Published on 13 Jan 2024 on Simply Wall St. via Yahoo Finance
Key Insights
Institutions' substantial holdings in Despegar.com implies that they have significant influence over the company's share price53% of the business is held by the top 8 shareholdersUsing data from analyst forecasts alongside ownership research, one can better assess the future performance of a company
Every investor in Despegar.com, Corp. (NYSE:DESP) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 55% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).