Shares of Beyond Meat fell to $14.74 during today's afternoon trading session. Despite the -6.4% change, the mid-cap company still trades 43.52% above its average analyst target price of $10.27. So there may be further downside for the stock. Beyond Meat has target prices ranging from $5.0 to $14.0 per share, and its average rating is hold.
The stock has a high number of short sellers at 36.2% of the float, and a short ratio of 5.3. 9.16% of the corporation's outstanding shares are owned by its managers and directors, indicating a strong degree of alignment between their interests and those of other shareholders. Finally, we note that 37.3% of Beyond Meat's shares are owned by institutional investors.
Institutions Invested in Beyond Meat
|2023-03-31||Vanguard Group Inc||9%||6,070,559||$89,480,038|
|2023-03-31||State Street Corporation||2%||1,448,519||$21,351,169|
|2023-03-31||Geode Capital Management, LLC||2%||1,166,304||$17,191,320|
|2023-03-31||Northern Trust Corporation||1%||563,683||$8,308,687|
|2022-12-31||Norges Bank Investment Management||1%||558,529||$8,232,717|
|2023-03-31||Coatue Management LLC||1%||490,640||$7,232,033|
|2023-03-31||Goldman Sachs Group Inc||1%||483,483||$7,126,539|
|2023-03-31||Charles Schwab Investment Management, Inc.||1%||451,987||$6,662,288|