Published on 5 Apr 2024 on Simply Wall St. via Yahoo Finance
With 80% ownership, Matson, Inc. (NYSE:MATX) boasts of strong institutional backing
Key Insights
Given the large stake in the stock by institutions, Matson's stock price might be vulnerable to their trading decisionsThe top 7 shareholders own 50% of the company Insiders have sold recently
To get a sense of who is truly in control of Matson, Inc. (NYSE:MATX), it is important to understand the ownership structure of the business. With 80% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).