Arco Platform stock is trading -38.1% below its average target price of $18.06 after dropping -9.7% during today's morning session. Analysts are giving the small-cap Health Industry Service company an average rating of buy and target prices ranging from $17.0 to $20.99 per share.
Arco Platform's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 5.0%. The stock's short ratio is 43.75. At 1.02%, the company's rate of insider ownership does not indicate that management is deeply invested in the company.
Another number to watch is the company's rate of institutional share ownership, which now stands at 88.5%.
Institutions Invested in Arco Platform
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2022-12-31 | Keenan Capital, LLC | 16% | 4,735,445 | $52,942,276 |
| 2022-12-31 | Wishbone Management, LP | 10% | 2,895,932 | $32,376,520 |
| 2022-12-31 | Capital Research Global Investors | 9% | 2,711,223 | $30,311,473 |
| 2022-12-31 | Arisaig Partners (asia) Pte Ltd. | 8% | 2,264,964 | $25,322,298 |
| 2022-12-31 | Price (T.Rowe) Associates Inc | 8% | 2,257,627 | $25,240,270 |
| 2022-12-31 | Dragoneer Investment Group, LLC | 5% | 1,565,395 | $17,501,116 |
| 2022-12-31 | General Atlantic, L.P. | 4% | 1,183,934 | $13,236,382 |
| 2022-12-31 | Truxt Investmentos Ltda | 4% | 1,162,030 | $12,991,495 |
| 2022-12-31 | Tekne Capital Management, LLC | 2% | 661,822 | $7,399,170 |
| 2022-12-31 | Credit Suisse Ag/ | 2% | 632,813 | $7,074,849 |
