Published on 6 Sep 2023 on Simply Wall St. via Yahoo Finance
Key Insights
Erie Indemnity's significant insider ownership suggests inherent interests in company's expansion53% of the business is held by the top 3 shareholders Insiders have been selling lately
A look at the shareholders of Erie Indemnity Company (NASDAQ:ERIE) can tell us which group is most powerful. With 41% stake, individual insiders 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).