Published on 27 May 2024 on Simply Wall St. via Yahoo Finance
With 78% ownership, Accenture plc (NYSE:ACN) boasts of strong institutional backing
Key Insights
Significantly high institutional ownership implies Accenture's stock price is sensitive to their trading actionsThe top 25 shareholders own 45% of the company Insiders have sold recently
To get a sense of who is truly in control of Accenture plc (NYSE:ACN), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are institutions with 78% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.