Published on 23 Jan 2024 on Simply Wall St. via Yahoo Finance
With 39% stake, Foghorn Therapeutics Inc. (NASDAQ:FHTX) seems to have captured institutional...
Key Insights
Significantly high institutional ownership implies Foghorn Therapeutics' stock price is sensitive to their trading actionsA total of 4 investors have a majority stake in the company with 55% ownership Insider ownership in Foghorn Therapeutics is 12%
A look at the shareholders of Foghorn Therapeutics Inc. (NASDAQ:FHTX) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 39% ownership. Put another way, the group faces the maximum upside potential (or downside risk).