Charter Communications stock is trading -14.23% below its average target price of $334.76 after marking a 4.0% during today's afternoon session. Analysts are giving the Large-Cap Cable Television company an average rating of hold and target prices ranging from $220.0 to $660.0 per share.
The stock has an above average percentage of its shares sold short at 12.4%, and a short ratio of 8.91. The company's insiders own 37.24% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 71.5% of Charter Communications's shares being owned by this investor type.
Institutions Invested in Charter Communications
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Dodge & Cox Inc | 8% | 11,563,786 | $3,320,194,179 |
| 2024-03-31 | Capital International Investors | 7% | 10,558,651 | $3,031,599,823 |
| 2024-03-31 | Vanguard Group Inc | 6% | 8,200,454 | $2,354,514,312 |
| 2024-03-31 | Blackrock Inc. | 4% | 6,367,311 | $1,828,182,303 |
| 2024-03-31 | Harris Associates L.P. | 4% | 6,251,046 | $1,794,800,296 |
| 2024-03-31 | State Street Corporation | 4% | 6,235,401 | $1,790,308,304 |
| 2024-03-31 | Berkshire Hathaway, Inc | 3% | 3,828,941 | $1,099,365,521 |
| 2024-03-31 | Pzena Investment Management Llc | 2% | 2,848,459 | $817,849,534 |
| 2024-03-31 | Franklin Resources, Inc. | 2% | 2,791,929 | $801,618,640 |
| 2024-03-31 | Parnassus Investments, LLC | 2% | 2,599,026 | $746,232,332 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Charter Communications.
