Charter Communications – What Investors Need to Know

Charter Communications stock is trading -12.96% below its average target price of $479.57 after marking a 2.1% during today's morning session. Analysts are giving the large-cap Cable Television company an average rating of hold and target prices ranging from $291.0 to $665.0 per share.

Charter Communications has an average level of shares sold short, at 8.7% of its total share float. The stock's short ratio (also called days to cover) is 6.29. The company's insiders own 33.92% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Institutional investors own 69.5% of Charter Communications's shares, which indicates they have a high level of confidence in the company.

Institutions Invested in Charter Communications

Date Reported Holder Percentage Shares Value
2023-06-30 Dodge & Cox Inc 6% 8,567,301 $3,575,948,506
2023-06-30 Vanguard Group Inc 6% 8,377,470 $3,496,713,998
2023-06-30 Capital International Investors 5% 6,998,590 $2,921,176,396
2023-06-30 Blackrock Inc. 4% 6,632,676 $2,768,445,726
2023-06-30 Harris Associates L.P. 4% 5,381,827 $2,246,347,621
2023-06-30 State Street Corporation 4% 5,390,836 $2,250,107,932
2023-06-30 Berkshire Hathaway, Inc 3% 3,828,941 $1,598,180,786
2023-06-30 Massachusetts Financial Services Co. 2% 3,537,629 $1,476,588,617
2023-06-30 JP Morgan Chase & Company 2% 3,208,895 $1,339,376,693
2023-06-30 Veritas Asset Management LLP 2% 2,306,921 $962,897,265
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.

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