10 Financials Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Financials sector: These itemized elaborations have been created using the accompanying table. Regarding HOOD HOOD, we observe a call option trade with neutral sentiment. It expires in 242 day(s) on January 17, 2025. Parties traded 205 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $65.6K, with a price of $320.0 per contract. There were 54906 open contracts at this strike prior to today, and today 1763 contract(s) were bought and sold. For RITM RITM, we notice a call option trade that happens to be bearish, expiring in 606 day(s) on January 16, 2026. This event was a transfer of 1021 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $168.4K, with a price of $165.0 per contract. There were 4558 open contracts at this strike prior to today, and today 1073 contract(s) were bought and sold. For RILY RILY, we notice a call option sweep that happens to be bullish, expiring in 32 day(s) on June 21, 2024. This event was a transfer of 220 contract(s) at a $33.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $44.0K, with a price of $200.0 per contract. There were 0 open contracts at this strike prior to today, and today 1050 contract(s) were bought and sold. For MS MS, we notice a call option sweep that happens to be bullish, expiring in 32 day(s) on June 21, 2024. This event was a transfer of 47 contract(s) at a $95.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $665.0 per contract. There were 17049 open contracts at this strike prior to today, and today 406 contract(s) were bought and sold. For SQ SQ, we notice a put option trade that happens to be bearish, expiring in 242 day(s) on January 17, 2025. This event was a transfer of 299 contract(s) at a $67.50 strike. The total cost received by the writing party (or parties) was $221.2K, with a price of $740.0 per contract. There were 1748 open contracts at this strike prior to today, and today 299 contract(s) were bought and sold. Regarding COIN COIN, we observe a call option sweep with bearish sentiment. It expires in 32 day(s) on June 21, 2024. Parties traded 161 contract(s) at a $280.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $59.5K, with a price of $370.0 per contract. There were 2186 open contracts at this strike prior to today, and today 291 contract(s) were bought and sold. For NU NU, we notice a call option sweep that happens to be bullish, expiring in 242 day(s) on January 17, 2025. This event was a transfer of 239 contract(s) at a $10.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $61.1K, with a price of $256.0 per contract. There were 11194 open contracts at this strike prior to today, and today 264 contract(s) were bought and sold. For TOST TOST, we notice a call option trade that happens to be bullish, expiring in 242 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $32.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $270.0 per contract. There were 578 open contracts at this strike prior to today, and today 212 contract(s) were bought and sold. Regarding ROOT ROOT, we observe a call option trade with bearish sentiment. It expires in 242 day(s) on January 17, 2025. Parties traded 24 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $49.6K, with a price of $2070.0 per contract. There were 872 open contracts at this strike prior to today, and today 84 contract(s) were bought and sold. For AGNC AGNC, we notice a call option sweep that happens to be neutral, expiring in 18 day(s) on June 7, 2024. This event was a transfer of 40 contract(s) at a $3.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.6K, with a price of $690.0 per contract. There were 0 open contracts at this strike prior to today, and today 83 contract(s) were bought and sold. Options Alert Terminology - Call Contracts: The right to buy shares as indicated in the contract. - Put Contracts: The right to sell shares as indicated in the contract. - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. - Premium/Option Price: The price of the contract. For more information, visit our Guide to Understanding Options Alerts or read more news on unusual options activity. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Charles Schwab Investment Management Inc. Sells 44,577 Shares of Robinhood Markets, Inc. (NASDAQ:HOOD)
Charles Schwab Investment Management Inc. lowered its position in Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 1.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,265,863 shares of the company’s stock after selling 44,577 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.38% of Robinhood Markets worth $41,607,000 as of its most recent SEC filing. Other institutional investors also recently modified their holdings of the company. Spire Wealth Management acquired a new position in shares of Robinhood Markets in the fourth quarter valued at $26,000. UniSuper Management Pty Ltd acquired a new position in shares of Robinhood Markets in the 3rd quarter valued at $30,000. Whittier Trust Co. lifted its holdings in shares of Robinhood Markets by 100.0% during the 4th quarter. Whittier Trust Co. now owns 4,634 shares of the company’s stock worth $59,000 after acquiring an additional 2,317 shares during the period. Financial Connections Group Inc. acquired a new stake in shares of Robinhood Markets during the 4th quarter valued at about $89,000. Finally, International Assets Investment Management LLC increased its stake in Robinhood Markets by 1,174.1% in the fourth quarter. International Assets Investment Management LLC now owns 7,326 shares of the company’s stock valued at $93,000 after acquiring an additional 6,751 shares during the period. Institutional investors and hedge funds own 93.27% of the company’s stock. Wall Street Analyst Weigh In A number of equities research analysts have weighed in on HOOD shares. JMP Securities reaffirmed a “market outperform” rating and set a $30.00 price objective on shares of Robinhood Markets in a report on Thursday. TheStreet upgraded Robinhood Markets from a “d+” rating to a “c-” rating in a research note on Wednesday, February 28th. JPMorgan Chase & Co. boosted their target price on shares of Robinhood Markets from $10.00 to $12.00 and gave the company an “underweight” rating in a research note on Wednesday, February 14th. Needham & Company LLC reiterated a “hold” rating on shares of Robinhood Markets in a research report on Monday, May 6th. Finally, KeyCorp boosted their price target on shares of Robinhood Markets from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Monday, April 22nd. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $19.75. View Our Latest Report on HOOD Robinhood Markets Stock Up 12.2 % HOOD stock opened at $20.09 on Monday. Robinhood Markets, Inc. has a twelve month low of $7.91 and a twelve month high of $20.55. The company has a market cap of $17.66 billion, a P/E ratio of 133.93 and a beta of 1.74. The business has a fifty day moving average of $18.01 and a 200-day moving average of $13.86. Robinhood Markets (NASDAQ:HOOD – Get Free Report) last released its earnings results on Wednesday, May 8th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.13. The company had revenue of $618.00 million for the quarter, compared to the consensus estimate of $552.74 million. Robinhood Markets had a net margin of 6.22% and a return on equity of 1.86%. The company’s revenue was up 40.1% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.57) EPS. As a group, equities research analysts anticipate that Robinhood Markets, Inc. will post 0.53 earnings per share for the current fiscal year. Insider Activity at Robinhood Markets In other Robinhood Markets news, CEO Vladimir Tenev sold 500,000 shares of the company’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $15.12, for a total transaction of $7,560,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CEO Vladimir Tenev sold 500,000 shares of Robinhood Markets stock in a transaction on Monday, February 26th. The stock was sold at an average price of $15.12, for a total transaction of $7,560,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jason Warnick sold 5,000 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $16.47, for a total value of $82,350.00. Following the completion of the sale, the chief financial officer now owns 971,497 shares of the company’s stock, valued at approximately $16,000,555.59. The disclosure for this sale can be found here. Insiders have sold 2,577,873 shares of company stock worth $41,719,157 over the last ninety days. Company insiders own 20.81% of the company’s stock. Robinhood Markets Profile (Free Report) Robinhood Markets, Inc operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.
Robinhood Stock Soared Over 20% This Week -- Here's Why
Robinhood stock got upgraded by Bank of America. The bank thinks the company will benefit from a return of retail traders.
Robinhood stock price forecast: Bank of America sees upside to $24
Robinhood Markets Inc (NASDAQ: HOOD) is flying high on Friday after a Bank of America analyst issued a super bullish note in its favour.
IPO Stock Of The Week: Robinhood Surges Above Buy Point On Analyst Upgrade
Robinhood stock soared more than 10% Friday after an analyst's upgrade, as shares rallied above a buy point.
Why Robinhood's Arrow Points Higher Today
Robinhood stunned the stock market with a powerful earnings report last week -- revenues up 40% year over year. Bank of America is convinced: No longer a sell, Robinhood stock is now a buy.
Robinhood's stock rockets as BofA sees retail renaissance in ‘early innings'
Retail traders are storming back, and a BofA analyst thinks that's good news for Robinhood Markets Inc.
Bank of America Just Raised Its Price Target on Robinhood (HOOD) Stock
Robinhood (NASDAQ: HOOD ) stock is up on Friday after the financial services platform company got a new price target from Bank of America analysts. This has the Bank of America analysts increasing their price target for HOOG stock from $14 per share to $24 per share.
Earnings Estimates Moving Higher for Robinhood Markets (HOOD): Time to Buy?
Robinhood Markets (HOOD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
