Published on 10 May 2024 on Simply Wall St. via Yahoo Finance
ALS Limited (ASX:ALQ) is favoured by institutional owners who hold 56% of the company
Key Insights
Institutions' substantial holdings in ALS implies that they have significant influence over the company's share priceA total of 22 investors have a majority stake in the company with 51% ownershipOwnership research along with analyst forecasts data help provide a good understanding of opportunities in a stock
Every investor in ALS Limited (ASX:ALQ) should be aware of the most powerful shareholder groups. With 56% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).