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
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 has authorized a share repurchase program on Monday, July 31st 2017, which authorizes the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 8.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its shares are undervalued.
What price target have analysts set for AABA?
6 analysts have issued twelve-month target prices for Altaba's shares. Their forecasts range from $80.00 to $115.00. On average, they expect Altaba's share price to reach $95.80 in the next year. This suggests a possible upside of 48.2% from the stock's current price. View Analyst Price Targets for Altaba.
What is the consensus analysts' recommendation for Altaba?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Altaba in the last year. There are currently 2 hold ratings and 4 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 headlines about AABA stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Altaba earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days.
Are investors shorting Altaba?
Altaba saw a decrease in short interest in the month of December. As of December 14th, there was short interest totalling 17,639,187 shares, a decrease of 37.3% from the November 30th total of 28,117,996 shares. Based on an average daily volume of 8,171,005 shares, the days-to-cover ratio is currently 2.2 days. Currently, 3.3% of the company's stock 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), Allscripts Healthcare Solutions (MDRX), NetScout Systems (NTCT), Ebix (EBIX), Sykes Enterprises (SYKE), Nextgen Healthcare (NXGN) and Unisys (UIS).
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 a number of of retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.05%), Nisa Investment Advisors LLC (0.02%), Virtu Financial LLC (0.01%), Steward Partners Investment Advisory LLC (0.00%), Truewealth LLC (0.00%) and Watermark Asset Management Inc. (0.00%). 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 Nisa Investment Advisors LLC and Steward Partners Investment Advisory LLC. Company insiders that have sold Altaba company stock in the last year include Alexi Wellman and Tci Fund Management 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 Virtu Financial LLC, Douglas Lane & Associates LLC, Truewealth LLC, Watermark Asset Management Inc. and First Command Bank. 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 $64.64.
How big of a company is Altaba?
Altaba has a market capitalization of $38.77 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.
