Published on 22 Dec 2023 on Simply Wall St. via Yahoo Finance
Key Insights
Institutions' substantial holdings in Newmark Group implies that they have significant influence over the company's share price50% of the business is held by the top 11 shareholdersUsing data from analyst forecasts alongside ownership research, one can better assess the future performance of a company
Every investor in Newmark Group, Inc. (NASDAQ:NMRK) should be aware of the most powerful shareholder groups. With 57% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).