Published on 19 Jun 2024 on Simply Wall St. · via Yahoo Finance
With 61% institutional ownership, Cargojet Inc. (TSE:CJT) is a favorite amongst...
Key Insights
Given the large stake in the stock by institutions, Cargojet's stock price might be vulnerable to their trading decisions51% of the business is held by the top 11 shareholders Insiders have been selling lately
To get a sense of who is truly in control of Cargojet Inc. (TSE:CJT), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 61% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).