Streetbeat News

Equity Actions

AMGN

ARDX

CRNX

DHR

GEHC

HIMS

MRTX

SGEN

UNH

ZTS

The article reports on the recent options activity in the Health Care sector. It mentions 10 US-listed companies: Ardelyx (ARDX), UnitedHealth Group (UNH), GE Healthcare (GEHC), Zoetis (ZTS), Danaher Corporation (DHR), Crinetics Pharmaceuticals (CRNX), Amgen (AMGN), Seagen (SGEN), Hims & Hers Health (HIMS), and Mirati Therapeutics (MRTX). The article provides details on the type of options (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each company.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 5:35 pm

LCID

TSLA

Lucid Group, Inc. (NASDAQ:LCID) shares are trading lower, down more than 11% over the last five days and 22% over the last month. This comes as Lucid's EV competitor Tesla, Inc. (NASDAQ:TSLA) continues to roll out large price reductions on its EVs. Lucid is also attracting the attention of short-sellers and retail investors, with 17.47% of available shares being sold short.

Portfolio Pulse from Erica Kollmann

October 09, 2023 | 5:32 pm

EIS

SPY

USO

VGK

President Biden is set to discuss the latest developments in Israel with several close allies, according to the White House. The outcome of these discussions could potentially impact various ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 5:17 pm

CMG

A significant bullish stance has been taken on Chipotle Mexican Grill (NYSE:CMG) by a large investor, as indicated by unusual options trading activity. The sentiment among these big-money traders is split between 52% bullish and 47% bearish. Whales have been targeting a price range from $1570.0 to $1940.0 for Chipotle over the last 3 months. Analysts from TD Cowen and Truist Securities have downgraded their ratings but maintained high price targets.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 5:16 pm

EIS

SPY

USO

Israeli TV channels are reporting that at least 900 Israelis have been killed in the ongoing conflict between Israel and Hamas, according to Reuters. The conflict may have implications for the iShares MSCI Israel ETF (EIS), SPDR S&P 500 ETF Trust (SPY), and United States Oil Fund LP (USO).

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 5:06 pm

CRWD

EQT

FLEX

HUM

CNBC's Halftime Report discussed final trades including Humana, FLEX LNG Ltd., EQT Corp, and CrowdStrike. The stocks of these companies were mentioned as potential investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 5:00 pm

FBIO

Fortress Biotech, Inc. (NASDAQ:FBIO) has announced a 1-for-15 reverse stock split of its issued and outstanding common stock. The split is expected to commence trading on a split-adjusted basis on the Nasdaq Capital Market from October 10, 2023. The move is intended to bring the company into compliance with Nasdaq's $1.00 per share minimum bid price requirement for continued listing.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 4:57 pm

NVDA

Steve Weiss, a frequent guest on CNBC, announced that he has sold his Nvidia (NVDA) shares.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 4:17 pm

A significant bullish stance has been observed in Micron Technology's options activity, with 64% of investors opening trades with bullish expectations. Whales have been targeting a price range from $50.0 to $90.0 for Micron Technology over the last 3 months. Citigroup, Baird, Morgan Stanley, and Rosenblatt have given price targets of $85, $65, $58, and $100 respectively.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 4:16 pm

COST

The article provides a detailed comparison of Costco Wholesale (NASDAQ:COST) with its competitors in the Food & Staples Retailing industry. Costco's Price to Earnings ratio is significantly below the industry average, suggesting undervaluation. However, its Price to Book and Price to Sales ratios are higher than the industry average, indicating potential overvaluation in terms of book value and sales performance. Costco's Return on Equity is higher than the industry average, demonstrating efficient use of equity. However, its EBITDA and gross profit are lower than the industry average, indicating potential profitability challenges. Costco's revenue growth significantly exceeds the industry average, indicating strong sales performance.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 4:00 pm