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Understanding the Decline in LNTH Stock Today

Lantheus stock is trading -32.93% below its average target price of $134.69 after dropping -8.1% during today's afternoon session. Analysts are giving the Mid-Cap Biotechnology company an average rating of buy and target prices ranging from $110.0 to $166.0 per share.

Lantheus has an elevated short interest of 11.7%. The stock's short ratio, or the number of days needed for all shorts to cover their positions, is 7.37. Only 2.5% of the company's shares are owned by insiders, indicating that management does not have a deep alignment of interest with its shareholders. 107.5% of Lantheus shares are held by institutional investors, which indicates a high level of confidence in the stock.

Institutions Invested in Lantheus

Date Reported Holder Percentage Shares Value
2024-09-30 Blackrock Inc. 12% 8,536,815 $771,215,835
2024-09-30 Vanguard Group Inc 11% 7,420,009 $670,323,585
2024-09-30 Janus Henderson Group PLC 5% 3,588,571 $324,191,490
2024-09-30 Farallon Capital Management LLC 4% 2,955,227 $266,975,196
2024-09-30 State Street Corporation 4% 2,518,886 $227,556,152
2024-09-30 FMR, LLC 4% 2,429,973 $219,523,751
2024-09-30 Invesco Ltd. 3% 2,140,665 $193,387,668
2024-09-30 Geode Capital Management, LLC 2% 1,683,500 $152,087,383
2024-09-30 Westfield Capital Management Co LP 2% 1,518,465 $137,178,122
2024-12-31 Reinhart Partners, LLC 2% 1,366,873 $123,483,301

For these reasons, we consider that the Lantheus is the subject of mixed market sentiment.

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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