Published on 3 Apr 2023 on Simply Wall St. via Yahoo Finance
With 53% institutional ownership, VAALCO Energy, Inc. (NYSE:EGY) is a favorite amongst the big guns
Key Insights
Significantly high institutional ownership implies VAALCO Energy's stock price is sensitive to their trading actionsThe top 25 shareholders own 43% of the companyUsing data from analyst forecasts alongside ownership research, one can better assess the future performance of a company
Every investor in VAALCO Energy, Inc. (NYSE:EGY) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 53% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).