Published on 16 Oct 2022 on Simply Wall St. via Yahoo Finance
If you want to know who really controls Owlet, Inc. (NYSE:OWLT), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 44% to be precise, is individual investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
As a result, individual investors as a group endured the highest losses last week after market cap fell by US$13m.
Let's take a closer look to see what the different types of shareholders can tell us about Owlet.