Published on 21 Oct 2023 on Simply Wall St. via Yahoo Finance
Energy Recovery, Inc.'s (NASDAQ:ERII) latest 6.7% decline adds to one-year losses, institutional...
Key Insights
Significantly high institutional ownership implies Energy Recovery's stock price is sensitive to their trading actionsA total of 17 investors have a majority stake in the company with 50% ownership Insiders have sold recently
Every investor in Energy Recovery, Inc. (NASDAQ:ERII) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 84% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.