Published on 6 Apr 2024 on Simply Wall St. via Yahoo Finance
Evolus, Inc. (NASDAQ:EOLS) is favoured by institutional owners who hold 57% of the company
Key Insights
Given the large stake in the stock by institutions, Evolus' stock price might be vulnerable to their trading decisions53% of the business is held by the top 10 shareholders Insiders have been selling lately
Every investor in Evolus, Inc. (NASDAQ:EOLS) should be aware of the most powerful shareholder groups. The group holding the most number of shares in the company, around 57% to be precise, is institutions. Put another way, the group faces the maximum upside potential (or downside risk).