This Is What Whales Are Betting On Palantir Technologies
Portfolio Pulse from Benzinga Insights
A large bearish position on Palantir Technologies (NYSE:PLTR) has been spotted, with 13 uncommon options trades identified. The overall sentiment of these big-money traders is split between 46% bullish and 53% bearish. Whales have been targeting a price range from $9.5 to $20.0 for Palantir Technologies over the last 3 months.
May 30, 2023 | 3:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A large bearish position has been spotted on Palantir Technologies (NYSE:PLTR), with big-money traders sentiment split between 46% bullish and 53% bearish. Whales have been targeting a price range from $9.5 to $20.0 for Palantir Technologies over the last 3 months.
The large bearish position on Palantir Technologies indicates that a significant investor or institution believes the stock price may decline in the short term. This bearish sentiment, combined with the fact that 53% of big-money traders are bearish, could lead to a negative impact on the stock price. Additionally, the targeted price range of $9.5 to $20.0 suggests that there is potential for the stock price to fluctuate within this range.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100