Callouts & quotes from 3,339+ activist slides

"Credible competition is emerging from Motorola where we believe it is winning more deals from Axon"

"We believe Perion is unlikely to win the global partner award if it didn't make the regional list."

"We believe the market is significantly undervaluing News Corp’s valuable collection of businesses."

"3. We believe that Ginkgo is concealing the true extent of its dependence on related-party revenue"

"Investors appear to have given up on Southwest and believe today’s performance is the “new normal”"

"We believe that Nevro’s business model hinges on unsustainable kickbacks to high-volume implanters"

"We believe that Nevro’s business model hinges on unsustainable kickbacks to high-volume implanters"

"We believe that Nevro’s business model hinges on unsustainable kickbacks to high-volume implanters"

"We believe that Nevro’s business model hinges on unsustainable kickbacks to high-volume implanters"

"We believe that Nevro’s business model hinges on unsustainable kickbacks to high-volume implanters"

"If former Chairman and CEO does not believe in this Board and management, why should shareholders?"

"Marcato Believes Board Change Would Drive Management Accountability and Maximize Shareholder Value"

"We believe the market is significantly undervaluing News Corp’s valuable collection of businesses."

"Spruce Point Believes U.S. Concrete (Nasdaq: USCR) Is A "Strong Sell" With 60% - 90% Downside Risk"

"We believe new leadership and an improved strategy are necessary to move Norfolk Southern forward."

"We believe there are multiple signs that Leidos is mitigating Operating Cash Flow (OCF) pressures."

"If PepsiCo does not pursue a Mondelez transaction, we believe it must separate snacks / beverages."

"Investors appear to have given up on Southwest and believe today’s performance is the “new normal”"

"We believe a significant portion of FFAI’s financing has been either fake or seriously misleading."

"We believe that only 10% of Lowe’s revenues face a high risk of competition from online retailers"

"We believe the current financial situation at the Exchange is similar to the 2000 to 2002 period."

"We believe that a strong push into Europe by Dexcom would be expensive and yield limited returns."

"We believe the combination will deliver sizable benefits and accelerate management’s growth plans"

"Spruce Point believes that Tempus has a $250 million cookie jar to embellish its Adjusted EBITDA."

"We believe TheFork is a highly strategic asset in a category with significant recent M&A activity"

"We believe investors should be worried when companies reduce business and financial transparency."

"As a result, we believe it will take even longer for it to realize the full benefit of lower oil."

"We Believe HIMS Operates On Shaky Ground In Relation To Corporate Practice of Medicine Provisions"

"We believe there is an opportunity to increase revenues in APAC through tiered product offerings."

"We believe State Street is structurally better positioned to leverage comp expense than Blackrock"

"We believe a glaring lack of focus, alignment, and accountability pervades Disney's board culture"

"We believe a glaring lack of focus, alignment, and accountability pervades Disney's board culture"

"We believe Intuit is one of the most overvalued large technology companies in the public markets."

"As a best practice, we believe that UEC should have made a similar disclosure in its SEC filings."

"Spruce Point believes Stryker is wildly overpaying for Vocera at a $3.1 billion dollar valuation."

"We believe investors are being misguided by Magnite’s growth prospects, and see 25%-50% downside."

"We Believe PGNY’s Differentiation Fades As Its Competitive Landscape Becomes Increasingly Crowded"

"We Believe REZI’s $2.0bn+ Spent On Acquisitions Are Troubled And Mask Underlying Financial Issues"

"We believe investors should adjust downward Ströer's reported EBITDA as shown in the table below."

"We believe DuPont's recent share performance reflects the market's desire for Trian's involvement"

"We believe the Sandell Plan strengthens the ability of FirstGroup to meet its pension obligations"

"We believe Bristol-Myers may have an opportunity to embark upon a similar margin improvement plan"

"Even so, the P/E is just 7x on what we and management believe to be cyclically depressed results."

"In our opinion, we do not believe the market is accurately evaluating XPO's diluted share count."

"We Believe Autodesk’s FY2026 Guidance Does Not Make Sense in Light of the 9% Workforce Reduction"

"We believe separating the Digital Real Estate Assets will unlock substantial value at News Corp."

"We believe Fluor has materially reduced its risk profile and positioned the business for success"

"We believe these fake user profile swaps are essentially Bigo’s “FU” witness protection program."

"We believe GE can return more than 40% of its current ~$260bn market cap to shareholders by 2018"

"We believe running a parallel process to explore strategic alternatives is an absolute necessity"

"We believe OPDIVO remains a highly valuable franchise in a segment with strong secular tailwinds"

"We believe that there is an opportunity to significantly improve profitability at Bristol-Myers."

"We believe there are immediate steps the Company can take to restructure sales force incentives."

"We believe GCP needs to invest in its pioneering business and differentiate it from competitors."

"After Phillips' most recent earnings results, we believe shareholder sentiment has only worsened"

"We believe pricing, product development, and portfolio management can be significantly improved."

"After Phillips’ most recent earnings results, we believe shareholder sentiment has only worsened"

"We believe Fluor has materially reduced its risk profile and positioned the business for success"

"We believe that IQ and DDMC conspired to over-report the price IQ paid for "If Time Flows Back.""

"We believe separating the Digital Real Estate Assets will unlock substantial value at News Corp."