Published on 10 Nov 2022 on Simply Wall St. via Yahoo Finance
Every investor in Latch, Inc. (NASDAQ:LTCH) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 39% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
And institutional investors saw their holdings value drop by 20% last week. This set of investors may especially be concerned about the current loss, which adds to a one-year loss of 89% for shareholders. Often called “market makers”, institutions wield significant power in influencing the price dynamics of any stock. Hence, if weakness in Latch's share price continues, institutional investors may feel compelled to sell the stock, which might not be ideal for individual investors.
In the chart below, we zoom in on the different ownership groups of Latch.