AXS Esoterica NextG Economy ETF (BATS: WUGI)

Latest news for AXS Esoterica NextG Economy ETF (BATS:WUGI)

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AXS Investments empowers investors, advisors, traders and asset allocators to access distinctive exposures for investing and trading. It manages innovative and award-winning ETFs and mutual funds with differentiated approaches to growth, income, alternative and sustainable investing. The firm is known for investment product innovation and was the first to introduce leveraged single stock ETFs designed as trading tools to capitalize on volatile stocks or themes. Its investor-friendly fund family can help investors seek higher income, invest for sustainability, and diversify portfolios with non-traditional strategies.

AXS Investments

The fund is an actively-managed ETF that will invest, under normal circumstances, at least 80% of its total assets in domestic and foreign equity securities of companies whose economic fortunes are significantly tied to the fifth generation digital cellular network technology (5G) enabled digital economy, including companies involved in the production of 5G technology and companies that may benefit from the use of 5G. The fund is non-diversified.

Nvidia Corp.

Microsoft Corp

Advanced Micro Devices Inc.

Taiwan Semiconductor - Adr

Synopsys Inc.

Amazon.Com Inc

Asml Holding Nv Adr

Broadcom Inc

Macom Tech Solutions Hldgs Inc Com

AXS Esoterica NextG Economy ETF

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EA Series Trust Strive U.S. Semiconductor ETF

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WUGI

Chip behemoth NVIDIA (NASDAQ: NVDA) just witnessed a volatile week, initially reaching all-time highs and then meeting with a reversal. The stock was down 2.5% last week.

NVIDIA ETFs Seesaw Last Week: What&#39;s in Store?

FTXL

INTC

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SOXQ

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

Big chipmakers have been racing to introduce new-generation artificial intelligence chips.

Chip ETFs in Focus on New Generation AI Product Launches

Long Ideas

Sector ETFs

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Technicals

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ESPO

PowerShares Exchange-Traded Fund Trust Dynamic Semiconductor Portfolio

Advanced Micro Devices Inc. (NASDAQ: AMD) shares were trading higher Thursday after the chipmaker and Google Cloud announced T2D.

T2D is the first in a new family of Tau Virtual Machines powered by a third-generation AMD EPYC processor.

Where Could Advanced Micro Devices Stock Go After Company Announcement?

Wells Fargo analyst Gabe Hajde maintains Ardagh Metal Packaging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBP#NYSE">AMBP</a>) with a Equal-Weight and lowers the price target from $4.1 to $3.95.

Price Target

Analyst Ratings

AMBP

Wells Fargo Maintains Equal-Weight on Ardagh Metal Packaging, Lowers Price Target to $3.95

Semiconductor stock NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) has been one of the best performing stocks over the last year and five years, but has been beaten by software company MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) for <a href="https://www.benzinga.com/markets/cryptocurrency/21/09/22923624/if-you-invested-1-000-in-bitcoin-when-microstrategy-first-bought-it-heres-how-much-you-wou">one key reason.</a>
What Happened: Nvidia stock is up 2,878% over the last five years and up 172% over the last year. The<a href="https://www.benzinga.com/news/24/06/39386946/microsoft-apple-step-aside-nvidia-is-now-the-most-valuable-public-company-in-the-world"> company briefly passed</a> Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) to be the most valuable company in the world earlier this year.
A look at the five-year <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1">chart from Benzinga Pro</a> below shows how the stock has surged in the past couple years thanks to the company's dominant market share and growth through artificial intelligence products.
<figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="509" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100701/Screenshot-64.png" alt="" class="wp-image-440909" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100701/Screenshot-64.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100701/Screenshot-64-300x153.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100701/Screenshot-64-768x393.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
While Nvidia shares are up significantly, software company MicroStrategy has outperformed the semiconductor stock since Aug. 10, 2020.
That date is important in the history of MicroStrategy and in the cryptocurrency community as it marks the start of MicroStrategy getting on the Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) standard.
A look at the five-year chart <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1">from Benzinga Pro </a>shows the performance of MicroStrategy below.
<figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="489" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100638/Screenshot-63.png" alt="" class="wp-image-440907" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100638/Screenshot-63.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100638/Screenshot-63-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100638/Screenshot-63-768x377.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
The software company first invested $250 million in Bitcoin in August 2020 and has been buying the leading cryptocurrency ever since.
"To outperform $NVDA – get on the #Bitcoin Standard," MicroStrategy founder and chairman Michael Saylor <a href="https://x.com/saylor/status/1812977073071485245">tweeted</a>.
Saylor shared a chart showing the performance of several stocks and Bitcoin from Aug. 10, 2020 through July 15, 2024. The stocks and returns are listed below:
<ul>
<li>MicroStrategy: +1,203%</li>
<li>Nvidia: +1,050%</li>
<li>Bitcoin: +433%</li>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>): +167%</li>
<li>Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>): +152%</li>
<li>Microsoft: +118%</li>
<li>Apple: +108%</li>
<li>Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>): +89%</li>
<li>Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>): +36%</li>
<li>Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>): +22%</li>
</ul>
The return of both MicroStrategy and Nvidia has outperformed the return of Bitcoin. The <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1">Benzinga Pro chart</a> below shows the performance of Bitcoin over the last five years.
<figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="799" height="506" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100725/Screenshot-65.png" alt="" class="wp-image-440910" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100725/Screenshot-65.png 799w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100725/Screenshot-65-300x190.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100725/Screenshot-65-768x486.png 768w" sizes="(max-width: 799px) 100vw, 799px" /></a></figure>
Saylor also <a href="https://x.com/saylor/status/1813197023341904028">shared </a>a clip from Fox Business where host Charles Payne discussed the performance of Bitcoin versus other asset classes since 2013.
"28% of young people say they want it and I'll tell you why," Payne said.
The Fox anchor circled Bitcoin at the top of the yearly chart as the top performing asset in 2013, 2015, 2016, 2017, 2019, 2020, 2021 and 2023.
Payne said going back to 2013, Bitcoin is the number one performing asset, up 315,000%.
The <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1">Benzinga Pro chart </a>below shows the 10-year performance of Bitcoin.
<figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071724&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="821" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100749/Screenshot-66.png" alt="" class="wp-image-440911" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100749/Screenshot-66.png 821w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100749/Screenshot-66-300x183.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/17100749/Screenshot-66-768x470.png 768w" sizes="(max-width: 821px) 100vw, 821px" /></a></figure>
Read Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/04/38464921/michael-saylor-summarizes-why-microstrategy-is-superior-to-bitcoin-etfs">Michael Saylor Summarizes Why MicroStrategy Is Superior To Bitcoin ETFs</a>
Why It's Important: Before<a href="https://www.benzinga.com/markets/cryptocurrency/24/01/36514679/wall-street-enters-the-crypto-age-sec-issues-historic-approval-of-spot-bitcoin-etfs"> Bitcoin ETFs were approved</a>, MicroStrategy was one of the ways for investors to get exposure to the leading cryptocurrency.
"We think that the highest quality, best asset in the world is Bitcoin," Saylor<a href="https://www.benzinga.com/markets/cryptocurrency/22/06/27865236/exclusive-michael-saylors-microstrategy-is-married-to-bitcoin-everything-else-in-the-world"> told Benzinga in an interview</a>. "Everything else in the world is inferior to Bitcoin."
Saylor said if you gave him $1 million, he wouldn't buy a sports team, a building or a company.
"All I want to buy is Bitcoin."
Saylor also cautioned trying to time the market and buying Bitcoin at its lowest price, instead choosing to accumulate over a long-time horizon.
"But if you look out over four years or six years or eight years, then simply acquiring high-quality property with free cash flow is generally a really good investment strategy."
Saylor said when it comes to business and Bitcoin strategy, it's simple.
"We have a simple strategy and our strategy is we just acquire Bitcoin, and we hold the Bitcoin."
MicroStrategy <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39412260/whats-going-on-with-microstrategy-stock-thursday">recently bought</a> 11,931 additional Bitcoin. The company now holds 226,331 Bitcoin worth around $14.7 billion. The company paid an average of $36,798 per Bitcoin.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/education/24/06/39466991/michael-saylor-2012-apple-stock-prediction-goes-viral-heres-what-bitcoin-bull-got-right-whoever">Michael Saylor 2012 Apple Stock Prediction Goes Viral, Here&#8217;s What Bitcoin Bull Got Right: &#8216;Whoever Is Selling That Stock Must Be A Moron&#8217;</a></li>
</ul>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
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<iframe loading="lazy" title="MicroStrategy CEO Michael Saylor &amp; The Future of Bitcoin! &#x7C; Benzinga" width="500" height="281" src="https://www.youtube.com/embed/iseJFVyMnV8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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Image created using a photo from Wikimedia and image generated with Midjourney.

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

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NFLX

TSLA

Missed Out On Nvidia? Michael Saylor Says 'Get On The Bitcoin Standard' For Even Better Returns

Wells Fargo analyst Gabe Hajde maintains AptarGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATR#NYSE">ATR</a>) with a Overweight and raises the price target from $163 to $168.

Wells Fargo Maintains Overweight on AptarGroup, Raises Price Target to $168

Keefe, Bruyette &amp; Woods analyst Ryan Krueger maintains Primerica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRI#NYSE">PRI</a>) with a Market Perform and raises the price target from $255 to $275.

Keefe, Bruyette & Woods Maintains Market Perform on Primerica, Raises Price Target to $275

Keefe, Bruyette &amp; Woods analyst David Konrad maintains PNC Finl Servs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>) with a Underperform and raises the price target from $152 to $162.

Keefe, Bruyette & Woods Maintains Underperform on PNC Finl Servs Gr, Raises Price Target to $162

Keefe, Bruyette &amp; Woods analyst Damon Delmonte reiterates Mercantile Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBWM#NASDAQ">MBWM</a>) with a Outperform and raises the price target from $47 to $51.

Reiteration

MBWM

Keefe, Bruyette & Woods Reiterates Outperform on Mercantile Bank, Raises Price Target to $51

Cantor Fitzgerald analyst Sarah James reiterates UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) with a Overweight and maintains $591 price target.

Cantor Fitzgerald Reiterates Overweight on UnitedHealth Group, Maintains $591 Price Target

U.S. stocks were mixed, with the Dow Jones index gaining around 150 points on Wednesday.
Shares of U.S. Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USB#NYSE">USB</a>) shares rose during Wednesday's session following a <a href="https://www.benzinga.com/news/earnings/24/07/39813946/us-bancorp-q2-earnings-net-interest-income-dips-but-fee-income-grows">second-quarter earnings beat</a>.
Revenue stood at $6.867 billion (-4.3% Y/Y), beating the consensus of $6.795 billion. Adjusted earnings per share totaled 98 cents, beating the consensus of 94 cents, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
U.S. Bancorp shares gained 4.7% to $45.34 on Wednesday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul>
<li>Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) shares jumped 16.4% to $19.60 after the company reported better-than-expected Q4 financial results and issued FY25 revenue guidance above estimates. Also, the company announced it entered into a stock purchase agreement and made $12.7 million in orders for its FOX WaferPak full wafer Contractors.</li>
<li>The Honest Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HNST#NASDAQ">HNST</a>) shares rose 14% to $4.0350.</li>
<li>GLOBALFOUNDRIES Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) surged 12.7% to $61.36.</li>
<li>Stardust Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDST#NASDAQ">SDST</a>) rose 11.1% to $11.11.</li>
<li>Bloom Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) gained 9.4% to $16.50 after the company announced a strategic partnership with CoreWeave.</li>
<li>fuboTV Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUBO#NYSE">FUBO</a>) gained 9.1% to $1.5610</li>
<li>GitLab Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) shares climbed 8.4% to $54.92 following a report suggesting the company is exploring a sale.</li>
<li>SunCar Technology Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDA#NASDAQ">SDA</a>) rose 8.2% to $9.14.</li>
<li>Bloom Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) gained 8% to $16.27 after the company announced a strategic partnership with CoreWeave.</li>
<li>V.F. Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) rose 7.8% to $15.35 after the company announced it entered into a Stock and Asset Purchase Agreement to sell its Supreme brand to EssilorLuxottica for $1.5 billion in cash.</li>
<li>Nicolet Bankshares, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIC#NYSE">NIC</a>) surged 7.4% to $100.14 following upbeat quarterly earnings.</li>
<li>Cal-Maine Foods, Inc. (NASDAQ: CALM) shares rose 5.6% to $67.93. Cal-Maine Foods is scheduled to release its fourth quarter and fiscal 2024 financial results on Tuesday, July 23.</li>
<li>UTime Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTO#NASDAQ">WTO</a>) gained 5.5% to $1.0262.</li>
<li>Hancock Whitney Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWC#NASDAQ">HWC</a>) rose 5.3% to $56.51 following upbeat second-quarter results.</li>
<li>Bristol-Myers Squibb Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>) gained 5.2% to $43.40.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39814468/alphabet-crowdstrike-and-2-other-stocks-insiders-are-selling">Alphabet, CrowdStrike And 2 Other Stocks Insiders Are Selling</a></li>
</ul>

Intraday Update

AEHR

CALM

FUBO

GTLB

HNST

Market Index Target Term Securities Linked To The Dow Jones Industrial Average

SDST

US Bancorp Posts Upbeat Earnings, Joins Aehr Test Systems, Hancock Whitney And Other Big Stocks Moving Higher On Wednesday

Keefe, Bruyette &amp; Woods analyst Catherine Mealor maintains Hancock Whitney (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWC#NASDAQ">HWC</a>) with a Outperform and raises the price target from $55 to $60.

Keefe, Bruyette & Woods Maintains Outperform on Hancock Whitney, Raises Price Target to $60

Biotech

General

LEXX

Interim Body Weight Results From Lexaria's Diabetes Animal Study; Says DehydraTech Appears To Work With A Second GLP-1 Drug Liraglutide; DehydraTech-CBD Is Showing Strong Apparent Performance Relative To GLP-1, Appears To Be Working With Semaglutide Both With And Without SNAC Technology

Keefe, Bruyette &amp; Woods analyst Catherine Mealor maintains FB Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBK#NYSE">FBK</a>) with a Market Perform and raises the price target from $40 to $45.

Keefe, Bruyette & Woods Maintains Market Perform on FB Financial, Raises Price Target to $45

WIIM

Prologis shares are trading higher after the company reported better-than-expected Q2 financial results.

Wells Fargo analyst Stephen Baxter maintains UnitedHealth Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) with a Overweight and raises the price target from $525 to $630.

Wells Fargo Maintains Overweight on UnitedHealth Group, Raises Price Target to $630

Bloom Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) shares are trading higher Wednesday after the company announced a&nbsp;<a href="https://www.benzinga.com/pressreleases/24/07/b39803388/bloom-energy-and-coreweave-partner-to-revolutionize-ai-data-center-power-solutions" target="_blank" rel="noreferrer noopener">strategic partnership with CoreWeave</a>.
What To Know: After the market close on Tuesday, Bloom Energy announced it entered into a partnership to deploy its proprietary fuel cells to generate on-site power for&nbsp;CoreWeave&nbsp;at a high-performance data center in Illinois.&nbsp;
The data center, which is owned by Chirisa Technology Parks, will facilitate high-density deployments with advanced cooling systems, allowing CoreWeave to offer efficient cloud solutions for AI.&nbsp;Bloom Energy noted that the partnership underscores its ability to meet the rising energy demands of the AI sector.
"Bloom Energy is thrilled to have been selected by CoreWeave. This validation from CoreWeave, a leader in AI, is a testament to our leading-edge technology and its importance to AI," said&nbsp;Aman Joshi, chief commercial officer of Bloom Energy.
Bloom Energy said its fuel cells are set to be commissioned in&nbsp;the third quarter of&nbsp;2025. The company also noted that it has solid oxide fuel cells installed at customer sites around the world in an effort to meet the future energy requirements of the global AI industry.
Don&#8217;t Miss: <a href="https://www.benzinga.com/news/24/07/39814468/alphabet-crowdstrike-and-2-other-stocks-insiders-are-selling">Alphabet, CrowdStrike And 2 Other Stocks Insiders Are Selling</a>
<h2 class="wp-block-heading">How To Buy BE Stock</h2>
By now you're likely curious about how to participate in the market for Bloom Energy &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. In the case of Bloom Energy, which is trading at $16.37 as of publishing time, $100 would buy you 6.11 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
BE Price Action: <a href="https://www.benzinga.com/quote/BE">Bloom Energy shares</a> were up 10.3% at $16.63 at time of writing, according to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Photo: 3844328 from Pixabay.

Why Bloom Energy Stock Is Rallying Today

Keefe, Bruyette &amp; Woods analyst Ryan Tomasello maintains CoStar Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>) with a Outperform and lowers the price target from $109 to $100.

CSGP

Keefe, Bruyette & Woods Maintains Outperform on CoStar Gr, Lowers Price Target to $100

Wells Fargo analyst Whit Mayo maintains PNC Finl Servs Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>) with a Overweight and raises the price target from $194 to $204.

Wells Fargo Maintains Overweight on PNC Finl Servs Gr, Raises Price Target to $204

RBC Capital analyst Shagun Singh reiterates Medtronic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) with a Sector Perform and maintains $92 price target.

RBC Capital Reiterates Sector Perform on Medtronic, Maintains $92 Price Target

Keefe, Bruyette &amp; Woods analyst Wood Lay reiterates CrossFirst Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFB#NASDAQ">CFB</a>) with a Outperform and raises the price target from $17 to $20.

Keefe, Bruyette & Woods Reiterates Outperform on CrossFirst Bankshares, Raises Price Target to $20

Wells Fargo analyst Roger Read maintains Antero Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AR#NYSE">AR</a>) with a Overweight and lowers the price target from $43 to $38.

Wells Fargo Maintains Overweight on Antero Resources, Lowers Price Target to $38

Investors with a lot of money to spend have taken a bearish stance on KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</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 these are institutions or just wealthy individuals, we don't know. But when something this big happens with KBH, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 8 uncommon options trades for KB Home.
This isn't normal.
The overall sentiment of these big-money traders is split between 37% bullish and 50%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $131,010, and 6 are calls, for a total amount of $299,837.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $70.0 to $80.0 for KB Home over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for KB Home options trades today is 908.25 with a total volume of 1,727.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for KB Home's big money trades within a strike price range of $70.0 to $80.0 over the last 30 days.
<h3>KB Home Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721226729_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>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>KBH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$12.2</td>
<td>$11.7</td>
<td>$11.87</td>
<td>$70.00</td>
<td>$88.1K</td>
<td>1.1K</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>KBH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$4.2</td>
<td>$4.1</td>
<td>$4.2</td>
<td>$80.00</td>
<td>$73.0K</td>
<td>1.3K</td>
<td style="text-align: right;">300</td>
</tr>
<tr>
<td>KBH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.9</td>
<td>$6.6</td>
<td>$6.6</td>
<td>$80.00</td>
<td>$66.0K</td>
<td>235</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>KBH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$6.8</td>
<td>$6.5</td>
<td>$6.5</td>
<td>$80.00</td>
<td>$65.0K</td>
<td>235</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>KBH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$4.3</td>
<td>$4.2</td>
<td>$4.22</td>
<td>$80.00</td>
<td>$46.4K</td>
<td>1.3K</td>
<td style="text-align: right;">190</td>
</tr>
</tbody>
</table>

<h3>About KB Home</h3>
KB Home is an American construction company that focuses on residential construction in United States. The company builds single-family homes and communities across different geographical segments which include West Coast which also derives the majority of the revenue, Southwest, Central, and Southeast. The company operates in several markets and focuses on first-time and move-up homebuyers. It also invests in land acquisition and development to support future building activities and is also engaged in financial services operations which includes providing mortgage banking services through its joint venture with a third party.
Following our analysis of the options activities associated with KB Home, we pivot to a closer look at the company's own performance.
<h3>Where Is KB Home Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 257,061, with KBH's price down by -0.29%, positioned at $81.89.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 63 days.</li>
</ul>
<h3>What The Experts Say On KB Home</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $77.8.
<ul>
<li>An analyst from Evercore ISI Group has decided to maintain their Outperform rating on KB Home, which currently sits at a price target of $89. </li>
<li>Maintaining their stance, an analyst from Wedbush continues to hold a Neutral rating for KB Home, targeting a price of $67. </li>
<li>Maintaining their stance, an analyst from RBC Capital continues to hold a Sector Perform rating for KB Home, targeting a price of $70. </li>
<li>An analyst from Keefe, Bruyette &amp; Woods persists with their Market Perform rating on KB Home, maintaining a target price of $77. </li>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for KB Home, targeting a price of $86. </li>
</ul>
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 KB Home options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

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