Dive into the Surge of DG Stock Purchases

Dollar General surged to $153.61 per share this afternoon, but it remains 6.85% above its mean target price of $143.76. There may still be room for more downwards movement — even after today's 3.5% drop. Analysts are giving the Large-Cap Department Store stock on average rating of buy, with target prices ranging from $100.0 to $187.0 per share.

Dollar General's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.5%. The stock's short ratio is 2.49. The company's insiders own 0.25% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 93.6%. In conclusion, we believe there is mixed market sentiment regarding Dollar General.

Institutions Invested in Dollar General

Date Reported Holder Percentage Shares Value
2023-12-31 Vanguard Group Inc 11% 25,071,820 $3,851,282,285
2023-12-31 Blackrock Inc. 9% 19,372,704 $2,975,841,073
2023-12-31 Capital International Investors 9% 18,676,538 $2,868,903,013
2023-12-31 Price (T.Rowe) Associates Inc 8% 18,185,887 $2,793,534,113
2023-12-31 Capital World Investors 6% 13,068,256 $2,007,414,812
2023-12-31 State Street Corporation 4% 9,638,487 $1,480,567,993
2023-12-31 Geode Capital Management, LLC 2% 4,404,406 $676,560,808
2023-12-31 Morgan Stanley 2% 4,399,633 $675,827,627
2023-12-31 Longview Partners (Guernsey) LTD 2% 4,145,210 $636,745,710
2023-12-31 Norges Bank Investment Management 1% 2,479,959 $380,946,503
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.