Published on 19 Jul 2024 on Simply Wall St. · via Yahoo Finance
Recent uptick might appease Brighthouse Financial, Inc. (NASDAQ:BHF)...
Key Insights
Institutions' substantial holdings in Brighthouse Financial implies that they have significant influence over the company's share priceA total of 7 investors have a majority stake in the company with 53% ownership Recent purchases by insiders
Every investor in Brighthouse Financial, Inc. (NASDAQ:BHF) should be aware of the most powerful shareholder groups. With 88% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).