Company Overview - Vertiv Holdings has a history dating back to 1946, initially developing air-cooling systems for data rooms and later expanding into computer room air conditioning units in 1965, which allowed for precise temperature and humidity control [8] - The company has grown its data center portfolio through internal product development and acquisitions, offering thermal and power management products globally [8] Current Market Status - Vertiv Holdings is currently trading at $176.77, with a volume of 3,270,867 shares, reflecting a 0.91% increase [10] - The stock is approaching overbought territory according to RSI readings, and an earnings release is anticipated in 21 days [10] Analyst Insights - Two industry analysts have provided insights, suggesting an average target price of $212.5 for Vertiv Holdings [9] - JP Morgan maintains an Overweight rating with a target price of $225, while Barclays has upgraded its rating to Overweight with a revised target of $200 [9][11] Options Trading Activity - Recent options trading for Vertiv Holdings shows a split sentiment among large investors, with 40% bullish and 42% bearish positions [2] - A total of 40 uncommon options trades were identified, with 8 puts totaling $1,089,309 and 32 calls totaling $2,534,170 [2] - The significant options activity indicates a price target range from $55.0 to $280.0 over the past quarter [3][4]
Vertiv Holdings's Options Frenzy: What You Need to Know - Vertiv Holdings (NYSE:VRT)