Published on 1 Jun 2024 on Simply Wall St. via Yahoo Finance
Key Insights
Given the large stake in the stock by institutions, Chevron's stock price might be vulnerable to their trading decisions50% of the business is held by the top 25 shareholders Recent sales by insiders
A look at the shareholders of Chevron Corporation (NYSE:CVX) can tell us which group is most powerful. The group holding the most number of shares in the company, around 67% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).