Streetbeat News

Equity Actions

CAT

A significant amount of unusual options activity has been observed for Caterpillar (NYSE:CAT), with a majority of investors taking a bullish stance. The trades indicate a target price range of $200 to $260 for Caterpillar over the next three months. The current price of CAT is up 1.58% at $240.69. DA Davidson has downgraded its action to Neutral with a price target of $263, while Tigress Financial maintains a Buy rating with a price target of $282.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 8:31 pm

CRWD

CrowdStrike Holdings (NASDAQ:CRWD) has seen unusual options activity, with a majority of investors taking a bearish stance. The price range targeted by whales over the last 3 months is from $65.0 to $190.0. The current price of CRWD is up 1.74% at $144.28. Analysts have mixed opinions, with Needham and UBS maintaining a Buy rating with a price target of $170, while Stifel maintains a Hold rating with a price target of $128.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 8:31 pm

ASTC

Astrotech Corp has delivered a notice to H.C. Wainwright & Co to terminate its At-The-Market Offering Agreement, which was dated as of June 16.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 8:28 pm

OTEC

OceanTech Acquisitions I Corp. has deposited $30,000 into its trust account for public stockholders, extending the period to consummate a business combination until August 2, 2023.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 8:22 pm

JEF

Jefferies Financial Group has increased its share buyback authorization to $250 million.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 8:17 pm

NGMS

NeoGames has announced the appointment of Motti Gil as CFO, effective from August 1, 2023. He will succeed Raviv Adler, who is stepping down on July 31, 2023, to pursue another opportunity. Gil and Adler will work closely to ensure a seamless transition.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 8:16 pm

XPON

Expion360 Inc has filed for a mixed shelf offering of up to $50 million, according to a SEC filing.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 8:11 pm

FLGC

Flora Growth Corp. (NASDAQ:FLGC) has appointed Clifford Starke as CEO and Dany Vaiman as CFO. Starke, the former President of the company, replaces Hussein Rakine, who will remain on the board. Vaiman replaces Elshad Garayev, who will stay on as an advisor. The company also announced it has regained compliance with NASDAQ's minimum bid requirement. Starke believes the cannabis industry is at a critical juncture and sees potential for Flora to emerge as a premier international company.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 8:08 pm

CMRX

Chimerix has announced the promotion of Michael T. Andriole to President and CEO, effective August 1, 2023. He will replace Mike Sherman, who is retiring from his role as CEO and will become Chairman of the Board of Directors. Martha Demski, the current Board Chair, will assume the role of Lead Independent Director.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 8:07 pm

NCMI

National CineMedia's plan of reorganization has been confirmed by the US Bankruptcy Court. The company is expected to emerge from Chapter 11 around August or September 2023. The plan will eliminate the company's debt through the equitization of its secured debt. National CineMedia, Inc. (NASDAQ:NCMI) will continue to serve as the manager of NCM LLC.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 8:03 pm