This Is What Whales Are Betting On Vertiv Hldgs
Portfolio Pulse from Benzinga Insights
Wealthy investors have taken a bearish stance on Vertiv Holdings (NYSE:VRT), as observed through unusual options trading activity. Benzinga's options scanner detected 20 significant trades, with 60% being bearish. Analysts have mixed ratings, with price targets ranging from $95 to $116.
May 21, 2024 | 5:01 pm
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Wealthy investors have taken a bearish stance on Vertiv Holdings (NYSE:VRT), as observed through unusual options trading activity. Benzinga's options scanner detected 20 significant trades, with 60% being bearish. Analysts have mixed ratings, with price targets ranging from $95 to $116.
The detection of significant bearish options trades by wealthy investors suggests a negative short-term outlook for Vertiv Holdings. Despite mixed analyst ratings, the predominant bearish sentiment in options trading is likely to exert downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100