Analyzing the Reasons Behind BEKE's Stock Decline

KE stock is trading -13.29% below its average target price of $24.2 after dropping -10.7% during today's afternoon session. Analysts are giving the Large-Cap Real Estate Development company an average rating of buy and target prices ranging from $19.0 to $34.3 per share.

KE's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 4.7%. The stock's short ratio is 1.39. The company's insiders own 1.47% 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 45.2%. In conclusion, we believe there is positive market sentiment regarding KE.

Institutions Invested in KE

Date Reported Holder Percentage Shares Value
2024-06-30 Price (T.Rowe) Associates Inc 4% 43,126,585 $905,011,412
2024-06-30 Blackrock Inc. 3% 34,501,955 $724,023,546
2024-06-30 Vanguard Group Inc 2% 25,315,368 $531,243,012
2024-06-30 HHLR Advisors, LTD 2% 23,172,330 $486,271,359
2024-06-30 Morgan Stanley 2% 18,127,044 $380,396,029
2024-06-30 JP Morgan Chase & Company 1% 16,405,127 $344,261,600
2024-06-30 FIL LTD 1% 15,992,137 $335,595,004
2024-09-30 Krane Funds Advisors LLC 1% 15,070,032 $316,244,630
2024-06-30 Wellington Management Group, LLP 1% 13,669,557 $286,855,661
2024-06-30 Capital World Investors 1% 13,166,309 $276,295,002
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.

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