Callouts & quotes from 37,061+ activist slides

"Marvell created significant shareholder value once the Board was reconstituted"

"MISTs have seen superior adoption compared to invasive / resective procedures."

"ROI on fiber must be measured exclusively against the cost of capital of fiber"

"SBAC's portfolio appears to be growing materially faster than both CCI and AMT"

"Even so, churn compares favorably to several highly-valued subscription peers."

"If ADP reported float income as a separate segment there would be no confusion"

"At scale, when growth slows, Ultimate's structural margins should be 32% - 40%"

"ADP’s core payroll engine, AutoPay, is a decades-old inefficient legacy system"

"ADP has what's known, a massive amount – a massive amount – of technical debt."

"For years, Vivendi has had issues with Italian regulators over rule violations"

"Minority shareholders are treated as second-class citizens in Bolloré's Empire"

"So, does Eurofins use factoring? The answer is a resounding 'yes'. Absolutely."

"Red Lobster's frustrating results started to affect management's compensation."

"Fortrea Is a Large Scale CRO with a Global Presence Spanning Over 90 Countries"

"Ex-employees slammed each key claim as misleading, exaggerated, or fraudulent."

"We are asking many, many questions, and they’re blocking us from time to time."

"As a standalone MPC company, HHH has a limited natural public shareholder base"

"Dismissed further restructuring with false excuses, calling it a “liquidation”"

"Valeant is the only major pharmaceutical company that discloses organic growth"

"These adjustments are required to translate GAAP earnings to economic earnings"

"NOAM Physical is Core Business 69% of Revenues, 86% of OIBDA, 96% of Cash Flow"

"CTR concluded that Tianjin A-er-sha owned 122 buses with 252 CCME LCD screens."

"In 2019, Autodesk committed to reaching growth + profit of 55% - 65% by FY2023"

"In 2019, Autodesk committed to growing revenue at a 15-19% CAGR through FY2023"

"After missing its prior margin targets, Autodesk tried to buy itself more time"

"$164,511,000 = JOE's carrying value for Gulf County residential real estate(1)"

"JOE sues for damages while advertising to the public the beaches are wonderful"

"BXMT seemingly is systematically under-rating the Risk Ratings it gives loans."

"Strategic change could realize 150%(3) increase in value for Hess shareholders"

"BlackBerry 24 month target: $20. or Likely Buyout Target at a Sizeable Premium"

"Why did the CEO change his degree specialization from marketing to statistics?"

"School district hiring has had a substantial effect on regional labor markets."

"We Believe PowerSchool May Be Potentially Violating State Student Privacy Laws"

"Huntsman failed to achieve its 2018 Investor Day share price improvement goal."

"Huntsman failed to achieve its 2018 Investor Day share price improvement goal."

"Red Lobster’s frustrating results started to affect management’s compensation."

"It trades at a fancy multiple of last year's earnings, before oil prices fell."

"Arconic’s business benefited from massive industry tailwinds, yet still shrunk"

"Move the whole organization from aiming to be better to aiming for world class"

"We believe Alexandria could have 30-40% downside from the current share price."

"We believe investors should tread carefully that Oatly has misstated revenues."

"Oatly entered the U.S. market in 2016/17 exactly when share was lost in Sweden"

"Oatly entered the U.S. market in 2016/17 exactly when share was lost in Sweden"

"Fortrea Is a Large Scale CRO with a Global Presence Spanning Over 90 Countries"

"Simplified capital structure, increased liquidity and avoided dividend leakage"

"Though tenant sales are down year-to-date, sales momentum is starting to build"

"The two initial representatives were attorneys André Zolty and Thierry Ulmann."

"In 2016, the property was still under construction and no income was recorded."

"257 units sold as of August 2012 (236 binding sales averaging >$700 / sq. ft.)"

"Financing with cash on hand and new borrowings -> Highly Accretive Transaction"

"Bloomin’s superior operational execution drove its valuation premium to Darden"

"NQ's claim to have paid $1.55 million for the domain www.nq.com is outrageous."

"NQ should produce Breakin' 3 Don't Crash Into a Tree and do product placement."

"The population is no longer growing. Since its peak in 2005 it has shrunk 11%."

"Between 2014 – 2018, Amgen successfully improved operating margins by 1,500bps"

"If properly managed, we believe that Bristol-Myers can reduce its SG&A expense"

"Kao's Curél and Freeplus brands displayed with poor shelf space and no signage"

"We expect Fannie and Freddie to continue to reduce loss reserves in the future"

"We currently see 25% - 40% downside risk ($5.20 - $6.50) in HIMS' share price."

"By under-reserving for bad debts, FND may be overstating revenues and margins."