Published on 9 Dec 2023 on Simply Wall St. via Yahoo Finance
With 73% institutional ownership, Heritage Commerce Corp (NASDAQ:HTBK) is a favorite amongst the big...
Key Insights
Institutions' substantial holdings in Heritage Commerce implies that they have significant influence over the company's share priceThe top 14 shareholders own 51% of the company Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business
If you want to know who really controls Heritage Commerce Corp (NASDAQ:HTBK), then you'll have to look at the makeup of its share registry. We can see that institutions own the lion's share in the company with 73% ownership. Put another way, the group faces the maximum upside potential (or downside risk).