Looking At Applied Mat's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Applied Mat (NASDAQ:AMAT), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $115.0 to $200.0 for Applied Mat over the last 3 months. The stock's current price is up 3.01% at $149.8. Analysts from TD Cowen, Goldman Sachs, Mizuho, Morgan Stanley, and Berenberg have maintained their positive ratings on the stock, with price targets ranging from $139 to $175.
August 29, 2023 | 5:15 pm
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Applied Mat has seen unusual options activity, with a majority of investors bearish. The stock is currently up 3.01% at $149.8. Positive ratings have been maintained by several analysts.
The unusual options activity indicates that investors are speculating on the future price of Applied Mat, with a majority taking a bearish stance. However, the stock's current price is up and analysts have maintained their positive ratings, which could counteract the bearish sentiment. Therefore, the short-term impact on the stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100