Published on 18 Mar 2024 on Simply Wall St. via Yahoo Finance
With 86% ownership, Spire Inc. (NYSE:SR) boasts of strong institutional backing
Key Insights
Institutions' substantial holdings in Spire implies that they have significant influence over the company's share priceThe top 9 shareholders own 50% of the company Insiders have been selling lately
If you want to know who really controls Spire Inc. (NYSE:SR), then you'll have to look at the makeup of its share registry. We can see that institutions own the lion's share in the company with 86% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.