Published on 5 Dec 2023 on Simply Wall St. via Yahoo Finance
Key Insights
Given the large stake in the stock by institutions, Berkshire Hills Bancorp's stock price might be vulnerable to their trading decisionsThe top 8 shareholders own 51% of the company Insiders have bought recently
Every investor in Berkshire Hills Bancorp, Inc. (NYSE:BHLB) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 86% 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.