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Equity Actions

BLK

GBTC

Bitcoin spot ETFs have seen a 15-day streak of net inflows, totaling $477 million on Feb. 15, with BlackRock's IBIT leading at $330 million in one day. Despite this, Grayscale's GBTC experienced a net outflow of $174 million, indicating a competitive landscape and investor preference for specific ETFs. IBIT's total net inflow has reached $5.17 billion, showcasing its dominance in the market. This trend reflects growing mainstream interest in cryptocurrency investments and the maturation of the cryptocurrency market.

Portfolio Pulse from Murtuza Merchant

February 16, 2024 | 5:50 pm

TENX

CVI Investments, Inc. has reported a 9.9% stake in Tenax Therapeutics as of February 8, 2024, according to a 13G filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 5:45 pm

SO

Southern Co announced the offering of the Southern Investment Plan, a direct stock purchase and dividend reinvestment plan. The plan is related to 11.6 million shares of common stock, with a $5 par value. The company will only receive proceeds from the purchase of common stock under this plan if the stock is issued directly by the company, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 5:43 pm

SO

Southern Co has filed for a mixed shelf offering with the SEC, though the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 5:41 pm

AMZN

BABA

DASH

DKNG

HLT

NKE

PLNT

QS

TJX

TSLA

Today's session highlighted unusual options activity in the Consumer Discretionary sector, tracking large transactions by 'whales'. Notable activity was observed in stocks like TSLA, BABA, AMZN, NKE, DASH, PLNT, TJX, DKNG, QS, and HLT, with various sentiments and expiration dates. This could indicate potential trading opportunities based on the divergence of market estimation from normal value.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 5:35 pm

LNG

Bill Baruch announced on CNBC that he has trimmed his position in Cheniere Energy, potentially indicating a shift in his investment strategy or outlook on the company.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 5:30 pm

TSLA

On a live CNBC segment, Bill Baruch announced that he has increased his investment in Tesla, signaling a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 5:28 pm

NKE

15 analysts have recently provided mixed ratings for Nike (NYSE:NKE), with a consensus 12-month price target of $122.67, reflecting a 1.45% increase from the previous target. The ratings range from 'Buy' to 'Neutral', with several analysts adjusting their price targets. Nike's financial overview shows a positive revenue trend, superior market capitalization, and strong financial health indicators such as net margin, ROE, and ROA. The company's prudent debt management is also highlighted.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 5:00 pm

ODFL

Old Dominion Freight Line, Inc. (NASDAQ:ODFL) announced a two-for-one stock split, effective March 27, 2024, for shareholders of record as of March 13, 2024. This will double the number of shares to approximately 217,600,000.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 4:25 pm

CJET

Chijet Holdings Limited has reported a 31.45% stake in Chijet Motor Company as of June 1, 2023, according to a 13D filing with the SEC. Following the announcement, shares of Chijet Motor Company spiked higher.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 4:10 pm