Published on 27 Feb 2024 on Simply Wall St. via Yahoo Finance
While institutions own 24% of Canaan Inc. (NASDAQ:CAN), retail investors are its largest...
Key Insights
The considerable ownership by retail investors in Canaan indicates that they collectively have a greater say in management and business strategy40% of the business is held by the top 25 shareholders Insider ownership in Canaan is 11%
To get a sense of who is truly in control of Canaan Inc. (NASDAQ:CAN), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 58% to be precise, is retail investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.