American Electric Power Company Surges 1.2% Today - Is There Still Upside?

American Electric Power Company stock is trading -7.28% below its average target price of $86.83 after marking a 1.2% during today's evening session. Analysts are giving the large-cap Electric Utilities company an average rating of buy and target prices ranging from $74.5 to $99.0 per share.

American Electric Power Company's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.2%. The stock's short ratio is 1.77. At 0.03%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.

Another number to watch is the company's rate of institutional share ownership, which now stands at 76.6%. In conclusion, we believe there is mixed market sentiment regarding American Electric Power Company.

Institutions Invested in American Electric Power Company

Date Reported Holder Percentage Shares Value
2023-09-30 Vanguard Group Inc 10% 48,799,673 $3,928,861,777
2023-09-30 Blackrock Inc. 9% 42,893,560 $3,453,360,607
2023-09-30 Wellington Management Group, LLP 6% 28,591,562 $2,301,906,717
2023-09-30 State Street Corporation 5% 27,188,332 $2,188,932,667
2023-09-30 Morgan Stanley 3% 14,892,850 $1,199,023,385
2023-09-30 Geode Capital Management, LLC 2% 10,571,815 $851,136,848
2023-09-30 Invesco Ltd. 2% 9,798,204 $788,853,424
2023-09-30 Royal Bank of Canada 2% 7,714,823 $621,120,416
2023-09-30 Ameriprise Financial, Inc. 2% 7,452,517 $600,002,159
2023-09-30 Nuveen Asset Management, LLC 1% 6,768,493 $544,931,385
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.