Streetbeat News

Assets

BX

A significant bearish stance has been taken on Blackstone (NYSE:BX) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $90.0 to $105.0 for Blackstone over the last 3 months. The price of BX is currently up 1.19% at $99.43.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 7:20 pm

TGT

A significant bearish stance has been taken on Target (NYSE:TGT) by a large investor or institution, as indicated by unusual options trading activity. The sentiment among these big-money traders is 70% bearish and 30% bullish. The options trades include 4 puts totaling $1,564,272 and 6 calls totaling $409,452. The price range targeted by these whales over the last 3 months is from $90.0 to $195.0.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 7:05 pm

F

Benzinga's options scanner detected over 12 options trades for Ford Motor (NYSE:F) totaling $954,701. Whales have been targeting a price range from $10.0 to $13.0 for Ford Motor over the last 3 months. The price of F is up 0.51% at $11.93. Morgan Stanley downgraded its action to Overweight with a price target of $16, while Daiwa Capital and JP Morgan maintained their Neutral and Overweight ratings respectively, with a price target of $13 and $16. Benchmark downgraded its action to Buy with a price target of $20, and Jefferies downgraded its action to Hold with a price target of $15.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 7:05 pm

BCHUSD

Bitcoin Cash (CRYPTO: BCH) has seen a 5.23% increase in price over the past 24 hours, reaching $193.9. This is in contrast to its 11.0% loss over the past week. The coin's trading volume has decreased by 53.0% over the past week, while its circulating supply has increased by 0.13%, bringing the total to 19.48 million. The current market cap ranking for BCH is #19 at $3.77 billion.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 7:00 pm

TRXUSD

TRON's (CRYPTO: TRX) price has risen 3.58% to $0.08 in the past 24 hours, continuing its positive trend over the past week with a 2.0% gain. The coin's trading volume has climbed 10.0% over the past week and the circulating supply has increased 0.05% to 89.39 billion. The current market cap ranking for TRX is #11 at $6.92 billion.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 7:00 pm

AZO

A significant amount of unusual options activity has been observed for AutoZone (NYSE:AZO), indicating a bullish stance by a large investor or institution. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The options trades include 5 puts totaling $189,764 and 5 calls totaling $292,960. The targeted price range for AutoZone over the last 3 months is from $1040.0 to $3000.0. The current price of AZO is up 0.98% at $2474.3.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 6:34 pm

GS

A whale investor has taken a bearish stance on Goldman Sachs Gr (NYSE:GS), with 60% of the trades being bearish and 40% bullish. The total amount for puts is $1,984,624 and for calls is $232,367. The targeted price range for Goldman Sachs Gr over the last 3 months is from $290.0 to $330.0. The current price of GS is up 0.85% at $321.49. Atlantic Equities, Oppenheimer, and Citigroup have given price targets of $351, $461, and $400 respectively.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 6:33 pm

CDNS

A significant amount of unusual options activity has been observed for Cadence Design Sys (NASDAQ:CDNS), with a majority of investors taking a bullish stance. The trades include 3 puts amounting to $126,484 and 8 calls amounting to $316,872. The targeted price range for Cadence Design Sys over the last 3 months has been from $165.0 to $290.0. The current price of CDNS is up 3.54% at $233.5. Keybanc, Needham, Rosenblatt, and B of A Securities have maintained their ratings on Cadence Design Sys with varying price targets.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 6:33 pm

BITO

BLOK

URA

URNM

Small-cap ETFs with AUM between $400 million and $2 billion were screened for weekly returns. Sprott Uranium Miners ETF (URNM) and Global X Uranium ETF (URA) were the winners, up 7.64% and 5.44% respectively. ProShares Bitcoin Strategy ETF (BITO) and Amplify Transformational Data Sharing ETF (BLOK) were the losers, down 11.81% and 8.56% respectively. URNM and URA offer exposure to the uranium mining industry, while BITO and BLOK offer exposure to Bitcoin and blockchain technology respectively.

Portfolio Pulse from Johnny Rice

August 23, 2023 | 6:08 pm

DAUG

PKW

USRT

VXX

Mid-cap ETFs have seen significant changes in their net assets over the past week. Winners include Invesco BuyBack Achievers ETF (PKW) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX), which added $310.20 million and $63.85 million in AUM respectively. Losers include FT Cboe Vest U.S. Equity Deep Buffer ETF - August (DAUG) and iShares Core U.S. REIT ETF (USRT), which lost $337.71 million and $107.02 million in net assets respectively.

Portfolio Pulse from Johnny Rice

August 23, 2023 | 6:06 pm