Forgent ($FPS) IPO, $MU Insider Sale, $SGML Business Update, and More
Welcome back to the BBAE Blog, your trusted source for the latest investment insights and analyses from the BBAE team. This week, we’re excited to share some highlights that will keep you informed and ahead of the market. Don’t forget, some of our most valuable insights are available exclusively in the BBAE Pro app—download it now to unlock full access!
- Forgent ($FPS) IPO: The Infrastructure Company Behind Data Center Power
- Micron ($MU) EVP Sale After a Sharp Run
- Trending Tickers: $SGML Business Update, $CRWV–NVIDIA Deal, $USAR Funding LOI
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Forgent ($FPS) IPO: The Infrastructure Company Behind Data Center Power
Forgent Power Solutions is preparing to go public at a time when data center construction, grid upgrades, and industrial electrification are driving massive demand for power infrastructure. The company is growing quickly, posting 56% revenue growth in FY2025, an expanding profit profile, and a $1 billion-plus backlog, while positioning itself as a behind-the-scenes supplier to some of the most power-hungry projects in the economy. In this article, we break down how Forgent makes money, where its growth is coming from, what stands out in its financials, and the key risks retail investors should consider ahead of the $FPS IPO. Click here to read full article.
Micron ($MU) EVP Sale After a Sharp Run
Manish Bhatia, EVP, Global Operations at Micron Technology, Inc. ($MU), sold 26,623 shares at an average price of $391.04, for a total value of about $10.41 million, reducing his disclosed stake by 7.60% in what stands as his largest sale on record out of 13. Micron designs and manufactures memory and storage products used across data centers, PCs, smartphones, and AI infrastructure, and its shares had gained 35.99% in the month leading up to the transaction as investors reacted to tightening memory supply and improving pricing conditions. With two insiders recording two total sales over the past 30 days, the move raises the question of whether this reflects routine profit taking after a strong rally or an early sign that near-term upside may be moderating. You can track insider activity like this daily with InsiderEdge, available in the BBAE app.
Trending Tickers: $SGML Business Update, $CRWV–NVIDIA Deal, $USAR Funding LOI
This week, several stocks attracted attention due to major developments. Here’s a breakdown:
- Sigma Lithium ($SGML): Sigma announced the sale of an additional 100,000 tonnes of high-purity lithium fines and pushed back on reports suggesting its Brazil operations were shut down. According to the company, mining remobilization is proceeding as planned and the regulatory issue is a routine administrative inquiry. After the initial Brazil reports, the stock fell about 14% over two days, but rebounded sharply, jumping roughly 18% on the clarification and sale announcement.
- CoreWeave ($CRWV): CoreWeave expanded its partnership with NVIDIA as it scales AI data centers to meet rising demand for AI compute. NVIDIA also disclosed a $2 billion equity investment, reinforcing CoreWeave’s role as a key provider of large-scale AI infrastructure.
- USA Rare Earth ($USAR): USA Rare Earth said it signed a non-binding LOI with the U.S. Department of Commerce outlining potential access to up to $1.6 billion in proposed CHIPS Act support. According to the company, the funding could help build a domestic mine-to-magnet rare earth supply chain, though final terms are not guaranteed.
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.
