Published on 19 Jun 2024 on Simply Wall St. · via Yahoo Finance
With 74% institutional ownership, First Merchants Corporation (NASDAQ:FRME) is a...
Key Insights
Given the large stake in the stock by institutions, First Merchants' stock price might be vulnerable to their trading decisionsThe top 16 shareholders own 51% of the company Insiders have been buying lately
A look at the shareholders of First Merchants Corporation (NASDAQ:FRME) can tell us which group is most powerful. We can see that institutions own the lion's share in the company with 74% ownership. Put another way, the group faces the maximum upside potential (or downside risk).