Published on 24 Jan 2024 on Simply Wall St. via Yahoo Finance
With 54% ownership, ARMOUR Residential REIT, Inc. (NYSE:ARR) boasts of strong institutional backing
Key Insights
Significantly high institutional ownership implies ARMOUR Residential REIT's stock price is sensitive to their trading actions50% of the business is held by the top 24 shareholders Insiders have been selling lately
If you want to know who really controls ARMOUR Residential REIT, Inc. (NYSE:ARR), 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 54% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk).