Published on 16 Dec 2023 on Simply Wall St. via Yahoo Finance
With 84% ownership, Matthews International Corporation (NASDAQ:MATW) boasts of strong institutional...
Key Insights
Significantly high institutional ownership implies Matthews International's stock price is sensitive to their trading actions51% of the business is held by the top 8 shareholders Past performance of a company along with ownership data serve to give a strong idea about prospects for a business
If you want to know who really controls Matthews International Corporation (NASDAQ:MATW), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 84% to be precise, is institutions. In other words, the group stands to gain the most (or lose the most) from their investment into the company.