Published on 7 Feb 2023 on Simply Wall St. via Yahoo Finance
Recent uptick might appease Lannett Company, Inc. (NYSE:LCI) institutional owners after losing 26%...
If you want to know who really controls Lannett Company, Inc. (NYSE:LCI), 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 43% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk).
After a year of 26% losses, last week’s 18% gain would be welcomed by institutional investors as a likely sign that returns might start trending higher.
Let's take a closer look to see what the different types of shareholders can tell us about Lannett Company.