Stock traders – Taiyo 33 http://taiyo-33.com/ Wed, 21 Sep 2022 11:26:40 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://taiyo-33.com/wp-content/uploads/2021/11/taiyo-150x150.png Stock traders – Taiyo 33 http://taiyo-33.com/ 32 32 Stock traders are buying a high volume of put options on Pagaya Technologies (NASDAQ:PGY) https://taiyo-33.com/stock-traders-are-buying-a-high-volume-of-put-options-on-pagaya-technologies-nasdaqpgy/ Tue, 20 Sep 2022 17:22:23 +0000 https://taiyo-33.com/stock-traders-are-buying-a-high-volume-of-put-options-on-pagaya-technologies-nasdaqpgy/ Pagaya Technologies Ltd. (NASDAQ:PGY – Get Rating) recorded unusually large options trades on Tuesday. Equity investors bought 3,124 put options on the company. This represents an increase of approximately 45% from the average volume of 2,157 put options. A Wall Street analyst gives his opinion Separately, Moffett Nathanson assumed coverage of Pagaya Technologies shares in […]]]>

Pagaya Technologies Ltd. (NASDAQ:PGY – Get Rating) recorded unusually large options trades on Tuesday. Equity investors bought 3,124 put options on the company. This represents an increase of approximately 45% from the average volume of 2,157 put options.

A Wall Street analyst gives his opinion

Separately, Moffett Nathanson assumed coverage of Pagaya Technologies shares in a Monday, September 12 report. They set a “market performance” rating and a price target of $12.00 on the stock.

Pagaya Technologies shares down 62.9%

The NASDAQ PGY traded at $4.40 at midday on Tuesday, hitting $2.59. The stock had a trading volume of 255,639 shares, compared to an average trading volume of 315,857. Pagaya Technologies has a 12-month low of $2.42 and a 12-month high of $34.50. The company has a debt ratio of 0.13, a quick ratio of 5.31 and a current ratio of 5.31. The stock’s 50-day moving average is $14.22.

Hedge funds weigh on Pagaya Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC bought a new position in Pagaya Technologies in Q2 for a value of approximately $103,000. ExodusPoint Capital Management LP acquired a new equity stake in Pagaya Technologies in the second quarter worth approximately $113,000. Millennium Management LLC bought a new position in Pagaya Technologies during the second quarter for a value of approximately $301,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Pagaya Technologies in Q2 for $6,270,000. Finally, Whale Rock Capital Management LLC acquired a new stake in the shares of Pagaya Technologies in the 2nd quarter at a value of $48,660,000.

Company Profile Pagaya Technologies

(Get an evaluation)

Pagaya Technologies Ltd. operates as a fintech company in Israel, the United States and the Cayman Islands. It develops and implements proprietary artificial intelligence technology and related software solutions to help partners create loans and other assets. Its partners include high-growth fintech companies, incumbent financial institutions, auto finance providers and brokers.

See also

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MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Pagaya Technologies was not on the list.

While Pagaya Technologies currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

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Stock traders buy large volume of Itaú Unibanco call options (NYSE:ITUB) https://taiyo-33.com/stock-traders-buy-large-volume-of-itau-unibanco-call-options-nyseitub/ Tue, 20 Sep 2022 17:22:23 +0000 https://taiyo-33.com/stock-traders-buy-large-volume-of-itau-unibanco-call-options-nyseitub/ Itaú Unibanco Holding SA (NYSE:ITUB – Get Rating) was the target of unusually large options trades on Tuesday. Equity investors acquired 51,732 call options on the stock. This is an increase of approximately 1,488% from the typical volume of 3,258 call options. Itaú Unibanco share performance ITUB shares traded up $0.19 at midday on Tuesday, […]]]>

Itaú Unibanco Holding SA (NYSE:ITUB – Get Rating) was the target of unusually large options trades on Tuesday. Equity investors acquired 51,732 call options on the stock. This is an increase of approximately 1,488% from the typical volume of 3,258 call options.

Itaú Unibanco share performance

ITUB shares traded up $0.19 at midday on Tuesday, hitting $5.50. The stock recorded a trading volume of 1,193,496 shares, compared to an average volume of 28,172,074 shares. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt ratio of 2.33. The company’s fifty-day moving average is $4.83 and its 200-day moving average is $4.96. Itaú Unibanco has a 1-year low of $3.60 and a 1-year high of $5.89. The company has a market capitalization of $53.90 billion, a price/earnings ratio of 10.21, a PEG ratio of 0.55 and a beta of 0.81.

Itaú Unibanco announces a dividend

The company also recently unveiled a monthly dividend, which will be paid on Monday, November 14. Shareholders of record on Tuesday, October 4 will receive a dividend of $0.003 per share. The ex-dividend date is Monday, October 3. This represents a dividend of $0.04 on an annualized basis and a dividend yield of 0.65%. Itaú Unibanco’s payout ratio is currently 5.77%.

Itaú Unibanco Institutional Trading

A number of hedge funds have recently changed their holdings in ITUB. Allspring Global Investments Holdings LLC purchased a new equity stake in Itaú Unibanco in the second quarter worth approximately $25,000. Eagle Bay Advisors LLC acquired a new position in Itaú Unibanco during the second quarter worth $30,000. The Toronto Dominion Bank increased its stake in Itaú Unibanco by 42.5% during the second quarter. The Toronto Dominion Bank now owns 11,020 shares of the bank valued at $47,000 after buying 3,288 more shares last quarter. MGO One Seven LLC purchased a new equity stake in Itaú Unibanco during the second quarter worth approximately $50,000. Finally, Platinum Investment Management Ltd. increased its stake in Itaú Unibanco shares by 37.3% during the first quarter. Platinum Investment Management Ltd. now owns 9,491 shares of the bank worth $54,000 after purchasing an additional 2,579 shares in the last quarter. Hedge funds and other institutional investors hold 3.28% of the company’s shares.

Itaú Unibanco Company Profile

(Get an evaluation)

Itaú Unibanco Holding SA offers a range of financial products and services to individuals and businesses in Brazil and internationally. The Company operates through three segments: Retail Banking, Wholesale Banking and Market and Society Business. It offers various deposit products, as well as loans and credit cards; investment and commercial banking services; real estate loan services; financing and investment services; and leasing and currency exchange services.

Read more

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MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Itaú Unibanco was not on the list.

While Itaú Unibanco currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

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Brookfield Asset Management Inc. (NYSE:BAM) Brief Interest Update https://taiyo-33.com/brookfield-asset-management-inc-nysebam-brief-interest-update/ Tue, 20 Sep 2022 00:34:11 +0000 https://taiyo-33.com/brookfield-asset-management-inc-nysebam-brief-interest-update/ Brookfield Asset Management Inc. (NYSE:BAM – Get Rating) (TSE:BAM.A) was the target of a significant increase in short interest in August. As of August 31, there was short interest totaling 9,330,000 shares, an increase of 19.6% from the total of 7,800,000 shares as of August 15. Approximately 0.6% of the company’s shares are sold short. […]]]>

Brookfield Asset Management Inc. (NYSE:BAM – Get Rating) (TSE:BAM.A) was the target of a significant increase in short interest in August. As of August 31, there was short interest totaling 9,330,000 shares, an increase of 19.6% from the total of 7,800,000 shares as of August 15. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 1,470,000 shares, the days-to-cover ratio is currently 6.3 days.

Insider Activity at Brookfield Asset Management

In related news, Opps major shareholder Tpic Holdings, Llc sold 3,963,416 shares of Brookfield Asset Management in a trade dated Thursday, September 8. The shares were sold at an average price of $18.85, for a total transaction of $74,710,391.60. Following the sale, the insider now directly owns 12,263 shares of the company, valued at $231,157.55. The sale was disclosed in a filing with the SEC, which is available on the SEC’s website.

Hedge funds weigh on Brookfield Asset Management

A number of large investors have recently changed their positions in the company. Norges Bank purchased a new equity stake from Brookfield Asset Management in Q4 valued at approximately $810,807,000. Principal Financial Group Inc. increased its stake in shares of Brookfield Asset Management by 12.8% in the first quarter. Principal Financial Group Inc. now owns 43,430,538 shares of the financial services provider valued at $2,456,964,000 after purchasing an additional 4,943,494 shares last quarter. Goldman Sachs Group Inc. increased its stake in shares of Brookfield Asset Management by 166.2% in Q1. Goldman Sachs Group Inc. now owns 7,051,145 shares of the financial services provider valued at $398,883,000 after buying an additional 4,402,115 shares last quarter. FMR LLC increased its stake in shares of Brookfield Asset Management by 23.4% in Q2. FMR LLC now owns 22,743,081 shares of the financial services provider valued at $1,011,608,000 after purchasing an additional 4,315,285 shares last quarter. Finally, Select Equity Group LP purchased a new equity stake in Brookfield Asset Management in Q1 valued at approximately $200,315,000. Institutional investors and hedge funds own 59.54% of the company’s shares.

Changes to analyst ratings

A number of research companies have recently published reports on BAM. StockNews.com upgraded Brookfield Asset Management from a “sell” rating to a “hold” rating in a Tuesday, August 2 report. TD Securities raised its target price on Brookfield Asset Management from $72.00 to $73.00 and gave the stock a “buy on stock list” rating in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft lowered its price target on Brookfield Asset Management from $57.00 to $52.00 in a Wednesday, July 13 report. Three research analysts gave the stock a hold rating, four gave the company a buy rating and one gave the company a strong buy rating. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $66.50.

Brookfield Asset Management trades up 0.7%

NYSE BAM traded down $0.35 on Monday, hitting $48.38. 1,069,344 shares of the company were traded, with an average volume of 1,680,971. The company’s 50-day moving average price is $49.13 and its 200-day moving average price is $50.05 . The company has a debt ratio of 1.44, a current ratio of 1.31 and a quick ratio of 1.11. The company has a market capitalization of $79.17 billion, a P/E ratio of 21.07 and a beta of 1.31. Brookfield Asset Management has a 12-month low of $42.21 and a 12-month high of $62.47.

Brookfield Asset Management (NYSE:BAM – Get Rating) (TSE:BAM.A) last reported results on Thursday, August 11. The financial services provider reported earnings per share of $0.34 for the quarter, missing analyst consensus estimates of $0.57 per ($0.23). Brookfield Asset Management posted a net margin of 4.48% and a return on equity of 3.02%. During the same period last year, the company posted earnings per share of $1.01. Analysts expect Brookfield Asset Management to post earnings per share of 3.19 for the current fiscal year.

Brookfield Asset Management announces dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 29. Shareholders of record on Wednesday August 31 will receive a dividend of $0.14. The ex-date of this dividend is Tuesday, August 30. This represents a dividend of $0.56 on an annualized basis and a dividend yield of 1.16%. Brookfield Asset Management’s dividend payout ratio is 24.56%.

Brookfield Asset Management Company Profile

(Get a rating)

Brookfield Asset Management is an alternative asset manager and REIT/real estate investment manager firm focused on real estate, renewable energy, infrastructure, venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients.

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This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

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MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Brookfield Asset Management was not on the list.

Although Brookfield Asset Management currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

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Stock traders buy large volume of put options on Equitrans Midstream (NYSE:ETRN) https://taiyo-33.com/stock-traders-buy-large-volume-of-put-options-on-equitrans-midstream-nyseetrn/ Mon, 19 Sep 2022 16:48:24 +0000 https://taiyo-33.com/stock-traders-buy-large-volume-of-put-options-on-equitrans-midstream-nyseetrn/ Equitrans Midstream Co. (NYSE:ETRN – Get Rating) saw unusually heavy options trading activity on Monday. Stock traders bought 2,585 put options on the stock. This represents a 166% increase from the average daily volume of 973 put options. Equitrans Midstream Institutional Negotiation Several institutional investors have recently increased or reduced their stake in the stock. […]]]>

Equitrans Midstream Co. (NYSE:ETRN – Get Rating) saw unusually heavy options trading activity on Monday. Stock traders bought 2,585 put options on the stock. This represents a 166% increase from the average daily volume of 973 put options.

Equitrans Midstream Institutional Negotiation

Several institutional investors have recently increased or reduced their stake in the stock. Northwestern Mutual Wealth Management Co. acquired a new equity stake in Equitrans Midstream during the second quarter valued at $32,000. Signaturefd LLC increased its holdings of Equitrans Midstream shares by 51.4% during the first quarter. Signaturefd LLC now owns 4,114 shares of the company worth $35,000 after purchasing an additional 1,397 shares during the period. EverSource Wealth Advisors LLC increased its holdings of Equitrans Midstream shares by 519.3% during the first quarter. EverSource Wealth Advisors LLC now owns 4,211 shares of the company worth $36,000 after purchasing 3,531 additional shares during the period. Chilton Capital Management LLC acquired a new stake in shares of Equitrans Midstream during the second quarter at a value of $36,000. Finally, Parallel Advisors LLC increased its equity stake in Equitrans Midstream by 75.0% during the first quarter. Parallel Advisors LLC now owns 4,717 shares of the company worth $40,000 after purchasing an additional 2,021 shares during the period. 92.41% of the shares are held by institutional investors and hedge funds.

Analysts set new price targets

ETRN has been the subject of several research reports. Wells Fargo & Company upgraded shares of Equitrans Midstream from an “equal weight” rating to an “overweight” rating and set a price target of $13.00 for the company in a Wednesday research note August 10. Royal Bank of Canada raised its price target on Equitrans Midstream shares from $9.00 to $10.00 and gave the stock an “sector performance” rating in a Wednesday research note August 3. Barclays lowered its price target on Equitrans Midstream shares from $9.00 to $8.00 and set an “equal weight” rating for the company in a Wednesday July 20 research note. US Capital Advisors reiterated a “hold” rating on Equitrans Midstream shares in a Wednesday, June 1 research note. Finally, Morgan Stanley cut its price target on Equitrans Midstream shares from $8.00 to $7.00 and set an “underweight” rating on the stock in a Wednesday, July 20 research report. . One financial analyst has assigned the stock a sell rating, five have issued a hold rating and three have assigned the stock a buy rating. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $9.29.

Equitrans Midstream Stock down 0.3%

ETRN traded down $0.03 during Monday’s trading, hitting $9.12. The company had a trading volume of 60,229 shares, against an average volume of 5,472,977. The company has a 50-day moving average of $8.58 and a 200-day moving average of $7.97. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt ratio of 3.36. Equitrans Midstream has a 1-year low of $5.87 and a 1-year high of $11.52.

Equitrans Midstream (NYSE:ETRN – Get Rating) last released its quarterly results on Tuesday, August 2. The company reported earnings per share (EPS) of $0.11 for the quarter, matching the consensus estimate of $0.11. The company posted revenue of $328.61 million for the quarter, compared to $338.79 million expected by analysts. Equitrans Midstream recorded a negative net margin of 104.75% and a positive return on equity of 7.19%. The company’s quarterly revenue was down 5.7% year over year. In the same period a year earlier, the company posted earnings per share of $0.13. On average, equity analysts expect Equitrans Midstream to post EPS of 0.55 for the current fiscal year.

Equitrans Midstream dividend announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 12. Investors of record on Wednesday August 3 received a dividend of $0.15. The ex-dividend date was Tuesday, August 2. This represents an annualized dividend of $0.60 and a yield of 6.58%. Equitrans Midstream’s payout ratio is currently -18.87%.

Equitrans Midstream Company Profile

(Get a rating)

Equitrans Midstream Corporation owns, operates, acquires and develops natural gas gathering, transmission and storage and water utility assets in the Appalachian Basin. It operates through three segments: collection system, transportation and storage system and water service system. The Gathering System segment includes 1,130 miles of high pressure gathering lines with approximately 485,000 horsepower compression and multiple interconnect points; and approximately 910 miles of Federal Energy Regulatory Commission (FERC) low-pressure gathering lines.

Further reading

This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

Before you consider Equitrans Midstream, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market ripples…and Equitrans Midstream wasn’t on the list.

Although Equitrans Midstream currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

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Stock Traders Buy High Volume Call Options on ProShares UltraPro Short QQQ (NASDAQ:SQQQ) https://taiyo-33.com/stock-traders-buy-high-volume-call-options-on-proshares-ultrapro-short-qqq-nasdaqsqqq/ Sat, 17 Sep 2022 10:30:00 +0000 https://taiyo-33.com/stock-traders-buy-high-volume-call-options-on-proshares-ultrapro-short-qqq-nasdaqsqqq/ ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Rating) saw some unusual options trading on Friday. Traders bought 251,187 call options on the company. This represents a 56% increase over the average volume of 161,093 call options. ProShares UltraPro Short QQQ is trading up 2.0% SQQQ stock opened at $49.12 on Friday. ProShares UltraPro Short QQQ […]]]>

ProShares UltraPro Short QQQ (NASDAQ:SQQQ – Get Rating) saw some unusual options trading on Friday. Traders bought 251,187 call options on the company. This represents a 56% increase over the average volume of 161,093 call options.

ProShares UltraPro Short QQQ is trading up 2.0%

SQQQ stock opened at $49.12 on Friday. ProShares UltraPro Short QQQ has a 1 year minimum of $28.15 and a 1 year maximum of $67.69. The stock’s fifty-day moving average is $43.13 and its two-hundred-day moving average is $46.04.

Institutional investors weigh in on ProShares UltraPro Short QQQ

Hedge funds have recently increased or reduced their holdings in the stock. Northern Oak Wealth Management Inc. purchased a new stake in ProShares UltraPro Short QQQ in the first quarter for $28,000. Cypress Capital Management LLC WY purchased a new equity stake in ProShares UltraPro Short QQQ during the first quarter for approximately $35,000. Ahrens Investment Partners LLC purchased a new equity stake in ProShares UltraPro Short QQQ during the second quarter, valued at approximately $71,000. Whittier Trust Co. of Nevada Inc. purchased a new equity stake in ProShares UltraPro Short QQQ during the second quarter, valued at approximately $88,000. Finally, St. Johns Investment Management Company LLC purchased a new equity stake in ProShares UltraPro Short QQQ during the second quarter at a value of approximately $103,000.

ProShares UltraPro Short QQQ Company Profile

(Get an assessment)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which are three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The index includes 100 of the national and international non-financial issues listed on the National Association of Securities Dealers Automated Quotation (NASDAQ) stock market.

Featured Articles

This instant news alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

Before you consider ProShares UltraPro Short QQQ, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market goes higher…and ProShares UltraPro Short QQQ didn’t make the list.

Although ProShares UltraPro Short QQQ currently has an “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

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Stock traders buy large volume of call options on Lucid Group (NASDAQ:LCID) https://taiyo-33.com/stock-traders-buy-large-volume-of-call-options-on-lucid-group-nasdaqlcid/ Fri, 16 Sep 2022 17:47:56 +0000 https://taiyo-33.com/stock-traders-buy-large-volume-of-call-options-on-lucid-group-nasdaqlcid/ Lucid Group, Inc. (NASDAQ:LCID – Get Rating) was the recipient of unusually heavy options trading on Friday. Equity investors bought 142,708 call options on the company. This is an increase of 18% from the typical volume of 121,431 call options. Lucid Group Price Performance Shares of Lucid Group traded down 0.23 in Friday’s session, hitting […]]]>

Lucid Group, Inc. (NASDAQ:LCID – Get Rating) was the recipient of unusually heavy options trading on Friday. Equity investors bought 142,708 call options on the company. This is an increase of 18% from the typical volume of 121,431 call options.

Lucid Group Price Performance

Shares of Lucid Group traded down 0.23 in Friday’s session, hitting 16.26. The stock had a trading volume of 1,172,654 shares, compared to an average volume of 24,250,736. The company has a market capitalization of $27.20 billion, a price-earnings ratio of -11.89 and a beta of 0.57. Lucid Group has a 12-month low at 13.25 and a 12-month high at 57.75. The company’s 50-day moving average is 17.77 and its 200-day moving average is 19.48. The company has a current ratio of 7.59, a quick ratio of 6.75 and a debt ratio of 0.54.

Lucid Group (NASDAQ:LCID – Get Rating) last released its quarterly results on Wednesday, August 3. The company reported earnings per share of -0.33 for the quarter, beating the consensus estimate of -0.44 by 0.11. The company had revenue of 97.34 million for the quarter. Lucid Group had a negative net margin of 1,030.53% and a negative return on equity of 34.45%. As a group, sell-side analysts expect Lucid Group to post -1.08 earnings per share for the current year.

Institutional entries and exits

A number of institutional investors have recently increased or reduced their stake in the company. SNS Financial Group LLC purchased a new position in shares of Lucid Group during the fourth quarter worth approximately $229,000. Nissay Asset Management Corp Japan ADV bought a new position in shares of Lucid Group during the fourth quarter, valued at approximately $1,580,000. Gotham Asset Management LLC purchased a new stake in shares of Lucid Group during the fourth quarter worth approximately $675,000. Guggenheim Capital LLC increased its holdings of Lucid Group shares by 945.8% during the fourth quarter. Guggenheim Capital LLC now owns 406,215 shares of the company worth $15,456,000 after purchasing an additional 367,371 shares during the period. Finally, Insight Advisors LLC PA increased its holdings of Lucid Group shares by 135.1% during the first quarter. Insight Advisors LLC PA now owns 19,508 shares of the company worth $496,000 after purchasing an additional 11,210 shares during the period. Institutional investors hold 70.31% of the company’s shares.

Changes to analyst ratings

Several stock analysts have recently released reports on the company. Needham & Company LLC assumed cover for Lucid Group in a report Wednesday. They issued an “underperforming” rating for the company. Citigroup reaffirmed a “buy” rating and issued a target price of $28.00 on shares of Lucid Group in a report Thursday. Finally, RF Lafferty assumed cover for Lucid Group in a report on Monday. They issued a “buy” rating and a target price of $19.00 for the company. Two investment analysts have assigned the stock a sell rating, two have assigned a hold rating and six have assigned the stock a buy rating. According to data from MarketBeat, Lucid Group currently has an average rating of “Hold” and an average price target of 30.86.

About Lucid Group

(Get a rating)

Lucid Group, Inc, a technology and automotive company, develops electric vehicle (EV) technologies. The company designs, engineers and builds electric vehicles, electric vehicle powertrains and battery systems. As of December 31, 2021, it operates twenty retail studios in the United States. Lucid Group, Inc. was founded in 2007 and is headquartered in Newark, California.

Further reading

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

Before you consider Lucid Group, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off… and Lucid Group was not on the list.

Although Lucid Group currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

]]>
Stock traders buy high volume of put options from Seritage Growth Properties (NYSE: SRG) https://taiyo-33.com/stock-traders-buy-high-volume-of-put-options-from-seritage-growth-properties-nyse-srg/ Fri, 16 Sep 2022 17:47:56 +0000 https://taiyo-33.com/stock-traders-buy-high-volume-of-put-options-from-seritage-growth-properties-nyse-srg/ Seritage Growth Properties (NYSE:SRG – Get Rating) saw unusual options trading activity on Friday. Equity investors bought 11,329 put options on the stock. This represents a 271% increase from the typical daily volume of 3,056 put options. Institutional entries and exits Hedge funds and other institutional investors have recently changed their positions in the stock. […]]]>

Seritage Growth Properties (NYSE:SRG – Get Rating) saw unusual options trading activity on Friday. Equity investors bought 11,329 put options on the stock. This represents a 271% increase from the typical daily volume of 3,056 put options.

Institutional entries and exits

Hedge funds and other institutional investors have recently changed their positions in the stock. Vanguard Group Inc. increased its stake in shares of Seritage Growth Properties by 10.1% in the first quarter. Vanguard Group Inc. now owns 5,125,204 shares of the financial services provider worth $64,885,000 after acquiring an additional 471,047 shares during the period. Towerview LLC increased its position in Seritage Growth Properties by 458.3% during the second quarter. Towerview LLC now owns 335,000 shares of the financial services provider valued at $1,745,000 after purchasing an additional 275,000 shares during the period. Zweig DiMenna Associates LLC acquired a new stake in Seritage Growth Properties during the second quarter valued at $1,263,000. Millennium Management LLC acquired a new stake in Seritage Growth Properties during the second quarter valued at $1,084,000. Finally, Governors Lane LP acquired a new stake in Seritage Growth Properties during the first quarter at a value of $2,592,000. Hedge funds and other institutional investors own 67.69% of the company’s shares.

Serage Growth Property Price Performance

NYSE: SRG was down $0.49 in Friday’s midday session, hitting $11.50. 15,105 shares of the stock traded in hands, compared to its average volume of 524,710. Seritage Growth Properties has a 12-month low of $4.90 and a 12-month high of $17.12. The company has a 50-day moving average of $12.31 and a two-hundred-day moving average of $10.45. The company has a current ratio of 5.92, a quick ratio of 5.92 and a debt ratio of 2.30.

Seritage Growth Properties (NYSE:SRG – Get Rating) last reported results on Tuesday, August 9. The financial services provider reported ($1.76) EPS for the quarter. The company had revenue of $29.70 million for the quarter. Seritage Growth Properties posted a negative net margin of 93.58% and a negative return on equity of 10.05%.

A Wall Street analyst gives his opinion

Separately, StockNews.com upgraded shares of Seritage Growth Properties to a “sell” rating in a research note on Monday.

Serage Growth Properties Company Profile

(Get an evaluation)

Seritage Growth Properties is a publicly traded, self-administered, self-managed REIT with 166 wholly owned and 29 unconsolidated properties totaling approximately 30.4 million square feet of space in 44 states and Puerto Rico. The company was created to unlock the underlying real estate value of a high-quality retail portfolio acquired from Sears Holdings in July 2015.

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Stock traders buy large volume of put options on United Parcel Service (NYSE:UPS) https://taiyo-33.com/stock-traders-buy-large-volume-of-put-options-on-united-parcel-service-nyseups/ Fri, 16 Sep 2022 16:42:20 +0000 https://taiyo-33.com/stock-traders-buy-large-volume-of-put-options-on-united-parcel-service-nyseups/ United Parcel Service, Inc. (NYSE:UPS – Get Rating) was the recipient of some unusual options trades on Friday. Investors bought 25,077 put options on the company. This represents an increase of approximately 46% from the average daily volume of 17,189 put options. Changes to analyst ratings A number of brokerages have recently released reports on […]]]>

United Parcel Service, Inc. (NYSE:UPS – Get Rating) was the recipient of some unusual options trades on Friday. Investors bought 25,077 put options on the company. This represents an increase of approximately 46% from the average daily volume of 17,189 put options.

Changes to analyst ratings

A number of brokerages have recently released reports on UPS. Raymond James reduced his price target on United Parcel Service from $250.00 to $225.00 in a Friday, July 15 research report. Evercore ISI reaffirmed an “outperform” rating and set a price target of $227.00 (vs. $255.00) on United Parcel Service stock in a Tuesday, July 12 research report. Citigroup cut its price target on United Parcel Service from $240.00 to $210.00 and set a “buy” rating on the stock in a Tuesday, July 19 research report. Daiwa Capital Markets raised its price target on United Parcel Service to $207.00 and gave the stock an “outperform” rating in a Wednesday, July 27 research report. Finally, Wolfe Research downgraded United Parcel Service from a “peer performing” rating to an “underperforming” rating in a Tuesday, July 12 research report. Two equity research analysts gave the stock a sell rating, ten issued a hold rating, fourteen gave the company a buy rating and one gave the company a high buy rating. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $215.82.

United Parcel Service price performance

UPS stock traded at $8.92 at midday on Friday, hitting $176.08. The company’s stock had a trading volume of 312,858 shares, compared to an average trading volume of 2,313,277 shares. The stock has a market capitalization of $152.96 billion, a PE ratio of 14.24, a P/E/G ratio of 1.68 and a beta of 1.07. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt ratio of 1.10. United Parcel Service has a fifty-two week minimum of $165.34 and a fifty-two week maximum of $233.72. The company’s 50-day moving average is $194.28 and its two-hundred-day moving average is $191.70.

United Parcel Service (NYSE:UPS – Get Rating) last released quarterly earnings data on Tuesday, July 26. The transportation company reported EPS of $3.29 for the quarter, beating consensus analyst estimates of $3.14 by $0.15. The company posted revenue of $24.80 billion in the quarter, versus a consensus estimate of $24.59 billion. United Parcel Service achieved a net margin of 10.92% and a return on equity of 76.43%. United Parcel Service quarterly revenue increased 5.9% year over year. In the same quarter of the previous year, the company achieved EPS of $3.06. Equity research analysts expect United Parcel Service to post EPS of 12.85 for the current year.

United Parcel Service Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 1. Shareholders of record on Monday, August 15 received a dividend of $1.52 per share. The ex-dividend date was Friday, August 12. This represents a dividend of $6.08 on an annualized basis and a dividend yield of 3.45%. United Parcel Service’s dividend payout ratio is currently 48.84%.

Insider activity at United Parcel Service

In related news, insider Kathleen M. Gutmann sold 21,307 shares of the company in a trade that took place on Thursday, August 11. The stock was sold at an average price of $204.51, for a total value of $4,357,494.57. Following the completion of the sale, the insider now owns 102,591 shares of the company, valued at $20,980,885.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, accessible via the SEC’s website. In other United Parcel Service news, CMO Kevin M. Warren sold 23,366 shares of the company in a trade on Tuesday, August 2. The stock was sold at an average price of $193.31, for a total transaction of $4,516,881.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, accessible via this link. Additionally, insider Kathleen M. Gutmann sold 21,307 shares of the company in a trade on Thursday, August 11. The stock was sold at an average price of $204.51, for a total value of $4,357,494.57. Following the sale, the insider now owns 102,591 shares of the company, valued at approximately $20,980,885.41. The disclosure of this sale can be found here. 0.12% of the shares are held by insiders of the company.

United Parcel Service Institutional Trade

A number of hedge funds and other institutional investors have recently changed their positions in UPS. Cordant Inc. acquired a new stake in United Parcel Service in Q1 worth approximately $26,000. Worth Asset Management LLC acquired a new stake in United Parcel Service in Q1 worth approximately $27,000. Cyrus J. Lawrence LLC acquired a new stake in United Parcel Service in Q1 worth approximately $30,000. Crewe Advisors LLC acquired a new stake in United Parcel Service in Q1 worth approximately $31,000. Finally, Bivin & Associates Inc. acquired a new stake in United Parcel Service in Q4 valued at approximately $32,000. Institutional investors and hedge funds own 59.60% of the company’s shares.

About United Parcel Service

(Get an evaluation)

United Parcel Service, Inc provides letter and package delivery, transportation, logistics and related services. It operates through two segments, US Domestic Package and International Package. The United States Domestic Parcel segment offers time-definite delivery of letters, documents, small packages and palletized freight via air and ground services in the United States.

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Before you consider United Parcel Service, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and United Parcel Service was not on the list.

While United Parcel Service currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

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Stock traders are buying a high volume of put options on Mattel (NASDAQ:MAT) https://taiyo-33.com/stock-traders-are-buying-a-high-volume-of-put-options-on-mattel-nasdaqmat/ Thu, 15 Sep 2022 21:56:26 +0000 https://taiyo-33.com/stock-traders-are-buying-a-high-volume-of-put-options-on-mattel-nasdaqmat/ Mattel, Inc. (NASDAQ:MAT – Get Rating) was the target of unusual options trades on Thursday. Investors bought 56,480 put options on the company. This is an increase of approximately 1,548% from the average daily volume of 3,427 puts. Mattel shares down 4.5% NASDAQ: MAT traded down $1.03 in Thursday’s midday session, hitting $22.08. The company […]]]>

Mattel, Inc. (NASDAQ:MAT – Get Rating) was the target of unusual options trades on Thursday. Investors bought 56,480 put options on the company. This is an increase of approximately 1,548% from the average daily volume of 3,427 puts.

Mattel shares down 4.5%

NASDAQ: MAT traded down $1.03 in Thursday’s midday session, hitting $22.08. The company had a trading volume of 3,230,105 shares, compared to its average volume of 3,135,345. The company has a market capitalization of $7.80 billion, a price/earnings ratio of 7.00, a PEG ratio of 0.89 and a beta of 1.22. The stock’s fifty-day simple moving average is $22.86 and its 200-day simple moving average is $23.28. Mattel has a 12 month minimum of $17.94 and a 12 month maximum of $26.99. The company has a current ratio of 1.82, a quick ratio of 1.03 and a debt ratio of 1.34.

Mattel (NASDAQ:MAT – Get Rating) last released its results on Thursday, July 21. The company reported earnings per share (EPS) of $0.18 for the quarter, beating consensus analyst estimates of $0.05 by $0.13. The company posted revenue of $1.24 billion in the quarter, against analyst estimates of $1.11 billion. Mattel had a return on equity of 37.28% and a net margin of 19.31%. During the same period last year, the company posted earnings per share of $0.03. On average, sell-side analysts expect Mattel to post 1.48 earnings per share for the current fiscal year.

Changes to analyst ratings

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MAT has been the subject of several recent research reports. Jefferies Financial Group cut its price target on Mattel from $27.00 to $24.00 in a Friday, July 15 report. StockNews.com upgraded Mattel from a “hold” rating to a “buy” rating in a Tuesday, July 12 report. MKM Partners cut its price target on Mattel from $34.00 to $30.00 and set a “buy” rating for the company in a Thursday, July 7 report. Bank of America assumed coverage from Mattel in a Thursday, Aug. 18, report. They issued a “buy” rating for the company. Finally, the Goldman Sachs Group upgraded Mattel from a “neutral” rating to a “buy” rating and raised its price target for the stock from $30.00 to $31.00 in a research report from the Sunday July 10. Seven investment analysts have rated the stock with a buy rating. According to data from MarketBeat, Mattel currently has a consensus rating of “Buy” and an average target price of $32.57.

Mattel Institutional Trading

A number of hedge funds and other institutional investors have recently bought and sold shares of MAT. Rhumbline Advisers increased its position in Mattel shares by 0.8% during the first quarter. Rhumbline Advisers now owns 901,190 shares of the company worth $20,015,000 after purchasing an additional 7,350 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in Mattel stock during the fourth quarter worth approximately $370,000. Miracle Mile Advisors LLC acquired a new stake in Mattel stock during the first quarter worth approximately $676,000. Quantitative Investment Management LLC increased its position in Mattel shares by 8.6% during the first quarter. Quantitative Investment Management LLC now owns 10,681 shares of the company worth $237,000 after purchasing an additional 846 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Mattel shares by 10.5% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 128,396 shares of the company worth $2,852,000 after purchasing 12,242 additional shares last quarter. 98.59% of the shares are currently held by institutional investors and hedge funds.

About Mattel

(Get a rating)

Mattel, Inc, a children’s entertainment company, designs and manufactures toys and consumer products worldwide. The Company operates through North America, International and American Girl segments. It offers dolls and accessories, as well as children’s content, play and lifestyle products under the Barbie, Monster High, American Girl, Polly Pocket, Spirit and Enchantimals brands; dolls and books under the American Girl brand; die-cast vehicles, tracks, playsets and accessories for kids of all ages and collectors under the Hot Wheels, Monster Trucks, Matchbox, CARS and Mario Kart brands; and infant, toddler and preschool products including content, toys, live events and other lifestyle products under the Fisher-Price and Thomas & Friends, Power wheels and Fireman Sam brands.

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This instant news alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

Before you consider Mattel, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Mattel wasn’t on the list.

Although Mattel currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

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Stock traders buy high volume of Spirit Airlines call options (NYSE:SAVE) https://taiyo-33.com/stock-traders-buy-high-volume-of-spirit-airlines-call-options-nysesave/ Thu, 15 Sep 2022 21:56:26 +0000 https://taiyo-33.com/stock-traders-buy-high-volume-of-spirit-airlines-call-options-nysesave/ Spirit Airlines, Inc. (NYSE: SAVE – Get Rating) was the target of unusual options trades on Thursday. Traders bought 49,219 call options on the stock. This represents an increase of approximately 430% over the average volume of 9,293 call options. Spirit Airlines stock performance Shares of Spirit Airlines rose $0.32 on Thursday, hitting $23.31. The […]]]>

Spirit Airlines, Inc. (NYSE: SAVE – Get Rating) was the target of unusual options trades on Thursday. Traders bought 49,219 call options on the stock. This represents an increase of approximately 430% over the average volume of 9,293 call options.

Spirit Airlines stock performance

Shares of Spirit Airlines rose $0.32 on Thursday, hitting $23.31. The company had a trading volume of 3,075,182 shares, compared to an average volume of 4,302,065. The company’s 50-day moving average price is $23.98 and its two-hundred-day moving average price is of $23.08. Spirit Airlines has a 52-week minimum of $15.92 and a 52-week maximum of $28.30. The company has a debt ratio of 1.44, a current ratio of 1.01 and a quick ratio of 1.01.

Spirit Airlines (NYSE:SAVE – Get Rating) last reported quarterly earnings data on Tuesday, August 9. The company reported ($0.30) earnings per share for the quarter, beating analyst consensus estimates of ($0.34) by $0.04. Spirit Airlines had a negative net margin of 7.53% and a negative return on equity of 17.25%. The company posted revenue of $1.37 billion in the quarter, versus $1.35 billion expected by analysts. As a group, sell-side analysts expect Spirit Airlines to post earnings per share of -2.05 for the current fiscal year.

A Wall Street analyst gives his opinion

A number of research analysts have recently published reports on the company. Susquehanna Bancshares raised its price target on Spirit Airlines shares from $22.00 to $27.00 and gave the stock a “neutral” rating in a Tuesday, July 12 report. Susquehanna raised its price target on Spirit Airlines from $22.00 to $27.00 and gave the company a “neutral” rating in a Tuesday, July 12 research report. Melius began covering Spirit Airlines shares in a Monday, August 15, report. They set a “hold” rating for the company. Evercore ISI raised its price target on Spirit Airlines shares from $25.00 to $28.00 and gave the company an “in-line” rating in a Monday, June 27 report. Finally, TheStreet upgraded the shares of Spirit Airlines from a “d+” rating to a “c” rating in a Wednesday, August 17 report. Two equity research analysts rated the stock with a sell rating, eight issued a hold rating and six assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $30.00.

Spirit Airlines Institutional Trading

Institutional investors and hedge funds have recently bought and sold shares of the company. US Bancorp DE increased its position in Spirit Airlines by 164.1% during the 2nd quarter. US Bancorp DE now owns 1,384 shares of the company worth $33,000 after buying an additional 860 shares in the last quarter. Byrne Asset Management LLC acquired a new position in shares of Spirit Airlines during Q1 worth $34,000. Goodwin Investment Advisory increased its stake in Spirit Airlines shares by 125.0% during the second quarter. Goodwin Investment Advisory now owns 1,800 shares of the company worth $43,000 after purchasing an additional 1,000 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its stake in Spirit Airlines shares by 58.3% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,197 shares of the company worth $48,000 after purchasing an additional 809 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Spirit Airlines during the 2nd quarter at a value of $52,000. Hedge funds and other institutional investors hold 68.02% of the company’s shares.

About Spirit Airlines

(Get a rating)

Spirit Airlines, Inc provides airline services. It serves 85 destinations in 16 countries in the United States, Latin America and the Caribbean. As of December 31, 2021, the company had a fleet of 173 Airbus single-aisle aircraft. It sells tickets through its call centers and airport counters, as well as online through spirit.com; and through various third parties, including traditional online travel agents and electronic global distribution systems.

Read more

This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

Before you consider Spirit Airlines, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market spreads…and Spirit Airlines didn’t make the list.

Although Spirit Airlines currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the five actions here

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