Nutanix, Star Bulk, Lennar, Hershey, Helus Insider Shock

Berkshire Hathaway has built a $2.2B stake in Lennar Corp., becoming its largest shareholder. The conglomerate bought $53.9M of Lennar shares in late September, now owning 11% of the homebuilder. Lennar's stock has fallen 21% YTD due to industry challenges, but Berkshire's investment signals long-term confidence in the housing market and Lennar's strategy.

The Hershey Company (HSY) named Amanda Almond as President, International, effective Oct. 12. She succeeds Rohit Grover, who spent 27 years at Hershey. Almond joins from Vinarchy, where she led 57 markets, and previously held senior roles at Bacardi. Hershey reported $11.7B in annual revenues. Almond will focus on accelerating international growth.

Morgan Stanley initiated coverage of Lennar with an Underweight rating and a $65 price target, according to a report published on 10/01/2026. Lennar's stock is currently trading at $81.59, down 1.71% over 5 days and 20.63% year-to-date. The rating is based on a weighted average of valuation, EPS revisions, and visibility metrics.

Morgan Stanley initiated Lennar (LEN) with an underweight rating and $65 price target, citing margin concerns. The stock trades at $81.59, with InvestingPro suggesting undervaluation. Lennar reported Q3 earnings below expectations, with $1.23 adjusted EPS and $8.05B revenue. Analysts cite mortgage rates and consumer confidence as risks.

Lennar Corporation (LEN) disclosed that Berkshire Hathaway Inc. indirectly acquired 660,410 shares of its Class A and B common stock from September 28 to 30, 2026, including 638,813 Class A shares at $81.59 and 4,008 Class B shares at $79.98. Berkshire subsidiaries are the reported owners, with Warren Buffett disclaiming beneficial ownership beyond his pecuniary interest.

Nutanix (NTNX) reported that President Tarkan Maner stepped down, with commercial operations now under CEO Rajiv Ramaswami. The company completed a $705.29 million share buyback, reducing shares outstanding by 5.15%. Analysts forecast revenue of $3.9 billion and earnings of $584.9 million by 2029, with concerns about competitive pressures and earnings consistency.