UPS Sees High Volume In Purchase By Stock Traders


On Thursday United Parcel Service Incorporated (NYSE UPS) saw some unusual activity in its options trading. Traders purchased call options numbering 373276 on its stock. This signifies a 1080% increase in comparison to the usual 31633 daily volume call options.

Stock Commentary On UPS Stock

Several research analysts have issued their reports on UPS stock. Argus increased its price target to $220 from $185 while giving a rating of buy on 28th April, Wednesday. Berenberg Bank increased its rating to “hold” from “sell” while increasing the price target to $150 from $130 on 3rd May, Monday. Raymond James increased their price target to $223 from $200 while issuing a rating of “strong-buy” on 4th May, Tuesday. Craig Hallum increased their price target to $25 from $12 on 8th February, Monday. Loop Capital increased their objective price to $250 from $203 while issuing a rating of “buy” on 28th April, Wednesday.

Laura J. Lane, an insider, sold off 2375 UPS shares on 26th February, Friday at a $157.93 average price per share. Norman M. Brothers, Jr., also sold off 13337 shares on 22nd February, Monday at a $159.64 average price per share.

Inspire Advisors LLC, Oder Investment Management LLC, JJJ Advisors Inc., BDO Wealth Advisors LLC, and Wealthcare Capital Management LLC all boosted their stakes.

On Thursday, the stock traded downwards by $0.35 reaching $214. The market capitalization value stands at $186.29B with a 0.98 beta. The highest and lowest of the stock over a period of one year stands at $219.59 and $95.70 respectively. The moving average of the business over 50 days stands at $191.47 while for 200 days it stands at $171.05.

The latest data on the quarterly earnings were posted on 27th April, Tuesday. An EPS of $2.77 was reported overshooting the consensus $1.72 estimate.