Published on 24 Jan 2024 on Simply Wall St. via Yahoo Finance
Teekay Corporation (NYSE:TK) is a favorite amongst institutional investors who own 86%
Key Insights
Significantly high institutional ownership implies Teekay's stock price is sensitive to their trading actionsA total of 5 investors have a majority stake in the company with 53% ownershipUsing data from company's past performance alongside ownership research, one can better assess the future performance of a company
To get a sense of who is truly in control of Teekay Corporation (NYSE:TK), it is important to understand the ownership structure of the business. We can see that institutions own the lion's share in the company with 86% ownership. Put another way, the group faces the maximum upside potential (or downside risk).