Behind the Scenes of Palantir Technologies's Latest Options Trends
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown a bearish sentiment towards Palantir Technologies (NYSE:PLTR) through significant options trades. Benzinga's options scanner identified 9 trades, with 55% being bearish. The stock is currently trading at $31.91, up by 2.19%, but analysts have mixed ratings with an average target price of $25.6.
August 16, 2024 | 2:18 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
High-rolling investors have shown a bearish sentiment towards Palantir Technologies through significant options trades. The stock is currently trading at $31.91, up by 2.19%, but analysts have mixed ratings with an average target price of $25.6.
The significant bearish sentiment from high-rolling investors, as indicated by the options trades, suggests a potential short-term decline in PLTR's stock price. Despite the current price increase, the mixed analyst ratings and lower average target price add to the bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100