EDR

To the Moon? What is going on with EDR?

This evening we watched Endeavor rise 1.1% to a price of $23.03 per share. The mid-cap Leisure company is now trading -25.71% below its average target price of $31.0. Analysts have set target prices ranging from $28.0 to $36.0 per share for Endeavor, and have given the stock an average rating of buy.

Endeavor has an elevated short interest of 13.3%. The stock's short ratio, or the number of days needed for all shorts to cover their positions, is 3.2. Only 0.74% of the company's shares are owned by insiders, indicating that management does not have a deep alignment of interest with its shareholders. 99.2% of Endeavor shares are held by institutional investors, which indicates a high level of confidence in the stock.

Institutions Invested in Endeavor

Date Reported Holder Percentage Shares Value
2023-09-30 Silver Lake Group, LLC 31% 91,976,482 $2,118,218,443
2023-09-30 Canada Pension Plan Investment Board 7% 21,038,712 $484,521,551
2023-09-30 Vanguard Group Inc 5% 14,651,192 $337,416,961
2023-09-30 Morgan Stanley 4% 12,278,380 $282,771,099
2023-09-30 Ameriprise Financial, Inc. 4% 11,249,598 $259,078,249
2023-09-30 MIC Capital Management UK LLP 3% 8,536,456 $196,594,587
2023-09-30 TPG GP A, LLC 3% 8,473,648 $195,148,119
2023-09-30 JP Morgan Chase & Company 2% 7,384,735 $170,070,452
2023-09-30 Millennium Management Llc 2% 6,198,406 $142,749,294
2023-09-30 FMR, LLC 2% 5,145,883 $118,509,689

For these reasons, we consider that the Endeavor is the subject of mixed market sentiment.

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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