Published on 24 Mar 2024 on Simply Wall St. via Yahoo Finance
Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) large institutional owners must be happy as stock...
Key Insights
Significantly high institutional ownership implies Heritage Insurance Holdings' stock price is sensitive to their trading actions50% of the business is held by the top 16 shareholders Insiders have been buying lately
A look at the shareholders of Heritage Insurance Holdings, Inc. (NYSE:HRTG) can tell us which group is most powerful. With 47% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).