XP stock is trading -33.91% below its average target price of $27.62 after marking a 4.6% during today's afternoon session. Analysts are giving the Large-Cap Capital Markets company an average rating of buy and target prices ranging from $22.33 to $33.5 per share.
XP's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.0%. The stock's short ratio is 2.03. The company's insiders own 7.87% 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 75.0%. In conclusion, we believe there is positive market sentiment regarding XP.
Institutions Invested in XP
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Dodge & Cox Inc | 7% | 29,685,045 | $541,900,471 |
| 2024-03-31 | General Atlantic, L.P. | 7% | 29,617,733 | $540,671,691 |
| 2024-03-31 | Capital World Investors | 6% | 27,234,509 | $497,165,938 |
| 2024-03-31 | FMR, LLC | 5% | 23,486,604 | $428,747,936 |
| 2024-03-31 | Mawer Investment Management Ltd. | 4% | 18,720,083 | $341,735,099 |
| 2024-03-31 | Blackrock Inc. | 3% | 13,810,166 | $252,104,568 |
| 2024-03-31 | Harding Loevner LLC | 3% | 12,451,862 | $227,308,730 |
| 2024-03-31 | Squadra Investments - Gestao De Recursos Ltda | 2% | 10,496,675 | $191,616,793 |
| 2024-03-31 | Sands Capital Management, LLC | 2% | 9,705,411 | $177,172,269 |
| 2024-03-31 | Canada Pension Plan Investment Board | 2% | 8,338,862 | $152,225,918 |
