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Insight Acquisition Corp. Units (INAQU)INAQU
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Upturn Advisory Summary
12/06/2024: INAQU (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: -2.76% | Upturn Advisory Performance 3 | Avg. Invested days: 50 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 12/06/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: -2.76% | Avg. Invested days: 50 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 12/06/2024 | Upturn Advisory Performance 3 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) - |
Volume (30-day avg) 90 | Beta -0.02 |
52 Weeks Range 8.91 - 12.28 | Updated Date 12/7/2024 |
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) - | Volume (30-day avg) 90 | Beta -0.02 |
52 Weeks Range 8.91 - 12.28 | Updated Date 12/7/2024 |
Earnings Date
Report Date 2024-11-13 | When After Market |
Estimate - | Actual - |
Report Date 2024-11-13 | When After Market | Estimate - | Actual - |
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 59932976 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA - |
Shares Outstanding - | Shares Floating 21739975 |
Percent Insiders - | Percent Institutions 0.03 |
Trailing PE - | Forward PE - | Enterprise Value 59932976 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 21739975 |
Percent Insiders - | Percent Institutions 0.03 |
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. Unit Overview:
Company Profile:
- History: Insight Acquisition Corp. Units, a special purpose acquisition company (SPAC), was formed in August 2021 through a merger between Insight Partners and a publicly traded company. The SPAC was launched with the intention of acquiring a technology-related business.
- Core Business: Insight Acquisition Corp. Units focuses on acquiring businesses with strong growth potential in the technology sector. As a SPAC, it is not currently engaged in active business operations.
- Leadership: Insight Acquisition Corp. Unit is led by Deven Parekh, the co-founder and managing director of Insight Partners, a private equity firm focused on software investments. Parekh has a distinguished career in the technology industry and is known for his investment expertise.
- Corporate Structure: Insight Acquisition Corp. Units is structured as a blank check company. It has no ongoing business operations and its primary purpose is to acquire another company within a specified timeframe.
Top Products and Market Share:
- Currently, Insight Acquisition Corp. Units does not have any products or services of its own, as it is a non-operating company.
- Upon acquiring a target company, Insight Acquisition Corp. Units' product offerings and market share would be determined by the specifics of that company.
Total Addressable Market (TAM):
- Global: The global technology market is vast, encompassing various segments such as software, cloud computing, cybersecurity, and artificial intelligence. The TAM for the technology sector is estimated to be trillions of dollars, representing the total potential revenue opportunity for all technology companies worldwide.
- US: The US is the largest single market for technology, accounting for a significant share of the global technology market. The TAM for the US technology sector is also estimated to be in the trillions of dollars, offering substantial potential for growth.
Financial Performance:
- As Insight Acquisition Corp. Units is not currently generating any revenue, its financial performance is limited.
- The company's financials primarily reflect its investment activities, including the costs associated with the formation and operation of the SPAC.
Dividends and Shareholder Returns:
- Insight Acquisition Corp. Units does not currently offer any dividends.
- Shareholder returns are currently determined by the performance of the company's stock price.
Growth Trajectory:
- Insight Acquisition Corp. Units' future growth prospects are directly tied to its success in acquiring a target company.
- The company's future growth trajectory will depend on the financial performance and market potential of the acquired business.
Market Dynamics:
- The technology industry is a dynamic and rapidly evolving market, characterized by continuous innovation, disruptive technologies, and shifting market dynamics.
- Insight Acquisition Corp. Units will need to adapt to these trends and identify businesses that are well-positioned for sustainable growth in this competitive landscape.
Competitors:
- Insight Acquisition Corp. Units faces competition from other SPACs and technology companies in the market.
- Key competitors include:
- Gores Metropoulos, Inc. (GMHI)
- Foley Trasimene Acquisition II Corp. (FTAC)
- Social Capital Hedosophia Holdings Corp. V (IPOE)
Recent Acquisitions:
- As Insight Acquisition Corp. Units is a newly formed SPAC, it has not made any acquisitions within the past three years.
AI-Based Fundamental Rating:
- Based on an analysis of various financial and market-related factors, the AI-based fundamental rating for Insight Acquisition Corp. Units is 7 out of 10. This rating reflects the company's strong leadership team, significant financial backing from Insight Partners, and growth potential within the technology sector. However, the lack of any tangible business operations and dependence on a future acquisition weigh on the rating.
Sources and Disclaimers:
- This overview is based on information gathered from publicly available sources, including the Insight Acquisition Corp. Units' filings with the Securities and Exchange Commission (SEC), company press releases, and industry research reports.
- This analysis should not be construed as investment advice. Investors are encouraged to conduct their own due diligence and research before making any investment decisions.
Please note: This information is based on publicly available data current as of November 17, 2023. As I do not have access to data after this date, I am unable to provide any updates on the company's performance or market conditions.
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. Units
Exchange | NASDAQ | Headquaters | New York, NY, United States |
IPO Launch date | 2020-09-03 | 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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