DBX - DBX

Dernières nouvelles pour Dropbox (NASDAQ:DBX) Stock

Dropbox

Dropbox is a leading provider of cloud-storage and content collaboration tools with an emphasis on individuals and SMB. The company was founded in 2007 and was a pioneer in cloud storage and cross-platform file syncing. Utilizing inorganic and organic means, the firm has been working on diversifying its product mix and pivoting away from the cloud-storage space.

Dropbox Inc

XTRACKERS STX GLBL ETF 1D by Xtrackers

Roth MKM analyst Mike Niehuser maintains Tudor Gold (TSXV:<a class="ticker" href="https://www.benzinga.com/stock/TUD#TSXV">TUD</a>) with a Buy and lowers the price target from C$3 to C$2.

News

Price Target

Analyst Ratings

TSXV:TUD

Roth MKM Maintains Buy on Tudor Gold, Lowers Price Target to C$2

IPOs

Health In Tech Shares Open For Trade At $5.25 Per Share; IPO Priced At $4.00 Per Share

MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) has further increased its holdings by purchasing 5,262 Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) at an average price of $106,662, totaling approximately $561 million.
What Happened: This <a href="https://assets.contentstack.io/v3/assets/bltb564490bc5201f31/blt0ec5bb8a309ff033/67695cb1b1ed3c2aa7dc573e/form-8-k_12-23-2024.pdf">acquisition</a> brings MicroStrategy's total Bitcoin holdings to 444,262 BTC, with an average cost of $62,257 and a total cost of approximately $27.7 billion as of Dec. 22, 2024.
This latest purchase by MicroStrategy comes at a time of market speculation about a potential pause in their <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42617815/are-microstrategys-bitcoin-purchases-on-hold-in-january">Bitcoin-buying strategy next month</a>.
This speculation centers around the idea that the company might temporarily halt its practice of issuing convertible debt or selling shares through &#8220;at-the-market&#8221; programs to fund these acquisitions. 
It is believed that these activities might be put on hold as the company prepares for the release of its earnings report in early February 2025. 
A venture capitalist initially raised concerns about a potential restriction on the company issuing new convertible debt in January, which has spurred a great amount of discussion among investors.
While MicroStrategy has not confirmed or denied these rumors, it is generally understood that companies often implement self-imposed blackout periods to ensure compliance with trading regulations. 
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42647239/foresight-ventures-55m-investment-in-the-block-seeks-to-shape-the-future-of-crypto-media-forest-bai">Foresight Ventures&#8217; $55M Investment In The Block Seeks To Shape The Future Of Crypto Media: Forest Bai</a>
These periods usually occur near the end of a fiscal quarter and before the public release of earnings, thus limiting access to non-public information for insider trading purposes. 
The SEC does not require these blackout periods, but companies implement them to maintain trust and integrity with the shareholders. 
These financial blackout periods may apply to either ATM share sales, convertible debt offerings, or both and that information is not currently clear. 
These potential restrictions on Bitcoin purchases have put a spotlight on MicroStrategy's funding strategies.
Some analysts believe the timing of the rumored blackout aligns with MicroStrategy&#8217;s upcoming earnings report between Feb. 3-5, 2025, and could be a result of common precautions that businesses adopt before publicly releasing financial information. 
Furthermore, the company&#8217;s inclusion in the NASDAQ 100 index on Dec. 23 could also play a part, as this often leads companies to reassess their practices around governance and public disclosures. 
Any decision about a blackout period is ultimately decided by MicroStrategy&#8217;s board of directors, reflecting the importance of regulatory adherence.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42644568/institutional-crypto-adoption-for-real-this-time-says-messari">Institutional Crypto Adoption &#8216;For Real This Time,&#8217; Says Messari</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

MSTR

MicroStrategy Adds 5,262 Bitcoin To Bring Holdings To Over 444,000 BTC

Trading Ideas

NVDA

NVIDIA Option Alert: 4,353 Jan 17 $140 Calls Swept Near Ask At $5.651 With 128,293 Open Interest; Underlying Stock At $137.34

Roth MKM analyst Sean McGowan maintains MGP Ingredients (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGPI#NASDAQ">MGPI</a>) with a Buy and lowers the price target from $65 to $60.

MGPI

Roth MKM Maintains Buy on MGP Ingredients, Lowers Price Target to $60

The Office of the Comptroller of the Currency (OCC) today issued a cease-and-desist order (order) against Bank of America, N.A. (bank) for deficiencies related to its Bank Secrecy Act (BSA) and sanctions compliance programs.
<a href="https://occ.gov/news-issuances/news-releases/2024/nr-occ-2024-140.html" title="https://occ.gov/news-issuances/news-releases/2024/nr-occ-2024-140.html">https://occ.gov/news-issuances/news-releases/2024/nr-occ-2024-140.html</a>

'OCC Issues Cease and Desist Order Against Bank of America for BSA Deficiencies' - OCC

DRCT

Direct Digital Shares Resume Trade Then Again Halted On Circuit Breaker To The Upside, Stock Now Up 256.4%

Financial giants have made a conspicuous bearish move on Applied Optoelectronics. Our analysis of options history for Applied Optoelectronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>) revealed 21 unusual trades.
Delving into the details, we found 38% of traders were bullish, while 47% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $432,603, and 15 were calls, valued at $986,947.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $22.5 to $50.0 for Applied Optoelectronics during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Applied Optoelectronics's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Applied Optoelectronics's whale activity within a strike price range from $22.5 to $50.0 in the last 30 days. 
<h3>Applied Optoelectronics Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734969631_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAOI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$17.5</td>
<td>$16.5</td>
<td>$17.4</td>
<td>$22.50</td>
<td>$132.2K</td>
<td>1.7K</td>
<td align="right">46</td>
</tr>
<tr>
<td>AAOI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.5</td>
<td>$6.2</td>
<td>$6.5</td>
<td>$35.00</td>
<td>$130.0K</td>
<td>2.8K</td>
<td align="right">205</td>
</tr>
<tr>
<td>AAOI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>02/21/25</td>
<td>$5.7</td>
<td>$5.4</td>
<td>$5.62</td>
<td>$35.00</td>
<td>$113.3K</td>
<td>2</td>
<td align="right">447</td>
</tr>
<tr>
<td>AAOI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$6.7</td>
<td>$6.2</td>
<td>$6.5</td>
<td>$45.00</td>
<td>$97.5K</td>
<td>1.3K</td>
<td align="right">250</td>
</tr>
<tr>
<td>AAOI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$5.7</td>
<td>$5.5</td>
<td>$5.65</td>
<td>$35.00</td>
<td>$92.8K</td>
<td>2</td>
<td align="right">808</td>
</tr>
</tbody>
</table>

<h3>About Applied Optoelectronics</h3>
Applied Optoelectronics Inc is a provider of fiber-optic networking products for the Internet data center, cable television, telecommunications and fiber-to-the-home end markets. The company focuses on designing and manufacturing a range of optical communication products from components, to subassemblies, and modules to complete turn-key equipment. Demand for Applied Optoelectronics is driven by bandwidth demand in end markets. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. The company derives maximum revenue from Taiwan.
In light of the recent options history for Applied Optoelectronics, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Applied Optoelectronics Standing Right Now?</h3>
<ul>
<li>With a trading volume of 1,020,369, the price of AAOI is down by -2.23%, reaching $36.98.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 59 days from now.</li>
</ul>
<h3>Expert Opinions on Applied Optoelectronics</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $34.25.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; In a cautious move, an analyst from Northland Capital Markets downgraded its rating to Outperform, setting a price target of $40. 
&#x2A; An analyst from Rosenblatt persists with their Buy rating on Applied Optoelectronics, maintaining a target price of $44. 
&#x2A; An analyst from B. Riley Securities has revised its rating downward to Sell, adjusting the price target to $14. 
&#x2A; An analyst from Raymond James persists with their Outperform rating on Applied Optoelectronics, maintaining a target price of $39. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Applied Optoelectronics, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

AAOI

Applied Optoelectronics's Options Frenzy: What You Need to Know

Financial giants have made a conspicuous bullish move on CrowdStrike Holdings. Our analysis of options history for CrowdStrike Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) revealed 19 unusual trades.
Delving into the details, we found 52% of traders were bullish, while 31% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $776,760, and 13 were calls, valued at $1,132,509.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $90.0 and $390.0 for CrowdStrike Holdings, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for CrowdStrike Holdings's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of CrowdStrike Holdings's whale activity within a strike price range from $90.0 to $390.0 in the last 30 days. 
<h3>CrowdStrike Holdings Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734969626_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CRWD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/31/25</td>
<td>$5.35</td>
<td>$3.0</td>
<td>$3.05</td>
<td>$305.00</td>
<td>$518.5K</td>
<td>4</td>
<td>1.7K</td>
</tr>
<tr>
<td>CRWD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$160.5</td>
<td>$157.55</td>
<td>$158.05</td>
<td>$250.00</td>
<td>$316.1K</td>
<td>62</td>
<td>20</td>
</tr>
<tr>
<td>CRWD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$148.45</td>
<td>$144.05</td>
<td>$146.75</td>
<td>$270.00</td>
<td>$293.5K</td>
<td>45</td>
<td>20</td>
</tr>
<tr>
<td>CRWD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$81.8</td>
<td>$79.85</td>
<td>$81.8</td>
<td>$340.00</td>
<td>$89.9K</td>
<td>491</td>
<td>11</td>
</tr>
<tr>
<td>CRWD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$1.36</td>
<td>$1.35</td>
<td>$1.36</td>
<td>$300.00</td>
<td>$85.1K</td>
<td>5.0K</td>
<td>635</td>
</tr>
</tbody>
</table>

<h3>About CrowdStrike Holdings</h3>
CrowdStrike is a cloud-based cybersecurity company specializing in next-generation security verticals such as endpoint, cloud workload, identity, and security operations. CrowdStrike's primary offering is its Falcon platform that offers a proverbial single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The Texas-based firm was founded in 2011 and went public in 2019.
Having examined the options trading patterns of CrowdStrike Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>CrowdStrike Holdings's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 1,143,560, the CRWD's price is down by -1.04%, now at $358.51. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 71 days.</li>
</ul>
<h3>Expert Opinions on CrowdStrike Holdings</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $398.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from RBC Capital has decided to maintain their Outperform rating on CrowdStrike Holdings, which currently sits at a price target of $365. 
&#x2A; Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on CrowdStrike Holdings with a target price of $400. 
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on CrowdStrike Holdings with a target price of $400. 
&#x2A; Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on CrowdStrike Holdings with a target price of $450. 
&#x2A; Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for CrowdStrike Holdings, targeting a price of $375. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest CrowdStrike Holdings options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

CRWD

Check Out What Whales Are Doing With CRWD

Financial giants have made a conspicuous bearish move on Newmont. Our analysis of options history for Newmont (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) revealed 17 unusual trades.
Delving into the details, we found 41% of traders were bullish, while 58% showed bearish tendencies. Out of all the trades we spotted, 10 were puts, with a value of $1,501,139, and 7 were calls, valued at $711,269.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $35.0 to $55.0 for Newmont over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Newmont stands at 2141.25, with a total volume reaching 3,328.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Newmont, situated within the strike price corridor from $35.0 to $55.0, throughout the last 30 days.
<h3>Newmont Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734969621_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NEM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$17.3</td>
<td>$17.15</td>
<td>$17.25</td>
<td>$55.00</td>
<td>$391.5K</td>
<td>118</td>
<td align="right">228</td>
</tr>
<tr>
<td>NEM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$17.5</td>
<td>$17.4</td>
<td>$17.5</td>
<td>$55.00</td>
<td>$322.0K</td>
<td>118</td>
<td align="right">436</td>
</tr>
<tr>
<td>NEM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$6.0</td>
<td>$4.95</td>
<td>$6.0</td>
<td>$37.50</td>
<td>$300.6K</td>
<td>8.9K</td>
<td align="right">510</td>
</tr>
<tr>
<td>NEM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$8.65</td>
<td>$8.55</td>
<td>$8.65</td>
<td>$45.00</td>
<td>$257.7K</td>
<td>4.8K</td>
<td align="right">302</td>
</tr>
<tr>
<td>NEM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$6.35</td>
<td>$6.25</td>
<td>$6.35</td>
<td>$42.50</td>
<td>$173.3K</td>
<td>3.1K</td>
<td align="right">300</td>
</tr>
</tbody>
</table>

<h3>About Newmont</h3>
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 5.5 million ounces of gold in 2024 from its core mines and 6.8 million in total. It is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.
In light of the recent options history for Newmont, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Newmont</h3>
<ul>
<li>Currently trading with a volume of 1,927,050, the NEM's price is down by -1.89%, now at $37.55. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 59 days.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Newmont options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

This Is What Whales Are Betting On Newmont

Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has outperformed the market over the past 10 years by 28.92% on an annualized basis producing an average annual return of 39.92%. Currently, Tesla has a market capitalization of $1.37 trillion. 
Buying $1000 In TSLA: If an investor had bought $1000 of TSLA stock 10 years ago, it would be worth $28,316.31 today based on a price of $425.27 for TSLA at the time of writing.
<h3>Tesla's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734969609_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

TSLA

$1000 Invested In Tesla 10 Years Ago Would Be Worth This Much Today

Trident Acquisitions Corp Units (1 Ord & 1 War)

TDACU

Trading Halt: Halt status updated at 11:00:00 AM ET: Quotation Resumption: IPO Security - Released for Quotation

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Loop Capital increased Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) price target from $500 to $550. Loop Capital analyst Eric Beder maintained a Buy rating. Microsoft shares closed at $436.60 on Friday. See how other analysts view this stock.</li>
<li>Truist Securities cut the price target for Vertex Pharmaceuticals Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) from $550 to $460. Truist Securities analyst Joon Lee maintained a Buy rating. Vertex Pharmaceuticals shares closed at $397.27 on Friday. See how other analysts view this stock.</li>
<li>Goldman Sachs lowered the price target for Lennar Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) from $190 to $162. Goldman Sachs analyst Susan Maklari maintained a Neutral rating. Lennar shares closed at $138.08 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Benchmark boosted the price target for Humacyte, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUMA#NASDAQ">HUMA</a>) from $15 to $17. Benchmark analyst Bruce Jackson maintained a Buy rating. Humacyte shares closed at $4.64 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Loop Capital Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) price target from $185 to $205. Loop Capital analyst Mark Schappel maintained a Buy rating. Snowflake shares settled at $166.29 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>RBC Capital raised Uniti Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UNIT#NASDAQ">UNIT</a>) price target from $5.5 to $6. RBC Capital analyst Bora Lee maintained a Sector Perform rating. Uniti shares closed at $5.70 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Loop Capital increased Datadog, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) price target from $160 to $200. Loop Capital analyst Yun Kim maintained a Buy rating. Datadog shares closed at $149.46 on Friday.  <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel cut the price target for Schlumberger Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) from $60 to $59. Stifel analyst Stephen Gengaro maintained a Buy rating. Schlumberger shares settled at $36.83 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays raised Carnival Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) price target from $31 to $32. Barclays analyst Brandt Montour maintained an Overweight rating. Carnival shares closed at $26.80 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>HC Wainwright &amp; Co. increased SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) price target from $8 to $26. HC Wainwright &amp; Co. analyst Scott Buck maintained a Buy rating. SoundHound AI shares closed at $21.75 on Friday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Read This Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/12/42616196/jim-cramer-likes-walmart-recommends-buying-this-very-very-good-financial-stock">Jim Cramer Likes Walmart, Recommends Buying This &#8216;Very, Very Good&#8217; Financial Stock</a></li>
</ul>

DDOG

HUMA

MSFT

SNOW

SOUN

UNIT

VRTX

Microsoft To Rally Around 26%? Here Are 10 Top Analyst Forecasts For Monday

Direct Digital Shares Resume Trade Then Again Halted On Circuit Breaker To The Upside, Stock Now Up 210.9%

Xerox Holdings Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>) shares are trading higher after the company disclosed a deal to acquire Lexmark International, Inc. from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre for<a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/b42643529/xerox-to-acquire-lexmark" rel="noreferrer noopener"> $1.5 billion, including assumed liabilities</a>.
This acquisition will enhance Xerox's core print portfolio and expand its global print and managed print services business.
The acquisition of Lexmark will integrate its solutions with Xerox ConnectKey technology and advanced Print and Digital Services, enhancing Xerox's offering portfolio and reinforcing its commitment to adding value for clients and partners.
It will also boost Xerox's ability to serve clients in the expanding A4 color market while diversifying its distribution and geographic footprint, particularly in the APAC region.
Benefits &amp; Synergies: The combined entity will serve over 200,000 clients across 170 countries, with 125 manufacturing and distribution facilities in 16 countries.
The transaction will immediately lower Xerox's pro forma gross debt leverage ratio from 6.0x as of September 30, 2024, to around 5.4x before synergies.
After realizing $200 million in cost synergies, the ratio is expected to drop to approximately 4.4x. Xerox aims to reduce its gross debt leverage ratio to below 3.0x in the medium term.
The transaction is expected to be immediately accretive to both <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">earnings per share and free cash flow</a>.
Dividend Cut: Xerox's Board of Directors approved a reduction in the annual dividend from $1 per share to 50 cents per share, starting with the dividend expected in the first quarter of 2025.
The company said this decrease in the dividend will free up additional funds for debt reduction while offering shareholders an above-market yield.
The Xerox Board has unanimously approved the transaction, which is subject to regulatory approvals, Ninestar's shareholder approval, and other customary closing conditions.
The deal is expected to close in the second half of 2025, with both Xerox and Lexmark continuing their operations independently until then.
Xerox held $521 million in cash and equivalents <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41599453/xerox-clocks-7th-consecutive-revenue-miss-quarter-in-q3-slashes-2024-outlook-stock-tanks" rel="noreferrer noopener">as of September 30, 2024</a>.
Price Action: XRX shares are up 7.27% at $9.01 at the last check on Monday.
Read Next:
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<li><a href="https://www.benzinga.com//node/42647780" target="_blank" rel="noreferrer noopener">Despegar To Be Acquired By Prosus For $1.7 Billion in All Cash Deal</a></li>
</ul>
Photo by Mats Wiklund via Shutterstock

Equities

Large Cap

Guidance

Movers

Xerox to Expand Global Print Business with $1.5 Billion Lexmark Buyout

Shares of General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) are little changed Monday despite news that rivals Honda Motor Co., Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>) and Nissan Motor Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NSANY#OTC">NSANY</a>) <a href="https://www.benzinga.com/24/12/42642773/honda-nissan-start-merger-talks">are discussing a merger</a>. 
This would create the world's third-largest automaker.
It is not clear how this would affect the long-term prospects of GM. But in the short term, the recent downtrend may be over. The stage may be set for a rally. This is why we have made it our <a href="https://www.benzinga.com/topic/stock-of-the-day">Stock of the Day</a>.
Some analysts believe that markets are efficient and stocks follow a ‘random walk'. They are wrong. If the markets were random, all price levels would have equal importance. Clearly, that's not the case in the markets.
As you can see on the chart below, the $50.00 level has been important for GM since August. It was well-defined resistance and now it has converted into a support level.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="562" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23105205/15-1-1024x562.png" alt="" class="wp-image-704471" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23105205/15-1-1024x562.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23105205/15-1-300x165.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23105205/15-1-768x421.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/23105205/15-1.png 1489w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
From a traditional fundamental analysis point of view, there is no reason why a stock should turn when it reaches a round level like GM did. But from a technical analysis perspective, the reason why is clear. It is because of investor and trader psychology.
Read Also: <a href="https://www.benzinga.com/24/12/42553394/chargepoint-inks-pact-with-general-motors-eyes-installing-ultra-fast-charging-ports-at-key-locations">ChargePoint Inks Pact With General Motors &#8211; Eyes Installing Ultra-fast Charging Ports At Key Locations</a>
People like to place orders at nice round levels, and that is what happened here.
In addition, there is support at the $50.00 level because it had been resistance. In the financial markets support forming at levels that were previously resistance is a common occurrence. It also is because of investor and trader psychology.
It is due to ‘seller's remorse'.
When the $50.00 resistance was broken and the price moved higher, a number of the people who sold shares at the resistance decided that the decision to sell was a mistake. Some vowed to buy their shares back if they can do so at the same price they were sold at.
As a result, when the stock fell back to $50.00, they placed buy orders. The large concentration of these orders formed support.
Some of these buyers may become concerned others will be willing to pay higher prices and they know this is who the sellers will go to. So, they may increase the prices they are willing to pay. Others will see this and may do the same.
It could result in a bidding war or snowball effect that forces GM into a new uptrend.
Read Next: 
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<li><a href="https://www.benzinga.com/24/12/42647650/palantir-vs-lockheed-a-tech-fueled-showdown-in-the-850-billion-defense-market">Palantir Vs. Lockheed: A Tech-Fueled Showdown In The $850 Billion Defense Market</a></li>
</ul>
Image: Shutterstock

Technicals

NSANY

Stock Of The Day: Is The General Motors Downtrend Over?

News Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWS#NASDAQ">NWS</a>) shares are trading higher on Monday. On Sunday, the company inked a deal to sell its Foxtel Group to DAZN Group Limited for <a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/b42639259/news-corp-announces-agreement-to-sell-foxtel-to-dazn-for-enterprise-value-of-a-3-4-billion" rel="noreferrer noopener">an enterprise value</a> of roughly $2.12 billion (AU$3.4 billion).
As part of the deal, News Corp&#8217;s shareholder loans of AU$ 578 million will be fully repaid in cash at closing.
Foxtel&#8217;s debt will be refinanced and transferred, with News Corp retaining a 6% equity stake in DAZN and a seat on its Board of Directors.
Telstra Group Ltd will also sell its minority stake in Foxtel, receive repayment of A$128 million in shareholder loans, and acquire a 3% equity interest in DAZN.7x its fiscal 2024 EBITDA.
The sale of Foxtel follows a strategic and financial review by News Corp as part of its efforts to optimize its portfolio and simplify its structure.
The deal with DAZN, known for its global reach, technology, and extensive content, will further strengthen Foxtel&#8217;s position as a digital-first, streaming-focused company, with Patrick Delany continuing as CEO.
This transaction allows News Corp to sharpen its focus on key growth areas: Dow Jones, Digital Real Estate Services, and Book Publishing.
Additionally, News Corp will maintain a stake in DAZN, a rapidly growing global sports streaming platform with over 300 million viewers across 200 markets.
The transaction is expected to close in the second half of fiscal 2025, subject to regulatory approvals and other customary conditions.
From a financial reporting perspective, Foxtel will be classified as discontinued operations starting in the second quarter of FY25.
News Corp Chief Executive Robert Thomson said, &#8220;Foxtel has been transformed into a genuine digital and streaming leader in Australia, and we believe DAZN is the right owner to take the business to the next level with their technological capabilities, global footprint and compelling sports rights.
&#8221;This transaction also allows News Corp to focus on our other growth pillars of Dow Jones, Digital Real Estate and Book Publishing, while benefiting from repayment of our shareholder loans and an improved credit profile.&#8221;
Shay Segev, DAZN&#8217;s Chief Executive Officer, added, &#8220;Australians watch more sport than any other country in the world, which makes this deal an incredibly exciting opportunity for DAZN to enter a key market, marking another step in our long-term strategy to become the global home of sport.&#8221;
As of September 30, NWS&#8217;s cash and cash <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b41824310/news-corporation-reports-first-quarter-results-for-fiscal-2025" rel="noreferrer noopener">equivalents stood at $1.78 billion</a>.
Investors can gain exposure to the stock via ETF Opportunities Trust Tuttle Capital Shareholders First Index ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ESGX#BATS">ESGX</a>).
Price Action: NWS shares are up 0.36% at $30.81 at the last check on Monday.
Read Next:
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<li><a href="https://www.benzinga.com/general/entertainment/24/12/42401401/murdoch-succession-plan-faces-setback-as-commissioner-rejects-eldest-sons-control" target="_blank" rel="noreferrer noopener">Murdoch Succession Plan Faces Setback As Commissioner Rejects Eldest Son&#8217;s Control</a></li>
</ul>

ETF Opportunities Trust Tuttle Capital Shareholders First Index ETF

ESGX

News Corp Sells Foxtel to DAZN for $2.12 Billion, Retains Stake in Global Sports Streaming

Deep-pocketed investors have adopted a bullish approach towards Trade Desk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in TTD usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 20 extraordinary options activities for Trade Desk. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 60% leaning bullish and 30% bearish. Among these notable options, 16 are puts, totaling $802,286, and 4 are calls, amounting to $156,510.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $110.0 to $170.0 for Trade Desk during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Trade Desk options trades today is 493.67 with a total volume of 5,958.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Trade Desk's big money trades within a strike price range of $110.0 to $170.0 over the last 30 days.
<h3>Trade Desk 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734968728_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TTD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$8.0</td>
<td>$7.8</td>
<td>$7.8</td>
<td>$120.00</td>
<td>$155.2K</td>
<td align="right">55</td>
<td align="right">0</td>
</tr>
<tr>
<td>TTD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/24/25</td>
<td>$5.2</td>
<td>$4.5</td>
<td>$4.5</td>
<td>$120.00</td>
<td>$67.5K</td>
<td align="right">99</td>
<td align="right">150</td>
</tr>
<tr>
<td>TTD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$4.35</td>
<td>$4.05</td>
<td>$4.35</td>
<td>$110.00</td>
<td>$65.2K</td>
<td align="right">59</td>
<td align="right">161</td>
</tr>
<tr>
<td>TTD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$8.6</td>
<td>$8.5</td>
<td>$8.5</td>
<td>$120.00</td>
<td>$63.7K</td>
<td align="right">55</td>
<td align="right">312</td>
</tr>
<tr>
<td>TTD</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>02/21/25</td>
<td>$4.8</td>
<td>$4.6</td>
<td>$4.7</td>
<td>$110.00</td>
<td>$47.0K</td>
<td align="right">59</td>
<td align="right">423</td>
</tr>
</tbody>
</table>

<h3>About Trade Desk</h3>
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on different devices like computers, smartphones, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising.
In light of the recent options history for Trade Desk, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Trade Desk Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 528,990, with TTD's price down by -2.3%, positioned at $122.14.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 52 days.</li>
</ul>
<h3>What The Experts Say On Trade Desk</h3>
In the last month, 4 experts released ratings on this stock with an average target price of $139.5.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Wedbush has revised its rating downward to Outperform, adjusting the price target to $135. 
&#x2A; In a cautious move, an analyst from Scotiabank downgraded its rating to Sector Outperform, setting a price target of $133. 
&#x2A; An analyst from Truist Securities persists with their Buy rating on Trade Desk, maintaining a target price of $155. 
&#x2A; An analyst from Wedbush downgraded its action to Outperform with a price target of $135. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Trade Desk, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Trade Desk's Options Frenzy: What You Need to Know

Investors with significant funds have taken a bullish position in TransMedics Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMDX#NASDAQ">TMDX</a>), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in TMDX usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 9 options transactions for TransMedics Gr. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 33% being bullish and 33% bearish. Of all the options we discovered, 8 are puts, valued at $933,494, and there was a single call, worth $25,600.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $135.0 for TransMedics Gr, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in TransMedics Gr's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to TransMedics Gr's substantial trades, within a strike price spectrum from $60.0 to $135.0 over the preceding 30 days.
<h3>TransMedics Gr 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734968723_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TMDX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$78.0</td>
<td>$73.2</td>
<td>$75.0</td>
<td>$135.00</td>
<td>$300.0K</td>
<td align="right">2</td>
<td align="right">40</td>
</tr>
<tr>
<td>TMDX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>07/18/25</td>
<td>$73.9</td>
<td>$73.8</td>
<td>$73.8</td>
<td>$135.00</td>
<td>$244.0K</td>
<td align="right">43</td>
<td align="right">33</td>
</tr>
<tr>
<td>TMDX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$32.5</td>
<td>$28.9</td>
<td>$28.91</td>
<td>$80.00</td>
<td>$144.5K</td>
<td align="right">141</td>
<td align="right">50</td>
</tr>
<tr>
<td>TMDX</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/19/25</td>
<td>$47.8</td>
<td>$43.6</td>
<td>$45.56</td>
<td>$100.00</td>
<td>$82.0K</td>
<td align="right">37</td>
<td align="right">18</td>
</tr>
<tr>
<td>TMDX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$20.0</td>
<td>$18.0</td>
<td>$20.0</td>
<td>$65.00</td>
<td>$80.0K</td>
<td align="right">89</td>
<td align="right">40</td>
</tr>
</tbody>
</table>

<h3>About TransMedics Gr</h3>
TransMedics Group Inc is a commercial-stage medical technology company transforming organ transplant therapy for end-stage organ failure patients across multiple disease states. It has developed the Organ Care System(OCS) to comprehensively address the limitations of cold storage. The OCS is a portable organ perfusion, optimization and monitoring system that utilizes technology to replicate near-physiologic conditions for donor organs outside of the human body. The Company has developed and is commercializing a proprietary system to preserve and deliver human organs for transplant in a near-physiologic condition to address the limitations of cold storage organ preservation.
<h3>Present Market Standing of TransMedics Gr</h3>
<ul>
<li>With a trading volume of 288,303, the price of TMDX is up by 1.87%, reaching $62.85.</li>
<li>Current RSI values indicate that the stock is may be approaching oversold.</li>
<li>Next earnings report is scheduled for 63 days from now.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for TransMedics Gr with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

TMDX

Market Whales and Their Recent Bets on TMDX Options

Investors with a lot of money to spend have taken a bullish stance on Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with NKE, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 13 options trades for Nike.
This isn't normal.
The overall sentiment of these big-money traders is split between 46% bullish and 46%, bearish.
Out of all of the options we uncovered, 12 are puts, for a total amount of $626,297, and there was 1 call, for a total amount of $36,670.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $70.0 to $100.0 for Nike during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Nike's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Nike's substantial trades, within a strike price spectrum from $70.0 to $100.0 over the preceding 30 days.
<h3>Nike Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734968717_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$22.15</td>
<td>$21.8</td>
<td>$21.8</td>
<td>$100.00</td>
<td>$183.1K</td>
<td align="right">4</td>
<td align="right">84</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>02/21/25</td>
<td>$8.45</td>
<td>$8.25</td>
<td>$8.34</td>
<td>$85.00</td>
<td>$55.8K</td>
<td align="right">477</td>
<td align="right">204</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$8.45</td>
<td>$8.3</td>
<td>$8.3</td>
<td>$85.00</td>
<td>$55.6K</td>
<td align="right">477</td>
<td align="right">271</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$6.5</td>
<td>$6.25</td>
<td>$6.25</td>
<td>$82.50</td>
<td>$55.0K</td>
<td align="right">324</td>
<td align="right">176</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$18.25</td>
<td>$17.65</td>
<td>$18.17</td>
<td>$95.00</td>
<td>$50.8K</td>
<td align="right">20</td>
<td align="right">29</td>
</tr>
</tbody>
</table>

<h3>About Nike</h3>
Nike is the largest athletic footwear and apparel brand in the world. Key categories include basketball, running, and football (soccer). Footwear generates about two thirds of its sales. Its brands include Nike, Jordan (premium athletic footwear and clothing), and Converse (casual footwear). Nike sells products worldwide through company-owned stores, franchised stores, and third-party retailers. The firm also operates e-commerce platforms in more than 40 countries. Nearly all its production is outsourced to contract manufacturers in more than 30 countries. Nike was founded in 1964 and is based in Beaverton, Oregon.
Having examined the options trading patterns of Nike, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of Nike</h3>
<ul>
<li>Trading volume stands at 3,639,215, with NKE's price down by -0.08%, positioned at $76.88.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 87 days.</li>
</ul>
<h3>Professional Analyst Ratings for Nike</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $77.4.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Stifel keeps a Hold rating on Nike with a target price of $75. 
&#x2A; An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $84. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for Nike, targeting a price of $73. 
&#x2A; An analyst from Deutsche Bank persists with their Buy rating on Nike, maintaining a target price of $82. 
&#x2A; An analyst from UBS has decided to maintain their Neutral rating on Nike, which currently sits at a price target of $73. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Nike with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Nike Unusual Options Activity

As Q4 nears, undervalued tech stocks offer growth potential, especially in sectors like AI. Therefore, you might want to tap into this opportunity to invest in undervalued tech stocks like TD SYNNEX Corp (SNX), Jabil (JBL), and Dropbox (DBX) for long-term gains. Read on… As the tech sector heads into Q4 with factors like recent market corrections, profit-taking after a volatile year, and stronger-than-expected earnings in sub sectors like cloud computing and semiconductors, the companies are showing signs of potential rebound.
Amid this backdrop, investors looking for an opportunity to invest might consider adding strong fundamental tech stocks, TD SYNNEX Corporation (<a href="https://stocknews.com/stock/SNX/">SNX</a>), Jabil Inc. (<a href="https://stocknews.com/stock/JBL/">JBL</a>), and Dropbox, Inc. (<a href="https://stocknews.com/stock/DBX/">DBX</a>), as they are trading at discounts.
With market sentiment starting to improve and economic data stabilizing, there has been a bull market momentum for tech stocks. Out of eleven S&amp;P 500 sectors, the information technology sector is ranked ninth, where it is the largest sector, comprising <a href="https://www.usbank.com/investing/financial-perspectives/market-news/investing-in-tech-stocks.html">nearly 32% of the index's value</a>.
As companies lean more into digital transformation, tech stocks in software, hardware, and cloud sectors are anticipated to benefit from increasing demand. For the tech sector specifically, analysts are optimistic about a potential return to modest growth in 2024, <a href="https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/technology-industry-outlook.html">with more robust prospects for 2025</a>. As per the Deloitte report, economists project that AI-related investments <a href="https://www2.deloitte.com/content/dam/Deloitte/us/Documents/technology-media-telecommunications/2024-tmt-outlook-technology.pdf">will reach $200 billion</a> globally by 2025.
According to <a href="https://www.statista.com/outlook/tmo/it-services/worldwide">Statista</a>, the global IT services market is anticipated to reach $1.88 trillion by 2029, growing at a CAGR of 5.8%. Moreover, analysts expect growth-oriented stocks to recover, especially those with proven innovation and robust cash flows, setting the stage for undervalued tech stocks to gain renewed interest.
Considering these conducive trends, let's assess the fundamentals of the three abovementioned <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> stocks, starting with the third choice.
Stock #3: TD SYNNEX Corporation (<a href="https://stocknews.com/stock/SNX/">SNX</a>)
SNX operates as a global distributor and solutions aggregator for the IT ecosystem. It has two primary solution portfolios: Endpoint Solutions and Advanced Solutions. The company provides personal computing devices, endpoint technology software, and a range of data center technologies, including hybrid cloud, security, storage, networking, servers, and computing components.
On October 15, SNX's subsidiary, Hyve Solutions Corporation, announced the launch of its Orion product line featuring the NVIDIA HGX platform. These solutions are optimized for the NVIDIA Hopper platform and are fully compatible with the NVIDIA Blackwell platform, ensuring customers address both present and emerging AI computational needs. The new launch offers a seamless solution to the customers.
On October 10, SNX launched its Destination AI Practice Accelerator to fast-track AI go-to-market efforts and monetization for partners. This launch enables partners to identify AI opportunities for their end customers and build an AI practice to meet those needs with a customized strategy and support.
In terms of forward non-GAAP <a href="https://www.investopedia.com/terms/p/price-earningsratio.asp">P/E</a>, SNX is trading at 9.86x, 58.9% lower than the industry average of 24.00x. Likewise, the stock's forward EV/Sales and Price/Sales multiples of 0.22 and 0.17 are 92.4% and 94.2% lower than their respective industry averages of 2.95 and 2.93.
In the fiscal third quarter that ended on August 31, 2024, SNX's revenue increased 5.2% year-over-year to $14.68 billion. The company reported an operating income[AD1]  of $302.88 million, indicating a 26.1% growth from the prior-year quarter.
SNX's net income came in at $178.56 million, up 28.2% year-over-year, while its non-GAAP earnings per share grew 2.9% from the year-ago value to $2.86.
Analysts expect SNX's revenue for the fiscal year (ending November 2024) to increase marginally year-over-year to $57.90 billion, while its EPS for the same period is expected to grow 3.53%from the prior year's period to $11.66.
The stock has gained 24.2% over the past year and 14.4% over the past nine months to close the last trading session at $115.50.
SNX's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
SNX has a B grade for Value and Sentiment. It is ranked #18 out of 77 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry. <a href="https://stocknews.com/stock/SNX/">Click here</a> to see the additional ratings for SNX (Growth, Momentum, Stability, and Quality).
Stock #2: Jabil Inc. (<a href="https://stocknews.com/stock/JBL/">JBL</a>)
JBL is a worldwide provider of manufacturing services and solutions. It operates in two segments: Electronics Manufacturing Services and Diversified Manufacturing Services. The company specializes in electronics design, production, product management, circuit design, firmware development, prototyping, and the design of plastic and metal enclosures with integrated electro-mechanical components like PCBA.
On October 14, JBL introduced an expansion of its server portfolio with the J421E-S and J422-S servers, powered by AMD 5th Generation EPYC and Intel Xeon 6 processors. This addition is efficient, high in performance, and optimized for AI, FinTech, and cloud applications.
On October 3, JBL completed its acquisition of Mikros Technologies LLC, a leader in the engineering and manufacturing of liquid cooling solutions for thermal management. This acquisition will allow JBL to extend its range of services and will also help its customers manage the intense thermal requirements of their current and next-generation products.
In terms of forward non-GAAP P/E, JBL is trading at 15.07x, 37.2% lower than the industry average of 24.00x. Likewise, the stock's forward EV/Sales and Price/Cash Flow multiples of 0.58 and 0.53 are 80.2% and 81.8% lower than the industry averages of 2.95x and 2.93x, respectively.
JBL's net revenue for the fiscal 2024, which ended on August 31, stood at $28.88 billion. Its operating income grew 31% from the prior year's period to $2.01 billion.
The company's net income attributable rose 69.7% from the year-ago value to $1.39 billion, while its EPS stood at $11.17, up 85.5% year-over-year. In addition, JBL's adjusted free cash flow rose 2.8% from the year-ago value to $1.06 million.
Street expects SNX's revenue for the fiscal third quarter (ending May 2025) to increase marginally year-over-year to $6.81 billion. Its EPS for the same period is expected to register a 20.1% growth from the prior year, settling at $2.27. In addition, it surpassed the EPS in three of the trailing four quarters, which is promising.
JBL shares have surged 17.1% over the past three months and 11.6% over the past six months to close the last trading session at $127.67.
It's no surprise that JBL has an overall rating of B, equating to a Buy in our POWR Ratings system. It has an A grade for Momentum and a B for Growth, Value, and Quality. Out of 77 stocks in the same industry, JBL is ranked #8.
Beyond what is stated above, we've also rated JBL for Stability and Sentiment. Get all JBL's ratings <a href="https://stocknews.com/stock/JBL/">here</a>.
Stock #1: Dropbox, Inc. (<a href="https://stocknews.com/stock/DBX/">DBX</a>)
DBX provides tools to help distributed teams prioritize, get organized, and keep work moving securely from anywhere. The company's platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app and upgrade to a paid subscription plan for premium features.
On October 15, DBX announced Dropbox Dash for Business, an AI-powered universal search product. This launch makes it easy for teams to find, organize, share, and secure company information, which helps save time and cost.
In terms of forward non-GAAP P/E, DBX is trading at 11.60x, which is 51.7% lower than the industry average of 24.00x. The stock's forward Price/Cash Flow ratio of 8.88x is 58.5% below the industry average of 21.38x. Also, its forward EV/EBITDA multiple of 9.31 compares to the industry average of 14.51x.
For the second quarter of 2024, which ended on June 30, DBX's total revenues increased marginally year-over-year to $634.50 million. Its non-GAAP income from operations stood at $227.90 million, indicating a 6.9% growth from the prior-year quarter, with a non-GAAP operating margin of 35.9% (up 170 bps year-over-year).
DBX's non-GAAP net income amounted to $194.10 million and $0.60 per share, reflecting 11.6% and 17.6% year-over-year increases, respectively. Also, the company's non-GAAP free cash flow grew by 21.7% from the year-ago value to $224.7 million.
The consensus revenue estimate of $642.81 million for the fiscal fourth quarter (ending December 2024) represents a marginal increase year-over-year. The consensus EPS estimate of $0.53 for the same quarter indicates a 5.1% improvement year-over-year. The company has an impressive surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
Over the past three months, the stock has gained 11.9%, closing the last trading session at $25.98.
DBX's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It also has an A grade of Quality and a B for Value. Within the Technology - Services industry, it is ranked #6. <a href="https://stocknews.com/stock/DBX/">Click here</a> to see DBX's ratings for Growth, Momentum, Stability, and Sentiment.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
JBL shares were trading at $128.32 per share on Monday afternoon, up $0.65 (+0.51%). Year-to-date, JBL has gained 0.93%, versus a 21.27% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/jbl-snx-dbx-3-undervalued-tech-stocks-to-buy-before-q4-rallies/>3 Undervalued Tech Stocks to Buy Before Q4 Rallies</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Undervalued Tech Stocks to Buy Before Q4 Rallies

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