Zillow Gr Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Zillow Gr (NASDAQ:Z), with a significant move in options trading detected. Benzinga's options scanner revealed 37 extraordinary activities, with 70% being bearish. The options trading suggests a price window from $40.0 to $75.0 for Zillow Gr. The company's stock is currently down by -1.05%, with a trading volume of 13,421,355 and an RSI indicating potential oversold conditions. An analyst from Jefferies maintains a Buy rating with a target price of $75.
March 15, 2024 | 5:46 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Deep-pocketed investors are bearish on Zillow Gr, with significant options trading activity suggesting a price window of $40-$75. The stock is slightly down, but Jefferies maintains a Buy rating with a $75 target.
The bearish sentiment from deep-pocketed investors, indicated by the significant options trading activity, suggests a potential short-term downside for Zillow Gr's stock. However, the analyst rating from Jefferies with a target price of $75 provides a counterbalance, indicating potential upside in the longer term. The current trading volume and RSI values suggest increased market attention and possible oversold conditions, which could lead to volatility in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100