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MDB

A whale investor has taken a bullish stance on MongoDB (NASDAQ:MDB), with 50% of investors opening trades with bullish expectations and 50% with bearish. The total amount for puts is $661,603 and for calls is $1,500,345. Whales have been targeting a price range from $70.0 to $590.0 for MongoDB over the last 3 months. The price of MDB is up 4.41% at $369.94. Citigroup has maintained their Buy rating on MongoDB, with a price target of $455.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 5:15 pm

AMAT

A significant amount of unusual options activity has been observed for Applied Mat (NASDAQ:AMAT), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $115.0 to $200.0 for Applied Mat over the last 3 months. The stock's current price is up 3.01% at $149.8. Analysts from TD Cowen, Goldman Sachs, Mizuho, Morgan Stanley, and Berenberg have maintained their positive ratings on the stock, with price targets ranging from $139 to $175.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 5:15 pm

GBTC

MSTR

MicroStrategy Incorporated (NASDAQ:MSTR) shares are trading higher after the U.S. Court of Appeals ruled the SEC was wrong to reject Grayscale Investments' spot Bitcoin ETF application. The court has ordered the SEC to review its rejection of the application from Grayscale to convert its Grayscale Bitcoin Trust (OTC:GBTC) into a spot Bitcoin ETF. Bitcoin is trading up more than 5% and MicroStrategy, the largest institutional holder of Bitcoin, is seeing its shares move higher on above-average trading volume.

Portfolio Pulse from Erica Kollmann

August 29, 2023 | 5:15 pm

GRTX

Analysts have provided mixed ratings for Galera Therapeutics (NASDAQ:GRTX) in the last quarter, with 1 bullish and 3 indifferent ratings. The company's average price target has decreased by 57.38% from the previous average price target of $4.13 to $1.76. The high and low price targets are $6.00 and $0.25 respectively.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 5:01 pm

VERV

Over the past 3 months, 4 analysts have published their opinion on Verve Therapeutics (NASDAQ:VERV) stock. The company has an average price target of $34.25, representing a 38.84% decrease from the previous average price target of $56.00. Two analysts have given bullish ratings, while two remained indifferent.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 5:01 pm

FYBR

Analysts have provided various ratings for Frontier Communications (NASDAQ:FYBR) within the last quarter, with an average price target of $25.5, implying an upside from the current price of $16.015. The current average has decreased by 15.0% from the previous average price target of $30.00.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 5:01 pm

MRO

Marathon Oil's (NYSE:MRO) short percent of float has fallen 12.32% since its last report, with 9.81 million shares sold short, which is 1.85% of all regular shares available for trading. It would take traders 1.0 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 6.43%.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 5:01 pm

IEX

IDEX's (NYSE:IEX) short percent of float has risen 11.56% since its last report, with 1.46 million shares sold short, which is 2.22% of all regular shares available for trading. It would take traders 2.96 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. IDEX's peer group average for short interest as a percentage of float is 3.35%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 5:01 pm

MNST

Monster Beverage (NASDAQ:MNST) has outperformed the market over the past 10 years by 9.96% on an annualized basis, producing an average annual return of 20.51%. If an investor had bought $100 of MNST stock 10 years ago, it would be worth $645.87 today.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 5:01 pm

RUM

Rumble's (NYSE:RUM) short percent of float has risen 3.17% since its last report, with 10.85 million shares sold short, which is 14.0% of all regular shares available for trading. It would take traders 9.48 days to cover their short positions on average. The company's short interest is higher than its peer group average of 5.37%. Short interest can act as an indicator of market sentiment towards a stock.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 5:01 pm