Market Whales and Their Recent Bets on ISRG Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Intuitive Surgical (NASDAQ:ISRG) through significant options activity. Benzinga's options scanner highlighted 17 extraordinary options activities, with 58% of the sentiment being bearish. The price target for ISRG ranges from $375 to $500. Despite the bearish sentiment, ISRG's stock is currently up by 1.83%, trading at $479.82. Analysts have mixed ratings, with a consensus target price of $494.6.
August 15, 2024 | 6:01 pm
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Deep-pocketed investors have shown a bearish sentiment towards Intuitive Surgical (NASDAQ:ISRG) through significant options activity. Despite this, ISRG's stock is currently up by 1.83%, trading at $479.82. Analysts have mixed ratings, with a consensus target price of $494.6.
The significant bearish sentiment from deep-pocketed investors suggests potential downward pressure on ISRG's stock price. However, the current price increase and mixed analyst ratings indicate a complex outlook. The bearish options activity is a strong indicator of potential short-term decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100