BA Shares In Range of 52 Week High

After Friday's 2.1% surge to $238.69 per share, Boeing might just keep moving past its target price of $246.74. With an average analyst rating of buy, and target prices from $180.0 to $310.0, the stock's next move is anyone's guess.

The stock has a very low short interest at 1.3%, and a short ratio of 1.32. At 0.09%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that an average number of institutional investors are invested in the stock, with 59.4% of Boeing's shares being owned by this investor type.

Institutions Invested in Boeing

Date Reported Holder Percentage Shares Value
2023-03-31 Vanguard Group Inc 8% 46,809,386 $11,172,932,458
2023-03-31 Newport Trust Co 7% 40,633,046 $9,698,701,848
2023-03-31 Blackrock Inc. 6% 35,950,526 $8,581,031,138
2023-03-31 State Street Corporation 4% 26,024,046 $6,211,679,603
2023-03-31 FMR, LLC 4% 21,732,147 $5,187,246,220
2023-03-31 Capital World Investors 3% 17,443,429 $4,163,572,110
2023-03-31 Loomis Sayles & Company, LP 2% 11,565,147 $2,760,484,965
2023-03-31 Capital Research Global Investors 2% 10,929,970 $2,608,874,565
2023-03-31 Geode Capital Management, LLC 2% 9,908,984 $2,365,175,415
2023-03-31 Bank of America Corporation 2% 9,003,077 $2,148,944,471

Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Boeing.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.