Published on 25 Nov 2023 on Simply Wall St. via Yahoo Finance
Entain Plc (LON:ENT) is a favorite amongst institutional investors who own 61%
Key Insights
Given the large stake in the stock by institutions, Entain's stock price might be vulnerable to their trading decisionsA total of 11 investors have a majority stake in the company with 51% ownership Recent purchases by insiders
To get a sense of who is truly in control of Entain Plc (LON:ENT), 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 61% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).