Market Whales and Their Recent Bets on TXN Options
Portfolio Pulse from Benzinga Insights
Market whales have taken a bearish position on Texas Instruments (NASDAQ:TXN), with 40% of the options transactions being bearish. The average price target from analysts is $182.0, with mixed ratings. The stock is currently trading at $194.84, down by -0.04%.
May 30, 2024 | 4:35 pm
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Market whales have taken a bearish position on Texas Instruments (NASDAQ:TXN), with 40% of the options transactions being bearish. The stock is currently trading at $194.84, down by -0.04%. Analysts have mixed ratings with an average price target of $182.0.
The significant bearish options activity suggests that large investors expect a decline in TXN's stock price. The mixed analyst ratings and the current trading price being close to the lower end of the projected price window further support a bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100