A whale with a lot of money to spend has taken a noticeably bullish stance on Home Depot.
Looking at options history for Home Depot (NYSE:HD) we detected 16 strange trades.
Over the past 3 months, 12 analysts have published their opinion on Home Depot (NYSE:HD) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Jefferies cut the price target on Amazon.com, Inc. (NASDAQ: AMZN) from $163 to $150. However, Jefferies analyst Brent Thill maintained a Buy rating on the stock. Amazon shares rise 2.5% to trade at $121.19 on Wednesday.
Someone with a lot of money to spend has taken a bearish stance on Home Depot (NYSE:HD).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Home Depot (NYSE:HD) has outperformed the market over the past 20 years by 4.39% on an annualized basis producing an average annual return of 12.33%. Currently, Home Depot has a market capitalization of $295.33 billion.
A whale with a lot of money to spend has taken a noticeably bearish stance on Home Depot.
Looking at options history for Home Depot (NYSE:HD) we detected 40 strange trades.