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Why Inter & Co (INTR) Stock Is Down Today

Investivoq PriceTracker

Inter & Co (INTR) is down 37.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver looks technical rather than operational. Inter & Co is in the middle of discontinuing its Level II BDR program in Brazil, and holders who did not make an election by October 16 were automatically routed into a sales facility that sells the underlying Nasdaq-listed shares during the subsequent period, which can create abrupt selling pressure.

Details:

  • The company disclosed on October 19 that the selection period for its Brazilian Level II BDR holders had ended and that any positions without a valid election would be sent to a sales facility.
  • Under that process, Banco Bradesco, acting as depositary, is selling the underlying Class A shares on Nasdaq on a best-efforts basis during the subsequent period that runs from October 19 through November 17.
  • An earlier company filing explained that these sales may occur in one or more transactions and that block-style execution could happen at a discount to the market price, which can weigh on the stock.
  • Trading volume in INTR surged far above normal levels today, which fits with the idea of forced or event-driven selling tied to the BDR wind-down rather than a new deterioration in the core business.

    • Sources:

    Inter&Co Investor Relations, SEC, Yahoo Finance

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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    $INTR Hedge Fund Activity

    We have seen 93 institutional investors add shares of $INTR stock to their portfolio, and 66 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • WASATCH ADVISORS LP removed 15,168,620 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $82,365,606
    • WCM INVESTMENT MANAGEMENT, LLC removed 10,354,570 shares (-99.2%) from their portfolio in Q2 2026, for an estimated $56,225,315
    • ATMOS CAPITAL GESTAO DE RECURSOS LTDA. added 7,504,483 shares (+inf%) to their portfolio in Q2 2026, for an estimated $40,749,342
    • MARSHALL WACE, LLP added 6,874,662 shares (+98.6%) to their portfolio in Q2 2026, for an estimated $37,329,414
    • FIL LTD removed 5,470,377 shares (-78.2%) from their portfolio in Q2 2026, for an estimated $29,704,147
    • WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC removed 4,742,908 shares (-84.8%) from their portfolio in Q2 2026, for an estimated $25,753,990
    • SEI INVESTMENTS CO removed 4,562,040 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $24,771,877

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $INTR Price Targets

    Multiple analysts have issued price targets for $INTR recently. We have seen 4 analysts offer price targets for $INTR in the last 6 months, with a median target of $9.2.

    Here are some recent targets:

    • An analyst from UBS set a target price of $9.4 on 06/03/2026
    • Gustavo Schroden from Citigroup set a target price of $6.5 on 05/18/2026
    • Yuri Fernandes from JP Morgan set a target price of $9.0 on 05/12/2026
    • Tito Labarta from Goldman Sachs set a target price of $11.5 on 05/08/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.