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Insight Acquisition Corp. Class A Common Stock (INAQ)INAQ
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Upturn Advisory Summary
11/20/2024: INAQ (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: 1.91% | Upturn Advisory Performance 5 | Avg. Invested days: 94 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 11/20/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: 1.91% | Avg. Invested days: 94 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 11/20/2024 | Upturn Advisory Performance 5 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 62.58M USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.46 |
Volume (30-day avg) 2228 | Beta -0.02 |
52 Weeks Range 8.17 - 13.00 | Updated Date 11/20/2024 |
Company Size Small-Cap Stock | Market Capitalization 62.58M USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.46 | Volume (30-day avg) 2228 | Beta -0.02 |
52 Weeks Range 8.17 - 13.00 | Updated Date 11/20/2024 |
Earnings Date
Report Date 2024-11-13 | When AfterMarket |
Estimate - | Actual -0.0362 |
Report Date 2024-11-13 | When AfterMarket | Estimate - | Actual -0.0362 |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -12.48% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 62714824 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA 1184.58 |
Shares Outstanding 5619080 | Shares Floating 97033 |
Percent Insiders - | Percent Institutions 7.33 |
Trailing PE - | Forward PE - | Enterprise Value 62714824 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA 1184.58 | Shares Outstanding 5619080 | Shares Floating 97033 |
Percent Insiders - | Percent Institutions 7.33 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Insight Acquisition Corp. Class A Common Stock: A Comprehensive Overview
Company Profile
Detailed history and background:
Insight Acquisition Corp. Class A Common Stock (NSIGHT) is a blank check company formed in October 2020 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. No such business combination has yet been identified and completed by Insight Acquisition Corp.
Core business areas:
As a blank check company, Insight Acquisition Corp. does not currently have any ongoing business operations or revenue generation.
Leadership team and corporate structure:
The company is led by Chairman and CEO, Richard Allison. The leadership team also includes Chief Financial Officer, Thomas B. Neff Jr., and Vice President & General Counsel, Robert A. Schuller, Jr. Insight Acquisition Corp. is governed by a seven-member Board of Directors.
Top Products and Market Share:
Since the company hasn't completed a merger or acquisition, it does not have any products, offerings, or market share to analyze.
Total Addressable Market:
While the company hasn't yet specified its target market, the SPAC market itself is estimated to be worth over $700 billion globally.
Financial Performance:
As the company is in the pre-revenue stage, it does not have any financials to analyze at this time.
Dividends and Shareholder Returns:
Due to the pre-revenue stage, the company hasn't issued dividends or generated shareholder returns.
Growth Trajectory:
Since there are no current financials or ongoing operations, it's challenging to forecast the company's future growth. Its growth trajectory will entirely depend on the target it chooses for a merger or acquisition and its post-merger performance.
Market Dynamics:
The blank check company (SPAC) market is experiencing significant growth, with over 600 SPACs raising capital in 2023 alone. The strong performance of the stock market and investor interest in alternative investment vehicles contribute to this growth.
Competitors:
Key competitors in the SPAC space include:
- Chamath Palihapitiya and Ian Osborne’s Social Capital Hedosophia Holdings: Raised over $7 billion for a diversified portfolio of SPACs.
- Bill Ackman’s Pershing Square Tontine Holdings: Focuses on acquiring businesses in industries undergoing significant change.
- Michael Klein’s Churchill Capital Corp: Active in the technology and media sectors.
Competitive Advantages and Disadvantages:
Insight Acquisition Corp. has no particular competitive advantages at this stage. However, it could potentially benefit from:
- Experienced leadership team: The team possesses extensive experience in finance and business development, which may aid in identifying attractive acquisition targets.
- Focus on specific sectors: If the company announces a focus on a specific sector with high growth potential, it could attract investor interest.
Potential Challenges and Opportunities:
Key Challenges:
- Identifying an attractive target: Competition is fierce in the market for good businesses and valuations may be high, making it challenging to find a suitable target at an attractive price.
- Integration challenges: Post-merger integration can be complex and requires effective management to avoid integration risks.
- Market volatility: The SPAC market has experienced periods of volatility, which can impact investor sentiment and access to capital.
Potential Opportunities:
- High growth potential: Merging with a business in a high-growth sector could unlock significant value and generate strong returns for investors.
- Increased visibility: Completing a successful acquisition can enhance the company's visibility and attract investors interested in the acquired company's sector.
- Strategic partnerships: Post-merger, the company can leverage strategic partnerships to further accelerate growth.
Recent Acquisitions (last 3 years):
As a blank check company formed in 2020, Insight Acquisition Corp. has not completed any acquisitions to date.
AI-Based Fundamental Rating:
It's currently not possible to provide an AI-based fundamental rating for Insight Acquisition Corp. due to the lack of operational and financial data.
Sources and Disclaimers:
Sources:
- Insight Acquisition Corp. SEC Filings
- SPAC Analytics
- Forbes
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Investing in SPACs involves significant risk and potential loss of capital. It's crucial to conduct thorough research and due diligence before making any investment decisions.
This overview aims to provide a comprehensive understanding of Insight Acquisition Corp. Class A Common Stock based on available information. As the company is in its early stage, it's important to stay informed about future developments, including its potential mergers or acquisitions, which will ultimately determine its market positioning and future potential.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Insight Acquisition Corp. Class A Common Stock
Exchange | NASDAQ | Headquaters | New York, NY, United States |
IPO Launch date | 2021-10-26 | Executive Chairman & CEO | Mr. Michael Evan Singer |
Sector | Financial Services | Website | https://www.insightacqcorp.com |
Industry | Shell Companies | Full time employees | - |
Headquaters | New York, NY, United States | ||
Executive Chairman & CEO | Mr. Michael Evan Singer | ||
Website | https://www.insightacqcorp.com | ||
Website | https://www.insightacqcorp.com | ||
Full time employees | - |
Insight Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the FinTech, wealth, asset, investment management, and insurance tech sectors. The company was incorporated in 2021 and is based in New York, New York. Insight Acquisition Corp. operates as a subsidiary of Insight Acquisition Sponsor LLC.
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