Streetbeat News

Assets

ABR

AFRM

AMBC

COIN

FLYW

NYCB

PYPL

SOFI

WFC

Today's whale activity in the Financials sector highlighted significant options trading across various stocks, indicating potential trading opportunities. Notable bullish and bearish sentiments were observed in stocks like WFC, C, COIN, AMBC, SOFI, ABR, AFRM, NYCB, FLYW, and PYPL, with trades involving both call and put options across different expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:35 pm

ABNB

AMZN

CVNA

DASH

DKNG

JMIA

LEN

PDD

SHAK

TSLA

Today's whale activity in the Consumer Discretionary sector highlighted unusual options trading for several companies, including TSLA, AMZN, ABNB, JMIA, DKNG, DASH, PDD, LEN, SHAK, and CVNA. The activity ranged from bullish to bearish sentiments, with significant trades made in both call and put options across various expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:35 pm

AAPL

AMD

ARM

GLW

MSFT

MSTR

NET

NVDA

PLTR

SMCI

Today's whale activity in the Information Technology sector highlighted significant options trading across several US-listed companies. Notably, bullish sentiment was observed in NVDA, AAPL, SMCI, AMD, and PLTR call options, while ARM and GLW call options showed bearish sentiment. MSTR put options indicated bullish sentiment, and NET put options were bearish. MSFT call options had a neutral sentiment. These activities, based on abnormal trading volumes and sentiments, could signal potential trading opportunities.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:35 pm

AFRM

Affirm Holdings (NASDAQ:AFRM) has seen unusual options activity indicating a bullish stance by big-money investors, with a split of 60% bullish and 40% bearish sentiment. The activity includes 10 uncommon trades, with 2 puts and 8 calls, targeting a price window of $40.0 to $47.5. The company, specializing in digital commerce solutions, has its stock price currently up by 1.22% at $41.49. Expert opinions on AFRM are mixed, with target prices ranging from $16 to $50.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:30 pm

NET

Cloudflare (NYSE:NET) has seen a surge in options activity, with an equal split between bullish and bearish sentiments among deep-pocketed investors. The activity focuses on options with strike prices between $75.0 and $105.0. The largest trades include both calls and puts, with varying sentiments and expiration dates. Cloudflare's stock is slightly up, with an RSI indicating it may be approaching overbought territory. Analysts have set an average price target of $109.6, with ratings ranging from Neutral to Overweight.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:30 pm

AMD

AVGO

MSFT

NVDA

TSMWF

The AI 5, coined by Light Street Capital's Glen Kacher, highlights Nvidia, Microsoft, AMD, TSMC, and Broadcom as leading stocks in the AI-driven market. Nvidia excels in GPUs for AI, Microsoft invests heavily in AI with OpenAI, AMD introduces the MI300X chip for AI computations, TSMC leads in semiconductor manufacturing with advanced technologies, and Broadcom's semiconductor solutions support AI applications. Warren Buffett has invested in Apple and Amazon, part of The Magnificent Seven, but not directly in AI 5 stocks.

Portfolio Pulse from Stjepan Kalinic

February 15, 2024 | 5:19 pm

GXO

GXO Logistics (NYSE:GXO) has received mixed analyst ratings in the last three months, with 2 bullish and 2 somewhat bullish ratings. The average 12-month price target for GXO has increased to $70.25, up 1.44% from the previous $69.25. Analysts from Susquehanna, Citigroup, Stifel, and JP Morgan have adjusted their price targets and ratings, reflecting their perspectives on the company's performance and market conditions. GXO Logistics, a contract logistics company, has shown positive financial indicators such as revenue growth, net margin, ROE, ROA, and a healthy debt-to-equity ratio, outperforming industry benchmarks.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 5:00 pm

WST

West Pharmaceutical Servs (NYSE:WST) has seen an 8.42% increase in its short percent of float since the last report, with 1.16 million shares sold short, representing 2.06% of available shares. This indicates a bearish sentiment among investors, although it's below the peer group average of 5.63%. The rise in short interest doesn't necessarily predict a price drop, but it's a critical sentiment indicator.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 4:45 pm

DVN

Devon Energy's (NYSE:DVN) short interest has increased by 6.75% since the last report, with 15.01 million shares sold short, representing 2.69% of its float. It would take about 1.8 days to cover these short positions based on current trading volume. This rise in short interest can indicate a more bearish market sentiment towards DVN, although it's not a definitive predictor of stock price movement. Devon Energy has a lower short interest compared to its peer group average of 6.38%.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 4:45 pm

PDD

PDD Holdings (NASDAQ:PDD) has seen unusual options activity, with a bearish sentiment from high-rolling investors, despite a split sentiment overall (31% bullish, 68% bearish). A significant volume of options trades, including 22 trades with a focus on strike prices between $60.0 and $140.0, indicates potential insider information. The company, a multinational commerce group, currently trades at $133.18, with neutral RSI indicators and earnings expected in 32 days.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 4:31 pm