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NVO

Why Investors Are Abandoning Novo Nordisk A/S (NVO)

Novo Nordisk A/S stock is trading -35.2% below its average target price of $84.94 after dropping -20.2% during today's morning session. Analysts are giving the Large-Cap Pharmaceutical company an average rating of buy and target prices ranging from $60.55292 to $110.04278 per share.

The stock has a very low short interest at 0.7%, and a short ratio of 3.04. At 0.01%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that a very small number of institutional investors are invested in the stock, with 9.9% of Novo Nordisk A/S's shares being owned by this investor type.

Institutions Invested in Novo Nordisk A/S

Date Reported Holder Percentage Shares Value
2025-03-31 Jennison Associates LLC 1% 18,822,002 $1,036,057,065
2025-03-31 Bank of America Corporation 0% 14,792,624 $814,259,960
2025-03-31 LOOMIS SAYLES & CO L P 0% 12,388,242 $681,910,758
2025-03-31 Morgan Stanley 0% 12,319,787 $678,142,652
2025-03-31 Fisher Asset Management, LLC 0% 11,871,236 $653,452,163
2025-03-31 Sarofim, Fayez & Co 0% 11,212,499 $617,191,986
2025-03-31 Folketrygdfondet 0% 9,521,912 $524,133,628
2025-03-31 FMR, LLC 0% 9,632,932 $530,244,724
2025-03-31 Capital International Investors 0% 9,511,545 $523,562,977
2025-03-31 Renaissance Technologies, LLC 0% 6,821,396 $375,483,730

Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Novo Nordisk A/S.

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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