Published on 3 Apr 2024 on Simply Wall St. via Yahoo Finance
With 83% ownership of the shares, Nabors Industries Ltd. (NYSE:NBR) is heavily dominated by...
Key Insights
Given the large stake in the stock by institutions, Nabors Industries' stock price might be vulnerable to their trading decisionsA total of 10 investors have a majority stake in the company with 50% ownershipUsing 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 Nabors Industries Ltd. (NYSE:NBR), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are institutions with 83% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).