This evening we watched Charter Communications rise 1.9% to a price of $419.07 per share. The large-cap company is now trading -10.96% below its average target price of $470.68. Analysts have set target prices ranging from $291.0 to $665.0 per share for Charter Communications, and have given the stock an average rating of hold.
The stock has an above average number of shares sold short at 8.2%, and a short ratio of 7.41. The company's insiders own 33.92% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that institutional believe in this the stock, with 69.5% of Charter Communications's shares being owned by this investor type.
Institutions Invested in Charter Communications
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Dodge & Cox Inc | 6% | 8,683,257 | $3,638,892,574 |
| 2023-03-31 | Vanguard Group Inc | 6% | 8,226,234 | $3,447,367,942 |
| 2023-03-31 | Capital International Investors | 5% | 6,989,996 | $2,929,297,674 |
| 2023-03-31 | Blackrock Inc. | 5% | 6,906,770 | $2,894,420,154 |
| 2023-03-31 | State Street Corporation | 3% | 5,210,165 | $2,183,423,884 |
| 2023-03-31 | Harris Associates L.P. | 3% | 4,311,043 | $1,806,628,821 |
| 2023-03-31 | Berkshire Hathaway, Inc | 3% | 3,828,941 | $1,604,594,332 |
| 2023-03-31 | Massachusetts Financial Services Co. | 2% | 3,718,372 | $1,558,258,181 |
| 2023-03-31 | JP Morgan Chase & Company | 2% | 3,375,275 | $1,414,476,518 |
| 2023-03-31 | Veritas Asset Management LLP | 2% | 2,854,540 | $1,196,252,098 |
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