Brian Sweeney - Open Text Executive Officer
| OTEX Stock | CAD 42.64 0.34 0.79% |
Executive
Brian Sweeney is Executive Officer of Open Text Corp
| Age | 60 |
| Address | 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1 |
| Phone | 519 888 7111 |
| Web | https://www.opentext.com |
Brian Sweeney Latest Insider Activity
Tracking and analyzing the buying and selling activities of Brian Sweeney against Open Text stock is an integral part of due diligence when investing in Open Text. Brian Sweeney insider activity provides valuable insight into whether Open Text is net buyers or sellers over its current business cycle. Note, Open Text insiders must abide by specific rules, including filing SEC forms every time they buy or sell Open Text'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Brian Sweeney over six months ago Acquisition by Brian Sweeney of 937 shares of Madison Square subject to Rule 16b-3 | ||
Brian Sweeney over a year ago Acquisition or disposition of Madison Square securities by Brian Sweeney |
Open Text Management Efficiency
The company has return on total asset (ROA) of 0.0427 % which means that it generated a profit of $0.0427 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.115 %, meaning that it generated $0.115 on every $100 dollars invested by stockholders. Open Text's management efficiency ratios could be used to measure how well Open Text manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Open Text's Return On Capital Employed is very stable compared to the past year. As of the 1st of December 2024, Return On Equity is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.06. At this time, Open Text's Debt To Assets are very stable compared to the past year. As of the 1st of December 2024, Fixed Asset Turnover is likely to grow to 12.75, though Net Tangible Assets are likely to grow to (7.5 B).Similar Executives
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Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0427 |
Open Text Corp Leadership Team
Elected by the shareholders, the Open Text's board of directors comprises two types of representatives: Open Text inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Open. The board's role is to monitor Open Text's management team and ensure that shareholders' interests are well served. Open Text's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Open Text's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brian Sweeney, Executive Officer | ||
| Craig Stilwell, Executive Vice President General Manager SMB and Consumer | ||
| Michael Acedo, Chief VP | ||
| Sandy Ono, Executive Officer | ||
| Simon Harrison, Executive Vice President - Worldwide Sales | ||
| Stephen Sadler, Director | ||
| Muhieddine Majzoub, Executive Vice President, Chief Product Officer | ||
| Shannon Bell, Executive Officer | ||
| Cosmin Balota, Senior Officer | ||
| Gordon Davies, Executive Vice President, Chief Legal Officer and Corporate Development | ||
| Paul Rodgers, Executive Operations | ||
| Prentiss Donohue, Executive Sales | ||
| Carl Tinggren, Independent Director | ||
| Christopher McGourlay, Executive Sales | ||
| Madhu Ranganathan, Chief Financial Officer, Executive Vice President | ||
| Douglas Parker, Senior Vice President - Corporate Development | ||
| Howard CPA, VP Officer | ||
| Denise Miura, Senior Japan | ||
| Katharine Stevenson, Independent Director | ||
| Renee McKenzie, Ex Officer | ||
| Michael Slaunwhite, Independent Director | ||
| P Jenkins, Independent Chairman of the Board | ||
| David Fraser, Independent Director | ||
| Harry Blount, Senior Relations | ||
| Randy Fowlie, Lead Independent Director | ||
| Jen Bell, Vice Officer | ||
| Paul Duggan, Executive Officer | ||
| Gail Hamilton, Independent Director | ||
| Muhi Majzoub, Executive Vice President - Engineering | ||
| Harmit Singh, Independent Director | ||
| Mark Barrenechea, Chief Executive Officer, Vice Chairman of the Board, Chief Technology Officer | ||
| Deborah Weinstein, Independent Director | ||
| Todd Cione, President Sales | ||
| Gabrielle Sukman, Investor Advisor |
Open Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Open Text a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0427 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 19.29 B | ||||
| Shares Outstanding | 265.88 M | ||||
| Shares Owned By Insiders | 2.09 % | ||||
| Shares Owned By Institutions | 78.08 % | ||||
| Number Of Shares Shorted | 3.44 M | ||||
| Price To Earning | 97.96 X |
Pair Trading with Open Text
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Open Text position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Open Text will appreciate offsetting losses from the drop in the long position's value.Moving against Open Stock
| 0.46 | AMZN | Amazon CDR | PairCorr |
| 0.43 | UNH | UnitedHealth Group CDR | PairCorr |
| 0.43 | COST | Costco Wholesale Corp | PairCorr |
| 0.4 | GOOG | Alphabet CDR | PairCorr |
| 0.36 | WMT | Walmart Inc CDR | PairCorr |
The ability to find closely correlated positions to Open Text could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Open Text when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Open Text - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Open Text Corp to buy it.
The correlation of Open Text is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Open Text moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Open Text Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Open Text can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Open Text Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.