Published on 9 Dec 2023 on Simply Wall St. via Yahoo Finance
With 60% ownership of the shares, Lakeland Bancorp, Inc. (NASDAQ:LBAI) is heavily dominated by...
Key Insights
Given the large stake in the stock by institutions, Lakeland Bancorp's stock price might be vulnerable to their trading decisionsThe top 25 shareholders own 46% of the companyUsing data from company's past performance alongside ownership research, one can better assess the future performance of a company
If you want to know who really controls Lakeland Bancorp, Inc. (NASDAQ:LBAI), then you'll have to look at the makeup of its share registry. With 60% stake, institutions 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).