Published on 2 Aug 2023 on Simply Wall St. via Yahoo Finance
After losing 21% in the past year, Cumulus Media Inc. (NASDAQ:CMLS) institutional owners must be...
Key Insights
Significantly high institutional ownership implies Cumulus Media's stock price is sensitive to their trading actions50% of the business is held by the top 22 shareholdersUsing data from analyst forecasts alongside ownership research, one can better assess the future performance of a company
To get a sense of who is truly in control of Cumulus Media Inc. (NASDAQ:CMLS), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 52% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk).