Infosys stock is trading -8.07% below its average target price of $23.49 after dropping -5.7% during today's afternoon session. Analysts are giving the Large-Cap Data Processing Services company an average rating of buy and target prices ranging from $17.0 to $27.4 per share.
Infosys's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.2%. The stock's short ratio is 15.37. At 0.0%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Another number to watch is the company's rate of institutional share ownership, which now stands at 12.3%. In conclusion, we believe there is mixed market sentiment regarding Infosys.
Institutions Invested in Infosys
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | JP Morgan Chase & Company | 1% | 60,856,068 | $1,314,186,746 |
| 2024-09-30 | First Trust Advisors LP | 1% | 28,301,205 | $611,164,502 |
| 2024-09-30 | Robeco Institutional Asset Management B.V. | 1% | 24,339,983 | $525,621,916 |
| 2024-09-30 | State Street Corporation | 0% | 17,992,940 | $388,557,526 |
| 2024-09-30 | Deutsche Bank Aktiengesellschaft | 0% | 16,706,122 | $360,768,693 |
| 2024-09-30 | Blackrock Inc. | 0% | 15,427,603 | $333,159,076 |
| 2024-09-30 | Fisher Asset Management, LLC | 0% | 14,415,018 | $311,292,303 |
| 2024-09-30 | Canada Pension Plan Investment Board | 0% | 13,374,340 | $288,818,863 |
| 2024-09-30 | HSBC Holdings PLC | 0% | 13,292,679 | $287,055,393 |
| 2024-09-30 | Acadian Asset Management. LLC | 0% | 11,638,405 | $251,331,347 |
