Published on 24 Nov 2023 on Simply Wall St. via Yahoo Finance
With 51% institutional ownership, Eagle Bulk Shipping Inc. (NYSE:EGLE) is a favorite amongst the big...
Key Insights
Given the large stake in the stock by institutions, Eagle Bulk Shipping's stock price might be vulnerable to their trading decisionsA total of 7 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
If you want to know who really controls Eagle Bulk Shipping Inc. (NYSE:EGLE), then you'll have to look at the makeup of its share registry. With 51% stake, institutions possess the maximum shares in the company. In other words, the group stands to gain the most (or lose the most) from their investment into the company.