Published on 26 Dec 2023 on Simply Wall St. via Yahoo Finance
With 57% ownership, Southside Bancshares, Inc. (NASDAQ:SBSI) boasts of strong institutional backing
Key Insights
Given the large stake in the stock by institutions, Southside Bancshares' stock price might be vulnerable to their trading decisionsThe top 25 shareholders own 50% of the company Insiders have bought recently
A look at the shareholders of Southside Bancshares, Inc. (NASDAQ:SBSI) can tell us which group is most powerful. With 57% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).