Booking Holdings Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Booking Holdings (NASDAQ:BKNG) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is split between 21% bullish and 78% bearish. The whales have been targeting a price range from $2740.0 to $3800.0 for Booking Holdings over the last 3 months. The price of BKNG is currently down -1.38% at $3151.17. Several financial institutions have maintained their positive ratings on Booking Holdings with price targets ranging from $2800 to $3740.
August 17, 2023 | 4:45 pm
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Booking Holdings has seen unusual options activity with a significant bearish sentiment. The current price is down -1.38% at $3151.17. Analysts maintain positive ratings with price targets ranging from $2800 to $3740.
The unusual options activity indicates that a large investor is taking a bearish stance on Booking Holdings, which could potentially drive the stock price down in the short term. However, several financial institutions have maintained their positive ratings on the company, indicating a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100