Published on 20 Nov 2023 on Simply Wall St. via Yahoo Finance
MGE Energy, Inc.'s (NASDAQ:MGEE) one-year returns climbed after last week's 4.3% gain, institutional...
Key Insights
Institutions' substantial holdings in MGE Energy implies that they have significant influence over the company's share priceThe top 25 shareholders own 49% of the company Insiders have been buying lately
Every investor in MGE Energy, Inc. (NASDAQ:MGEE) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 54% ownership. Put another way, the group faces the maximum upside potential (or downside risk).