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BTCUSD

Bitcoin's price has decreased by 4.43% over the past 24 hours to $27,850.00, continuing its downward trend over the past week of -5.0%. The trading volume for the coin has increased 76.0% over the past week while the overall circulating supply of the coin has increased 0.05% to over 19.46 million.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:00 pm

OXY

Occidental Petroleum's (NYSE:OXY) short percent of float has fallen 3.84% since its last report, with 45.63 million shares sold short, which is 9.27% of all regular shares available for trading. It would take traders 5.58 days to cover their short positions on average. The company has more short interest than most of its peers, with an average of 0.38% for its peer group.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:00 pm

TAK

Takeda Pharmaceutical's (NYSE:TAK) short percent of float has fallen 11.54% since its last report, indicating a more bullish sentiment towards the stock. The company has 7.25 million shares sold short, which is 0.23% of all regular shares available for trading. Compared to its peers, Takeda has less short interest as a percentage of float, with an average of 4.45%.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:00 pm

ISUN

Over the last quarter, iSun (NASDAQ:ISUN) has received four bullish analyst ratings. The average 12-month price target for the company is $2.12, a decrease of 15.2% from the previous average of $2.50. No bearish or indifferent ratings were observed.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:00 pm

ETHUSD

Ethereum's (CRYPTO: ETH) price has fallen 4.82% to $1,734.15 over the past 24 hours, continuing its negative trend over the past week with a 6.0% loss. The trading volume for the coin has climbed 110.0% over the past week, while the overall circulating supply has decreased 0.03% to 120.14 million. The current market cap ranking for ETH is #2 at $208.40 billion.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 7:00 pm

RUN

KeyBanc Capital Markets analyst Sophie Karp has reiterated the Overweight rating on Sunrun Inc. (NASDAQ:RUN), but lowered the price target from $27 to $24. This follows Sunrun's mixed Q2 results, with revenue missing estimates but earnings beating them. Despite satisfactory customer growth, Sunrun's revenues and cash flow generation were lower due to a gradual recovery in CA demand and post-inflationary working capital hangover. The company is sticking to its original 2023 guidance, leading the analyst to pare back 2023 estimates.

Portfolio Pulse from Nabaparna Bhattacharya

August 17, 2023 | 6:55 pm

BZH

CCS

DHI

HOV

KBH

LEN

LGIH

PHM

Housing and homebuilding stocks are trading lower due to rising rates. Redfin CEO Glenn Kelman made bearish comments on the sector, adding to the pressure.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 6:54 pm

MELI

A significant bearish stance has been taken on MercadoLibre (NASDAQ:MELI) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $580.0 to $1660.0 for MercadoLibre over the last 3 months. The current price of MELI is down -2.6% at $1215.06. Major financial institutions like Goldman Sachs, Jefferies, Credit Suisse, Barclays, and JP Morgan have maintained their ratings on MercadoLibre.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 6:46 pm

BMY

A significant investor has taken a bullish stance on Bristol-Myers Squibb (NYSE:BMY), with 70% of recent trades being bullish and 30% bearish. The total amount for put options is $109,642 and for call options is $396,733. Whales have been targeting a price range from $40.0 to $62.0 for Bristol-Myers Squibb over the last 3 months. The current price of BMY is up 1.94% at $62.12. Analysts have mixed ratings on the stock, with price targets ranging from $59 to $85.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 6:46 pm

MRVL

A significant bearish stance has been taken on Marvell Tech (NASDAQ:MRVL) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 41% bullish and 58% bearish. The whales have been targeting a price range from $50.0 to $95.0 for Marvell Tech over the last 3 months. The price of MRVL is currently up 0.87% at $57.87. Stifel and Barclays maintain a Buy and Overweight rating on Marvell Tech respectively, both with a price target of $75. Wolfe Research downgraded its action to Outperform with a price target of $80.

Portfolio Pulse from Benzinga Insights

August 17, 2023 | 6:46 pm