA)
MarketBeat's community ratings are surveys of what our community members think about Altaba and other stocks. Vote "Outperform" if you believe AABA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AABA will underperform the S&P 500 over the long term. You may vote once every thirty days.
