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GE

A significant amount of unusual options activity has been observed for General Electric (NYSE:GE), with a mix of bullish and bearish stances. The trades include 3 puts amounting to $112,489 and 15 calls amounting to $768,345. Whales have been targeting a price range from $80.0 to $120.0 for GE over the last 3 months. The current price of GE is up 1.48% at $114.73, with RSI indicators suggesting it may be approaching overbought.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 8:15 pm

C

A significant amount of unusual options activity has been observed for Citigroup (NYSE:C), with 62% of investors opening trades with bullish expectations and 37% with bearish. The trades include 13 puts and 14 calls, with whales targeting a price range from $30.0 to $75.0 for Citigroup over the last 3 months. Analysts have mixed views on Citigroup, with ratings ranging from Outperform to Underweight and price targets from $45 to $88.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 8:15 pm

NSA

National Storage (NYSE:NSA) reported Q2 earnings of $0.68 per share, a 4.23% decrease YoY. The company's quarterly sales were $215.51M, missing the analyst consensus estimate of $216.35M by 0.39%. However, this is an 8.36% increase over sales of $198.89M the same period last year.

Portfolio Pulse from sunil@benzinga.com

August 07, 2023 | 8:15 pm

PAY

Paymentus Holdings (NYSE:PAY) reported Q2 earnings of $0.08 per share, beating the analyst consensus estimate of $0.01 by 700%. The company also reported quarterly sales of $148.94 million, surpassing the analyst consensus estimate of $144.36 million by 3.17%. This represents a 24.15% increase over sales of $119.97 million in the same period last year.

Portfolio Pulse from totan@benzinga.com

August 07, 2023 | 8:14 pm

HEAR

Turtle Beach (HEAR) maintains its FY23 revenue outlook of $265M-$270M, despite market estimates of $270.29M. The company expects 10-12% growth driven by the gaming markets. Adjusted EBITDA is expected to be $6M-$8M, with significant headwinds from competitive discounting and freight costs. The company has initiated efficiency measures that are expected to contribute to profitability, with a projected run-rate adjusted EBITDA of $25M-$30M by the end of 2023.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 8:13 pm

KNTK

Kinetik Holdings (NASDAQ:KNTK) reported Q2 earnings of $0.41 per share, beating the analyst consensus estimate of $0.32 by 28.12%. However, the company's quarterly sales of $296.20 million missed the analyst consensus estimate of $296.33 million by 0.04%. This represents a 583.33% increase in earnings and a 11.73% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:13 pm

VRT

Vertiv has announced the pricing of a secondary offering of 20 million shares of Class A common stock by VPE Holdings. The company's stock symbol is VRT.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:12 pm

HPK

HighPeak Energy (NASDAQ:HPK) reported Q2 earnings of $0.25 per share, missing the analyst consensus estimate of $0.45 by 44.44%. This is a 60.94% decrease from the same period last year. The company also reported quarterly sales of $240.76 million, missing the analyst consensus estimate of $245.84 million by 2.07%. However, this is a 19.53% increase from the same period last year.

Portfolio Pulse from vinayak@benzinga.com

August 07, 2023 | 8:11 pm

MED

Medifast reported Q2 earnings of $2.77 per share, beating the analyst consensus estimate of $1.44 by 92.36%. However, this is a decrease from $3.42 per share from the same period last year. The company also reported quarterly sales of $296.19 million, beating the analyst consensus estimate of $253.47 million by 16.85%, but this is a 34.66% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:09 pm

TDC

Teradata (NYSE:TDC) reported Q2 adjusted earnings of $0.48 per share, beating the analyst consensus estimate of $0.45 by 6.67%. This is a 45.45% increase from the same period last year. The company also reported quarterly sales of $462.00 million, surpassing the analyst consensus estimate of $443.77 million by 4.11%, a 7.44% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 8:07 pm