Streetbeat News

Order Imbalances

MARA

Marathon Digital Holdings (NASDAQ:MARA) has seen unusual options activity, with a significant bearish sentiment among investors. The options activity suggests a focus on a price range between $17.0 and $32.0. The stock is currently down 5.39% at $17.56, with a neutral RSI. An analyst from JP Morgan maintains an Underweight rating with a $12 price target.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 2:31 pm

UPST

Deep-pocketed investors are showing a bearish sentiment towards Upstart Holdings (NASDAQ:UPST), with significant options activity indicating potential price movements. The majority of options are bearish, focusing on a price range between $25.0 and $44.0. Current trading volume is high, and the stock is slightly down, with RSI indicators suggesting it may be overbought.

Portfolio Pulse from Benzinga Insights

August 27, 2024 | 2:31 pm

MELI

MercadoLibre Inc. (MELI) experienced a 1.5% increase following a TradePulse Power Inflow alert, indicating a shift from net selling to buying. This suggests rising investor confidence and potential for an uptrend in MELI's stock.

Portfolio Pulse from Finit

August 27, 2024 | 1:55 pm

C

Deep-pocketed investors are showing a bearish sentiment towards Citigroup (NYSE:C), as revealed by Benzinga's options scanner. The activity includes 19 extraordinary options, with 47% of investors bearish. The price target for Citigroup ranges from $45 to $80, with significant options activity noted. Citigroup's stock is currently neutral, with a recent price of $61.79, and an analyst from Morgan Stanley maintains an Overweight rating with a target price of $79.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 8:30 pm

UPS

Deep-pocketed investors have shown a bearish sentiment towards United Parcel Service (UPS) through significant options activity, with 62% of the trades being bearish. This unusual activity suggests potential upcoming changes for UPS, which is currently trading at $128.69. An analyst from TD Cowen has downgraded UPS to Hold with a price target of $144.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 6:45 pm

TFX

Teleflex's short interest has decreased by 43.78%, with 361,000 shares sold short, representing 1.22% of its float. This is lower than the peer group average of 4.60%. The decrease in short interest may indicate a more bullish sentiment towards Teleflex.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 5:45 pm

BKNG

Booking Holdings Inc. (NASDAQ: BKNG) experienced a significant Power Inflow signal, indicating a shift from net selling to net buying, suggesting a short-term uptrend. The stock rose 35 points, highlighting increased investor confidence.

Portfolio Pulse from Finit

August 26, 2024 | 3:56 pm

LBRT

Liberty Energy (NYSE:LBRT) has seen a 10.52% increase in its short percent of float, now at 15.13%, significantly higher than its peers' average of 6.58%. This indicates a bearish sentiment among investors, although it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 3:45 pm

CAVA

Cava Group (NYSE:CAVA) has seen a surge in options trading, with a majority of trades being bullish. Whales are targeting a price range of $60 to $170. The stock is currently up 4.05% at $126.94, but RSI indicators suggest it may be overbought. Analysts have mixed ratings, with price targets ranging from $110 to $122.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 2:30 pm

RMD

ResMed (NYSE:RMD) has seen a 5.02% increase in its short percent of float, now at 6.91%, indicating a bearish sentiment compared to its peers with an average of 4.34%. It would take traders 9.52 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 7:45 pm