Published on 19 Nov 2022 on Simply Wall St. via Yahoo Finance
With 84% ownership in Steel Dynamics, Inc. (NASDAQ:STLD), institutional investors have a lot riding...
To get a sense of who is truly in control of Steel Dynamics, Inc. (NASDAQ:STLD), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are institutions with 84% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
And things are looking up for institutional investors after the company gained US$685m in market cap last week. The one-year return on investment is currently 62% and last week's gain would have been more than welcomed.
Let's delve deeper into each type of owner of Steel Dynamics, beginning with the chart below.