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Saturday, November 7, 2026

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Perimeter Group: 3Q26 Business Recap

Perimeter Group posted 24% revenue growth to $390 million as fire-safety contracts and acquisitions lifted results, while it brings PDI supply in-house after Flexsys disruptions.

PRM $4.8B
Speedwell Memos 1 click

From X

@ActAccordingly

PAA Research on X

5%+ SSS comps for the core franchise at $CAKE this quarter. The stock was obviously telling everyone about the inflection in trend. I would like to see better comps at North Italia. Flower Child units could grow faster, but it's clear some of the menu changes and technology improvements are yielding better traffic. It's been a long time since they posted a 5%+ comp. SSS + unit growth is a rare breed in consumer land, $CAKE has it. The LLOK trade remains alive and well. @TiberiusCapital
@AsifSuria 1 click

Asif Suria on X

It is good to see the market recognizing that some of these SaaS companies like $ADBE, $NAVN, $ADSK and $CRM were oversold. My updated list of 62 software companies with insider buying can be found here in a tool that was built using Claude: https://t.co/ov9dxXgBid Here is some of what I wrote about the data in our July mid-month update a couple of week ago: "Industries in crisis provide fantastic opportunities if you are willing to wait patiently for some of the dust to settle and don’t mind temporary drawdowns as it is nearly impossible to pick bottoms. Earlier this year I started compiling a list of software and software-adjacent companies that were seeing insider buying after a massive drop in the price of their stock. I covered why this was important and included a list of 11 companies with insider buying in my article Where Are The Software Insiders? in February. Software-adjacent Companies What do I mean by “software-adjacent” companies? These are companies that have also seen their stock prices decline because of the perceived threat of AI to their business models. The list includes data providers like S&P Global $SPGI, MSCI $MSCI, and Morningstar $MORN. It includes e-commerce marketplaces like ThredUp $TDUP as well as the Latin America focused juggernaut MercadoLibre $MELI. It includes FinTech companies like SoFi $SOFI, PicS $PICS, PagSeguro Digital $PAGS, and StoneCo $STNE. I also decided to include cybersecurity companies like Palo Alto Networks $PANW and Gen Digital $GEN. Sixty Two Companies With Insider Buying The full list included 72 companies but I decided to get rid of five with a market cap below $500 million and another five whose gross margin was below 40%. The insider data is clean as a whistle because I reviewed every filing, read the footnotes and even adjusted the price of one purchase (Marqeta) to account for a reverse split. The buyback data specified in the Double Dipper column should also be good as I did several spot checks against 10Q and 10K filings. The rest of the data including valuation ratios and company metrics come from our data provider (FMP) and could have some issues. Several of these companies are foreign issuers (EPS reported in Brazilian reals but price reported in U.S. dollars), some went public within the last year and some ratios will be impacted by one-time items or growth from a tiny base. We have covered 18 of these companies in InsideArbitrage articles or newsletters"
@BrokenMoats 2 clicks

Broken Moats on X

Dispersion trade creating opportunities of fundamentals not matching price: $FDS now higher than the before SaaS (apocalypse) took off. Hard to argue they are not one of the most disrupted names across data services / software $PAYC $PCTY $WDAY - same challenges across software names and pricing / seat pressures. These names also face heavy increased competition from Rippling $EXPE - Hotels going direct has already started and OTAs should see supply pressure and take rate pressure $RNG - Does anyone legitimately believe they're an AI play? Agents don't need calls, don't need phones, and you don't need RNG to provide those agents - especially as every sb and up software provider and crm/erp Many others across software but also in financials, industrials and consumer

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Problems at Twist Bioscience (TWST)

Twist Bioscience’s $200 rebound followed an Anthropic-linked short squeeze, yet its DNA and protein services face broad competition while…

TWST $8B
Hunterbrook 4 clicks

VSH Earnings Review

Vishay reported record Q3 revenue of $979 million, up 24%, and guided Q4 to about $990 million as rising backlog and margins contrast with…

VSH $3.6B
Cestrian Capital Research 3 clicks
AAP · long

Advance Auto Parts INC

Advance Auto Parts, AAP, is presented as a long idea following prior write-ups at $48.81 per share in January 2025.

AAP $2.9B
Value Investors Club 1 click

New Ideas From The Road

Aurelion Research increased healthcare exposure and sees opportunities in banking and defense, alongside research on Alcoa, Nike, ONON and…

MDA $4.2B
Aurelion Research 4 clicks

Site Centers (NYSE:SITC)

Site Centers' $3 per-share return-of-capital distribution and December delisting leave a discounted liquidation stub, with two properties…

CURB $3.6B
Real Assets, Real Value 5 clicks

Stevanato down 30%. Yikes.

Stevanato fell 30% after forecasting low-single-digit 2027 growth as lower Nexa syringe volumes from a GLP-1 customer offset solid Q3…

STVN $3.6B
Best Anchor Stocks 3 clicks

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