Intuit Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Intuit (NASDAQ:INTU) with 11 uncommon options trades spotted. The sentiment of these big-money traders is split between 54% bullish and 45% bearish. Whales have been targeting a price range from $185.0 to $650.0 for Intuit over the last 3 months. The price of INTU is up 3.02% at $513.57. Several financial institutions have maintained their positive ratings on Intuit with price targets ranging from $528 to $580.
August 25, 2023 | 6:01 pm
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POSITIVE IMPACT
Intuit has seen significant bullish options activity, with the price of its stock rising 3.02%. Several financial institutions have maintained their positive ratings on the company.
The bullish options activity indicates that big-money traders are expecting the price of Intuit's stock to rise. This, combined with the positive ratings from several financial institutions, suggests a positive short-term impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100