Grab stock is trading -16.18% below its average target price of $5.68 after marking a 1.7% during today's afternoon session. Analysts are giving the Large-Cap Business Services company an average rating of buy and target prices ranging from $4.5 to $8.0 per share.
Grab's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.8%. The stock's short ratio is 3.83. The company's insiders own 22.27% 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 60.4%. In conclusion, we believe there is positive market sentiment regarding Grab.
Institutions Invested in Grab
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Uber Technologies, Inc | 14% | 535,902,982 | $2,550,201,463 |
| 2024-12-31 | SB Investment Advisers (UK) LTD | 10% | 401,796,672 | $1,912,029,780 |
| 2024-12-31 | TOYOTA MOTOR CORP/ | 6% | 222,906,079 | $1,060,743,134 |
| 2024-12-31 | MUFG Bank Ltd | 4% | 142,913,428 | $680,082,114 |
| 2024-12-31 | Morgan Stanley | 3% | 130,631,504 | $621,636,124 |
| 2024-12-31 | Blackrock Inc. | 3% | 101,110,726 | $481,155,601 |
| 2024-12-31 | Tiger Global Management, LLC | 2% | 92,923,788 | $442,196,420 |
| 2024-12-31 | Wellington Management Group, LLP | 2% | 67,533,320 | $321,370,802 |
| 2024-12-31 | Invesco Ltd. | 1% | 50,293,928 | $239,333,709 |
| 2024-12-31 | Hanwha Asset Management Co., Ltd. | 1% | 47,839,997 | $227,656,188 |
