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Why Is Series (RDDT) Rising Today?

This afternoon we watched Series rise 1.3% to a price of $205.16 per share. The Large-Cap Data Processing Services company is now trading -9.07% below its average target price of $225.62. Analysts have set target prices ranging from $110.0 to $300.0 per share for Series, and have given the stock an average rating of buy.

Series has an elevated short interest of 17.5%. The stock's short ratio, or the number of days needed for all shorts to cover their positions, is 3.49. The company's insiders own 4.62% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. 88.7% of Series shares are held by institutional investors, which indicates a high level of confidence in the stock.

Institutions Invested in Series

Date Reported Holder Percentage Shares Value
2025-06-30 FMR, LLC 8% 11,180,419 $2,293,774,802
2025-06-30 Vanguard Group Inc 8% 10,837,215 $2,223,363,069
2025-06-30 BAILLIE GIFFORD & CO 5% 6,482,328 $1,329,914,436
2025-06-30 Blackrock Inc. 5% 6,421,994 $1,317,536,312
2025-06-30 Coatue Management LLC 5% 6,208,994 $1,273,837,231
2025-06-30 Tiger Global Management, LLC 5% 6,148,984 $1,261,525,579
2025-06-30 Alliancebernstein L.P. 3% 3,427,645 $703,215,660
2025-06-30 T. Rowe Price Investment Management, Inc. 2% 2,861,713 $587,109,049
2025-06-30 JPMORGAN CHASE & CO 2% 2,051,175 $420,819,070
2025-06-30 State Street Corporation 2% 2,030,139 $416,503,324

For these reasons, we consider that the Series 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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