After this morning's -5.7% drop to $35.61 per share, Warner Music might just keep moving past its target price of $36.44. With an average analyst rating of buy, and target prices from $26 to $52, the stock's next move is anyone's guess.
Warner Music has an average level of shares sold short, at 5.8% of its total share float. The stock's short ratio (also called days to cover) is 4.47. The company's insiders own 16.68% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 89.7% of Warner Music's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Warner Music
|Sands Capital Management, LLC||11,165,681||2022-09-29||8%||$397,721,545|
|Vanguard Group, Inc. (The)||10,284,488||2022-09-29||8%||$366,333,451|
|Caledonia (Private) Investments Pty Ltd||6,919,312||2022-09-29||5%||$246,465,886|
|DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP||6,664,730||2022-09-29||5%||$237,397,675|
|Capital World Investors||4,811,979||2022-09-29||4%||$171,402,686|
|Darsana Capital Partners, LP||4,500,000||2022-09-29||3%||$160,289,995|
|Soma Equity Partners LP||4,200,000||2022-09-29||3%||$149,603,995|
|Jackson Square Partners, Llc||4,175,804||2022-09-29||3%||$148,742,134|