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Equity Actions

FLT

ORCL

STX

UPS

CNBC's Halftime Report discussed final trades involving United Parcel Service (UPS), Oracle (ORCL), FleetCor Technologies (FLT), and Seagate Technology (STX).

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 5:01 pm

QCOM

A significant amount of unusual options activity has been detected for Qualcomm (NASDAQ:QCOM), with a bearish stance being taken by a majority of investors. Of the 10 strange trades detected, 60% were bearish and 40% bullish. The total amount for the 7 puts was $409,638 and for the 3 calls was $115,945. Whales have been targeting a price range from $100.0 to $160.0 for Qualcomm over the last 3 months. The price of QCOM is currently down -0.71% at $113.23. Several experts have downgraded their ratings on Qualcomm, with price targets ranging from $100 to $145.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 4:48 pm

AMGN

A significant bearish stance has been taken on Amgen (NASDAQ:AMGN) by a large investor, as observed in the unusual options activity. The overall sentiment of these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $250.0 to $280.0 for Amgen over the last 3 months. HSBC downgraded its action to Buy with a price target of $320, while Truist Securities downgraded its action to Hold with a price target of $260.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 4:48 pm

AYRO

AYRO Inc. has announced a reverse stock split of its common stock at a ratio of 1 post-split share for every 8 pre-split shares. The common stock will begin trading on a split-adjusted basis from September 18.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 4:36 pm

CMND

UK-based venture studio Beckley Waves has raised $3.3 million in a funding round to expand safe and legal access to psychedelic therapies. The round was oversubscribed by 10% and included participation from several family and VC mission-aligned offices. The funds will be used for strategic investments into selected early-stage teams. In other news, Israeli biotech company Clearmind Medicine (NASDAQ:CMND) is pricing its US-only public offering, expecting to raise approximately $2.25 million. The offering consists of 7.5 million common shares and pre-funded warrants, and 7.5 million common warrants.

Portfolio Pulse from Lara Goldstein

September 15, 2023 | 4:09 pm

AXLA

Axcella Health has announced a 1-for-25 reverse stock split, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 4:07 pm

HCA

A significant bearish stance has been taken on HCA Healthcare (NYSE:HCA) as evidenced by unusual options activity. The overall sentiment of these big-money traders is 70% bearish and 30% bullish. The options scanner spotted 10 options trades for HCA Healthcare, with 9 being puts and 1 call. The price range targeted by these traders for HCA Healthcare over the last 3 months is from $250.0 to $300.0. The price of HCA is currently down -2.35% at $257.38. Cantor Fitzgerald and RBC Capital have both downgraded their actions with a price target of $315.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 4:03 pm

FXI

SPY

TikTok and the U.S. government have resumed negotiations, potentially paving the way for the app's survival in the U.S. market. This development could have implications for U.S.-listed ETFs like FXI and SPY.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 4:02 pm

LOW

A significant bearish stance has been taken on Lowe's Companies (NYSE:LOW) by a large investor or institution, as indicated by a large position in options. The sentiment among these big-money traders is split between 27% bullish and 72% bearish. The price target for Lowe's Companies over the last 3 months has been between $190.0 to $240.0. The stock price is currently down by 3.16% at $223.58. Analysts have mixed ratings on the company, with some maintaining their buy or overweight ratings and others downgrading to market perform or hold.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 3:33 pm

Samsara

Hedge-fund manager James Altucher's buyout trade newsletter has named Samsara as a stock pick. The newsletter suggests that Samsara, a company in the Internet of Things (IoT) sector, is a good investment opportunity.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 3:29 pm