Published on 21 Jul 2023 on Simply Wall St. via Yahoo Finance
While insiders own 33% of Legacy Housing Corporation (NASDAQ:LEGH), retail investors are its largest...
Key Insights
The considerable ownership by retail investors in Legacy Housing indicates that they collectively have a greater say in management and business strategy50% of the business is held by the top 10 shareholders Insiders have sold recently
A look at the shareholders of Legacy Housing Corporation (NASDAQ:LEGH) can tell us which group is most powerful. The group holding the most number of shares in the company, around 36% to be precise, is retail investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.