Enters Asset Purchase Agreement with Existing Lenders Commences Voluntary Chapter 11 Cases to Facilitate Efficient Sale; Expects to Complete Process in the Fourth Quarter of 2024 Secures Commitment of Approximately $122 Million in Debtor-in-Possession Financing Continues to Serve Customers as Usual with Leading Technology-Enabled Digital Performance Advertising Solutions CLEARWATER, Fla., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Digital Media Solutions, Inc., (“DMS” or the “Company”), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced it has entered into an asset purchase agreement (the “APA”) with existing lenders (the “Lenders”), including a consortium of leading financial institutions.

Thu, Sep. 12, 2024

CLEARWATER, Fla., July 25, 2024 (GLOBE NEWSWIRE) -- Digital Media Solutions, Inc., (DMS), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, is proud to share that Matt Goodman, Co-Founder & Chief Information Officer, has been named a 2024 Tampa Titan 100 honoree . This prestigious accolade recognizes Goodman as one of Tampa's top C-level executives, celebrating his exceptional leadership, vision, passion and influence in the digital advertising industry.

Thu, Jul. 25, 2024

Panagora Asset Management Inc. grew its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 5.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,689 shares of the specialty retailer’s stock after acquiring an additional 2,271 shares during the quarter. Panagora Asset Management Inc.’s holdings in Alibaba Group were worth $3,309,000 at the end of the most recent quarter. Other institutional investors also recently modified their holdings of the company. Savant Capital LLC raised its holdings in shares of Alibaba Group by 2.7% during the 3rd quarter. Savant Capital LLC now owns 4,756 shares of the specialty retailer’s stock valued at $413,000 after buying an additional 127 shares in the last quarter. Johnson Investment Counsel Inc. lifted its stake in Alibaba Group by 2.1% in the third quarter. Johnson Investment Counsel Inc. now owns 6,727 shares of the specialty retailer’s stock worth $584,000 after purchasing an additional 136 shares during the last quarter. Clearstead Advisors LLC boosted its position in Alibaba Group by 32.9% during the third quarter. Clearstead Advisors LLC now owns 573 shares of the specialty retailer’s stock valued at $50,000 after buying an additional 142 shares during the period. Hexagon Capital Partners LLC grew its stake in shares of Alibaba Group by 2.5% during the fourth quarter. Hexagon Capital Partners LLC now owns 6,664 shares of the specialty retailer’s stock valued at $517,000 after buying an additional 164 shares during the last quarter. Finally, Independent Wealth Network Inc. increased its holdings in shares of Alibaba Group by 5.1% in the fourth quarter. Independent Wealth Network Inc. now owns 3,477 shares of the specialty retailer’s stock worth $270,000 after buying an additional 169 shares during the period. 13.47% of the stock is currently owned by institutional investors. Alibaba Group Trading Up 2.1 % Shares of NYSE BABA opened at $88.54 on Monday. The firm’s 50 day moving average price is $75.03 and its 200-day moving average price is $75.11. Alibaba Group Holding Limited has a 52-week low of $66.63 and a 52-week high of $102.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.80 and a current ratio of 1.79. The company has a market cap of $224.67 billion, a PE ratio of 20.64 and a beta of 0.44. Alibaba Group Announces Dividend The firm also recently announced a None dividend, which will be paid on Friday, July 12th. Shareholders of record on Thursday, June 13th will be issued a $1.66 dividend. This represents a dividend yield of 3%. The ex-dividend date of this dividend is Thursday, June 13th. Alibaba Group’s payout ratio is 22.84%. Analysts Set New Price Targets A number of brokerages have commented on BABA. Barclays decreased their price target on Alibaba Group from $109.00 to $107.00 and set an “overweight” rating on the stock in a research note on Thursday. Benchmark reaffirmed a “buy” rating and set a $118.00 price objective on shares of Alibaba Group in a research note on Wednesday, May 15th. Macquarie downgraded Alibaba Group from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $88.50 to $85.40 in a report on Thursday, February 8th. Bank of America boosted their price objective on shares of Alibaba Group from $99.00 to $103.00 and gave the company a “buy” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. dropped their target price on shares of Alibaba Group from $105.00 to $100.00 and set an “overweight” rating for the company in a research report on Tuesday, April 9th. Three research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $109.96. Get Our Latest Research Report on BABA About Alibaba Group (Free Report) Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others. See Also Five stocks we like better than Alibaba Group What is a Stock Market Index and How Do You Use Them? Canada Goose Flies Higher Driven By DTC Growth 3 Best Fintech Stocks for a Portfolio Boost CVS Health Stock Has a Silver Lining Called Value ESG Stocks, What Investors Should Know Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding BABA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alibaba Group Holding Limited (NYSE:BABA – Free Report).

Mon, May. 20, 2024

CLEARWATER, Fla., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Digital Media Solutions, Inc. (NYSE: DMS) (“DMS” or the “Company”) today announced that it will be delisted from the New York Stock Exchange (the “NYSE”). The Company's delisting follows the NYSE's determination under Rule 802.01B of the NYSE Listed Company Manual that the Company did not meet the NYSE's continued listing standard that requires listed companies to maintain an average global market capitalization of at least $15 million over a period of 30 consecutive trading days.

Mon, Sep. 25, 2023

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A common stock of Digital Media Solutions, Inc. (the “Company”) — ticker symbol DMS — from the NYSE. Trading in the Company's Class A common stock will be suspended immediately. NYSE Regulation reached its decision to delist the Company's Class A common stock pursuant to Section 802.01B of the NYSE's Listed C.

Mon, Sep. 25, 2023