Arch Capital stock is trading -10.39% below its average target price of $69.7 after dropping -1.5% during today's afternoon session. Analysts are giving the large-cap Diversified Insurance company an average rating of buy and target prices ranging from $65 to $75 per share.
The stock has an average amount of shares sold short at 2.3%, and a short ratio of 4.17. The company's insiders own 3.08% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 92.2% of Arch Capital's shares being owned by this investor type.
Institutions Invested in Arch Capital
| Holder | Shares | Date Reported | Percentage | Value |
|---|---|---|---|---|
| Artisan Partners Limited Partnership | 35,253,620 | 2022-09-29 | 10% | $2,201,941,072 |
| Vanguard Group, Inc. (The) | 34,055,507 | 2022-09-29 | 9% | $2,127,106,936 |
| BAMCO Inc. | 21,493,024 | 2022-09-29 | 6% | $1,342,454,259 |
| Capital World Investors | 19,211,762 | 2022-09-29 | 5% | $1,199,966,636 |
| Blackrock Inc. | 17,904,783 | 2022-09-29 | 5% | $1,118,332,729 |
| Allspring Global Investments Holdings, LLC | 10,483,089 | 2022-09-29 | 3% | $654,773,729 |
| Capital Research Global Investors | 9,697,564 | 2022-09-29 | 3% | $605,709,838 |
| FPR Partners, LLC | 9,161,738 | 2022-09-29 | 2% | $572,242,147 |
| State Street Corporation | 8,149,909 | 2022-09-29 | 2% | $509,043,308 |
| Wellington Management Group, LLP | 7,456,869 | 2022-09-29 | 2% | $465,756,030 |
Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Arch Capital.
