NXP Semiconductors Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on NXP Semiconductors (NASDAQ:NXPI) by a large investor, as observed from unusual options activity. The sentiment among these big-money traders is split between 45% bullish and 54% bearish. The whales have been targeting a price range from $185.0 to $220.0 for NXP Semiconductors over the last 3 months. The price of NXPI is up 2.47% at $209.1, and RSI indicators suggest the stock may be approaching overbought. Susquehanna has downgraded its action to Neutral with a price target of $165.
July 10, 2023 | 6:16 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A large investor has taken a bearish stance on NXP Semiconductors, with the stock price currently at $209.1, up 2.47%. Susquehanna has downgraded its action to Neutral with a price target of $165.
The bearish stance taken by a large investor, coupled with the downgrade by Susquehanna, could potentially lead to a decrease in the stock price of NXP Semiconductors in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100