Published on 17 Oct 2023 on Simply Wall St. via Yahoo Finance
Institutional investors are PCTEL, Inc.'s (NASDAQ:PCTI) biggest bettors and were rewarded after last...
Key Insights
Institutions' substantial holdings in PCTEL implies that they have significant influence over the company's share price51% of the business is held by the top 9 shareholders Insiders have bought recently
A look at the shareholders of PCTEL, Inc. (NASDAQ:PCTI) can tell us which group is most powerful. The group holding the most number of shares in the company, around 44% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).