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Equity Actions

FTEL

Fitell Corp has filed with the SEC for a firm commitment underwritten public offering of 8 million ordinary shares. This move indicates the company's intention to raise capital through the sale of these shares to the public.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 7:56 pm

Visteon (NASDAQ:VC), an automotive supplier, has received mixed analyst ratings over the last three months, with a recent shift towards a somewhat bearish outlook. The average 12-month price target for VC is $142.67, marking a slight increase from the previous target. Despite a -1.17% decline in revenue growth and a market capitalization below industry benchmarks, Visteon showcases strong profitability with a net margin of 6.51%, an ROE of 9.24%, and an ROA of 2.82%. The company's debt-to-equity ratio is also below industry norms, indicating a sound financial structure.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 7:00 pm

INST

Instructure Holdings (NYSE:INST) has received mixed analyst ratings over the past quarter, with a recent consensus showing 3 bullish and 1 somewhat bullish ratings. The 12-month price target averages at $30.00, with a high of $32.00 and a low of $28.00. Analyst actions include adjustments to ratings and price targets by Keybanc, Citigroup, Needham, and Jefferies, reflecting dynamic market conditions and company performance. Instructure Holdings, an education technology company, has shown a revenue growth rate of 10.2% as of September 30, 2023, but faces challenges in ROE and net margin compared to industry averages.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 7:00 pm

NET

Cloudflare (NYSE:NET) has seen a balanced mix of bullish and bearish options trading activity, with significant investors targeting a price range of $80.0 to $130.0 over the next three months. The trading volume and open interest for Cloudflare's options have been analyzed, revealing notable trades and sentiments. Cloudflare's current trading volume is 2,000,262, with a price decrease of -4.1%, and an RSI indicating a potential overbought situation. Professional analysts have set an average price target of $110.4 for Cloudflare, with varying ratings from Neutral to Buy.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 6:45 pm

AAPL

AMZN

INTC

MSFT

Amazon.com Inc (NASDAQ:AMZN) is set to join the Dow Jones Industrial Average on Feb. 26, causing its stock to trade higher. Historical examples like Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), and Intel (NASDAQ:INTC) show that joining the DJIA might lead to initial stagnant stock performance before significant growth. However, Amazon's current technical setup suggests a favorable outlook, with indicators like the 50-day and 200-day SMAs supporting a 'Buy' signal. Investors are advised to be cautious due to the mixed historical performance of tech stocks upon Dow inclusion.

Portfolio Pulse from Surbhi Jain

February 21, 2024 | 6:31 pm

CFB

CrossFirst Bankshares (NASDAQ:CFB) has been analyzed by 5 analysts, showing a shift towards a more bullish stance over the past three months. The average 12-month price target has increased to $17.4, reflecting a 6.55% rise from the previous target of $16.33. Analysts from firms like Keefe, Bruyette & Woods and Stephens & Co. have raised their price targets, indicating a positive outlook on CFB's performance. The company's financial health is strong, with notable revenue growth, high net margin, and exceptional ROE and ROA, despite a smaller market capitalization compared to industry peers.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 6:00 pm

BLDR

CAR

EMR

FDX

PAYC

PCTY

UAL

UBER

Today's session highlighted significant whale activity in the options market for 10 industrials stocks, indicating bearish sentiment for most, except for CAR which showed bullish sentiment. The activity involved both put and call options across various expiration dates and strike prices, with notable trades for companies like EMR, WM, BLDR, UBER, BA, FDX, UAL, PCTY, PAYC, and CAR.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 5:35 pm

ABNB

AMZN

BABA

CHWY

CZR

DASH

NKE

TCOM

TSLA

WING

Today's session highlighted unusual options activity for 10 consumer discretionary stocks, indicating potential trading opportunities. The activity includes both bullish and bearish sentiments across various companies like TSLA, NKE, AMZN, and others, with details on trade types, sentiments, expiration dates, and volumes.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 5:35 pm

AAPL

AMD

MARA

MSFT

NVDA

Today's session highlighted significant options activity for 10 Information Technology stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions and divergences in market estimations of option values. Notable activities include bullish calls on NVDA and MU, bullish puts on AMD and SMCI, and bearish calls on MARA, ARM, AAPL, MSFT, and ZS. The activity suggests varied investor sentiment across these stocks, with specific details on trade types, sentiments, expiration dates, strike prices, and volumes.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 5:35 pm

AVUV

CALF

DFAS

IJR

SCHA

SPSM

SSEUF

VBK

VTWO

Small-cap ETFs have seen record inflows, with over $3.5 billion in a week, led by retail investors. Pacer US Small Cap Cash Cows ETF and Vanguard Small-Cap ETF are top performers. Despite the influx, small caps are still undervalued. Bank of America predicts a bullish outlook for small caps, potentially outperforming large caps in 2024 with an expected 10% annual return.

Portfolio Pulse from Piero Cingari

February 21, 2024 | 5:28 pm