Gardner Denver Holdings, Inc. (NYSE:GDI) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 3,111,502 shares, an increase of 57.0% from the July 14th total of 1,981,963 shares. Approximately 6.5% of the company’s shares are sold short. Based on an average trading volume of 829,966 shares, the days-to-cover ratio is currently 3.7 days.

Several equities analysts have issued reports on GDI shares. Wolfe Research started coverage on shares of Gardner Denver Holdings in a research report on Tuesday, July 11th. They issued an “outperform” rating and a $26.00 price target for the company. Piper Jaffray Companies set a $27.00 price target on shares of Gardner Denver Holdings and gave the company a “buy” rating in a research report on Tuesday, July 18th. Credit Suisse Group AG started coverage on shares of Gardner Denver Holdings in a research report on Tuesday, June 6th. They issued a “neutral” rating and a $27.00 price target for the company. Goldman Sachs Group, Inc. (The) started coverage on shares of Gardner Denver Holdings in a research report on Tuesday, June 6th. They issued a “buy” rating and a $27.00 price target for the company. Finally, William Blair started coverage on shares of Gardner Denver Holdings in a research report on Tuesday, June 6th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $27.13.

Shares of Gardner Denver Holdings (GDI) opened at 22.69 on Wednesday. Gardner Denver Holdings has a 52-week low of $19.91 and a 52-week high of $24.55. The stock’s 50 day moving average is $22.59 and its 200 day moving average is $22.56. The firm’s market capitalization is $4.45 billion.

In other Gardner Denver Holdings news, Director William P. Donnelly purchased 42,642 shares of the firm’s stock in a transaction on Wednesday, May 24th. The stock was purchased at an average cost of $23.37 per share, for a total transaction of $996,543.54. Following the transaction, the director now owns 42,642 shares in the company, valued at approximately $996,543.54. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Large investors have recently bought and sold shares of the stock. Alliancebernstein L.P. purchased a new stake in Gardner Denver Holdings during the second quarter worth approximately $83,015,000. Neuberger Berman Group LLC purchased a new stake in Gardner Denver Holdings during the second quarter worth approximately $66,221,000. Vanguard Group Inc. purchased a new stake in Gardner Denver Holdings during the second quarter worth approximately $61,434,000. Jennison Associates LLC purchased a new stake in Gardner Denver Holdings during the second quarter worth approximately $49,247,000. Finally, Teachers Advisors LLC purchased a new stake in Gardner Denver Holdings during the second quarter worth approximately $47,611,000. Institutional investors own 4.89% of the company’s stock.

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About Gardner Denver Holdings

Gardner Denver Holdings, Inc is a global provider of mission-critical flow control and compression equipments and associated aftermarket parts, consumables and services. The Company operates through three business segments: Industry, Energy and Medical. Industry segment designs, manufactures, markets and services a range of air compression, vacuum and blower products.

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