Published on 19 Apr 2024 on Simply Wall St. via Yahoo Finance
With 88% institutional ownership, Commercial Metals Company (NYSE:CMC) is a favorite amongst the big...
Key Insights
Significantly high institutional ownership implies Commercial Metals' stock price is sensitive to their trading actions50% of the business is held by the top 10 shareholders Insiders have sold recently
Every investor in Commercial Metals Company (NYSE:CMC) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 88% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.