Published on 25 Nov 2023 on Simply Wall St. via Yahoo Finance
The Cato Corporation (NYSE:CATO) is a favorite amongst institutional investors who own 51%
Key Insights
Given the large stake in the stock by institutions, Cato's stock price might be vulnerable to their trading decisionsThe top 11 shareholders own 50% of the company Recent sales by insiders
If you want to know who really controls The Cato Corporation (NYSE:CATO), then you'll have to look at the makeup of its share registry. We can see that institutions own the lion's share in the company with 51% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).