Published on 30 Dec 2023 on Simply Wall St. via Yahoo Finance
Insiders own 29% of Qudian Inc. (NYSE:QD) shares but individual investors control 56% of the company
Key Insights
The considerable ownership by individual investors in Qudian indicates that they collectively have a greater say in management and business strategy44% of the business is held by the top 25 shareholders Insider ownership in Qudian is 29%
If you want to know who really controls Qudian Inc. (NYSE:QD), 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 56% to be precise, is individual investors. Put another way, the group faces the maximum upside potential (or downside risk).