This Is What Whales Are Betting On Booking Holdings
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Booking Holdings (NASDAQ:BKNG) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 29% bullish and 70% bearish. The whales have been targeting a price range from $1500.0 to $4300.0 for Booking Holdings over the last 3 months. The current price of BKNG is down -1.23% at $2934.39. Analysts from Barclays, Jefferies, Oppenheimer, Morgan Stanley, and JMP Securities have maintained their ratings on Booking Holdings with varying price targets.
August 04, 2023 | 10:11 am
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A large investor has taken a bearish stance on Booking Holdings, with unusual options activity indicating a price target range of $1500.0 to $4300.0. The current price is down -1.23% at $2934.39.
The bearish stance taken by a large investor, as indicated by unusual options activity, suggests that there may be a downward pressure on the stock price in the short term. This is further supported by the current price decrease of -1.23%. However, the varying price targets set by analysts indicate a level of uncertainty in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100