Published on 7 Jan 2023 on Simply Wall St. via Yahoo Finance
After losing 67% in the past year, Passage Bio, Inc. (NASDAQ:PASG) institutional owners must be...
To get a sense of who is truly in control of Passage Bio, Inc. (NASDAQ:PASG), it is important to understand the ownership structure of the business. We can see that institutions own the lion's share in the company with 34% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
After a year of 67% losses, last week’s 36% gain would be welcomed by institutional investors as a likely sign that returns might start trending higher.
Let's take a closer look to see what the different types of shareholders can tell us about Passage Bio.