US TMT stocks see the largest two-week de-grossing activity since last July
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 24 2025
0mins
Source: SeekingAlpha
Hedge Fund Positioning: U.S. technology, media, and telecommunication stocks experienced significant reductions in hedge fund positions for both long and short buying, marking the largest two-week decline since July of the previous year, as reported by Goldman Sachs.
Sector Performance: The de-grossing was particularly notable in semiconductors and interactive media, with a trend of more long sales than short covers across various segments, while information technology and communication services showed varying levels of gross/net exposure compared to historical data.
Analyst Views on XTL
Wall Street analysts forecast XTL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XTL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 160.090
Low
Averages
High
Current: 160.090
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
