This afternoon we watched ATI Physical Therapy drop -3.0% to a price of $9.9 per share. The small-cap Medical Care Facility company is now trading -31.72% below its average target price of $14.5. Analysts have set target prices ranging from $14.5 to $14.5 per share for ATI Physical Therapy, and have given the stock an average rating of hold.
The stock has an average amount of shares sold short at 5.6%, and a short ratio of 10.48. Insiders such as directors and executives own 9.18% of the company's shares, from which we can deduce there is a significant degree of alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 89.6% of ATI Physical Therapy's shares being owned by this investor type.
Institutions Invested in ATI Physical Therapy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Advent International Corporation | 56% | 115,830,656 | $1,146,723,450 |
| 2023-03-31 | Fortress Investment Group LLC | 8% | 16,025,000 | $158,647,493 |
| 2023-03-31 | Knighthead Capital Management, Llc | 6% | 12,929,880 | $128,005,807 |
| 2023-03-31 | GCM Grosvenor Holdings, LLC | 2% | 5,154,131 | $51,025,894 |
| 2023-03-31 | Blackrock Inc. | 2% | 4,556,988 | $45,114,179 |
| 2023-03-31 | Vanguard Group, Inc. (The) | 2% | 3,708,577 | $36,714,910 |
| 2023-03-31 | HighTower Advisors, LLC | 1% | 2,991,020 | $29,611,096 |
| 2023-03-31 | Northern Trust Corporation | 1% | 1,410,183 | $13,960,811 |
| 2023-03-31 | Geode Capital Management, LLC | 1% | 1,242,055 | $12,296,344 |
| 2023-03-31 | State Street Corporation | 0% | 1,011,807 | $10,016,888 |
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on ATI Physical Therapy.
