Published on 21 Jul 2024 on Simply Wall St. · via Yahoo Finance
Miller Industries, Inc. (NYSE:MLR) is a favorite amongst institutional investors...
Key Insights
Significantly high institutional ownership implies Miller Industries' stock price is sensitive to their trading actions51% of the business is held by the top 10 shareholdersOwnership research, combined with past performance data can help provide a good understanding of opportunities in a stock
To get a sense of who is truly in control of Miller Industries, Inc. (NYSE:MLR), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 84% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk).