XP stock is trading -30.46% below its average target price of $26.0 after marking a 3.6% during today's afternoon session. Analysts are giving the Mid-Cap Capital Markets company an average rating of buy and target prices ranging from $18.98 to $32.97 per share.
XP's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.9%. The stock's short ratio is 2.41. Since 7.88% of the company's shares are owned by insiders, we can infer that there is a degree of alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 73.3%. In conclusion, we believe there is mixed market sentiment regarding XP.
Institutions Invested in XP
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Dodge & Cox Inc | 7% | 29,685,045 | $536,705,611 |
| 2024-03-31 | General Atlantic, L.P. | 7% | 29,617,733 | $535,488,610 |
| 2024-03-31 | Capital World Investors | 6% | 27,234,509 | $492,399,920 |
| 2024-03-31 | FMR, LLC | 5% | 23,486,604 | $424,637,798 |
| 2024-06-30 | Mawer Investment Management Ltd. | 4% | 19,522,017 | $352,958,065 |
| 2024-03-31 | Blackrock Inc. | 3% | 13,810,166 | $249,687,800 |
| 2024-03-31 | Harding Loevner LLC | 3% | 12,451,862 | $225,129,664 |
| 2024-03-31 | Squadra Investments - Gestao De Recursos Ltda | 2% | 10,496,675 | $189,779,883 |
| 2024-03-31 | Sands Capital Management, LLC | 2% | 9,705,411 | $175,473,830 |
| 2024-03-31 | Canada Pension Plan Investment Board | 2% | 8,338,862 | $150,766,624 |
