Analyzing the Market Sentiment of MDLZ Stock

This afternoon we watched Mondelez International drop -1.7% to a price of $75.03 per share. The large-cap Packaged Foods company is now trading -8.75% below its average target price of $82.23. Analysts have set target prices ranging from $78.0 to $89.0 per share for Mondelez International, and have given the stock an average rating of buy.

The stock has a very low short interest at 1.1%, and a short ratio of 2.64. The company's insiders own 0.16% 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 81.8% of Mondelez International's shares being owned by this investor type.

Institutions Invested in Mondelez International

Date Reported Holder Percentage Shares Value
2023-09-30 Vanguard Group Inc 9% 123,769,794 $9,287,066,946
2023-09-30 Blackrock Inc. 7% 101,558,119 $7,620,413,831
2023-09-30 State Street Corporation 4% 58,506,762 $4,390,055,100
2023-09-30 JP Morgan Chase & Company 3% 35,350,082 $2,652,493,532
2023-09-30 Price (T.Rowe) Associates Inc 3% 34,719,904 $2,605,208,123
2023-09-30 FMR, LLC 2% 29,283,025 $2,197,251,888
2023-09-30 Geode Capital Management, LLC 2% 26,254,917 $1,970,037,793
2023-09-30 Capital Research Global Investors 2% 23,864,073 $1,790,640,804
2023-09-30 Bank of America Corporation 2% 23,721,946 $1,779,976,304
2023-09-30 Morgan Stanley 2% 21,625,761 $1,622,689,055

Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Mondelez International.

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.