Published on 4 May 2024 on Simply Wall St. via Yahoo Finance
Key Insights
Institutions' substantial holdings in Peloton Interactive implies that they have significant influence over the company's share price52% of the business is held by the top 9 shareholders Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business
If you want to know who really controls Peloton Interactive, Inc. (NASDAQ:PTON), then you'll have to look at the makeup of its share registry. And the group that holds the biggest piece of the pie are institutions with 77% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).