Published on 19 Feb 2024 on Simply Wall St. via Yahoo Finance
Lakeland Financial Corporation (NASDAQ:LKFN) is a favorite amongst institutional investors who own...
Key Insights
Significantly high institutional ownership implies Lakeland Financial's stock price is sensitive to their trading actionsThe top 9 shareholders own 51% of the company Insiders have sold recently
Every investor in Lakeland Financial Corporation (NASDAQ:LKFN) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 83% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.