Published on 8 Aug 2023 on Simply Wall St. via Yahoo Finance
carsales.com Ltd's (ASX:CAR) largest shareholders are retail investors with 59% ownership,...
Key Insights
The considerable ownership by retail investors in carsales.com indicates that they collectively have a greater say in management and business strategyThe top 25 shareholders own 37% of the company Insiders have been selling lately
Every investor in carsales.com Ltd (ASX:CAR) should be aware of the most powerful shareholder groups. We can see that retail investors own the lion's share in the company with 59% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).