Goldman Sachs Gr Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Goldman Sachs Gr (NYSE:GS), with unusual options activity detected. Benzinga's tracking revealed 27 significant options trades, with a bearish majority. The trades suggest a targeted price range for GS between $320.0 and $480.0. Recent analyst ratings offer mixed views, with a consensus target price of $431.0. GS's current trading volume is 1,600,689, with a price drop of -2.11%, and an earnings announcement expected in 3 days.
April 12, 2024 | 6:31 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Unusual options activity and bearish sentiment among investors indicate potential volatility for Goldman Sachs. Mixed analyst ratings and an upcoming earnings announcement could further influence GS's stock price.
The bearish sentiment from deep-pocketed investors, highlighted by unusual options activity, suggests a negative outlook for GS in the short term. The mixed analyst ratings add uncertainty, but the consensus target price above the current trading price could limit downside. The upcoming earnings announcement is a critical event that could sway the stock price significantly, depending on the outcome.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100