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Stock Prices

DXCM

DexCom's shares are trading lower without any apparent news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 7:32 pm

SPY

The market on close imbalance is leaning towards the buy-side with $627M. This could potentially impact the SPY ETF.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 7:32 pm

CAT

A significant investor has taken a bearish stance on Caterpillar (NYSE:CAT), with 81% of the investors opening trades with bearish expectations. The whales have been targeting a price range from $210.0 to $290.0 for Caterpillar over the last 3 months. DA Davidson downgraded its action to Neutral with a price target of $263, while Citigroup maintained their Neutral rating on Caterpillar, with a price target of $270.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 7:31 pm

VMW

A significant bullish stance has been taken on VMware (NYSE:VMW) as indicated by unusual options activity. The sentiment among these big-money traders is split between 70% bullish and 29% bearish. The whales have been targeting a price range from $120.0 to $212.6 for VMware over the last 3 months. The price of VMW is currently up 5.32% at $166.91.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 7:31 pm

CVNA

GME

Carvana Co (NYSE:CVNA) reported Q2 revenue of $2.97 billion, beating analyst estimates, and announced an offering of up to $1 billion. The stock soared over 30%, with Jim Cramer likening the situation to GameStop (NYSE:GME) due to high short interest. Carvana also announced an agreement to reduce total debt, extend maturities, and lower near-term cash interest expenses.

Portfolio Pulse from Adam Eckert

July 19, 2023 | 7:28 pm

PXD

A whale investor has shown bullish stance on Pioneer Natural Resources (NYSE:PXD) with 50% of the investors opening trades with bullish expectations and 50% with bearish. The whale trades have targeted a price range from $160.0 to $215.0 for Pioneer Natural Resources over the last 3 months. The current price of PXD is down -0.2% at $210.71. RSI indicators suggest the stock may be approaching overbought. Next earnings are expected in 13 days.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 7:16 pm

WFC

A large investor has taken a bullish stance on Wells Fargo (NYSE:WFC), with 37 uncommon options trades spotted for the company. The sentiment of these trades is split between 64% bullish and 35% bearish. The whales have been targeting a price range from $20.0 to $57.5 for Wells Fargo over the last 3 months. The price of WFC is up 2.05% at $46.53, and RSI indicators suggest the stock may be overbought.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 7:16 pm

NFLX

Netflix, Inc (NASDAQ:NFLX) is set to release its Q2 earnings report after the market close on Tuesday. The company's stock has been trending higher since March 13, surging about 66%. For Q2, analysts expect Netflix to report earnings per share of $2.85 on revenues of $8.29 billion. The company's stock looks neutral heading into the event, trading in an inside bar pattern but with its relative strength index trending in overbought territory. A negative reaction to their earnings print could increase volatility in the stock market.

Portfolio Pulse from Melanie Schaffer

July 19, 2023 | 7:11 pm

SPIKE

TSLA

Tesla, Inc (NASDAQ:TSLA) is set to kick off the big tech earnings season with its Q2 report. Analysts estimate earnings per share of 82 cents on revenues of $24.48 billion. Ahead of the event, Wells Fargo maintained an Equal-Weight rating on Tesla and raised a price target from $170 to $265. Wedbush analyst Daniel Ives reiterated an Outperform rating and maintained a price target of $300 and Morgan Stanley analyst Adam Jonas reiterated an Equal-Weight rating with a $250 price target. Tesla's stock looks neutral heading into the event, trading in an uptrend but in need of a pullback.

Portfolio Pulse from Melanie Schaffer

July 19, 2023 | 7:08 pm

AMTB

Amerant Bancorp (NASDAQ:AMTB) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an EPS of $0.20. The company's past performance shows a pattern of share price changes following earnings announcements. Last quarter, the company missed EPS by $0.10, resulting in a 4.39% drop in share price. The company's shares are currently trading at $19.19, down 26.35% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 7:02 pm