Published on 23 Dec 2023 on Simply Wall St. via Yahoo Finance
With 64% ownership of the shares, Vector Group Ltd. (NYSE:VGR) is heavily dominated by institutional...
Key Insights
Significantly high institutional ownership implies Vector Group's stock price is sensitive to their trading actionsA total of 7 investors have a majority stake in the company with 51% ownership Insiders have sold recently
To get a sense of who is truly in control of Vector Group Ltd. (NYSE:VGR), it is important to understand the ownership structure of the business. With 64% 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).