Published on 10 May 2024 on Simply Wall St. via Yahoo Finance
Institutional investors in Banc of California, Inc. (NYSE:BANC) have had a wonderful week after...
Key Insights
Institutions' substantial holdings in Banc of California implies that they have significant influence over the company's share priceThe top 10 shareholders own 50% of the company Recent purchases by insiders
If you want to know who really controls Banc of California, Inc. (NYSE:BANC), then you'll have to look at the makeup of its share registry. With 74% 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).