Published on 27 Dec 2023 on Simply Wall St. via Yahoo Finance
Granite Point Mortgage Trust Inc. (NYSE:GPMT) is favoured by institutional owners who hold 56% of...
Key Insights
Given the large stake in the stock by institutions, Granite Point Mortgage Trust's stock price might be vulnerable to their trading decisions46% of the business is held by the top 25 shareholders Insiders have been buying lately
Every investor in Granite Point Mortgage Trust Inc. (NYSE:GPMT) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 56% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.