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SPG

A significant bearish stance has been taken on Simon Property Group (NYSE:SPG) by a whale investor. Out of the 10 unusual trades detected, 70% were bearish and 30% bullish. The total amount for the 8 puts was $391,923 and for the 2 calls was $125,800. The price target range for SPG over the last 3 months has been $110.0 to $130.0. The current price of SPG is up 1.64% at $123.52. UBS, Wolfe Research, and Stifel have maintained their ratings on SPG with price targets of $121, $127, and $139 respectively.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 8:01 pm

AWK

American Water Works Inc. (NYSE:AWK) has seen its shares fall by 4.98% in the past three months. The company's total debt stands at $11.33 billion, with net debt at $11.11 billion after adjusting for cash-equivalents. The company's debt ratio is 0.4, indicating a moderate level of financial leverage. Debt is an important factor in a company's capital structure and can contribute to its growth.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 7:45 pm

VMW

A significant bullish stance has been taken on VMware (NYSE:VMW) as indicated by unusual options activity. The sentiment among these big-money traders is split between 70% bullish and 29% bearish. The whales have been targeting a price range from $120.0 to $212.6 for VMware over the last 3 months. The price of VMW is currently up 5.32% at $166.91.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 7:31 pm

WFC

A large investor has taken a bullish stance on Wells Fargo (NYSE:WFC), with 37 uncommon options trades spotted for the company. The sentiment of these trades is split between 64% bullish and 35% bearish. The whales have been targeting a price range from $20.0 to $57.5 for Wells Fargo over the last 3 months. The price of WFC is up 2.05% at $46.53, and RSI indicators suggest the stock may be overbought.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 7:16 pm

ELV

Unusual options activity has been observed for Elevance Health (NYSE:ELV), with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 60% bullish and 40% bearish. The whales have been targeting a price range from $350.0 to $550.0 for Elevance Health over the last 3 months. The price of ELV is up 4.93% at $465.56, and RSI indicators suggest the stock may be approaching overbought.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 7:01 pm

OPUSD

Optimism's (CRYPTO: OP) price has risen 11.06% to $1.61 in the past 24 hours, continuing its positive trend over the past week with a 31.0% gain. The trading volume for the coin has increased 169.0% over the past week while the overall circulating supply of the coin has increased 5.12% to over 679.08 million. The current market cap ranking for OP is #41 at $1.08 billion.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 7:01 pm

HBARUSD

Hedera's (CRYPTO: HBAR) price has risen 8.16% to $0.06 in the past 24 hours, continuing its positive trend over the past week with a 16.0% gain. The trading volume for the coin has risen 402.0% over the past week, while the circulating supply has decreased 0.2% to 32.30 billion. The current market cap ranking for HBAR is #33 at $1.82 billion.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 7:00 pm

ADAUSD

Cardano's (CRYPTO: ADA) price has increased by 5.47% over the past 24 hours to $0.32. Over the past week, ADA has seen an uptick of over 9.0%. The trading volume for the coin has increased 118.0% over the past week, while the overall circulating supply of the coin has decreased 0.81%. The current market cap ranking for ADA is #8 at $11.28 billion.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 7:00 pm

WMT

A significant bearish stance on Walmart (NYSE:WMT) has been observed through unusual options activity. The sentiment among big-money traders is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $125.0 to $155.0 for Walmart over the last 3 months. Morgan Stanley has downgraded its action to Overweight with a price target of $160.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 6:45 pm

AMRN

AQMS

CVNA

HROW

PBLA

SEV

US stocks traded mixed with the Nasdaq Composite moving lower. U.S. crude oil inventories declined less than projected. Harrow Health, Panbela Therapeutics, and Carvana saw their shares rise after positive news, while Sono Group, Amarin Corporation, and Aqua Metals saw their shares drop due to negative developments.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 6:38 pm