Welcome back to the BBAE Blog, your trusted source for the latest investment insights and analyses from the BBAE team. This week, we’re excited to share some highlights that will keep you informed and ahead of the market. Don’t forget, some of our most valuable insights are available exclusively in the BBAE Pro app—download it now to unlock full access!
- Firefly Aerospace ($FLY) IPO: Everything You Need to Know
- Wedgewood Partners: Zoetis ($ZTS) Investment Case
- Insider Purchases Continue at $NEGG
- Trending Tickers: $TSLA Chip Deal, $WRD Gets Saudi Permit, $COIN $JPM Team Up
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Firefly Aerospace ($FLY) IPO: Everything You Need to Know
Firefly Aerospace ($FLY), a Texas-based space and defense technology company, is preparing to go public. Founded in 2017, Firefly offers vertically integrated launch services and spacecraft solutions for government and commercial clients, with its Alpha rocket and Blue Ghost lunar lander already demonstrating milestone missions. Despite generating $60.8 million in revenue in 2024, the company remains unprofitable as it invests heavily in R&D and infrastructure to scale its operations. A growing $1.1 billion contract backlog, upcoming lunar missions, and the development of Eclipse—a medium-lift, reusable rocket built with Northrop Grumman—signal ambitious expansion plans aimed at capturing a larger share of the space transportation market. Click to read the full article and see what retail investors should know before the $FLY IPO.
Wedgewood Partners: Zoetis ($ZTS) Investment Case
Wedgewood Partners introduces a new position in Zoetis ($ZTS), the global leader in animal healthcare, exemplifying their disciplined approach of buying high-quality companies during periods of market disinterest. After years of monitoring the industry during the COVID-19 pet stock mania, Wedgewood found their entry point as Zoetis fell to 10-year valuation lows despite strong fundamentals and intact secular growth drivers. The investment case centers on expanding pet healthcare markets—driven by increasing ownership, pet personification, and longer lifespans requiring advanced care—plus livestock growth from rising global protein demand. With EBITDA margins improving from 33.6% to 42.0% and ROIC reaching 21.3%, Zoetis represents Wedgewood’s philosophy of capitalizing on temporary market sentiment shifts in fundamentally strong businesses. Read the full article here.
Insider Purchases Continue at $NEGG
Insider buying momentum continues at Newegg Commerce ($NEGG) as the Galkin family recently acquired an additional 138,757 shares at $42.33 each, totaling $5.87 million. This move builds on a series of sizable purchases by Vladimir and Angelica Galkin—10% owners—who have bought hundreds of thousands of $NEGG shares in multiple transactions throughout July, with prices spanning from approximately $18 to over $42 per share. These persistent insider acquisitions have coincided with a remarkable rally in $NEGG’s stock price, which climbed from around $10 at the start of July to more than $60 by the end of the month, highlighting increased confidence and optimism from major stakeholders. You can track insider activity like this daily with InsiderEdge, available in the BBAE app.
Trending Tickers: $TSLA Chip Deal, $WRD Gets Saudi Permit, $COIN $JPM Team Up
This week, several companies made headlines with developments. Here’s a breakdown:
- Tesla ($TSLA): Tesla announced a partnership with Samsung to produce its next-generation AI6 chip at Samsung’s new semiconductor facility in Texas. The collaboration aims to boost efficiency in chip manufacturing, with Elon Musk personally overseeing operations to accelerate production for Tesla’s autonomous driving technology.
- WeRide ($WRD): WeRide secured Saudi Arabia’s first Robotaxi permit, enabling nationwide operations and planned pilot programs in Riyadh in partnership with Uber and Ai Driver. The company now holds autonomous driving permits across six countries.
- Coinbase ($COIN) and JPMorgan ($JPM): The two companies unveiled a strategic partnership aimed at simplifying crypto access for Chase customers. Planned features include direct bank-to-wallet links, the ability to convert credit card reward points to crypto, and new payment options via Chase credit cards.
Read the full Weekly Highlights article here.
This article is for informational purposes only and is neither investment advice nor a solicitation to buy or sell securities. All investment involves inherent risks, including the total loss of principal, and past performance is not a guarantee of future results. Always conduct thorough research or consult with a financial expert before making any investment decisions. BBAE has no position in any investment mentioned.
