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Equity Actions

FUFU

Antdelta Investment Limited has disclosed a 7.1% passive stake in BitFuFu, a move that could signal confidence in the company's future prospects or a strategic investment decision.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 9:03 pm

JWN

Nordstrom (NYSE:JWN) received mixed ratings from 9 analysts, with a consensus 12-month price target of $17.78, reflecting a 10.37% increase from the previous target. The ratings range from 'Hold' to 'Underweight', with adjustments made by analysts from firms like Jefferies, Goldman Sachs, and Citigroup. Despite a -6.37% revenue decline and a high debt-to-equity ratio, Nordstrom's net margin and ROE outperform industry benchmarks, indicating efficient cost management and strong financial health.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 7:00 pm

TGT

Recent options trading activity indicates a bearish stance on Target (NYSE:TGT) by big-money investors, with a notable split in sentiment: 23% bullish and 76% bearish. Benzinga's options scanner revealed 13 unusual trades, with a focus on a price band between $140.0 and $220.0. Significant trades include both calls and puts with varying sentiments and expiration dates. Target, the nation's sixth-largest retailer, has seen its stock price increase by 0.81% to $174.95, with analysts giving mixed reviews and price targets ranging from $160 to $191.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 6:01 pm

NYCB

Former Treasury Secretary Steven Mnuchin and a group of investors have invested over $1 billion in New York Community Bancorp Inc (NYSE:NYCB), aiming to transform it into a 'very attractive' regional bank. Mnuchin will join the board, and Joseph Otting will become CEO. The investment is seen as a lifeline but is 'tremendously dilutive' to shareholders. NYCB's shares rose 6.65% to $3.68 following the announcement.

Portfolio Pulse from Adam Eckert

March 07, 2024 | 5:36 pm

ABNB

AMZN

CAVA

JMIA

LULU

MELI

PVH

SHAK

TSLA

WYNN

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating potential trading opportunities based on whale alerts. These alerts, tracking large transactions, suggest varied sentiments across the stocks, with notable bearish and bullish positions on companies like TSLA, LULU, and AMZN among others. The activity spans a range of expiration dates and strike prices, reflecting diverse market expectations.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:35 pm

AAPL

ACMR

AVGO

CRWD

DELL

NOW

NVDA

PANW

SMCI

Today's session highlighted unusual options activity for several Information Technology stocks, indicating significant whale alerts. Notably, bearish sentiment dominated the call options for NVDA, MU, SMCI, DELL, AAPL, and PANW, while bullish sentiment was observed in AVGO, ACMR, and NOW call options, and CRWD put options. These activities suggest large investors' expectations on the future movements of these stocks, potentially impacting their short-term price direction.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:35 pm

DELL

Dell Technologies (NYSE:DELL) has seen unusual options activity, with a bearish sentiment from high-rolling investors. Benzinga's options scanner identified 33 trades, showing a split sentiment with 45% bullish and 54% bearish. The focus is on a price band between $50.0 and $160.0. Notable options activity includes both bearish and bullish calls with various expiration dates and strike prices. Dell's stock is up 0.68% at $119.3, with some analysts maintaining positive ratings despite a consensus target price of $108.4.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:31 pm

On a live CNBC segment, Josh Brown announced that he has sold his holdings in Zoom Video Communications (ZM).

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:31 pm

MCD

On a live CNBC segment, Josh Brown announced that he has sold his McDonald's stock. This move by a prominent investor could influence market perceptions and potentially impact McDonald's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:29 pm

NVDA

On a live CNBC segment, Brian Belski announced a trimmed position in Nvidia, indicating a change in investment strategy or outlook towards the company.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:17 pm