Published on 12 Jun 2023 on Simply Wall St. via Yahoo Finance
With 38% ownership, MiX Telematics Limited (JSE:MIX) has piqued the interest of institutional...
Key Insights
Significantly high institutional ownership implies MiX Telematics' stock price is sensitive to their trading actionsThe top 8 shareholders own 52% of the company Insiders have been selling lately
To get a sense of who is truly in control of MiX Telematics Limited (JSE:MIX), it is important to understand the ownership structure of the business. With 38% 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).