Published on 2 Jun 2024 on Simply Wall St. via Yahoo Finance
Digital Turbine, Inc.'s (NASDAQ:APPS) recent 12% pullback adds to one-year year losses,...
Key Insights
Significantly high institutional ownership implies Digital Turbine's stock price is sensitive to their trading actionsA total of 20 investors have a majority stake in the company with 51% ownershipOwnership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
Every investor in Digital Turbine, Inc. (NASDAQ:APPS) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 60% ownership. Put another way, the group faces the maximum upside potential (or downside risk).