Published on 19 May 2024 on Simply Wall St. via Yahoo Finance
With 79% institutional ownership, The Allstate Corporation (NYSE:ALL) is a favorite amongst the big...
Key Insights
Institutions' substantial holdings in Allstate implies that they have significant influence over the company's share price50% of the business is held by the top 25 shareholders Recent sales by insiders
A look at the shareholders of The Allstate Corporation (NYSE:ALL) can tell us which group is most powerful. We can see that institutions own the lion's share in the company with 79% ownership. Put another way, the group faces the maximum upside potential (or downside risk).