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Is ICON Experiencing a Shift in Market Sentiment?

ICON stock is trading -21.38% below its average target price of $177.53 after marking a 4.4% during today's afternoon session. Analysts are giving the Large-Cap Biotechnology company an average rating of buy and target prices ranging from $144.0 to $243.0 per share.

ICON's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.9%. The stock's short ratio is 0.73. The company's insiders own 0.63% 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 100.9%. In conclusion, we believe there is positive market sentiment regarding ICON.

Institutions Invested in ICON

Date Reported Holder Percentage Shares Value
2025-03-31 WCM Investment Management, LLC 8% 6,389,671 $891,870,289
2025-03-31 Artisan Partners Limited Partnership 5% 4,290,924 $598,927,179
2025-03-31 Wellington Management Group, LLP 5% 3,693,159 $515,491,139
2025-03-31 Massachusetts Financial Services Co. 4% 3,101,629 $432,925,381
2025-03-31 Invesco Ltd. 4% 2,987,961 $417,059,601
2025-03-31 Ninety One UK Ltd 4% 2,918,187 $407,320,546
2025-03-31 Franklin Resources, Inc. 3% 2,100,035 $293,122,889
2025-03-31 FMR, LLC 2% 1,892,787 $264,195,212
2025-03-31 Alliancebernstein L.P. 2% 1,860,907 $259,745,402
2025-03-31 ClearBridge Investments, LLC 2% 1,844,458 $257,449,451
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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