Published on 3 May 2024 on Simply Wall St. via Yahoo Finance
With 55% ownership of the shares, Allakos Inc. (NASDAQ:ALLK) is heavily dominated by institutional...
Key Insights
Institutions' substantial holdings in Allakos implies that they have significant influence over the company's share priceThe top 8 shareholders own 53% of the companyUsing data from analyst forecasts alongside ownership research, one can better assess the future performance of a company
A look at the shareholders of Allakos Inc. (NASDAQ:ALLK) can tell us which group is most powerful. With 55% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.