GTES Gates Industrial Corporation plc

Paradice Investment Management LLC significantly reduced its stake in Gates Industrial Corporation PLC ($GTES) by 28.2% in the third quarter, now holding 1,194,919 shares valued at $29.66 million. Concurrently, CFO Lawrence B. Mallard sold a portion of his holdings, decreasing his ownership by 11.1%. The stock currently has a "Moderate Buy" rating from analysts with a consensus price target of $27.18.

Exchange Traded Concepts LLC has acquired 180,165 shares of Gates Industrial Corporation PLC, totaling approximately $4.47 million and representing 0.07% of the company. Other institutional investors, such as Voya Investment Management LLC, also significantly increased their stakes. Gates Industrial (NYSE: GTES) has a "Moderate Buy" average analyst rating with an average price target of $27.18, despite some firms trimming their targets.

Gates Industrial Corporation Plc (NYSE:GTES) is currently trading at a potential 24% discount, with its intrinsic value estimated to be US$28.85 against a current share price of US$22.02. This valuation is derived using a 2-stage Discounted Cash Flow (DCF) model. The analysis suggests that while the company shows strong earnings growth and a solid balance sheet, investors should also consider risks and overall market sentiment.

Confluence Investment Management LLC significantly reduced its stake in Gates Industrial Corporation PLC (NYSE:GTES) by selling 852,207 shares, leaving it with 130,719 shares valued at approximately $3.24 million. This move occurred in Q3, while other institutional investors increased their holdings. Gates Industrial also saw insider selling from CFO Lawrence B. Mallard, who offloaded 22,188 shares.

Gates Industrial's President exercised stock options for 34,685 shares at $6.56, signaling management confidence despite recent share price volatility. The company is seen as 22.8% undervalued with a fair value of $28.01, driven by R&D and innovation in chain-to-belt conversion. Investors are encouraged to assess whether GTES is an undervalued compounder or if its growth is already priced in.

Voya Investment Management LLC significantly increased its stake in Gates Industrial Corporation PLC ($GTES) during Q3, boosting its holdings by 751.7% to over 1.1 million shares. Meanwhile, the company's CFO, Lawrence B. Mallard, sold a portion of his shares, reducing his position by 11.1%. Analysts currently