General Motors Company stock is trading -37.36% below its average target price of $49.4 after dropping -1.7% during today's afternoon session. Analysts are giving the large-cap Auto Manufacturers company an average rating of buy and target prices ranging from $29.0 to $90.0 per share.
The stock has an average amount of shares sold short at 2.4%, and a short ratio of 2.95. The company's insiders own 0.2% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 83.9% of General Motors Company's shares being owned by this investor type.
Institutions Invested in General Motors Company
|2023-06-30||Vanguard Group Inc||8%||109,880,075||$3,400,139,965|
|2023-06-30||State Street Corporation||4%||58,732,016||$1,817,409,342|
|2023-06-30||Capital World Investors||4%||50,797,231||$1,571,874,566|
|2023-06-30||Harris Associates L.P.||3%||38,534,984||$1,192,430,376|
|2023-06-30||Capital Research Global Investors||3%||35,945,127||$1,112,289,583|
|2023-06-30||Capital International Investors||2%||26,669,589||$825,266,413|
|2023-06-30||Geode Capital Management, LLC||2%||25,308,907||$783,161,334|
|2023-06-30||Arrowstreet Capital, Limited Partnership||2%||25,115,027||$777,161,892|
|2023-06-30||Bank of America Corporation||2%||25,179,488||$779,156,580|
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on General Motors Company.