Bank of America (NYSE:BAC) was the target of some unusual options trading activity on Thursday. Traders purchased 100,886 put options on the stock, American Banking & Market News reports. Bank of America Corp (NYSE:BAC) shares after opening at $17.44 moved to $18.00 on last trade day and at the end of the day closed at $17.92. Company price to sales ratio in past twelve months was calculated as 3.46 and price to cash ratio as 0.33. Bank of America Corp(NYSE:BAC) showed a positive weekly performance of 4.43%.
Jefferies analyst Ross MacMillan reiterated a Buy rating and boosted his price target on Microsoft (NASDAQ: MSFT) from $42 to $47 on the Office for iPad opportunity. Microsoft Corporation (NASDAQ:MSFT) shares advanced 2.70% in last trading session and ended the day on $40.33. MSFT return on equity ratio is recorded as 28.30% and its return on assets is 15.90%. Microsoft Corporation (NASDAQ:MSFT) yearly performance is 46.60%.
Hewlett-Packard Company (NYSE:HPQ) EVP John F. Schultz sold 10,000 shares of the stock on the open market in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $30.25, for a total transaction of $302,500.00. Hewlett-Packard Company(NYSE:HPQ) shares moved down -0.44% in last trading session and was closed at $31.48 while trading in range of $31.46 – 32.41 . Hewlett-Packard Company (NYSE:HPQ) year to date (YTD) performance is 13.03%.
Wells Fargo & Co. (NYSE:WFC) saw some unusual options trading on Thursday. Stock investors acquired 17,010 put options on the company, AR Network reports. This represents an increase of approximately 166% compared to the typical daily volume of 6,391 put options. Wells Fargo & Co (NYSE:WFC) weekly performance is 2.49%. On last trading day company shares ended up $49.03. Wells Fargo & Co (NYSE:WFC) distance from 50-day simple moving average (SMA50) is 6.28%. Analysts mean target price for the company is $49.20.
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