Published on 1 Jun 2024 on Simply Wall St. via Yahoo Finance
Institutional owners may ignore Synopsys, Inc.'s (NASDAQ:SNPS) recent US$3.7b market cap decline as...
Key Insights
Institutions' substantial holdings in Synopsys implies that they have significant influence over the company's share price51% of the business is held by the top 18 shareholders Insiders have sold recently
If you want to know who really controls Synopsys, Inc. (NASDAQ:SNPS), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 88% 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).