Current market sentiment keeps Polaris stock price in a stable range after recent earnings exceeded Wall Street expectations by 3%. Volume trends indicate accumulation, strengthening the probability of a breakout above the $95 technical resistance. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. A number of other hedge funds also recently made changes to their positions in the business. Fifth Third Bancorp raised its position in Polaris by 46.9% in the first quarter. Fifth Third Bancorp now owns 996 shares of the company's stock worth $41,000 after purchasing an additional 318 shares in the last quarter. Linden Thomas Advisory Services LLC raised its holdings in shares of Polaris by 5.0% in the 1st quarter. Linden Thomas Advisory Services LLC now owns 7,984 shares of the company's stock worth $327,000 after buying an additional 379 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Polaris by 2.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,234 shares of the company's stock worth $583,000 after buying an additional 396 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Polaris by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 120,572 shares of the company's stock worth $4,936,000 after buying an additional 423 shares in the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of Polaris by 114.1% in the 1st quarter. UMB Bank n.a. now owns 805 shares of the company's stock worth $33,000 after buying an additional 429 shares in the last quarter. Institutional investors and hedge funds own 88.06% of the company's stock. The options market pricing around Polaris stock price suggests traders are eyeing a breakout, as implied volatility rises to 25%. This signals heightened expectations for price movement in the next earnings cycle.
