Goldman Sachs shares rose 2.8% this afternoon to a price of $506.75. The stock is still trading within range of its average target price of $513.01, and over the last 52 weeks, it has recorded a 37.7% performance. Analysts have given the Large-Cap Capital Markets stock target prices ranging from $420.2 to $571.0 dollars per share, with an average rating of buy.
Goldman Sachs's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.7%. The stock's short ratio is 2.35. The company's insiders own 0.52% 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 74.5%. In conclusion, we believe there is mixed market sentiment regarding Goldman Sachs.
Institutions Invested in Goldman Sachs
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 9% | 28,382,099 | $14,382,628,668 |
| 2024-03-31 | Blackrock Inc. | 7% | 23,270,134 | $11,792,140,404 |
| 2024-03-31 | State Street Corporation | 6% | 19,807,141 | $10,037,268,701 |
| 2024-03-31 | Morgan Stanley | 2% | 6,551,092 | $3,319,765,871 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 6,374,167 | $3,230,109,127 |
| 2024-03-31 | Capital World Investors | 2% | 6,006,403 | $3,043,744,720 |
| 2024-03-31 | Bank of America Corporation | 2% | 5,880,218 | $2,979,800,471 |
| 2024-03-31 | Fisher Asset Management, LLC | 2% | 5,658,587 | $2,867,488,962 |
| 2024-03-31 | Dodge & Cox Inc | 2% | 5,473,633 | $2,773,763,522 |
| 2024-03-31 | Massachusetts Financial Services Co. | 1% | 4,724,734 | $2,394,258,954 |
