Published on 28 Nov 2023 on Simply Wall St. via Yahoo Finance
Key Insights
Institutions' substantial holdings in Riverview Bancorp implies that they have significant influence over the company's share priceA total of 9 investors have a majority stake in the company with 50% ownership Insiders have bought recently
Every investor in Riverview Bancorp, Inc. (NASDAQ:RVSB) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 49% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).