Looking At e.l.f. Beauty's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
e.l.f. Beauty (NYSE:ELF) has seen unusual options activity, with a bullish sentiment from deep-pocketed investors. Benzinga's tracking revealed 15 extraordinary options activities, with a split sentiment of 53% bullish and 46% bearish. Significant trades include both puts and calls, aiming for a price range of $80.0 to $230.0. The company, known for its cosmetic products, is currently trading at $195.2, down by -0.84%. Analysts have given an average target price of $223.0, with various ratings from Market Perform to Overweight.
March 19, 2024 | 4:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
e.l.f. Beauty has seen significant unusual options activity, indicating a bullish sentiment among investors. The stock is currently down by -0.84%, trading at $195.2, with an average analyst target price of $223.0.
The unusual options activity, particularly the bullish sentiment among investors, suggests a positive outlook for ELF's stock price in the short term. The analyst ratings and target prices further support this optimism, despite the current slight downturn in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100