Applied Mat Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Applied Mat (NASDAQ:AMAT) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 42% bullish and 57% bearish. Whales have been targeting a price range from $100.0 to $170.0 for Applied Mat over the last 3 months. The price of AMAT is up 5.91% at $147.23. B of A Securities, Mizuho, and Citigroup have maintained their Buy rating on Applied Mat.
July 27, 2023 | 2:03 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Applied Mat has seen unusual options activity with a significant bearish stance by a large investor. The stock price is up 5.91% at $147.23. Analysts from B of A Securities, Mizuho, and Citigroup have maintained their Buy rating on the company.
The unusual options activity indicates that a large investor is taking a bearish stance on Applied Mat, which could potentially drive the stock price down in the short term. However, the stock price is currently up and analysts have maintained their Buy rating, which could counteract the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100