Streetbeat News

Equity Actions

MAIA

MAIA Biotechnology, Inc. (NYSE:MAIA) announced a private placement of common stock and warrants, raising approximately $2.9 million. Independent director Stan V. Smith, Ph.D., purchased 170,940 shares, highlighting his confidence in MAIA's cancer therapies. The placement involved the sale of 2,043,587 shares at $1.17 each. This move underscores the directors' belief in MAIA's innovative approach to targeting difficult-to-treat cancers.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:01 pm

FDS

FactSet Research Systems (NYSE:FDS) received mixed analyst ratings with 3 indifferent and 1 bearish over the past three months. The average 12-month price target is $453.0, reflecting a 5.72% increase from the previous $428.50. Analyst actions include maintaining, raising, and lowering ratings with price targets adjusted accordingly. FactSet's financial performance shows positive revenue growth, high net margin, ROE, and ROA, but faces challenges in market capitalization and debt management.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 7:00 pm

ARKK

COIN

SARK

Coinbase Global, Inc (NASDAQ:COIN) reached a 27-month high of $276.38, showing strength despite a retracement in Bitcoin and Ethereum. JMP analyst Devin Ryan maintained a $300 price target for Coinbase, highlighting its growth prospects. Meanwhile, Ark Invest sold 199,526 Coinbase shares through ARKK, ARKW, and ARKF. Traders bearish on ARKK may consider SARK, which shorts disruptive innovation. Coinbase's stock is forming a potential bull flag pattern, indicating a possible uptrend towards $318.

Portfolio Pulse from Melanie Schaffer

March 22, 2024 | 6:54 pm

YOU

CLEAR announced a special cash dividend and an increase in its share repurchase authorization, leading to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 6:27 pm

DPZ

PZZA

Papa John's CEO Rob Lynch is set to depart on April 30, surprising analysts given his role in the company's recovery. BMO Capital Markets analyst Andrew Strelzik lowered Papa John's (PZZA) price target from $90 to $80, citing leadership changes and competitive pressures. The departure raises questions about the company's future initiatives and performance. Despite near-term challenges, the long-term outlook remains positive, with the company seen as undervalued.

Portfolio Pulse from Shivani Kumaresan

March 22, 2024 | 6:27 pm

Recent options trading trends for C3.ai (NYSE:AI) show a bearish sentiment among financial giants, with 62% of trades indicating bearish tendencies. The trading activity suggests a target price range of $22.5 to $35.0 for C3.ai. Notable options activity includes both bullish and bearish trades with varying expiration dates and strike prices. C3.ai, an enterprise AI company, is currently trading at $28.09, with a slight decrease of -1.02%. Analyst ratings from Piper Sandler, B of A Securities, and Canaccord Genuity offer mixed views, with target prices ranging from $20 to $33.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 6:16 pm

ERJ

LYFT

NKLA

SYM

UAL

UBER

UPS

VRT

Today's session highlighted significant options activity for industrials stocks, with notable trades for BA, LYFT, NKLA, ERJ, UPS, VRT, UAL, GE, SYM, and UBER. The activity ranged from bullish to bearish sentiments, involving both call and put options with varying expiration dates and strike prices. This options activity could indicate market expectations and potential trading opportunities based on the sentiments expressed through these large transactions.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 5:35 pm

BABA

TSLA

XPEV

Today's session highlighted significant whale activity in the consumer discretionary sector, with notable options trading on stocks like TSLA, F, JD, XPEV, BABA, PDD, DASH, AAP, CVNA, and LULU. The trades varied in sentiment from bearish to bullish, involving both put and call options across various expiration dates and strike prices. This activity could indicate upcoming market movements as large investors position themselves in these stocks.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 5:35 pm

AAPL

AMD

BOX

CIFR

DOCN

INTC

MSFT

NVDA

PANW

TSM

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 can signal shifts in market sentiment. Notable activity included bullish calls for NVDA, INTC, MSFT, AAPL, CIFR, and TSM, bearish calls for AMD and DOCN, and bullish puts for INTC, AAPL, and BOX. The activity suggests varying investor expectations for these stocks, with specific attention to strike prices and expiration dates.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 5:35 pm

HOOD

Robinhood shares are trading lower following the announcement that Co-Founder and Chief Creative Officer, Baiju Bhatt, will step down from his executive role.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 5:30 pm